UK and Ireland market News

UK Insurer Aviva Builds Private Client Business With Azur Acquisition

UK Insurer Aviva has agreed to sign a binding agreement with the specialist managing general agent Azur Underwriting Ltd., to acquire its high-net-worth personal lines business in the UK and Ireland. Financial details of the transaction, which will be funded …

SiriusPoint Appoints Reinsurance Exec Heerasing; HDI Promotes Ogden as Director of Underwriting/Distribution; Besso Builds Property/Specialty Team With Hires From Tysers

This edition of International People Moves details appointments at re/insurer SiriusPoint, insurer HDI Global, and Lloyd’s broker Besso. A summary of these new hires follows here. SiriusPoint Appoints Top Reinsurance Executive Heerasing SiriusPoint Ltd., a Bermuda-based specialty insurer and reinsurer, …

People Moves: Carpenter Hires AXA XL’s Gressier; Aon’s Bisset to Lockton Re’s Global Retro Unit; BHSI Canada Promotes Knight

This wrap-up of international People Moves details recent appointments at reinsurance brokers Guy Carpenter & Co. and Lockton Re and insurer Berkshire Hathaway Specialty Insurance (BHSI). A summary of these new hires follows here. Guy Carpenter & Co., the reinsurance …

Insurance Broker Aston Lark Ireland Buys McMahon Galvin Ltd. in Dublin

Aston Lark Ireland, the Dublin-based insurance broker, continues its growth acceleration by announcing the acquisition of McMahon Galvin Ltd. Financial terms of the deal were not disclosed. Based in Dublin, McMahon Galvin was founded in 1970 and has built a …

Marsh Launches UK & Ireland Sharing Economy & Mobility (SE&M) Industry Group

Marsh, the insurance broker and risk adviser, has launched a dedicated Sharing Economy & Mobility (SE&M) industry group in the UK & Ireland. Led by Sam Tiltman, the group brings together over 25 sector specialists encompassing insurance placement and risk …

Chubb Launches Enhanced MasterPackage Solution for Life Science Companies in UK

Chubb announced the launch of its enhanced MasterPackage for Life Science Companies product in the UK. This is a comprehensive first and third-party policy designed for companies which develop or provide life science products, solutions or services. The product is …

AGCS Names Generali’s Baker as Regional Head of Liability for London, Nordics Unit

Allianz Global Corporate & Specialty (AGCS) announced the appointment of Luke Baker as the new regional head of Liability for Regional Unit London and Nordics. He will join AGCS, Allianz’s entity for large-scale corporate and specialty risks, early in 2021. …

Chubb Names Forman from Swiss Re as Casualty Manager for UK and Ireland

Chubb announced the appointment ofAlex Forman as casualty manager for the United Kingdom and Ireland (UK&I). In this role, Forman will be responsible for the profitability and growth of Chubb’s UK&I casualty portfolio with product line oversight of all casualty …

Travelers Europe Enhances CyberRisk Product for UK and Ireland

Travelers Europe announced it has enhanced its cyber insurance product, Travelers CyberRisk, to provide more coverages and risk management solutions to strengthen customers’ overall cyber-security programs. The product is available to organizations of all sizes in the United Kingdom and …

BHSI Expands Cover for UK Financial Institutions with D&O and Civil Liability Policies

Berkshire Hathaway Specialty Insurance (BHSI) has introduced two new policies tailored specifically for UK financial institutions: Professional First Financial Institutions Civil Liability Insurance, and Executive First Financial Institutions D&O Liability Insurance. “Both policies clearly articulate broad coverage for liability exposures …