London News

Ward Calls on London Market to ‘Get Back to Basics’

In a speech to the annual Xchanging sponsored conference in Brighton, Lloyd’s chief executive Richard Ward said the London insurance market must “get back to basics” and provide a first class service to customers – or face the consequences. In …

Guy Carp/Amlin Announce First Full Paperless Electronic Claims Settlement

Guy Carpenter, the global risk and reinsurance specialist of the Marsh & McLennan Companies, and Amlin, a leading Lloyd’s insurer, announced that they have successfully implemented their Electronic Claims File (ECF) initiatives in the London Market. The bulletin described the …

Court-Appointed Scientists Say Teflon Health Studies Could Take Years

Ohio and West Virginia residents who sued DuPont over a chemical used to produce Teflon may have to wait up to five years before learning if their health has been adversely affected by the substance, members of a science panel …

Oxygen Completes Smart & Cook Deal

Oxygen Holdings plc, the parent company of the Lloyd’s broker Oxygen Insurance Brokers Ltd, announced that it has completed the acquisition of the business of Smart & Cook Consulting Limited (SCC). “SCC provides a range of services from full insurance …

Jeffrey P. Leman, CPCU joins Prime Holdings as Chief Operating Officer

Chicago, Illinois and Salt Lake City, Utah – Jeffrey P. Leman recently joined Prime Holdings Insurance Services (“Prime”) to hold the position of Chief Operating Officer. Mr. Leman’s achievements include over 25 years of E&S insurance carrier and brokerage experience. …

ACE Names Stanway UK, Ireland Casualty Risks Manager

ACE announced the appointment of John Stanway as its UK & Ireland Regional Major Risks Casualty Manager. He joins the Company from Chubb, where he was most recently Regional Casualty Manager. Prior to Chubb, Stanway worked with Independent and London …

Lockton Launches Re-branded AFIRS

Kansas City’s Lockton, Inc., the world’s largest privately owned insurance broker, announced the launch of Lockton International, the re-branded name of the former Alexander Forbes International Risk Services (AFIRS) business it formally acquired on November 9. Lockton agreed to acquire …

Guy Carpenter Comments on Catlin Cat Bond Placement

Guy Carpenter, the global risk and reinsurance specialist of the Marsh & McLennan Companies and its affiliate MMC Securities Ltd., noted their role as advisors in the completion of a multi-territory, multi-peril catastrophe bond transaction, for the Bermuda-based Catlin Group …

Beazley Opens Singapore Office

Beazley Group plc has expanded its Engineering and Construction team with the opening of a new office in Singapore and the appointment of Byran Lee Guan Leong and Wong Jyh Lih. They will be based in Singapore, writing Asian market, …

ACE Europe Names Cryer UK, Ireland Commercial Property, Package Product Manager

Ace European Group has named Stephanie Cryer as its UK and Ireland Commercial Property and Package Product Manager. She joins ACE from Chubb where she was most recently the London Strategic Marketing manager and previously the London Property Underwriting Manager. …