Friday, 29 June 2012

Barclays Staff Prepare to Resign - 29th June 2012

- Brendan McManus CEO of Giles who is well known in the Insurance market, has taken to the new job at Giles after his departure from Willis, leaving dear old Joe Plumeri and his bad tempers behind, in December he has the big job cutting the £37.4 million loss and has already said that flotation is out of the question at present.

- Groupama UK faces problems with the recent down grading of their parent company with standard and poor's giving the company a junk status. brokers are now becoming very worried and whether they should place business with Groupama.

- Rupert Villers of Aspen Insurance moves from Co- CEO to chairman of the company and president of Aspen International.

- Some contracts maybe exempt from solvency II Brussels may soften the impact of the new directive.

- Aviva appoint Sandra Stewart as there national sales manager.

- Professional Insurance Agents Ltd, new trading online Multiquote and Buy company Business Insurance 24 7 appoint 2 new members of staff in their IT department. CEO Graham Hearsey and Chief operating officer Graham Wallace said "we are flat out on software products both in the UK and internationally, and we need to expand our Insurance products and panel of suppliers, out IT staff will now write code for scheme on Professional Indemnity Insurance, Directors & Officers and Commercial Combined not only in the UK we are working in Italy the Netherlands and Canada on some very exciting online product for both insurers and brokers."

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