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Channel Syndicate 2015 (Channel) at Lloyd’s has appointed John Taylor as head of international binders, expanding its binder offering. 15 August 2016
Insurance
ArgoGlobal, a Lloyd’s insurer and member of global underwriter of specialty re/insurance products Argo Group, has acquired the renewal rights for Allied World’s marine hull business in Asia. 15 August 2016
Insurance
Specialty insurer Beazley has appointed former Chaucer CEO Robert Stuchbery as non-executive director and member of the audit and risk committee. 12 August 2016
Insurance
Law firm Kennedys is to merge with marine and shipping law firm Waltons and Morse. The deal will create a £150 million business. The acquisition will come into effect on November 1, 2016. 12 August 2016
Insurance
The Insurance Act 2015, which comes into force today (Friday August 12), represents the biggest change to insurance law in over a 100 years and it will affect every business insurance policy placed, renewed or amended after today, according to The British Insurance Brokers’ Association (BIBA). 11 August 2016
Insurance
More than 90 percent of risk managers and insurance buyers welcome the introduction of the Insurance Act 2015, which comes into force today (Friday August 12), according to a survey by Airmic, the association that represents corporate risk managers and insurance buyers. 11 August 2016
Insurance
Modernising the London Market is essential if it is to compete with other re/insurance hubs and competitors in the world. But resistance from the front office, where brokers and underwriters may be reluctant to change their behaviour, could threaten the plan’s success. Intelligent Insurer reports. 11 August 2016
Insurance
Legal & General (L&G), a provider of insurance, savings and investment management products, is selling investment platform Cofunds to Aegon for £140 million, subject to regulatory approval. 11 August 2016
Insurance
Ironshore’s Pembroke Managing Agency has introduced its ‘Specie Consortium’, a venture supported by 21 Lloyd’s syndicates which offers up to $635 million in capacity for any one risk. 11 August 2016
Insurance
Chaucer, an insurance group underwriting at Lloyd’s, has expanded it accident/health capabilities with the appointment of Mike Bridgeman and Amelia Fenton to join the team as underwriters in London. 10 August 2016
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