Pioneer strengthens property cat team with BMS hireManaging general agent Pioneer has has hired James Sharpington from broking house BMS.
Capsicum takes Tysers trio to launch professional liability unitBroking house Capsicum has taken a three-strong professional liability team from London wholesaler Tysers.
Liberty takes two ex-AIG underwriters to bolster its liability teamLiberty Specialty Markets has created a pair of new underwriting roles in its liability team, which it has filled with two hires from AIG.
Miller taps Curtin to lead energy constructionMiller has taken advantage of the swathe of redundancies at Marsh by hiring its larger rival’s former head of energy construction business Ian Curtin.
Tokio Marine HCC restructures leadership teamTokio Marine HCC has made a number of changes to the management team of its specialty operations globally.
Lockton adds Horwell to financial institutions teamLockton has expanded its financial institutions team with the appointment of Brian Horwell.
Insurance industry playing catch-up to cover corporate risksCarriers remain behind the curve when it comes to developing products that buyers want, according to Adriano Bastiani, head of casualty facultative at Munich Re.
Lloyd’s launches online tool matching coverholders to capacityLloyd’s has launched a new online platform that will link coverholders to syndicate underwriters as it signals a move toward an online portal to bind risks.
Endeavour taps Howden's international director as CEOEndeavour has hired Karen Allen from Howden to take over as CEO of the broking house as it merges with marine broker SSL.
Reed retires as Scor restructures London operationsDavid Reed is set to retire as CEO of Scor’s Lloyd’s business amid a reshuffle that will see both Channel Syndicate and the reinsurance giant’s other UK operations brought under one roof.
Markel taps Hamilton for finance directorMarkel has hired Simon Barrett to take over as finance director for its international operations, which include its Lloyd’s Syndicate 3000.
Gienal to replace Blanc at the helm of Axa in the UK and IrelandAxa has appointed Claudio Gienal to take over as chief executive of UK and Ireland.
Marsh puts circa 60 staff on notice in latest round of job cutsMarsh is telling around 60 London and international staff that they will be losing their jobs in another round of redundancies at the broking powerhouse, re-Insurance.com can reveal.
Price Forbes bolsters power team with trio of hiresWholesaler Price Forbes has grown its power, utilities and nuclear team with a trio of hires including former Marsh managing director Simon Howell, re-Insurance.com understands.
Older generation hampering market modernisationModernisation initiatives taking place across the market are being held back by senior practitioners who are unwilling to collaborate with rivals, Charles Taylor’s underwriter for Europe Ben Burkard has said.
Senior Marsh execs Batchelor and Cooke set to departMarsh’s vice chairman David Batchelor is set to step down at the end of the year, shortly before the broker’s vice chairman of global placement Jeremy Cooke, re-Insurance.com understands.
Marine insurers must adapt to the new normal: BealeThe out-going CEO of Lloyd’s Inga Beale has told marine insurers to adapt to the “new normal” of low prices and increased loss ratios in order to become sustainable again.
Madison Dearborn continues broker buying spreePrivate equity house and part-owner of the UK’s Ardonagh group Madison Dearborn Partners (MDP) has splashed out on brokers on either side of the Atlantic.
UK insurance sector backs inclusive behaviours pledgeCarriers, intermediaries and industry bodies have joined forces to launch an industry-wide pledge, which aims to make the insurance market a more inclusive work environment.
Acappella latest to close marine cargo bookPembroke-owned Acappella has become the latest Lloyd’s syndicate to pull back from marine after jettisoning its cargo book, re-Insurance.com can reveal.