Latest London Headlines
All the headlines from our London Topic Page, ordered by recency.
Hooper Named CEO of UK’s Cooper Gay & Co.
Jun 22 2011 // Cooper Gay Swett & Crawford Ltd (CGSC) announced the appointment of Shaun Hooper as CEO of Cooper Gay & Co Ltd, the Group’s Lloyd’s and London market broker. He has been serving as interim CEO of the...
Zurich to Transfer London Run-Off Business to Swiss Re
Jun 15 2011 // Zurich Financial Services Group announced that one of Zurich’s non-core subsidiaries in the UK, Zurich Specialties London Ltd, will transfer its run off insurance business to Swiss Re at book value. Zurich said the...
AEGIS London Approves $1 Million in Premium Credits for Members
Jun 14 2011 // AEGIS London, the UK- based subsidiary of mutual insurer AEGIS (Associated Electric & Gas Insurance Services Limited) has announced the approval of $1 million in premium credits which will be returned to members...
IMS/London American Adds Travis as Senior Commercial Underwriter
Jun 13 2011 // IMS/London American announced that Jody L. Travis has joined the firm as a senior commercial underwriter. Travis has more than 20 years of insurance experience in the Houston area marketplace. Most recently he was the...
Cooper Gay Hires Directors for Latin American Downstream Energy
Jun 10 2011 // UK-based Cooper Gay has hired two divisional directors to its London downstream energy team, with the intention of driving international growth in the sector. Neil Jurd joins from Alesco Risk Management Services where he...
Business Moves
Jun 6 2011 // Acentria, Jim Harris Destin, Florida-based insurance agency Acentria has acquired Jim Harris & Associates, Inc., with offices in Mary Esther and Crestview. The office in Mary Esther will remain open until August and...
Catlin Stokes Broker Compensation Controversy
Jun 6 2011 // The simmering compensation conflict between London’s broker community and the underwriters they work with erupted following a keynote speech given by the Catlin Group’s chief executive Stephen Catlin at a...
Ironshore Europe Expands, Opens Office in London
Jun 1 2011 // Ironshore Europe Limited, domiciled in Dubin, Ireland, has received approval from the Central Bank of Ireland, to open a branch office in London. Paul Betts, has been named the London Branch Manager and will lead the...
White Mountains’ Sirius to Launch Lloyd’s Syndicate
May 23 2011 // White Mountains Re Ltd. reports that its Sirius International Insurance Corp. affiliate has received approval in principle from the Lloyd’s Franchise Board to establish Lloyd’s Syndicate 1945. Syndicate 1945...
Catlin Stokes Broker Compensation Controversy
May 20 2011 // The simmering compensation conflict between London’s broker community and the underwriters they work with erupted following a keynote speech given by the Catlin Group’s chief executive Stephen Catlin this week...
UK’s Miller Creates New Specialist Binding Authority Team
May 18 2011 // London-based broker Miller announced that it has created a new international platform for its binding authority business with the formation of a specialist binding authority team. “The team will be based in London...
Aon to Move into New London HQ in 2015
May 16 2011 // Aon announced that it has selected The Leadenhall Building as its future London headquarters. The office tower is currently under construction, directly across Leadenhall Street from Lloyd’s. When completed it will...
A. J. Gallagher Acquires UK Broker Heath Lambert for $158 Million
May 13 2011 // Arthur J. Gallagher & Co. (AJG), has completed the purchase of HLG Holdings Ltd (the Heath Lambert Group), for a net purchase price of £97 million ($158 million). Heath Lambert is headquartered in London and has 16...
How to Find Cyber Insurance for the Uninsurable
May 2 2011 // The University of California (UC) has redefined the rules of cyber liability insurance, using an approach that the university’s Chief Risk Officer Grace Crickette calls “reverse underwriting.”...
Tosti Appointed CEO of Willis Facultative London
Apr 28 2011 // Willis Group Holdings announced that, effective immediately, Gianmarco Tosti has been appointed CEO, Willis Facultative London, a newly created post. He will lead a team of 50 Associates responsible for the placement of...
Ratings: Wilton Re, London General, Cattolica, Arab Re
Apr 22 2011 // A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A’ (Excellent) from ‘A- ‘(Excellent) and issuer credit ratings (ICR) to “a” from “a-” for Wilton...
Lockton Launches ‘Enterprise Disruption Contingency’ Insurance
Apr 22 2011 // Lockton has announced the launch of a package of risk management solutions called “Enterprise Disruption Contingency Insurance designed to help companies cope with previously ‘uninsurable’...
Lockton Launches Risk Management Tool to Address Uninsurable Risks
Apr 19 2011 // Lockton is launching a package of risk management solutions called Enterprise Disruption Contingency Insurance designed to help companies cope with previously “uninsurable” risks. Lockton’s Enterprise...
Genden Appointed CEO of Travelers Europe
Apr 18 2011 // The Travelers Companies announced that Sean Genden has been named CEO of Travelers Europe, charged with supporting its “strategic and growth initiatives in the European property and casualty market.” He...
How to Find Cyber Insurance for the Uninsurable
Apr 4 2011 // The University of California (UC) has redefined the rules of cyber liability insurance, using an approach that the University’s Chief Risk Officer Grace Crickette calls “reverse underwriting.”...
