Insurance blog by John Lewis

WR Berkley name president and COO

admin — Fri, 06 Nov 2009 01:20:53 +0000

W. R. Berkley Corporation has announced the choosing of W. Robert Berkley, Jr. by the Board of Directors to the positions of president and chief operating police officer. Berkley, who assumes his new appointments with immediate effect, will be reliable for management of all the firm’s operating units. He joined the solidify 12 years ago, and for [...]

MMC announces Q3 results

admin — Fri, 06 Nov 2009 01:20:44 +0000

Fen & McLennan Companies, Inc. (MMC) has reported its financial results concerning Q3. President and CEO Brian Duperreault has said that the unalterable consolidate enjoyed strong earnings in the quarter, particularly in the Risk and Indemnity Services segment, with both Marsh and Guy Carpenter performing well. Consolidated gain was down 11% from Q3 2008, to $2.5bn, however [...]

ABI appoints changed director general

admin — Fri, 06 Nov 2009 01:20:37 +0000

Kerrie Kelly has been named close to the ABI (Association of British Insurers) as its new director undetailed. Kelly is presently executive director and CEO of the Insurance Conclave of Australia, and will assume her new position in February of next year. She brings with her great experience and has held senior posts within both the private [...]

Swinton Indemnity choose Open GI in NI

admin — Fri, 06 Nov 2009 01:20:24 +0000

Swinton Warranty, the high street broker, has chosen Open GI technology to fly the coop its Northern Ireland operations, providing around 300 users with support. The squeeze between the two firms is to last for four years, and includes the Undefended GI core trading system, support services and powerful reporting software. Swinton is universal from strength to [...]

Obovoid Limited releases annual results

admin — Fri, 06 Nov 2009 01:20:16 +0000

Ellipsoidal Limited has announced its financial results for the year ending 31st May 2009. During the route of the year turnover increased from £90.5m to £104.6m, a be generated of 16%, somewhat lower than expected due to the ongoing effect of the recession on customers. Income before tax, depreciation and other costs was up 7%, from £17.4m [...]

Swiss Re reports Q3 profits

admin — Thu, 05 Nov 2009 01:20:40 +0000

Swiss Re has reported that it made bag income of CHF 334m in the third quarter of 2009. This compares genially with a loss in Q3 2008 of CHF 304m, and in Q2 2009 when the solidify incurred a loss of CHF 381m. Chief Executive Officer Stefan Lippe responded to the results past describing them as a [...]

Setanta Surety campaigns against drug driving

admin — Thu, 05 Nov 2009 01:20:30 +0000

Irish insurer Setanta Indemnification has launched a campaign to heighten awareness of the dangers of driving whilst directed the influence of drugs. The campaign will create a series of four-slight films designed to highlight the horrific consequences of drug driving. Brand-New studies suggest as many as 20% have taken drugs, with the unsurprising statistic that the 15-24 [...]

Crawford & Cast appoint CEMEA COO

admin — Thu, 05 Nov 2009 01:20:11 +0000

Crawford & Body has announced that Brian Clark has been appointed to the pylon of chief operating officer for the Continental Europe, Middle East & Africa (CEMEA) tract. He joined the firm two years ago, later becoming senior commercial forewoman for Europe, Middle East & Africa and Asia Pacific. Earlier in his hurtle Clark worked for HBOS, [...]

Glacier decorate new CEO and release Q3 figures

admin — Wed, 04 Nov 2009 01:20:54 +0000

Glacier Assembly has announced the appointment of Todd Hart as chief executive dignitary, with immediate effect. He was formerly a non-executive director on Glacier’s plank, representing founding shareholder HBK Capital Management. Hart replaces Robbie Klaus, who has Nautical port the position of CEO but will remain with the firm as a counsellor. Chairman Will Rose has thanked Klaus [...]

Pensions foggy age on the horizon

admin — Wed, 04 Nov 2009 01:20:45 +0000

Strange research from AXA shows that more than three in five (64%) of Britons pattern to rely on the state membership as the membership of occupational subsistence schemes declines. The United Kingdom sits at the bottom of the G7 combination for state pension provisions, and AXA has called for the organize of state and occupational pensions [...]

AXA named Insurer of Election by Auto Body

admin — Wed, 04 Nov 2009 01:20:35 +0000

AXA warranty has enjoyed a good night at the Auto Body Professionals (ABP) Mace annual ‘Night of Knights’ awards ceremony, at which the compact was voted Insurer of Choice for its vehicle claims management. Expertness has been greatly enhanced for AXA, repairers and customers by enacting a total of measures to improve interactions with the approved [...]

Aviva launches indoctrinate sports equipment initiative

admin — Wed, 04 Nov 2009 01:20:28 +0000

Aviva’s Neonate Health Solutions unit has launched a campaign to provide every nursery school in the UK with an opportunity to receive school sports gear. Triple Olympian and former Javelin world record holder, Steve Backley OBE, is promoting the ambition, which gives parent purchasing a Child Health Solutions policy £15 significance of vouchers. The child’s school can [...]

ABI calls conducive to swift action on RDR clarification

admin — Wed, 04 Nov 2009 01:20:15 +0000

The Society of British Insurers (ABI) has called on the Financial Services Right (FSA) to “act quickly” to ensure the full benefits of the Retail Dispersal Review (RDR) are secured. The regulator has plans to replace commission with counsellor charging, and also intends to raise the professional standards of pecuniary advisers. However, the ABI has pointed out [...]

Unmitigated Line, Churchill and NIG up for sale again

admin — Tue, 03 Nov 2009 01:20:13 +0000

Splendid Bank of Scotland’s (RBS) insurance businesses will almost certainly be sold in error as the Government proceeds with plans to create three new Anticyclone Street retail banking chains from the part nationalised RBS and Lloyds Banking Party, and the wholly state owned Northern Rock. Ministers are putting the certain touches to the proposals which could [...]

Harmonious in ten fail to take out travel insurance

admin — Sun, 01 Nov 2009 01:20:47 +0000

Lone in ten of travellers are not taking out travel insurance, according to brand-new research commissioned by Check Safety First. Chief Executive Officer Mark Harrington has called on the cover industry to educate consumers about the importance of travel insurance, pointing missing that the average medical claim is around £2,500, and obviously worth spending £20 to [...]