Daily Insurance Industry News
 
 
Daily Insurance Industry News
Wednesday 19th of June 2013
January 4, 2013

Open GI bolsters Product Development team

by Richard Kilner

Story link: Open GI bolsters Product Development team

Leading systems provider Open GI has announced that it has bolstered its Product Development operations with the appointment of Kerri Finnegan as head of Product Development. She brings almost two decades of experience with the firm to her new position, including a broad range of knowledge and expertise. In her new position Finnegan will manage [...]



Crawford appoints US Property & Casualty CEO

by Richard Kilner

Story link: Crawford appoints US Property & Casualty CEO

Crawford & Company has announced the appointment of David J. Repinski as chief executive officer of the firm’s US Property and Casualty business. In his new position with the firm Repinski assumes responsibility for the Property and Casualty business unit’s operations, including expanding the firm’s operations, diversifying its services and spearheading innovations and initiatives. In [...]



Amlin Corporate Insurance becomes Amlin Europe

by Richard Kilner

Story link: Amlin Corporate Insurance becomes Amlin Europe

Amlin Corporate Insurance has announced that it is now to operate under the name Amlin Europe. The firm’s legal entity/risk carrier will remain the same. The renaming is a first step in Amlin’s growth strategy for Europe, with the firm intending to further develop its brand across continental Europe. Later this year Amlin France will [...]



January 3, 2013

XL Group strengthens North America Property team

by Richard Kilner

Story link: XL Group strengthens North America Property team

XL Group plc has announced that it has strengthened its North America Property business with the appointment of Joseph Moylan as its Northeast regional manager. Moylan is to be based in New York, and will report directly to Michele Sansone, Eastern Zone Executive in XL’s North America Property. Sansone explained that quality insurance coverage, risk [...]



PartnerRe acquires Presidio Reinsurance Group

by Richard Kilner

Story link: PartnerRe acquires Presidio Reinsurance Group

PartnerRe Ltd. has announced that it has completed the acquisition of California-based Presidio Reinsurance Group. The Presidio Reinsurance Group is a leading US specialty accident and health reinsurance and insurance writer. All the necessary regulatory approvals for the acquisition have been granted. The Presidio Reinsurance Group was founded in 1994 and presently writes approximately $250m [...]



January 2, 2013

AmWINS acquires Gresham & Associates

by Richard Kilner

Story link: AmWINS acquires Gresham & Associates

AmWINS Group, Inc. has announced that it has completed the acquisition of Gresham & Associates, Inc. Gresham & Associates was founded by Jim Gresham in 1979, and has grown to become one of the largest managing general agents (MGA) and wholesale brokerages in the United States. Last year Gresham & Associates placed $340m in premium, [...]



Miller makes senior reinsurance hire

by Richard Kilner

Story link: Miller makes senior reinsurance hire

Miller has announced that it has bolstered its London-based reinsurance team with the appointment of Charlotte Condon. Condon, an experienced producer and broker of facultative reinsurance, is the latest in a number of appointments the firm has made to its reinsurance team recently, with more such appointments are planned for the near future. Condon brings [...]



December 20, 2012

XL Group makes three hull insurance hires

by Richard Kilner

Story link: XL Group makes three hull insurance hires

XL Group plc has announced that its North American Marine business’ blue water hull risk management capabilities in New York are to be bolstered with three new appointments. Siobhan Coen and Jeff Loechner join the firm as senior underwriters, and Eileen Fellin becomes a senior claims consultant. Coen joins the firm from the American Hull [...]



Canopius appoints new CFO

by Richard Kilner

Story link: Canopius appoints new CFO

Canopius Group Limited has announced the appointment of Paul Cooper as group chief financial officer. Cooper joins the firm from Ernst & Young LLP, where he led the specialty (re)insurance market segment and was a lead partner for a number of Lloyd’s and London market financial audit engagements. Earlier in his career he worked for [...]



December 19, 2012

RK Harrison appoints Pardoe divisional director

by Richard Kilner

Story link: RK Harrison appoints Pardoe divisional director

R K Harrison has announced that it has bolstered its claims team with the appointment of Spencer Pardoe. Pardoe, who has been appointed divisional director, will work on claims for RKH Reinsurance Brokers, with a particular focus on developing the claims capabilities in the Specialty and Fac divisions. In his new position with the firm [...]



PartnerRe to acquire Presidio Reinsurance Group

by Richard Kilner

Story link: PartnerRe to acquire Presidio Reinsurance Group

PartnerRe Ltd. has announced it has reached a definitive agreement to acquire California-based Presidio Reinsurance Group. The Presidio Reinsurance Group is a leading specialty accident and health reinsurance and insurance writer which currently underwrites approximately $250m of accident and health premium. The firm was founded 18 years ago and is a leading writer of HMO [...]



December 18, 2012

XL bolsters political risk and trade credit team

by Richard Kilner

Story link: XL bolsters political risk and trade credit team

XL Group plc has announced that it has bolstered its political risk and trade credit team with the appointment of David Lineham. Lineham will become a senior underwriter within the team, to which he brings extensive experience from his time as a litigator with law firm Clyde and Co. He has also worked for Aspen [...]



Kiln announces new hire with Lloyd’s China

by Richard Kilner

Story link: Kiln announces new hire with Lloyd’s China

International specialist insurance and reinsurance underwriting group Kiln has announced the appointment of Gu Jin to lead its new venture with Lloyd’s Insurance Company (China) Ltd in Shanghai. Kiln will operate in China via Lloyd’s Insurance Company (China) Ltd as part of the newly created Kiln Underwriting Division. Jin will be tasked with developing a [...]



December 17, 2012

Endurance appoints chief operations officer

by Richard Kilner

Story link: Endurance appoints chief operations officer

Bermuda-based insurer Endurance Specialty Holdings Ltd. has announced the appointment of John L. O’Connor as chief operations officer. In his new role with the firm O’Connor will assume responsibility for Information Technology, Program Management, Strategic Sourcing and Insurance and Reinsurance Underwriting Operations. In his newly created role he will be directly responsible to Chief Executive [...]



Bupa to acquire Dental Corporation

by Richard Kilner

Story link: Bupa to acquire Dental Corporation

International healthcare group Bupa has announced that it plans to acquire Dental Corporation, Australia and New Zealand’s largest dental group. The acquisition will bolster and broaden Bupa’s current healthcare offering in Australia and New Zealand, which already includes private health insurance, care homes, retirement villages, and many other services. On completion of the deal Bupa [...]



December 14, 2012

Ex-Brit CEO to join Arthur J. Gallagher

by Richard Kilner

Story link: Ex-Brit CEO to join Arthur J. Gallagher

Arthur J. Gallagher International has announced that Neil Eckert is to be appointed a non-executive director, subject to regulatory approval. Eckert is the founder and former chief executive officer of Brit Insurance, and he warned that the world was becoming increasingly under-insured. He went on to say that after three decades of experience in and [...]



IAG to sell UK operations

by Richard Kilner

Story link: IAG to sell UK operations

Insurance Australia Group Limited (IAG) has announced the sale of all its UK operations following the completion of its strategic review. The sale is expected to occur through two separate transactions, with the Equity Red Star (ERS) business being sold to private equity investment firm Aquiline Capital Partners for £87m. The ERS sale is subject [...]



December 13, 2012

RK Harrison appointed by IMechE

by Richard Kilner

Story link: RK Harrison appointed by IMechE

R K Harrison Insurance Services Limited (RKHIS) has been named as the preferred business insurance supplier to members of the Institution of Mechanical Engineers (IMechE). More than 100,000 professional engineers are members of the IMechE, working in a variety of sectors including Aerospace, Automobile, Construction & Building, Manufacturing, Medicine & Health, Power and Railway. The [...]



Groupama applauds Government whiplash proposals

by Richard Kilner

Story link: Groupama applauds Government whiplash proposals

Groupama Insurances’ Head of Large and Complex Loss Karl Parr has welcomed the Government’s proposals to tackle false whiplash claims, and said that they should be applauded. Parr described the whiplash claim record in the UK as entirely disproportionate to the rest of Europe, adding that every policyholder was paying extra because of it. The [...]



Allianz Retail offers Christmas security tips

by Richard Kilner

Story link: Allianz Retail offers Christmas security tips

As Christmas draws nearer Allianz Retail has issued advice to customers and brokers to help ensure properties are as secure as possible over the festive season. Many spend time away from home, visiting family and friends, which can leave unoccupied homes easy pickings for criminals. The insurer has issued a range of tips to avoid [...]