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  • Over 60 percent of UK businesses do not have the necessary business continuity management (BCM) plans to protect them in the event of a disaster, according to a survey conducted by Marsh.
  • GCFac, the facultative arm of reinsurance broker Guy Carpenter, has bolstered its ranks with the launch of a structured risk team headed by former Jardine Lloyd Thompson (JLT) broker John Lobek.
  • The summer floods could cost the insurance industry more than £3bn ($6bn), warned Fitch Ratings this morning.
  • The pace of growth at medium-sized brokerages on both sides of the Atlantic last year far outstripped that of the industry’s big names. And the trend is likely to accelerate in 2005, with the “Spitzer Effect” expected to play an increasing role.
  • Keogh promoted to vice chairman at Ace...
  • It has become customary to add to the woes of syndicate members by declaring losses not only when an account is due to close after 36 months; but also at quarterly intervals at any point in the normal three-year life of an account, or thereafter during th
  • Big four accountancy firm PricewaterhouseCoopers (PwC) has appointed David Law to head up its offerings to insurers across the globe.
  • Lloyd’s announced Friday (16 July) that all slips placed under binding authority agreements will have to meet London Market Principles (LMP) standards from the start of 2005.
  • Stirling Cooke Brown's path towards redemption has taken a further step with the announcement of a re-branding exercise and the appointment of Tony McCallum as the new managing director of the Company's London operations. As a result of the re-branding SC
  • Lloyd’s insurer SVB Group is close to launching a new FSA authorized insurance company and change its trading name to Novae as it makes a break from its troubled past, Insider Week understands. The UK quoted insurer – which has battled for five years..