Insurer AIG has hired Patrick Cloughley as senior business development manager in the private client group.
Capita Insurance Services has concluded a transaction to finance the development of Infinity Agency, a managing general agent (MGA) that specialises in high net worth motor insurance, by taking a minority equity stake in it.
XL has nominated Anne Stevens to join its Board of Directors.
Swiss Re Corporate Solutions will acquire a 51 percent stake in Columbia’s Compañía Aseguradora de Fianzas SA Confianza (Confianza), a provider of surety insurance products, third-party liability and all-risk construction insurance solutions.
Guy Carpenter’s new satellite-based catastrophe evaluation service will allow insurers to map the extent of flooding in the UK.
The Managing General Agents' Association (MGAA) has elected Darren Doherty of Pioneer, Jeff Turner of Miramar and Catherine Bell of inet3 to its board. They join existing directors Charles Earle of Arista, James Gerry of GB Underwriting and Nicholas Hales of R&Q who were all re-elected.
Kevin Hancock and Andrew Gibbons have been appointed as chairman and deputy chairman respectively, of the British Insurance Brokers’ Association’s (BIBA) new Smaller Brokers' Advisory Board.
QBE Insurance Group has appointed a new non-executive director. Sir Brian Pomeroy, who is currently the non-executive chairman of QBE Insurance (Europe) and QBE Underwriting, starts the role from June 2014.
Howden Broking Group, part of Hyperion Insurance Group, has launched a new Rotterdam-based marine insurance operation.
Sapiens International, a global provider of software solutions for the financial services industry, has hired insurance industry veteran Gary Sherne as executive vice president and managing director of its P&C/general insurance & reinsurance division.