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12
Dec
2018
Gallagher Bassett acquires Property Claims Management Services Limited
Posted on 12th December 2018  by Mazin Shammas  and has No comment

Gallagher Bassett (GB) has boosted its size and offering in the United Kingdom by acquiring Property Claims Management Services Limited (PCMS). With origins dating back to 1991, the Tamworth, Staffordshire based PCMS business provides property claims management services to insurers and commercial third-party claims administrators through […]

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11
Dec
2018
Ascent to launch Transactional Risk proposition with Alex Smith hire
Posted on 11th December 2018  by Mazin Shammas  and has No comment

Ascent Underwriting (“Ascent”), the cyber and specialty lines MGA, today announces the appointment of Alex Smith as head of transactional risk, effective February 2019. Reporting to chief underwriting officer Gareth Tungatt, Smith will establish a transactional risk business line and build a team as part of […]

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10
Dec
2018
Ed Broking to open new operation in Bermuda
Posted on 10th December 2018  by Gavin Warren  and has No comment

Ed, the global reinsurance, wholesale and specialty broker, today announced that it is to expand its international footprint by setting up a new broking platform in Bermuda to develop business in the important (re)insurance hub. Once approved by the Bermuda Monetary Authority, the operation will be […]

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10
Dec
2018
Andrew Draycott named CEO of Ed Broking
Posted on 10th December 2018  by Gavin Warren  and has No comment

Ed, the global reinsurance, wholesale and specialty broker, today announced the appointment of Andrew Draycott as CEO-designate of Ed Broking in London. His appointment is subject to regulatory approvals and he will take up his role once the acquisition of Ed Broking Group by BGC Partners, […]

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10
Dec
2018
TMK strengthens underwriting in its Singapore team
Posted on 10th December 2018  by Gavin Warren  and has No comment

Tang will be working with the existing property team and will have responsibility for the development of the portfolio across the Asia region. He brings a decade of underwriting experience with him, focused especially on Australia where he has established a strong background in complex property […]

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07
Dec
2018
Gallagher extends footprint in South-West with acquisition of UK regional commercial broker Pavey Group
Posted on 7th December 2018  by Mazin Shammas  and has No comment

Global insurance broker, risk management and consulting firm Gallagher today announces the acquisition of leading South West commercial insurance broker Pavey Group Holdings (UK) Limited (trading as Pavey Group) in the UK. With offices in Torquay, Exeter and Holsworthy in Devon, and Highbridge in Somerset, Pavey […]

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06
Dec
2018
Ed appoints Jo Kendall as Head of Catastrophe & Exposure Management
Posted on 6th December 2018  by Mazin Shammas  and has No comment

Ed, the global reinsurance, wholesale and specialty broker, today announced the appointment of Jo Kendall as Head of Catastrophe & Exposure Management, reporting to the Group Chief Actuary, Jonathan Tilman. Kendall brings 15 years of industry experience to Ed. She joins from Willis Re where she […]

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03
Dec
2018
ArgoGlobal Appoints Paul Lucas as Chief Actuary, International
Posted on 3rd December 2018  by Gavin Warren  and has No comment

ArgoGlobal, the Lloyd’s insurer and member of Argo Group, today announced the appointment of Paul Lucas as chief actuary, international. Lucas takes up his role immediately and will report to Bob Katzman, chief actuary, Argo Group. “We are pleased to welcome Paul to the team. He […]

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29
Nov
2018
LMA launches Gemini to tackle claims expert spend
Posted on 29th November 2018  by Mazin Shammas  and has No comment

Gemini, a claims expert management solution and platform for Lloyd’s carriers, has been launched this week. Developed by the Lloyd’s Market Association (LMA), in partnership with Advent Insurance Management Limited, and driven by claims professionals from the Lloyd’s market, Gemini will enable carriers to understand their […]

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28
Nov
2018
Christopher Andrew’s The Secret World: A History of Intelligence wins the Airey Neave Book Prize
Posted on 28th November 2018  by Mazin Shammas  and has No comment

”Magisterial survey” with mischievous humour recognised in award sponsored by Pool Re, the UK’s terrorism reinsurer The 2018 Airey Neave Book Prize has been awarded to The Secret World: A History of Intelligence, written by Professor Christopher Andrew, by a panel of experts assessing the most […]

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27
Nov
2018
New Nordic Advisors places Qudos Insurance into liquidation; enters into risk transfer deals with DARAG
Posted on 27th November 2018  by Mazin Shammas  and has No comment

New Nordic Advisors (“New Nordic”), the investment management company, today announced that it has placed its wholly-owned insurance subsidiary Qudos Insurance (“Qudos”) into liquidation, effective immediately, following a comprehensive review of the insurance company’s position. New Nordic has entered into a number of retrospective reinsurance treaties […]

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20
Nov
2018
DARAG Guernsey acquires SOBC Services and agrees to acquire four US carriers and a Bermuda-based cell, subject to change of control approval
Posted on 20th November 2018  by Mazin Shammas  and has No comment

Further to the announcement in July regarding the joint venture between DARAG and SOBC, we are delighted to announce that DARAG Guernsey via its wholly owned subsidiary, SOBC DARAG Holdings Ltd has now acquired the entire share capital of SOBC Services. SOBC Services is focused on […]

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15
Nov
2018
Gallagher Bassett appoints Gordon Vater as Business Development Director
Posted on 15th November 2018  by Mazin Shammas  and has No comment

Gallagher Bassett (“GB”) today announced the appointment of Gordon Vater as Business Development Director and a member of the executive board of Gallagher Bassett UK. Gordon joins from RiiG Ltd with immediate effect, responsible for enhancing and delivering claims consultancy, insource and training capabilities to corporate […]

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13
Nov
2018
Pool Re publishes its fourth Terrorism Threat & Mitigation Report and gives details of proposed cover for Non-Damage Business Interruption
Posted on 13th November 2018  by Mazin Shammas  and has No comment

At the City of London launch, the UK police lead for counter terrorism endorses Pool Re’s actions and commitment to build the UK’s economic resilience Pool Re, the UK’s terrorism reinsurance pool, has today published its annual Terrorism Threat & Mitigation Report, which focuses on the […]

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12
Nov
2018
Capsicum Re strengthens London team in PC&C classes
Posted on 12th November 2018  by Mazin Shammas  and has No comment

Capsicum Re, the specialist reinsurance broker, today announces two hires to its London property and specialty division. Ed Le Flufy has joined as a speciality broker, with a focus on cyber, reporting into Ian Newman, global head of cyber. Piers English has joined as a treaty […]

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12
Nov
2018
Canopius hires Rachel Sabbarton to energy team
Posted on 12th November 2018  by Mazin Shammas  and has No comment

Canopius today announces the appointment of Rachel Sabbarton as senior underwriter within the energy team. Rachel joins from Beazley Group, where she was deputy head of energy and will report to Geoff Tin before succeeding him in the role of head of energy in the summer […]

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12
Nov
2018
LMA Finance Committee appoints Mark Allan as chairman
Posted on 12th November 2018  by Mazin Shammas  and has No comment

The Lloyd’s Market Association’s Finance Committee (FinComm), which leads on financial issues and requirements affecting Lloyd’s managing agents and syndicates, has appointed Mark Allan as chairman. Mr Allan, Brit’s Chief Financial Officer, succeeds John Dunn (Liberty) in the role.  Hermien Smeets-Flier, Aegis London’s Chief Financial Officer, […]

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12
Nov
2018
BMS makes senior energy hire
Posted on 12th November 2018  by Mazin Shammas  and has No comment

BMS Group Limited (“BMS”), the independent specialist insurance and reinsurance broker, today announces the hire of Duncan Hayward as a Director in its Energy division. Hayward, who joins in 2019, will lead the casualty initiative within the Energy division. Hayward joins with 14 years’ experience in […]

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08
Nov
2018
Alesco appoints Managing Partner of Energy
Posted on 8th November 2018  by Mazin Shammas  and has No comment

Alesco Risk Management Services (Alesco) — the specialist insurance and risk management broker – today announces the appointment of Jonathan Smith as Managing Partner of Energy. Jonathan will join the Alesco team on Monday 12 November. Bringing 36 years’ experience to Alesco, Jonathan arrives from specialty […]

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08
Nov
2018
Canopius appoints new property treaty underwriter
Posted on 8th November 2018  by Mazin Shammas  and has No comment

Canopius today announces the appointment of Marco Silva as senior underwriter, property treaty reinsurance in London. Marco was most recently senior underwriter for Scor and has held various underwriting positions in his career, located in the UK, Bermuda and Europe. Jamie Wakeling, chief underwriting officer, reinsurance, […]

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