Aon’s London office has announced that companies can now insure themselves for costs incurred if their building or the vicinity is officially closed due to a pandemic. Aon launched the coverage as cases of the H1N1 flu virus are expected …
An article on the Lloyd’s of London web site (www.lloyds.com) discusses the success of an “innovative solution” which can make funding available to governments in the aftermath of a natural disaster. Disasters such as earthquakes and hurricanes “can have a …
Rob May and Michael Williamson have joined London American Risk Specialists Inc. in its Houston office. May joined London American Risk Specialists as vice president of Transportation. His responsibilities include underwriting and brokering transportation business as well as managing the …
Bermuda-based Ironshore Inc. announced today that it has gained approval to write direct and facultative property business on behalf of its Pembroke Lloyd’s Syndicate effective October 1, 2009. The Pembroke team will underwrite a “broad spectrum of property risks with …
Marsh’s London office announced that it has launched a new Directors’ and Officers’ (D&O) liability diagnostic tool for private companies domiciled in the UK. “The service is free to clients with assets below £250 million ($413 million). The tool measures …
Willis Group Holdings announced that Pauline Margrett has been appointed Chief Operating Officer for its Global Captive Practice. She is based in London and will report to Tom Coughlin, the Global Captive Practice leader. The announcement notes that Margrett’s career …
The Bermuda-based Max Capital Group Ltd. announced the appointment of Adam Mullan as Chief Executive Officer of Max at Lloyd’s Ltd., the Lloyd’s managing agent for Syndicates 1400, 2525 and 2526. The appointment is subject to the approval of the …
Ironshore Inc. has named Rod Todd as head of its newly established Lloyd’s Property Operation, and promoted Peter Coleman to head of Ironshore’s Bermuda property operations. Todd has extensive experience in the Lloyd’s Property marketplace. Before joining Ironshore Bermuda in …
Some investors defrauded by epic swindler Bernard Madoff on Tuesday added accounting firm KPMG, JPMorgan Chase and Bank of New York Mellon to a civil lawsuit in a New York court, lawyer Joseph Cotchett said. The lawyer, who also named …
The UK’s Corporate Manslaughter Act and Corporate Homicide Act came into effect on April 6, 2008, and it continues to cause concern. So much in fact, that Marsh held a mock trial last week – at the Tower of London …
