International general insurance and reinsurance group Brit Insurance has announced the appointment of Mark Figes as International Professional Indemnity class underwriter. In his new position Figes is tasked with handling the management and development of the firm’s International Professional Indemnity (PI) Portfolio. He will be directly responsible to PI business Divisional Director Janet Henderson. Figes [...]
International general insurance and reinsurance group Brit Insurance has announced the appointment of Gerry Ross to the UK Commercial Motor team as a commercial motor underwriter. He leaves behind Allianz, where he started working in 2002 as a graduate trainee, to join Brit Insurance. During his career he has occupied a range of roles, mostly [...]
Brit Insurance has appointed Baldeep Johal to the newly-created position of group chief risk officer. Having joined the general insurance group in 2001, Mr Johal was subsequently promoted to group chief actuary and is attributed with having created a strong actuarial and modelling team. In his new post, he will report directly to Brit’s group [...]
Brit Insurance has agreed the terms of a cash offer for the business made by Achilles, a newly-incorporated company formed on behalf of private equity firms, Apollo Management and CVC Capital Partners. The move will give Brit shareholders who accept the offer up to £11 in cash per share, while non-accepting shareholders will receive £10.45 [...]
International general insurance and reinsurance group Brit Insurance has announced the promotion of North American Professional Indemnity Underwriter Jonathan Mudd to the post of class underwriter. Mudd, who takes up his new role with immediate effect, first joined Brit as a graduate some seven years ago and within two years had become North American Professional [...]
Brit Insurance has appointed Vivek Banga, currently the firm’s UK distribution leader, Small Business and Personal Lines, to head of UK distribution, with immediate effect. In his new role, Mr Banga will have responsibility for developing and overseeing channel strategy for the insurer’s UK product range aimed at businesses with a turnover of up to [...]
New directors have been appointed to the boards of Brit Insurance Limited and Brit Syndicates Limited. The general insurer has promoted executives currently within the group as follows: Malcolm Beane (Group Chief Operating Officer), Ray Cox (CEO, UK business unit), Jonathan Turner (CEO, Brit Reinsurance and Active Underwriter of Lloyd’s Syndicate 2987) and Matthew Wilson [...]
International general insurance and reinsurance group Brit Insurance has announced that the Reinsurance Contracts Manager for its Reinsurance business unit, Alan Groves, has won the prestigious Chartered Insurance Institute’s Rutter Prize. The accolade is awarded every year to the finest new Fellow of the Chartered Insurance Institute (FCII). Groves received his gold medal and cheque [...]
International general insurance and reinsurance group Brit Insurance has announced it has created a raft of new positions in its Global Markets strategic business unit. North American Property Class Underwriter Tim Rowley becomes Divisional Director of “Property, Space & Terrorism”, with Financial Property Class Underwriter Christiern Dart appointed as Divisional Director of “Property Facilities”. Personal [...]
International general insurance and reinsurance group Brit Insurance has announced the appointment of Richard Carver as underwriting director in the firm’s Reinsurance strategic business unit. Carver, who takes up his new position in later September, will be directly responsible to Brit Reinsurance Chief Executive Officer Jonathan Turner. He brings extensive experience in the fields of [...]
International general insurance and reinsurance group Brit Insurance has announced the appointment of Ray Cox to the post of chief executive officer of the firm’s UK Strategic Business Unit. Cox, whose appointment is effective from 1 September, will also take up a seat on the Executive Management Committee and will report directly to Group Chief [...]
International general insurance and reinsurance group Brit Insurance Holdings N.V. has announced the nomination of Scott Egan to the position of group chief financial officer, subject to regulatory approval. Egan’s appointment will require the support of Brit Insurance shareholders, and, if successful, will see him acquire a seat on the firm’s statutory board. He would [...]
Brit Insurance has released its financial results for the first six months of 2010, including pre-tax profits of £75.5m, a welcome turn around for the firm which in the same period last year incurred a net loss of £8.7m (and a pre-tax result of £64.9m). Gross written premiums declined by 13.4% year-on-year, falling from £983m [...]
International general insurance and reinsurance group Brit Insurance has announced the appointment of Tom Taylor as Liability Portfolio management underwriter in the firm’s London office. Taylor assumes his position with immediate effect and is directly responsible to Jamie McNab, UK Portfolio manager for Liability. He joins the firm from RSA, where he held numerous liability [...]
International general insurance and reinsurance group Brit Insurance has announced the appointment of Denon Ambris as liability underwriter in the firm’s Birmingham office. He joins Brit from Chubb Insurance, leaving behind his former post as European Sales Training adviser providing training throughout the firm’s European branch network. Earlier in his career Ambris spent over two [...]
International general insurance and reinsurance group Brit Insurance has announced a four year partnership with Chance to Shine, the grassroots sports development programme run by The Cricket Foundation. Brit will support the programme’s ten year mission to educate two million children through cricket. The £50m campaign was five years old last week, and celebrated supporting [...]
International general insurance and reinsurance group Brit Insurance has announced that Andrew Cunningham has been promoted to serve as head of office for its Gibraltar operations. Cunningham will report directly to the firm’s Netherlands geneal manager, Ferdinand Voskens, who was himself appointed only last week. He assumes his new post with immediate effect, and also [...]
International general insurance and reinsurance group Brit Insurance has announced the appointment of Ferdinand Voskens as general manager of its Netherlands head office. Voskens assumes his new position with immediate effect, and will report directly to Commercial Director Peter Goddard. He brings extensive experience in the Dutch corporate sphere to his new role, for which [...]
International general insurance and reinsurance group Brit Insurance has announced the appointment of Vivek Banga as UK distribution leader. He joins Brit Insurance from NIG, where he latterly served as head of Business Development, prior to which he was head of E-Commerce Distribution. Banga brings with him over a decade of experience in the UK [...]
International insurance and reinsurance group Brit Insurance has announced the establishment of its new office in Australia, replacing its previous third party agreement. The new office is situated in Sydney’s financial district, and will offer local representative services for the firm’s reinsurance activities. At the same time, Brit has announced the appointment of Mike Davidson [...]
