This edition of International People Moves covers London-based appointments at three managing general agents: Ensurance, Occam and Aqueous Underwriting. A summary of these new hires follows here. MGA Ensurance Hires D’Aliesio as Senior Casualty Underwriter Ensurance, the specialty lines managing …
Berkshire Hathaway Specialty Insurance (BHSI) announced it has added to its customized suite of directors & officers (D&O) liability and professional indemnity policies, for customers in Ireland. The company has launched a new suite of “Professional First” coverages, which includes …
A failed oil trader in Singapore that owes creditors more than $3.5 billion is suing Deloitte & Touche LLP, alleging the auditing firm failed to detect “serious irregularities” in its financial statements for more than a decade. Deloitte audited the …
Insurance broker Miller has launched a professional indemnity (PI) product designed specifically for solicitors operating on a self-employed basis. The product was developed following reforms introduced in November 2019 by the Solicitor’s Regulation Authority (which regulates solicitors in England and …
LONDON – Company directors would become personally liable for the accuracy of their financial statements under landmark proposals from Britain’s finance ministry next week to improve corporate behavior, sources familiar with the plans said on Friday. Directors would have to …
Chubb announced leadership promotions to its professional indemnity teams for Chubb Global Markets (CGM). Under the changes, Steve Driscoll is appointed head of Professional Indemnity for CGM and also for the United Kingdom & Ireland (UK&I). CGM comprises Chubb’s London …
Specialist insurer Beazley has enhanced its life sciences insurance offering in the UK with the launch of a new policy designed to protect the sector’s small and start-up research & development-focused organizations. This follows the UK launch of Beazley’s internationally …
Former Wirecard AG executive Jan Marsalek was added to Interpol’s red notice list, sparking a worldwide manhunt for one of the executives allegedly at the center of a multibillion-euro accounting scandal at the fintech company The move alerts police worldwide …
German Finance Minister Olaf Scholz intends to unveil a reform of the government’s financial oversight, as the widening scandal over the collapse of Wirecard AG reaches the highest levels of Chancellor Angela Merkel’s government. Scholz’s 16-point “action plan” would install …
German prosecutors arrested three former top executives of Wirecard on Wednesday, saying it suspected them of masterminding a criminal racket to fake the company’s accounts and bilk creditors of billions of euros. Former Chief Executive Markus Braun, already a suspect, …
