Daily Insurance Industry News
 
 
Daily Insurance Industry News
Wednesday 22nd of March 2017
April 4, 2012

RSA appoints country manager for France

by Richard Kilner

Story link: RSA appoints country manager for France

Global insurer RSA (Royal Sun Alliance) has announced that it has appointed Didier Arminjon as the firm’s new country manager for France. In his new position Arminjon will take on responsibility for leading a team of 80, offering large and multi-national businesses domiciled in France tailored and risk management solutions. He will be directly responsible […]



March 26, 2012

RSA warns drivers of twilight zone danger

by Richard Kilner

Story link: RSA warns drivers of twilight zone danger

Global insurer RSA has advised motorists that taking extra care as British Summer Time commences is wise, as figures reveal a spike in collisions during twilight after the clocks change. RSA UK & Western Europe Chief Executive Adrian Brown said that regular eye tests were as important as an MOT when it comes to driving […]



March 23, 2012

RSA appoints UK and Western Europe HR director

by Richard Kilner

Story link: RSA appoints UK and Western Europe HR director

Global insurer RSA has announced the appointment of Karen Myers as the firm’s new Human Resources director for the UK and Western Europe. In her new role Myers will assume responsibility for HR functions within the region, and will report directly to Chief Executive UK and Western Europe Adrian Brown. Myers, who also becomes a […]



February 23, 2012

RSA reports rising 2011 profits

by Richard Kilner

Story link: RSA reports rising 2011 profits

RSA has reported its financial results for 2011, including pre-tax profits of £613m, a 29% rise. Profits after tax rose by 20%, up from £355m in 2010 to £427m in 2011. Annual operating profits rose by 38% to £884m, and the firm also saw net written premiums up by 9% to £8.1bn. RSA also reported […]



February 16, 2012

RSA reveals £9.8bn cost of yob culture

by Richard Kilner

Story link: RSA reveals £9.8bn cost of yob culture

Commercial insurer RSA has published new research that reveals that yob culture cost British businesses £9.8bn in 2011. Even more worryingly, the projected cost of yob culture for UK firms in 2012 is a third again higher than the 2011 figure. The average cost of yobbish behaviour, which afflicted one in five British businesses last […]



December 15, 2011

RSA appoints UK head of Litigation

by Richard Kilner

Story link: 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 5, 2011

RSA appoints GSL director

by Richard Kilner

Story link: 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 […]



November 21, 2011

RSA CFO resigns to join Lloyds

by Richard Kilner

Story link: 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 11, 2011

RSA announces executive team changes

by Richard Kilner

Story link: 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 4, 2011

RSA appoints North East regional manager

by Richard Kilner

Story link: 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 […]



October 20, 2011

RSA hires group e-business director

by Richard Kilner

Story link: 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 10, 2011

RSA appoints Barbour to the board

by Richard Kilner

Story link: 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 3, 2011

RSA establishes new GSL division

by Richard Kilner

Story link: 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 […]



September 18, 2011

RSA accused of inflating repair costs

by Gill Montia

Story link: 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 13, 2011

RSA appoints Streppel to the board

by Richard Kilner

Story link: 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 […]



August 4, 2011

RSA H1 profit up 25%

by Gill Montia

Story link: 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: […]



RSA chief announces departure

by Gill Montia

Story link: 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 […]



July 6, 2011

RSA appoints Brown executive director

by Richard Kilner

Story link: 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 […]



June 23, 2011

RSA appoints UK Customer and Brilliant Service Director

by Gill Montia

Story link: 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 15, 2011

RSA makes Canadian travel insurance acquisition

by Gill Montia

Story link: 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 […]