The UK’s Conservative government recently announced the long awaited regulatory reform proposals for financial services, covering both banks and insurers. They are far reaching, and will require changes in the way the UK’s insurance industry is regulated. As a result …
Willis Group Holdings announced that six new members have joined Willis Networks, its alliance with local, independent insurance brokers in the UK. Willis Networks is made up of the Willis Commercial Network (WCN), which represents larger independent brokers and Willis …
Mitsui Sumitomo at Lloyd’s has made five appointments to its corporate, mid-market and regional distribution teams as the UK non-life insurer continues its expansion drive. The corporate team has been strengthened by the appointments of Clive Rogers, as a casualty …
UK businesses are “dangerously exposed to the possibility of heavy fines under the latest UK and EU legislation regarding environmental liability,” according to Aon. The bulletin added that in order to help “UK firms establish the level of risk they …
Fraud is a fact of life for the insurance industry – part of the game so to speak. While some claims, as Lloyd’s notes in an article on its web site, may cause people to smile, the amount of money …
The Global Captive Practice of Willis Group Holdings and Atlas Insurance PCC (Protected Cell Company), which is based on the Island of Malta, jointly announced the establishment of a new insurance structure to cover the entire UK fleet liability of …
Willis Group Holdings UK branch announced that Robert Capurro has been appointed leader of the Utilities Practice within its Risk Solutions division, effective immediately. He is based in London, and reports to Paul Chetwynd-Talbot, National Practices Leader for Willis UK …
UK-based specialist insurer Amlin plc announced that a wholly owned subsidiary has entered into an agreement to acquire Lead Yacht Underwriters Limited from members of Lead Yacht’s board of directors. The transaction remains subject to the approval of the change …
Martyn Perryman has been appointed Sales and Marketing Director for Willis UK & Ireland (WUKI), effective immediately. He is based in London and reports to Brendan McManus, CEO, WUKI. He will be responsible for increasing revenue growth and retention across …
UK-based specialist insurer Amlin plc announced that its wholly owned subsidiary, Amlin Corporate Services Limited, has agreed and has completed the acquisition of J R Clare Underwriting Agencies Limited (JCUA) from John Clare. Amlin described JCUA as a “managing general …
