RSA merges global and UK commercial units, with Buckle to stand down

RSA merges global and UK commercial units, with Buckle to stand down

RSA merges global and UK commercial units, with Buckle to stand down

RSA has merged its commercial risk solutions (CRS) and global risk solutions (GRS) businesses in a move that will see the former’s managing director, Tony Buckle, leave the company. The new company focused on corporate risk will be called RSA Commercial Lines. RSA said its creation was driven by changes to its UK business during the past year, including pulling…

UK discrimination and pay gap laws should include class, says trade body

UK discrimination and pay gap laws should include class, says trade body

UK discrimination and pay gap laws should include class, says trade body

UK trade union body the TUC is calling for new laws to end class discrimination in the workplace and force companies to report on class pay gaps. It said class prejudice should be treated under the same discrimination laws as race, sex and disability, calling on the government to take action. At the same time, the TUC said businesses should…

Gallagher appoints broadcaster Jill Douglas to expand sports portfolio

Gallagher appoints broadcaster Jill Douglas to expand sports portfolio

Gallagher appoints broadcaster Jill Douglas to expand sports portfolio

Gallagher has appointed sports broadcaster Jill Douglas to its UK operations as a business development consultant, as part of plans to expand in the sport, media and entertainment market. Ms Douglas started working for the Lloyd’s market in 2014, after fronting rugby and cycling coverage for the BBC, ITV and BT Sport. At Gallagher she will work with established teams…

Jelf renamed Marsh Commercial with new structure and leadership team

Jelf renamed Marsh Commercial with new structure and leadership team

Jelf renamed Marsh Commercial with new structure and leadership team

Marsh will rename its UK SME Jelf business Marsh Commercial in the first quarter of next year, putting in a new leadership team and “streamlined” organisational structure. Marsh said the change will enable customers to access a wider range of solutions. Marsh Commercial will serve clients though a new three-region structure – north of England, south of England and Wales,…

Two fifths of UK firms yet to carry out Brexit risk assessment, finds BCC survey

Two fifths of UK firms yet to carry out Brexit risk assessment, finds BCC survey

Two fifths of UK firms yet to carry out Brexit risk assessment, finds BCC survey

A survey by the British Chambers of Commerce (BCC) finds that two fifths of UK companies polled have still not carried out a Brexit risk assessment and that a “concerningly” high number are therefore clearly not ready for a no-deal Brexit. The online survey polled more than 1,500 business leaders in July, with 94% of participants from SMEs. While only…

Tysers buys RFIB parent company RTG

Tysers buys RFIB parent company RTG

Tysers buys RFIB parent company RTG

Lloyd’s broker Tysers has acquired Risk Transfer Group (RTG), the parent company of wholesale specialty broker RFIB Group, for an undisclosed fee. Following the deal, Steven Beard will continue as CEO of RTG and will report to Andy Behrends, CEO of Integro Insurance Brokers, which trades as Tysers. The combined wholesale brokerage team will be led by Tysers co-heads of…

Nephila gets regulatory approval to set up Lloyd’s managing agency

Nephila gets regulatory approval to set up Lloyd’s managing agency

Nephila gets regulatory approval to set up Lloyd’s managing agency

Specialist insurance-linked securities (ILS) (re)insurer Nephila Capital has received regulatory approval to establish its own Lloyd’s managing agency. Nephila Syndicate Management Ltd (NSML) will launch on 11 October 2019. Third-party agent Asta has been managing Nephila’s Syndicate 2357 since its creation in 2013. It was the first ILS-backed syndicate at that time and has grown significantly, with a £400m stamp…

Experts say buyers will enjoy contract and claims certainty post-Brexit

Experts say buyers will enjoy contract and claims certainty post-Brexit

Experts say buyers will enjoy contract and claims certainty post-Brexit

Experts have told insurance buyers in Germany to expect contract certainty and claims to be paid post-Brexit, as insurers and regulators have stepped up to the plate to solve potential problems. The experts were speaking during a panel debate yesterday at the GVNW Symposium, entitled ‘London’s burning’. It took place as Brexit was thrown further up in the air by…

HDI Global Specialty expands UK exec team

HDI Global Specialty expands UK exec team

HDI Global Specialty expands UK exec team

HDI Global Specialty has added to its UK team with the appointment of Clare Constable as director of claims and Will Morris as director of underwriting for delegated authority. Ms Constable joins HDI Global from Canopius Group, where she worked as head of open market and reinsurance claims. Mr Morris was previously underwriting manager at Nuclear Risk Insurers. He replaces…

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