London News

World Leaders Back Delay for Final Climate Change Agreement

U.S. President Barack Obama and other world leaders on Sunday supported delaying a legally binding climate pact until 2010 or even later, but European negotiators said the move did not imply weaker action. Some argued that legal technicalities might otherwise …

Aon, Marsh, Willis Back Lloyd’s ‘Exchange’ Modernization Plans

The three largest global insurance brokers – Aon, Marsh and Willis – have given their support to a key stage in further modernizing the Lloyd’s market by agreeing to pilot the Exchange for endorsements using the latest agreed version of …

Insuring Fantasies

New York Brokerage Building Suite of Fantasy Sports Insurance Products It’s a decade-old, multi-billion dollar industry that involves hundreds of companies and directly touches the lives of roughly 27 million Americans. So it makes sense that, eventually, the insurance industry …

Business Moves

TLLA, Crawford Claims management provider Crawford & Company has acquired certain assets of Technical Loss Adjustment and Appraisal LLC (TLAA) of Chicago. The firm’s five experienced adjusters have joined Crawford’s Global Technical Services organization, Crawford announced. TLAA, established in May …

People

Alan Ring has joined National Contractors Insurance Co., Inc. (NCIC), a risk retention group, headquartered in Big Fork, Montana, as director of sales and marketing. Ring will be based in NCIC’s Anaheim Hills, California, office. Prior to joining NCIC, Ring …

People

Arthur Seifert has joined Southwest Insurance Partners Inc. (SWIP) as chief executive officer of Houston-based Bunker Hill Insurance Agency (BHIA), SWIP’s wholly owned underwriting agency subsidiary. Seifert has been in the insurance industry for more than 30 years. In 1994 …

People

Alan Ring joined National Contractors Insurance Co. Inc. (NCIC), a risk retention group, headquartered in Big Fork, Mont., as director of sales and marketing. Prior to joining NCIC, Ring was a regional manager for construction-related publications and affiliated online properties, …

ACE Tempest Re Names Mann Sr. Underwriter for Structured Risks

ACE Tempest Re Europe has announced the appointment of David Mann in the newly created role of Senior Underwriter for Structured Risks. The appointment “further enhances ACE’s commitment to expanding its product offering across its Reinsurance division,” said the bulletin. …

Zurich Global Energy Names Hawker VP – Exploration & Production

Zurich North America announced that its Global Energy unit has appointed Iain Hawker as vice president – Exploration & Production and underwriting manager for London. He replaces Len Messenger, who will take on a new role focused on Asia Pacific …

Somali Pirates Demonstrate Long-range Menace

Anti-piracy measures off Somalia appear to be forcing pirates to extend their range to strike deep into the Indian Ocean, shifting the menace even further from the protection of international naval forces. Gunmen on Monday launched their longest range hijack …