- Professional Insurance Agents Ltd are looking towards new markets in the
USA and have been in talks with 2 brokers n New York and Boston to launch
several Financial Lines products such as errors and omissions (Professional Indemnity Insurance).
- The recent fires in Australia have seen claims starting to come into the
insurance industry with the Australian trade body saying over 500 claims already
add up to $51 million.
- The unbelievable move by AIG to consider saving the US government because
of what they say may have been a unconstitutional bail out has stunned the
Insurance Industry and the general public.
- Ageas appoint new Boss Andy Watson as UK CEO. The word on the street is
that the new CEO will have to build relationships with their brokers.
- Nexus brings in new Lloyds underwriters and has added Marketform Syndicate
2468 and Sagicor Syndicate 1206.
- Business Insurance 24 7 make offer to buy several online software providers
specialising in Professional Indemnity and Directors and Officers Insurance.
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