London News

Lime-St.com For Underwriters Launches Cloud Computing for Insurers

London Market technology specialists TriSystems has announced the launch of a new electronic underwriting service to complement their electronic broking platform, which, the company said, marks “a significant shift from the tactical to strategic use of messaging software. “Lime-St.com For …

Hurst-Bannister to Join Xchanging Ins-Sure Services Board

Global business processor Xchanging announced that Barnabas Hurst-Bannister will join the Xchanging Ins-Sure Services board as a non-executive director in March. He has broad experience with the London and the Lloyd’s market, having served as the chairman of Traveler’s Syndicate …

Fine Arts Consortium Increases Capacity for 2012

Ironshore’s Pembroke Consortium has increased capacity to $116 million for 2012 to meet new demand, an expansion over the $105 million it offered in 2011. The increase in capacity comes as the organization closes its first year offering specialty fine …

Xchanging Names Binns Executive Director – Technology Services Business

London-based Xchanging plc, a business process and technology services provider and integrator, has announced that Andrew Binns was appointed Executive Director of its Technology Services business, effective January 3, 2012. He is based in London, and will also become a …

Harris Joins XL Group from Chartis as Chief Executive-International P&C

The insurance segment of XL Group plc announced the appointment of Jason Harris as Chief Executive of its International P&C Insurance business. He will be based in London and report to Greg Hendrick, CEO of XL’s insurance segment. Upon joining …

IUA to Compile New Statistical Analysis of the London Insurance Market

The International Underwriting Association announced a number of new initiatives to enhance and expand its statistics for the London company market in 2012. In 2011 it published a “groundbreaking analysis that comprehensively measured premium income generated by insurance and reinsurance …

Aon To Move Corporate Headquarters to London

Global insurance broker, risk management and human resource consulting firm Aon Corp. announced that it will move its corporate headquarters from Delaware to London. The company said the move is as “an important step” in its global growth strategy. The …

La Playa Insurance Introduces Yacht Coverage

La Playa Insurance will start providing coverage for yachts and other pleasure crafts after hiring Mike Taylor-West as head of Private Client & Marine. The brokerage, which has offices in London, Cambridge and New York, will access a variety of …

Liberty Syndicate Names Dubois to Head Business Advisory Team

London-based Liberty Syndicate Management Limited, a member of Liberty Mutual Group, has appointed Rene Dubois to lead its Business Advisory team. He is an experienced commercial lawyer with more than 17 years’ experience in the insurance and reinsurance markets. Liberty …

Liberty Syndicates Name Sprent to Head Global Financial Risks

Liberty Syndicates Management, a member of Liberty Mutual Group, announced that Peter Sprent, an experienced political risk and trade credit underwriter, will be joining Liberty Syndicates at Lloyd’s to lead its Global Financial Risks team. Chief Underwriting Officer, Matthew Moore …