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Randall & Quilter Buys Bermuda-Based Segregated Accounts Captive Company
Randall & Quilter Investment Holdings Ltd. has acquired Agency Program Insurance Co. (SAC) Ltd., a Bermuda-based segregated accounts captive company with 28 cells. London-based Randall & Quilter (R&Q) is paying $1.4 million in cash from existing resources to acquire APIC, …
Neon Names Dougall as Head of Casualty in Newly Created Role
Neon, the specialist Lloyd’s insurer, has appointed Andrew Dougall to the newly created role of executive underwriter, head of Casualty. Dougall joins Neon today, reporting to chief underwriting officer, Darren Lednor. Dougall will focus on enhancing Neon’s broker distribution and …
Tokio Marine Kiln Launches Online Broker Platform
Tokio Marine Kiln (TMK) has launched “One TMK,” a digital exchange for brokers to quote and bind policies on-line in real time. The web-based platform has been developed to help brokers lower their transactional costs and significantly speed up the …
UK Auto Insurance Policyholders Embrace Telematics to Get Lower Premiums
Demonstrating a growing intolerance of mobile phone use at the wheel, a survey of 1314* motor insurance policyholders in the UK found that consumers want to be rewarded with lower premiums for not using their smartphones while driving. The avoidance …
Sompo Canopius Names Banez as Head of US Financial & Professional Lines
Sompo Canopius AG announces has hired Laurie Banez as head of U.S. financial and professional lines. Banez is based in the New York office and reports to Stephen Hartwig, group head of casualty. She joins from Argo Pro with nearly 30 …
What Keeps D&Os Awake at Night? Coverage Concerns Rise Up the List
There are lots of emerging liability risks that may be keeping corporate directors and officers awake at night, which is why their D&O insurance protection is rising up their list of concerns. “The worry of whether or not a D&O …
Research Shows Dangers of Using Hands-Free Cell Phones While Driving
Driving while talking on a hands-free phone can be as distracting as talking on a hand-held mobile, according to researchers at the University of Sussex in England. “A popular misconception is that using a mobile phone while driving is safe …
Chubb Enhances Cover for Tech Companies in UK and Ireland
Chubb announced that has enhanced MasterPackage for Technology Companies, its comprehensive single contract insurance solution for technology businesses in the UK, as it continues to expand its offering in this key sector of the economy. Masterpackage for Technology Companies provides …
Alliant Names Peters Executive Vice President in Maryland
Alliant Insurance Services Inc. has named Barry Peters executive vice president with the company’s Alliant Americas division. Peters will be based in the Bethesda, MD office of Alliant. He will design and deploy insurance and risk management solutions to clients and …
MetaBank Taps Cunningham and Koenig for AFS/IBEX in Texas
MetaBank has named Susan Cunningham senior vice president of sales for its premium finance division, AFS/IBEX. She will operate out of the Dallas and lead sales and marketing in Texas and adjoining states. Cunningham has more than 30 years of …