Latest: Royal & Sun Alliance News

RSA appoints UK head of Litigation

Global insurer RSA has announced that it has appointed Will Bloomer as head of UK Litigation, with effect from 3 January 2012. In his new role Bloomer takes on the oversight of the firm’s litigation management, and is directly responsible to UK General Counsel Neville Howe. Bloomer is presently the general counsel at Gallagher Heath, [...]

December 15, 2011 | 0 Comments More

RSA appoints GSL director

Global insurer RSA has announced the appointment of Steve Slingsby to the post of global programme director for Global Specialty Lines (GSL). In his new position Slingsby collaborates closely with specialty lines teams to help support the GSL business. The GSL business caters to the needs of large, risk managed and specialist businesses across the [...]

December 5, 2011 | 0 Comments More

RSA CFO resigns to join Lloyds

RSA plc has announced that George Culmer has resigned in order to become the new group finance director of Lloyds Banking Group plc. The leaving date has yet to be decided upon, and until then Culmer will retain his positions as a director and chief financial officer of RSA. RSA Chief Executive Officer Simon Lee [...]

November 21, 2011 | 0 Comments More

RSA announces executive team changes

RSA has announced a number of changes to its operating structure and Executive Team, with the Group now split into a quartet of regions: UK & Western Europe; Scandinavia; Canada; and Emerging Markets. The new structure will come into effect from 1 January 2012. Scandinavia Chief Executive Officer Mike Holliday-Williams and Canada Chief Executive Officer [...]

November 11, 2011 | 0 Comments More

RSA appoints North East regional manager

Commercial insurer RSA has announced the appointment of Lee Mooney as the new regional director of the North East. He first joined the firm twelve years ago as a casualty underwriter, and during his time with RSA has occupied a range of positions, including (most recently) Strategic Relationships account director. Mooney, who assumes his new [...]

November 4, 2011 | 0 Comments More

RSA hires group e-business director

Global insurer RSA has announced the appointment of Ian Hood to the position of group e-business director. In his new role Hood will assume responsiblity for enhancing efficiency and fostering growth across the insurer, using electronic tools and systems including direct selling capabilities and broker self servicing options. Hood has expressed his delight at being [...]

October 20, 2011 | 0 Comments More

RSA appoints Barbour to the board

RSA Insurance Group plc has announced the appointment of Alastair Barbour to the board as a non-executive director. Barbour, whose appointment is effective from today, retired from KPMG in March after spending 36 years with the firm, during which time he led the financial services team in Scotland. He also serves as a non-executive director [...]

October 10, 2011 | 0 Comments More

RSA establishes new GSL division

Global insurer RSA has announced that it has taken the decision to combine its large, risk managed and specialist businesses across the world and establish the Global Specialty Lines (GSL) division. Group Sales and Broker Relationships Director Paul Donaldson has been named as the leader of the new division. The GSL division will consist of [...]

October 3, 2011 | 0 Comments More

RSA accused of inflating repair costs

RSA stands accused of boosting profits by using a subsidiary to inflate its motor insurance repair costs. According to BBC Radio 4′s Money Box programme, a recent court case resulted in Circuit Judge, Judge John Platt, finding that RSA Accident Repairs had increased labour costs without carrying out any work itself, and made other charges [...]

September 18, 2011 | 0 Comments More

RSA appoints Streppel to the board

RSA Insurance Group plc has announced the appointment of Jos Streppel to its board as a non-executive director. Streppel, whose appointment is made with effect from 3 October 2011, is presently chairman of KPN, the former incumbent telecom carrier of The Netherlands. In addition to this he is deputy chairman of Van Lanschot, a Dutch [...]

September 13, 2011 | 0 Comments More

RSA H1 profit up 25%

RSA has posted pre-tax profit of £376 million for the six months to the end of June, with the figure up 25% on a year earlier. Net written premiums increased to £4.2 billion, up 10% year-on-year, driven partly by the benefit of 2010 deals. The group recorded an underwriting result of £206 million (H1 2010: [...]

August 4, 2011 | 0 Comments More

RSA chief announces departure

RSA group chief executive, Andy Haste, will be stepping down by the end of the year, after more than eight years at the helm. Simon Lee, currently chief executive of the insurer’s international business, has been named as his successor. Mr Lee joined RSA in 2003 and was appointed to its board in 2007. He [...]

August 4, 2011 | 0 Comments More

RSA appoints Brown executive director

RSA Insurance plc has announced the appointment of Adrian Brown to the board as an executive director. Brown has served the firm as chief executive officer of its UK businesses for the last three years and presently has a seat on the Group Executive Committee. He has worked for RSA since 1989 and has occupied [...]

July 6, 2011 | 0 Comments More

RSA appoints UK Customer and Brilliant Service Director

RSA has appointed Mark Wright as UK Customer and Brilliant Service Director. With is unusual title, Mr Wright has responsibility for the development and delivery of “Brilliant” service across the business, reporting to UK customer and human resources director, Vanessa Evans. Having joined the group in 2007 as commercial marketing director, Mr Wright progressed to [...]

June 23, 2011 | 0 Comments More

RSA makes Canadian travel insurance acquisition

RSA has acquired the insurance assets of Expert Travel Financial Services Incorporated, a Canandian distributor of travel insurance with over three million policyholders travelling worldwide. The transaction involves gross assets valued at around £3 million, including trademarks and access to distribution, but excludes the Quebec-based firm’s Global Excel Management claims and assistance subsidiary. RSA has [...]

June 15, 2011 | 0 Comments More

RSA and WWF set out renewable energy agenda

A new report from RSA and environmental organisation, WWF, sets out the case for a renewable energy strategy that will meet 100% of the world’s energy needs by 2050. Acknowledging the challenges of broader adoption of renewable energy, the insurer and its partner are demanding: greater access to project capital; government incentives and lasting financial [...]

June 7, 2011 | 0 Comments More

RSA appoints UK commercial lines MD

RSA has appointed Jon Hancock as managing director, UK commercial lines. Reporting to the group’s UK chief executive, Adrian Brown, he replaces Paul Donaldson who has moved to become group broker relationship and sales director. Mr Hancock has been with RSA for 21 years and rejoins its UK operations from its business in Asia and [...]

May 17, 2011 | 0 Comments More

RSA appoints broker and sales director

Leading global insurer RSA has announced the appointment of Paul Donaldson to the post of group broker relationship and sales director. He brings 35 tears of experience in the insurance sector to his new position, having first joined RSA in 1976, and most recently served as managing director, Commercial, within the UK business. In his [...]

May 16, 2011 | 0 Comments More

RSA reports 8% Q1 rise in NWP

In the first quarter of 2011, RSA achieved an 8% year-on-year increase in net written premiums, to £2.1 billion. Growth was driven by 4% rate and 5% from deals and acquisitions, offset by a 1% reduction in volumes. The group says it saw strong performances in Canada and Ireland (supported by prior year acquisitions) and [...]

May 12, 2011 | 0 Comments More

RSA launches commercial combined offering

RSA has launched a new commercial combined select product that provides a wide range of covers as standard, plus add-ons at no extra cost. Responding to broker feedback, the policy has been designed with clear eligibility criteria and will suit a range of trades including metal workers, plastics manufacturers, wood product manufacturers, wholesale and warehousing, [...]

May 10, 2011 | 0 Comments More