Commercial combined
Snowball heralds recovery as Suncorp profits increase A$432m in 2010
Australian financial services group Suncorp has recorded a net profit after tax of A$780m for the full year to 30 June 2010, (2009: A$348m).
Groupama unveils senior claims team
Groupama Insurances has confirmed the line up for its new claims management team, reporting to claims director Phil Bird.
Brit appoints Ray Cox as UK CEO
Brit Insurance has confirmed Ray Cox will succeed Peter Burrows as the chief executive officer of its UK Strategic Business Unit.
Allianz UK COR remains steady at 95.3% as profits drop for H1 2010
Allianz has recorded a reduced profit before tax of £78.4m (H1 2009: £88.3m) for H1 2010, as the insurer’s combined operating ratio deteriorated slightly to 95.3% (H1 2009: 94.9%).
Willis appoints new MD to global placement unit
Willis Group Holdings has appointed former Marsh broker Alastair Burns as managing director of its Insurance Facilities Practice.
Ace appoints new MD for Middle East and North Africa
Ace European Group has appointed Steve Dixon as regional managing director, ACE Middle East and North Africa.
Axa goes live with commercial combined product on Acturis
Following a successful pilot, Axa is releasing its commercial combined e-trade product to all brokers on the Acturis platform on an open market basis.
Brokerbility member acquires South West broker
Marsh and Co, a member of the Brokerbility Group, has acquired Regency Commercial Insurance Brokers in Weston-super-Mare.
MSL unveils new legal expenses policy
The firm has launched a new legal expenses policy for businesses, which provides up to £50,000 financial protection for legal costs per claim.
Oxygen Corporate Risks confirms new Leeds boss
Oxygen Insurance Brokers, a subsidiary of Oxygen Holdings, has appointed Simon Rowlands to head up its Leeds office.
Underwriting Service Awards 2010 - rewarding insurance underwriting excellence
Post has launched the all new Underwriting Service Awards, designed to identify, reward and shine a light on the highest performing insurance industry underwriters across a number of different insurance specialisms. The winners will be announced at a…
Sterling in broker survey boost
Sterling Insurance has welcomed positive feedback from brokers on its claims service and Executive Business product, as the insurer published results from its annual online broker survey.
Amtrust Europe makes business development appointment
Amtrust Europe has appointed John Harrop as business development manager at its Nottingham office.
Former SSP development manager joins Open GI
Andy Beardshaw, former development manager at SSP, has joined Open GI to manage the company’s Open Trader team.
Heath Lambert links up with global Pay TV firm
Heath Lambert has signed a deal to handle the general insurance business of Pace, the world’s largest supplier of set top boxes to the Pay TV industry.
Chubb confirms £41.5m Lloyd’s syndicate
Chubb has confirmed it has received approval from the Lloyd’s Franchise Board to establish a new Syndicate which will be named Chubb 1882.
Willis Risk Solutions adds to senior team
Willis has confirmed George Haitsch has been appointed as practice leader for Willis Risk Solutions, the business unit that serves the broker’s large, complex corporate clients in North America.
MMA to open three new commercial branches
Broker-only insurer MMA is set to open new offices in Newcastle and Chelmsford in April; and Bristol in May.
MMA to open three new branches as others downsize
MMA has outlined "phase two" of its commercial roll out with the establishment of three new regional trading centres.
MMA partners with Risk Stop for SME offering
Link-up to provide risk management for MMA policyholders
Towergate deputy CEO hire raises speculation
Amanda Blanc has emerged as a likely successor to Towergate Partnership chief executive Andy Homer after being appointed as his deputy.