Michael Bakker has been appointed by Willis Group Holdings to serve as head and MD of Europe for its Willis Capital Markets and Advisory unit. He joins Willis from Bank of America, where he worked as head of Europe, Middle East and Africa (EMEA) Financial Institutions Group. Earlier in his career he spent over a [...]
Legal & General Group Plc has announced the appointment of John Stewart as non-executive chairman. Stewart succeeds Sir Rob Margetts on 1 March 2010, at which time Sir Rob will stand down from Legal & General’s board. Sir Rob has been with the firm for 13 years, the last nine of which have been as [...]
Aviva has announced that it has agreed the sale of RAC France in a management buyout backed by French private equity firm, Finadvance SA. The business is based in Lyon and was acquired by Aviva in 2005, as part of RAC plc. RAC France coordinates roadside assistance for RAC’s UK customers in Europe, whilst also [...]
Brokerbility and Brett & Randall, which is a founding member of the broker network, have been acquired in a management buyout. The move follows the resignation of chief executive, Stuart Randall, who will be engaging with new ventures but will remain as advisor to both companies, for the next four or five years. Mr Randall [...]
Global insurance broker Willis Group Holdings Limited (NYSE:WSH) has announced the appointment of Joshua King as senior VP of Group Marketing and Communications. He brings decades of experience in both the public and private sectors to the firm, and most recently served as chief spokesman of The Hartford Financial Services Group, Inc. King will report [...]
Homelet, the specialist lettings insurer, is to launch Landlord’s Insurance+ this month. The new product will offer buildings and contents insurance, and an unprecedented degree of coverage with buildings cover of £500,000 as standard, and Emergency Assistance. After a claim has been made the costs of re-letting or rent loss are also covered, with loss [...]
Protecting a no-claims bonus can cost more than it is worth. The claim is made by Confused.com, which is warning motorist that insurers calculate no-claims discounts in different ways, meaning that the impact of the bonus on a premium varies widely. According to the price comparison website, this brings the value of protecting a no-claims [...]
