Catlin UK, a subsidiary of Catlin Group Limited, announced that it has “teamed with risk mitigation and loss reduction specialist Global Continuity” to include an enhanced disaster recovery plan, “BusinessAssist,” in its property insurance policies tailored for small to medium …
Aon announced that it has officially opened its new Manchester UK office with a “celebration attended by clients, insurers, partners and players and staff from its sponsor partners Manchester United [the City’s football (soccer) team that is practically assured of …
Cooper Gay, the UK partner of Swett & Crawford, announced that it plans to form a new International management team for its non-marine and energy operations in the UK, charged with “driving the business forward from a strategic perspective.” The …
Catlin UK, part of the Catlin Group Limited, plans to unveil a new suite of products aimed specifically at UK brokers at this week’s BIBA (British Insurance Brokers Association) conference in Manchester. The products – Catlin Select and Catlin Online …
Hiscox Ltd., which operates in the U.S., Bermuda and Europe, as well as the Lloyd’s and UK market, has issued its Interim Management Statement for the first three months of the year to 31 March 2011. Hiscox said its gross …
MMA Insurance, the wholly owned UK subsidiary of French multi-national insurer, MMA IARD Assurances Mutuelles, has appointed Derek Bradshaw as Development Manager, to drive commercial growth through its broker partners. He joins MMA from Ecclesiastical Insurance where he was Business …
Pioneer Underwriting, BMS Group’s recently launched Lloyd’s MGA, announced that Amy Fu joins the team as a Marine Underwriter. BMS launched Lloyd’s Managing General Agent, Pioneer Underwriting, in April 2011 to “underwrite a diverse portfolio of business with an initial …
British banks gave up a fight over compensating customers wrongly sold insurance, forcing Barclays Plc and HSBC to take a combined hit of more than $2 billion in the latest blow to the industry. Barclays said it would make a …
Lloyds, the UK’s state-backed bank, which has no affiliation with Lloyd’s of London, took a shock £3.2 billion ($5.3 billion) charge against its profits on Thursday to cover compensation for people sold insurance they would never be able to claim. …
In a response to the proposals to restructure the UK’s financial regulations the Lloyd’s Market Association (LMA) has taken issue with some of the proposals, which, in its view are “over-engineered” and excessively “bank centric.” “The future regulation of the …
