News
Insurance
Xchanging, a technology firm catering the insurance industry, has agreed a major multi-product contract to provide back-office claims adjusting and administration services to Lloyd’s managing agent, Marketform. 1 June 2016
Insurance
SOBC DARAG, a subsidiary of run-off specialist DARAG UK, has acquired Innovative Physicians Solutions (IPS) risk retention group (RRG), having received regulatory approval in Vermont. 4 July 2019
Insurance
Arthur J Gallagher (AJG), the international division of Arthur J Gallagher & Co, has appointed Sue Langley as non-executive chairman of the AJG Holdings UK board. 2 September 2015
Insurance
Spanish insurer Mapfre has signed a deal to invest €82 million to create a company with Santander Spain to distribute automobile, self-employed and company insurance. 1 July 2019
Insurance
Insurance services and investment company Randall & Quilter Investment Holdings (R&Q) is to acquire the entire issued share capital of Bermuda-based Sandell Holdings and its subsidiary Sandell Re (SRL) for an initial cash consideration of $25 million with further amounts payable subject to certain conditions being met. 1 July 2019
Insurance
Re/insurance broker Jardine Lloyd Thompson Group (JLT) posted an underlying profit before tax of £170.1 million in 2015, down 7 percent on 2014, which it said was a reflection of big investments it has made growing its fledgling business in the US. 1 March 2016
News
As Hiscox moves its reinsurance operations under a single banner – Hiscox Re – the company continues to realise the value of both a Bermuda and Lloyd’s platform, its CEO says. 10 September 2013
Insurance
London-based commercial property MGA, European Property Underwriting (EPUL), has launched a flexible UK and Northern Ireland terrorism solution offering cost-effective cover as an alternative to Pool Re. 11 June 2018
Insurance
Re/insurance brokerage Jardine Lloyd Thompson (JLT) plans to build out its specialty business in 2016 in spite of challenging market conditions, it said in its interim management statement for the period from July 1 through to November 7, 2016. 8 November 2016
Insurance
Specialist Lloyd’s insurer Neon has appointed Tom Hulst and Gavin Hunter as non-executive directors of Neon’s Bermuda operations with immediate effect. 12 December 2016
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