Italian insurance giant Assicurazioni Generali SpA could become Banca Popolare di Milano’s next life insurance partner, Il Messaggero reports Friday, without citing its sources.
Generali and the bank have held preliminary talks about a possible partnership which would see the insurer buying 51% of the bank’s Bipiemme Vita unit, the newspaper says.
Popolare di Milano is expected to hire Rothschild as an adviser to help it find a partner by next Tuesday, it says.
Following the completion of a detailed strategic review, Groupama Insurances has announced proposals to reorganise and re-engineer its UK general insurance claims operations. If confirmed, the plans will bring together personal and commercial lines claims handling into the company’s Personal Lines Claims Centre in Port Solent, near Portsmouth, resulting in the phased closure of its Commercial Lines Claims Centre in Borehamwood. It is currently proposed that the transfer of work to Portsmouth will commence in April 2010.
The proposals will also see the reorganisation of the company’s senior claims management team while a number of highly experienced Technical Claims Controllers will be remaining in Borehamwood to create the foundation for a new Large and Complex Loss Unit. In addition, a new technical team in Portsmouth is proposed to manage indemnity spend while a separate operational team will handle all front-line claims including fast-track personal injury claims.
Phil Bird, Claims Director said:;”The review demonstrated that significant business efficiencies and valuable cost savings might be achieved if day to day commercial claims handling activities are moved to Portsmouth where Groupama already has 200 employees handling motor and household claims. It will certainly offer the greater resilience that comes from managing claims from one centre whilst the multi-skilling of claims handlers and the opportunities for the standardisation of claims processes can deliver valuable improvements in productivity. It is also evident that costs could be reduced significantly if day to day claims operations were to move away from the London area.;”
The Borehamwood Commercial Claims Centre employs just over 40 people and currently manages 40,000 claims for Groupama’s 2,500 commercial brokers and intermediaries. As part of the formal consultation process, relocation and redeployment opportunities will be explored for affected employees to relocate to the South Coast or into the company’s other business centres across the UK.
“Given their valuable skills, experience and expertise, we are very keen to retain as many as possible of the team currently in Borehamwood. However, we do recognise that a move to Portsmouth may not be suitable for everyone and that in the event our proposals are accepted there is likely to be some impact on jobs where individuals are unable or unwilling to relocate. As such, this has not been an easy decision.;”
If the proposals proceed, the careful phasing of any move coupled with the business infrastructure and technology available to Groupama Insurances should avoid any disruption to supporting intermediaries and their clients arising from any change as work is migrated. In particular, Groupama will be working very closely with large scheme supporters to manage their particular requirements and to continue to personalise service as required.
Laurent Matras, Managing Director at Groupama concluded: “The proposal to centralise our day to day claims handling in a single centre offers the best and most robust operational model to service our brokers and their clients and will also offer us many benefits to help support the future development of our business. We value our claims expertise very highly, but Groupama operates in a highly competitive market and must address the critical issues of expense and efficiency to ensure a healthy, successful and sustainable business.
“We do of course, understand the potential impact that these proposals might have on our people in Borehamwood and we will do everything we can to provide the help and support they require throughout the process.;”
With the big thaw expected to hit most of the UK this weekend after weeks of freezing cold temperatures, you could need the following advice on how to prevent damage to their home:
John O’Roarke, managing director of LV= home insurance, said: “With temperatures expected to rise at the weekend, homeowners can take a few simple steps to ensure their home isn’t damaged as the snow and ice thaws out giving way to wet weather. It’s worth giving your home the once over just to check for unexpected damage and don’t forget to check garages and sheds where you might have outside pipes or store liquids that may have frozen, expanded and cracked their containers.”
Property owners with vacant premises in their property portfolios should ensure they have the correct level of legal expenses cover in the event of squatters occupying their premises.
Mike Colmans, underwriting manager for Aviva, said: “It is estimated that there could be as many as 20,000 squatters in the UK*. Although squatting is more prevalent in domestic properties, landlords and commercial property owners with empty buildings are equally at risk.
“It is imperative that adequate measures are put in place to prevent squatters from entering and taking ownership, as it can be notoriously difficult to remove squatters.
“We have seen squatters taking over commercial properties, for example, seasonal businesses occupying empty shop units for periods of time. Landlords obtaining interim possession orders (IPO) from the courts to remove squatters can take time as well as being significantly costly. In addition, by the time an IPO has been issued, squatters might have already moved on.
“Brokers should be warning property owners of this increasing problem as well as suggesting appropriate security measures, if these are not already in place. For example, letterboxes should be sealed to prevent mountains of post building up, which is a clear message to passers-by that a property is empty.
“Perimeter fencing should be erected and overall security should be assessed. Property owners should consider hiring security guards, installing extra lighting and generally improving locks, grilles, CCTV and alarms.
“The more obvious measures must not be overlooked such as making sure that all water, gas and electricity supplies are turned off at the mains and, wherever possible, chaining and padlocking isolation valves.
“Regular checks on a property are mandatory, as in the event of a claim, insurers may not payout if it is felt that appropriate measures have not been implemented to secure and protect an empty property.”
Colmans highlights that, in one particular case, the insured purchased a new site for development as a new outlet but before building work could commence, squatters occupied the site. A court order was obtained to remove the squatters, but when they refused to leave, a Warrant of Possession was obtained and a bailiff had to attend the eviction. The legal bill was in excess of £5,500.
In another case, a property was left vacant and the policyholder refused to implement risk management measures suggested by its risk surveyors. Cover was restricted to fire, lighting, explosion and aircraft perils basis. Squatters entered the property to which they were served with a bailiffs notice and moved out. The premises was re-boarded and new padlocks were used. Several days later, the squatters re-entered the property and it is estimated that the damage caused exceeded £30,000.
Aviva offers additional legal protection cover for property owners with empty properties. Cover is available via brokers and includes legal fees up to the value of £500,000.
*: * www.thesite.org/homelawandmoney/home/tenancyrights/squatting
Following a review of its policy wording and documentation, Groupama Healthcare has been awarded the highly coveted Crystal Mark from Plain English Campaign, and has launched a completely fresh approach to the supporting literature each group member receives.
A guarantee of a document’s clarity, the Crystal Mark accreditation is a clear demonstration of Groupama’s commitment to making its products as accessible and easy to understand as possible.
From February 2010, group scheme members will receive a newly designed Crystal Mark accredited member’s guide which includes a summary of their cover written in plain English. In addition, to bring greater consistency and clarity across all its products, Groupama Healthcare has brought together its separate policy booklets to create one Crystal Marked booklet for group schemes and one for individual products.
Groupama’s Director of Healthcare, Alistair Sclare said: “To achieve the Crystal Mark is a real milestone and a key element in our commitment to treating customers fairly. Plain English Campaign has rigorous standards and will not award the Crystal Mark unless documentation can be read, understood and acted upon by the intended audience. This has been a valuable opportunity to go back to the drawing board and really make our documentation as clear, concise and user-friendly as possible for the benefit of our members, policyholders and our supporting healthcare broker partners.”
The Financial Services Authority (FSA) has banned Stephen Allen, a director of insurance broker, Fabien Risk Services Ltd, for failing in his duties as a director of a regulated firm.
Allen’s ban means he is prohibited from holding any management role in the UK financial services industry and any role that requires FSA approval.
The action follows an investigation by the FSA that also resulted in the banning in 2007 of Allen’s co-director Shane Garvey and Fabien office manager Lee Goddard.
In late 2005 when Fabien was placed in creditors’ voluntary liquidation, the firm had suffered £700,000 in losses, of which £470,000 was owed to insurers, brokers and underwriters.
An FSA investigation revealed that Garvey authorised the withdrawal of client funds and Goddard complied with instructions to use the money to keep Fabien trading without Allen’s knowledge. The FSA therefore found that Garvey and Goddard lacked integrity.
Allen accepted that his lack of knowledge of Fabien’s bank accounts was a neglect of his duties and that he had failed in his duty as a director. As a result, it was concluded that, although Allen did not lack honesty or integrity, he lacked the competence to run a regulated firm.
Margaret Cole, director of enforcement and financial crime at the FSA, said: “As a director there is an expectation that you are competent enough to look after client money; Allen did not fulfil this role as he failed to exercise closer scrutiny over Fabien’s accounting processes.
“We have clear rules about how a regulated firm should be run; Allen, Goddard, and Garvey failed to adhere to these rules and therefore showed themselves to be neither fit nor proper. Because of this, and the inherent risk they pose to consumers, we have taken tough action against all three: Garvey has been banned from working in the regulated financial services industry, Goddard from holding significant influence roles and Allen from any management role in the UK financial services industry and any role requiring FSA approval.”
Both Allen and Garvey held the Controlled Function 1 (director) position at Fabien; Goddard was not an approved person and his chief role was as accounts manager.
According to the German reinsurer Hannover Re, an estimatation of a €20m payout has been figured out for the Haiti earthquake.
Robert Hartwig, president of the US Insurance Information Institute, said: “Insured losses will be minimal, despite the severity of the event. The reason is that Haiti is one of the poorest countries in the world, with very little private insurance.”
As the private insurance market is almost non-existent in developing countries such as Haiti, most insurers will have to pay small amounts in claims
Tom Larson, senior vice president of catastrophe risk modeler Eqecat said that he does not expect insured Haiti losses to create a major loss for any one international insurer.
“For this type of event, no one insurer has any kind of large exposure,” Larson said. “One insurer might have lost everything they have insured in Haiti in this one event, but we don’t expect it to be a major event to any one of them.”
President Barack Obama was to pay a rare visit to the US Congress Thursday to give his Democrats an election-year pep talk as lawmakers worked their way towards an elusive health-care overhaul.
Obama was to address House Democrats at their annual “issues conference” one day after marathon talks with top lawmakers failed to yield a breakthrough deal resolving the intra-party disputes that have held up the historic bill.
The president’s visit came as polls showed the US public was skeptical of his push to remake health care, his top domestic priority, with a large segment of the US public disappointed that the sweeping legislation does not go far enough.
Obama was also due to highlight Democratic efforts to bring down double-digit unemployment, a major vulnerability as the party heads into November mid-term elections that historically see the sitting president’s party lose seats.
Democrats have pushed for a new “jobs bill” to steady the sputtering US economy and blunt Republican charges that the “job-killing” president has made the recession he inherited from former president George W. Bush worse.
Republicans have also shown renewed confidence that they can peel off just enough Democrats to defeat the health care plan, which cleared the Senate and House of Representatives by the narrowest of margins late last year.
On Wednesday, top Democratic leaders huddled with Obama at the White House for hours to try to map a way to meld those rival plans into a compromise they could pass before Obama’s annual State of the Union speech, just weeks away.
But the senior lawmakers, including House Speaker Nancy Pelosi and Senate Majority Leader Harry Reid, ended their discussions without announcing a breakthrough that would hand Democrats a major political victory.
“Today we made significant progress in bridging the remaining gaps between the two health insurance reform bills,” a joint statement from the three said. Going into the talks, disputes ranged from how to pay for the expansion of coverage to tens of millions more Americans and whether to create national or state-by-state “exchanges” where consumers could assess competing health coverage plans before buying.
Some major labor unions — staunch Democratic allies with a critical role to play ahead of the November mid-term elections — have warned against the Senate bill’s call for an excise tax on generous health care packages, a provision that would likely affect their members.
Democrats have virtually no margin for error: their plan squeaked through the Senate with exactly the 60 votes needed, and cleared the House with 220 votes, just two more than the bare minimum needed.
Obama promised Saturday that Americans will see the effects of health reform this year, saying Congress is “on the verge” of approving a compromise bill to overhaul the nation’s health care system.
The House and Senate measures aim to extend coverage to more than 30 million out of the 36 million Americans that lack it, end abusive health insurance company practices, and curb soaring costs that take giant bites out of family and government budgets.
The United States is the world’s richest nation but the only industrialized democracy that does not provide health care coverage to all of its citizens.
As a nation, the United States spends more than double what Britain, France and Germany do per person on health care.
But it lags behind other countries in life expectancy and infant mortality, according to the Organization for Economic Cooperation and Development (OECD).
President Barack Obama and his top Democratic congressional allies worked Wednesday to overcome obstacles to enacting a historic overhaul of US health care, his top domestic goal.
Obama welcomed House Speaker Nancy Pelosi and Senate Majority Leader Harry Reid to the White House as intra-party feuds clouded efforts to forge a compromise bill from the two chambers’ rival versions.
The president, the leaders, and heads of major congressional committees were to meet after those talks as Democrats strove to pass the measure before his annual State of the Union speech in late January or early February.
Disputes ranged from how to raise funds to pay for the expansion of coverage, to whether to create national or state-by-state “exchanges” where consumers could assess competing health coverage offers before buying.
Some major labor unions — staunch Democratic allies with a critical role to play ahead of the November mid-term elections — have warned against the Senate bill’s call for an excise tax on generous health care packages, a provision that would likely affect their members.
Democrats have virtually no margin for error: Their plan squeaked through the Senate with exactly the 60 votes needed, and cleared the House with 220 votes, just two more than the bare minimum needed.
“Work on bridging the final differences is still going on, and there simply isn’t anything final to discuss yet,” White House Communications Director Dan Pfeiffer said late Tuesday.
Obama was also to address Democratic lawmakers on Thursday at their annual “issues conference” in a bid to rally support for what would be the most sweeping overhaul of its kind in four decades.
Republicans are united in their opposition to the plan, and polls show the US public is sharply divided over the Democratic effort, though a sizeable chunk of the opposition is from Americans who say it does not go far enough.
Obama promised Saturday that Americans will see the effects of health reform this year, saying Congress is “on the verge” of approving a compromise bill to overhaul the nation’s health care system.
The House and Senate measures aim to extend coverage to more than 30 million out of the 36 million Americans that lack it, end abusive health insurance company practices, and curb soaring costs that take giant bites out of family and government budgets.
The United States is the world’s richest nation but the only industrialized democracy that does not provide health care coverage to all of its citizens.
As a nation, the United States spends more than double what Britain, France and Germany do per person on health care.
But it lags behind other countries in life expectancy and infant mortality, according to the Organization for Economic Cooperation and Development (OECD).
Hibernian Aviva, Ireland’s largest insurance group has completed its planned name change to Aviva as part of Aviva plc’s global strategy to grow and transform its business. Aviva’s heritage in Ireland began over 100 years ago with the foundation of the Hibernian Fire & General Insurance Company and today the company has over 1.2 million general insurance, life & pensions and health insurance customers in Ireland.
Aviva is Ireland’s market leader in general insurance, providing motor cover to one in every five motorists on Irish roads and commercial insurance to one in three small and medium businesses. Over 250,000 people have chosen Aviva as their health insurance partner and in the Life & Pensions sector Aviva provides access to the widest choice of funds in the market through our partners BlackRock, Merrion Investment Managers and Aviva Investors.
This change to Aviva is part of Aviva’s strategy of uniting the business behind one strong worldwide brand. The international savings, investments and insurance group is the world’s fifth largest insurance group with 50 million customers and already trades as Aviva in most of its 27 markets across Europe, North America and Asia Pacific.
Jim Dowdall, recently appointed chief executive of Aviva in Ireland, says that being part of a global group means the company has the resources and expertise to further strengthen its market leading position in Ireland’s Life and Pensions and Insurance markets.
“We are a business with a heritage in innovation and customer service. Our intention is to continue to be here for our customers for the next 100 years by drawing on the expertise and resources of Aviva as we grow our business in Ireland for the future.
“We are firmly committed to continuing to lead the Irish insurance market with unrivalled customer service and the provision of best value, high quality insurance products right across our portfolio,” added Jim.
Jim Dowdall says that Aviva Ireland is already introducing new initiatives that demonstrate the company’s ability to deliver high quality value insurance to Irish consumers.
“We have just introduced a new year-long campaign, ‘New Parent Free Life Cover’ which provides €10,000 worth of free life cover for all new parents up until their child’s first birthday. This is to encourage consumers to consider the need for life assurance. Currently over 40% of Irish adults don’t have any cover to protect their families from unnecessary financial risk in the event of accident or injury.
“Aviva also continues to offer discounted prices for all health insurance customers who switch or renew their health insurance with us until the end of January.”
Jim Dowdall continued: “We also had the scale and expertise to respond faster than any other insurer to the recent unprecedented flooding in Ireland, leading the industry by introducing an advance claim payment scheme. We are now working with our residential and commercial customers to get them back on their feet as quickly as possible.”
This final step from Hibernian to Aviva follows an extensive campaign that saw the company become Hibernian Aviva in January 2009. In 2009 Aviva also announced a ten-year partnership with the IRFU and FAI in the soon to be opened Aviva Stadium, investing in this landmark infrastructure and supporting IRFU and FAI investment in grassroots sports programmes throughout the country.
In conclusion, Jim Dowdall said: “For the last 100 years, we have led the Irish insurance market by offering insurance products that provide peace of mind and by delivering excellent customer service. Nine out of 10 consumers recognise and trust that Aviva can meet all of their insurance needs and I am confident that Aviva in Ireland will continue to build on this track record in 2010 and the years ahead.”
Aon, Manchester’s insurance broker and risk adviser, has appointed Kelvin Chadwick as sales director to lead the commercial sales effort and build on three years of strong revenue growth for the branch.
Kelvin joins from insurance broker Bridge and was previously at Willis, bringing over 20 years of insurance based client and sales leadership experience. He will be a key member of Manchester’s management team and will be instrumental in helping to lead the operation.
The sales team is further enhanced by the internal promotions of:
Jane Kielty, branch director for Aon, commented: “We are now really starting to shout about our strengths and talking to companies on how we can help them reduce the costs of insurable risk. During the course of the last year we have been focused on building a sales team with a difference. We wanted to ensure that our sales people are passionate insurance professionals who have extensive client experience.”
FINEX National, a division of the Financial, Executive and Professional Risks unit of Willis Group Holdings, has entered into a strategic alliance with Dominion, the leading provider of trustee, advisory and wealth management services to the hedge fund industry, to form a Hedge Fund Practice Group for fund management organisations.
The new business unit within Willis will be led by Paul Richards, head of the recently expanded FINEX National Financial Institutions division, which provides insurance broking services to financial and professional services firms.
Under the alliance, Willis will be responsible for the client-facing aspects of the general insurance arrangements for Dominion’s clients, delivering the full spectrum of financial and executive risk solutions, including Directors’ and Officers’ (D&O), Professional Indemnity and Employment Practices liability insurance. These services also will be available to other companies in the fund management sector. The relationship will, in turn, give FINEX National’s clients access to the extensive range of services that Dominion provide to the hedge fund sector.
Commenting on the alliance, Richards said: “In the wake of the financial crisis, hedge funds have become a lot more institutionalised, and they are facing greater regulatory scrutiny and increased investor demands. A holistic risk management programme is key to safeguarding the reputation and assets of hedge funds, investment management companies, and the supporting industry service sector. Backed by the global resources of the Willis Group, with the expertise of FINEX National, the alliance will offer clients a one-stop boutique broker service for all their financial and executive insurance needs.”
Andrew S. Fielding, Director and Head of Sales & Marketing at Dominion, said: “Willis has been successfully providing insurance broking and document production services to Dominion and ASF Financial Services, a company recently acquired by Dominion, for a number of years now. We are confident that their proactive, personalised service and in-depth knowledge of financial and executive risk insurance will complement our expertise in financial planning, employee compensation and benefit structures, giving our clients the best advice possible.”
Willis will provide the following broking services as part of the alliance:
Dominion will provide the following services:
structures and tax planning
Because of the current severe weather conditions Eurostar will continue to run a restricted service.
If you do not need to travel Eurostar staff recommend you cancel or postpone your trip. Refunds and exchanges can be made free of charge through your original point of purchase anytime within the next two months.
If you booked your trip on eurostar.com or through our call centre, and would like to cancel it, you can send your refund request via email using the following link. Simply select ‘Refund request after snow disruption‘ as the reason from the drop down list which will enable us to identify your email. Please remember to include your booking reference. You will then be refund and get confirmation by email.
If you wish to exchange your booking, you can contact Eurostar on 08432 186 186 (from the UK), 01.70.70.60.88 (from France) or 02 400 67 31 (from Belgium) within the next two months.
If you do decide to travel, note that Eurostar will be operating a restricted service over these days with some cancellations. Check eurostar.com the evening prior to your departure for the latest information.
Aon Corporation today announced that the Board of Directors has declared a quarterly cash dividend of $0.15 per share on outstanding common stock.
The dividend is payable on February 15, 2010 to shareholders of record on February 1, 2010.
Aviva announces today details of the regular and final bonus rates. Despite the volatility of investment markets over the past two years, the vast majority of regular bonus rates have been maintained.
Aviva’s with-profits funds continue to give customers consistent and stable returns, outperforming average savings accounts and comparing favourably with the balanced managed sector.
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If you reach State Pension age before 6 April 2010
If you don’t qualify for the full basic State Pension, but have 25 per cent or more of the qualifying years, you’ll get a weekly basic State Pension between the minimum (£23.81 in 2009-2010) and the maximum (£95.25 in 2009-2010).
If you have fewer than 25 per cent of the qualifying years, you will not be entitled to any basic State Pension using your own National Insurance contribution record. However, you can get a ‘non-contributory’ or ‘Over 80 Pension’ if you’re aged 80 or more and meet the residency conditions. This is £57.05 a week for 2009-2010.
If you reach State Pension age on or after 6 April 2010
If you don’t qualify for the full basic State Pension, but have some qualifying years, you will get one thirtieth of the full amount for each qualifying year.
You can get more information from your local pension centre.
If you are or have been married or in a civil partnership
You may be entitled to some basic State Pension through the National Insurance record of either:
Pension Credit
If you’re aged 60 or over and living in Great Britain, Pension Credit could top up your weekly income to a guaranteed minimum of:
From 2010, the age from which you can get Pension Credit will gradually increase.
Zurich Financial Services Group today announced the transfer of the vast majority of its general insurance portfolios in Italy, Portugal and Spain to local branches of its EU-based risk carrier Zurich Insurance plc, Ireland, (ZIP) effective January 1, 2010. A similar transfer is planned for Zurich’s general insurance business in Germany later this year. The general insurance business in the United Kingdom was transferred to the ZIP UK branch effective January 2009. In addition, most of the Global Corporate division’s business written in the EU has been progressively transferred to ZIP branches since 2005.
The transfers are part of an ongoing Group-wide effort to simplify Zurich’s legal structure and consequently achieve greater flexibility in its capital management.
For customers nothing will change. They will continue to receive the same high levels of service and protection regarding the conduct of business, in particular in terms of complaint handling and the ability to seek redress through local legal processes.
Markus Hongler, Chief Executive Officer Western Europe and Zurich Insurance plc, said: “Upon completion of all transfers, ZIP is expected to generate revenues of about EUR 11 billion. For Zurich as a Swiss-based corporation, a single EU-based risk carrier with branches in the EU member states is both capital and operationally efficient. It enables us to take advantage of the EU single market and regulatory environment.”
BT has joined the insurance industry’s collective fight against organised fraud by becoming the latest member of the Insurance Fraud Bureau (IFB). BT will contribute claims data across all of its fleets.
Historically the IFB has focused its activity on the personal lines sector. However, with more self insured fleet companies joining the Bureau and sharing data within this field, the IFB will now increase its ability to tackle fraud involving commercial vehicles.
Somto Obi, Risk Consultant at BT comments: “We see IFB membership as key to addressing the problem of organised fraudsters targeting our fleet vehicles with induced crashes. This type of criminal activity puts our employees at risk and costs us hundreds of thousands of pounds in fraudulent insurance claims. We understand the importance of working collaboratively and are keen to proactively share our claims data and look forward to sharing the benefits associated with the power of the collective. Furthermore, with the help of the IFB we aim to arm our drivers with the knowledge and confidence to identify and report suspicious claims.”
John Beadle of the IFB board comments: “We are delighted to welcome BT as a Bureau member and look forward to the additional data that will become available to the benefit of all members and in the fight against insurance fraud.”
Backpackers taking trips to Thailand top the list of those making travel insurance claims, it was revealed today.
Claims following Thailand visits account for 22% of all backpackers’ claims, according to a travel insurance company.
The company added that British backpackers’ claims amounted to more than £6 million a year, with personal luggage claims accounting for more than 40% of this total and medical expenses more than 33%.
Lost documents and lost money accounted for more than 10% of claims.
After Thailand, the country generating the most claims from British backpackers was Australia, followed by India, the US and Brazil.
A spokesperson said: “Given the uncertain economic situation and the decline in the number of university places, more people are taking extended travel breaks.
“Our research shows that an incredible 3.3 million Britons have recently been or intend to go travelling abroad specifically to escape the misery of the UK recession.
“This, plus the fact that we believe crime around the world is generally increasing because of the global economic crisis, means we are seeing a big increase in claims under our backpacker travel insurance cover.”
Brit Insurance announced today the appointment of Peter Grocock as Head of its Bristol office. He takes up his new position on the 11th January 2010.
Peter has over 25 years of commercial insurance sector experience in various underwriting and broking roles and has spent the last eight years working in the Bristol market. He joins Brit Insurance from The Jelf Group, where he was Corporate Client Director, responsible for all aspects of service to major clients as well as having roles in compliance, operations and business planning.
Rosie O’Gara, Central and South West Regional Manager at Brit Insurance, commented: “There is significant opportunity for business development in South Wales and the South West of England and Peter’s knowledge of the Bristol marketplace, management experience and track record made him the obvious choice to lead the team and capitalise on its growth.”
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