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MUM opens new division in London
Manchester Underwriting Management (MUM), a broker-only managing general agent, is to enter the international market as a part of the company's plan for expansion and will report to chief executive Charles Manchester.
Intermediaries > Brokerage > News
Intermediaries > Brokerage > News
NIB picks Vitech software for social security administration
The National Insurance Board of the Commonwealth of The Bahamas (NIB) has chosen Vitech Systems' software as its new social security administration solution.
Technology > Technology in Insurance > News
Technology > Technology in Insurance > News
Fairfax to acquire 77% interest in Thomas Cook India
Fairfax Financial Holdings has entered into an agreement with UK’s Thomas Cook (TC) Group to acquire 77% interest in Thomas Cook (India) for Rs50 per share totalling to nearly Rs8.17bn ($150m).
General Insurance > Commercial lines > News
General Insurance > Commercial lines > News
Aon appoints new Group President
Aon has appointed Steve McGill as group president to oversee development and execution of the firm’s overall growth strategy with primary focus on its risk businesses namely, Aon Risk Solutions and Aon Benfield.
Reinsurance > News
Reinsurance > News
L&T proposes health insurance JV with Swiss Re
Larsen & Toubro (L&T) may enter into a strategic alliance with Zurich-headquartered Swiss Re to set up a health insurance joint venture (JV) in India.
News
News
Chaucer introduces new marine insurance product
Chaucer Syndicate 1084 has introduced a new marine product intended for vessel owners and operators in the offshore renewable energy sector.
General Insurance > Commercial lines > News
General Insurance > Commercial lines > News
AXIS Capital hires new chief financial officer
Bermuda-based specialty lines insurance and treaty reinsurance provider AXIS Capital Holdings has appointed Joseph Henry as its new chief financial officer, effective from 18 June 2012.
Reinsurance > News
Reinsurance > News
Informatica provides new tools for insurance IT organizations
Informatica Corporation has unveiled enterprise-class XML mapping (XMap) and HParser Capabilities to assist insurance organizations to represent opportunities and challenges around ACORD insurance standards and manage big data effectively.
Technology > Technology in Insurance > News
Technology > Technology in Insurance > News
CCI approves Nippon Life's bid to takeover stakes in R-Cap
The Competition Commission of India (CCI) has approved Japanese underwriter Nippon Life's bid to acquire 26% stake in Reliance Capital's mutual fund arm RCAML.
News
News
Coface names new chairman of the board of directors
Coface has appointed Laurent Mignon as Chairman of the Board of Directors of the company following the end of François David's mandate.
Intermediaries > Brokerage > News
Intermediaries > Brokerage > News
MSI to open new office in Ireland
MSI Management UK and Ireland, a member of Japan-based MS&AD Insurance, is planning to open a new office in Dublin.
General Insurance > Commercial lines > News
General Insurance > Commercial lines > News
Allianz Life names new assistant vice president for senior counsel
Allianz Life Insurance Company of North America, a part of Allianz group has announced promotion as Charles Wikelius as assistant vice president of senior counsel.
Intermediaries > Brokerage > News
Intermediaries > Brokerage > News
Brown & Brown acquires asset of Insurcorp
Brown & Brown Insurance, a subsidiary of Brown & Brown has acquired certain assets of Insurcorp and Maalouf Benefit Resources, which has been integrated under the name "Insurcorp."
Life Insurance & Pensions > News
Life Insurance & Pensions > News
CNinsure announces changes to Board of Directors
CNinsure’s board has appointed Yunxiang Tang as independent director of the Board following the resignation and end of his tenure from the Board.
Intermediaries > Brokerage > News
Intermediaries > Brokerage > News
GEICO launches new mobile application
Government Employees Insurance Company (GEICO) has launched a new mobile web application called GEICO Mobile Cycle to help customers purchase a policy from their smartphones.
Technology > Technology in Insurance > News
Technology > Technology in Insurance > News