Archive for August, 2009

MMA appoint development manager for Scotland

Broker MMA Insurance has announced the appointment of Allan Burns as development manager for Scotland. Before joining MMA he formerly worked for AIG UK as a property development underwriter. Earlier in his career he served as account manager for AXA Insurance’s provincial broker panel, a post which saw him responsible for building up local relationships. [...]

August 3, 2009 | 0 Comments More

Zurich appoint UK General Insurance CEO

Zurich Financial Services Group has named Stephen Lewis as the firm’s new chief executive officer for UK General Insurance, with effect from 5 October. The appointment is subject to regulatory approval, and will see Lewis directly responsible to the CEO of Western Europe, Markus Hongler. He is a veteran of the firm, having joined it [...]

August 3, 2009 | 0 Comments More

Brit blames loss on foreign exchange charge

Brit Insurance posted a pre-tax loss of £8.7 million for the first half of 2009, down from a profit of £49.9 million in the year ago period. Net income plummeted to a £6.3 million loss, down from a £37.6 million profit in the first half of 2008. The Lloyds of London underwriter blamed the loss [...]

August 3, 2009 | 0 Comments More

Scottish Provident extends critical illness cover

Scottish Provident has extended its critical illness cover. Three new conditions have been added to the list of critical illnesses covered: primary pulmonary hypertension – of specified severity; pulmonary artery graft surgery – with surgery to divide the breastbone; and structural heart surgery – with surgery to divide the breastbone. The definitions apply across both [...]

August 3, 2009 | 0 Comments More