August 2, 2010
When the present Lloyd’s building was completed in 1986, the architecture was called high tech, but inside you would have found that the offices contained no Internet, no e-mails and no World Wide Web. Since the construction of this building, …
August 2, 2010
Oxygen Insurance Brokers, a subsidiary of Oxygen Holdings plc, has appointed Simon Rowlands as head of office, Oxygen Corporate Risks, (Leeds). Rowlands recently joined Oxygen as senior client director from Barlett. He is a fellow of the Chartered Insurance Institute …
August 2, 2010
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Investigators Market Detail: The Mechanic Group Inc. offers errors and omissions, commercial excess, contractors general …
July 30, 2010
TPG Capital has completed the acquisition of Vertafore, a provider of software and services to the insurance industry. The deal was first announced on June 10, 2010. TPG purchased the company from Hellman & Friedman and its co-investor JMI Equity …
July 29, 2010
Torus Insurance is “continuing the rollout of its Continental European operation,” notes a company bulletin. It announced the appointment of Esther Fittinghoff as Professional Lines Manager and Kurt Fleischmann as Senior Casualty Underwriter. They are based in Torus’ Cologne and …
July 29, 2010
Louisville, Ky.-based insurance and benefits broker Arison Insurance Services, Inc. has acquired London, Ky. based insurance broker, Benefits Solutions, LLC. The acquisition creates Arison’s seventh regional office in Kentucky. Terms were not disclosed. David Combs, former chief executive officer of …
July 28, 2010
The UK’s Miller, a specialist independent insurance and reinsurance broker, announced that Stuart Fraser has joined the firm. He is an expert in various classes of marine business including port and terminal package policies, transport liability and US based casualty/transportation. …
July 28, 2010
A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of Bermuda-based Lancashire Insurance Company Limited and Lancashire Insurance Company (UK) Limited, collectively …
July 28, 2010
BP Plc’s newly named chief executive Tuesday called the Gulf oil spill a “wake-up call” for the entire industry as the company tallied up its losses and disclosed two U.S. investigations. Bob Dudley, who will replace gaffe-prone Tony Hayward as …
July 27, 2010
Momentous Insurance Brokerage of Van Nuys, Calif., has announced a strategic partnership with Doodson Entertainment, a specialist brokerage firm in the United Kingdom and the United States, to bring enhanced capability in placing non-appearance and event cancellation insurance solutions. Non-appearance …