News from Concise PR

First PAIF launches on Ascentric

2010-09-03

3 September 2010 - Independent wrap Ascentric announces the launch of the Royal London Property Fund on the platform. Managed by Royal London Asset Management (RLAM), the fund is a Property Authorised Investment Fund (PAIF) and is the only one of its type in the market.

The market�s first PAIF launches on Ascentric

2010-09-03

Independent wrap Ascentric announces the launch of the Royal London Property Fund on the platform. Managed by Royal London Asset Management (RLAM), the fund is a Property Authorised Investment Fund (PAIF) and is the only one of its type in the market.

Government Minister opens new Reliance Mutual head office

2010-09-03

Greg Clark, MP and Minister of State, Communities and Local Government today (3 September) formally opened Reliance Mutual’s (Reliance Mutual Insurance Society Limited) new head office at 6, Vale Avenue in Tunbridge Wells during a lunchtime ceremony with directors, staff and close business contacts.

Merchant Capital Kick Out Plan Emerging Markets Issue 2

2010-09-02

Merchant Capital Limited (MCAP) has launched a second tranche of the popular Merchant Capital Kick Out Plan: Emerging Markets (the “Plan”) offering investors exposure to two emerging markets, Brazil and China. The Plan is a three year plan and offers investors a growth payment of 7% (gross) semi annually (14% per annum) with the possibility of an early maturity if both of the underlyings are 5% or more above their initial levels on any of the twice yearly kick out dates.

Arc Legal makes waves in marine legal expenses

2010-08-26

26th August 2010 - Arc Legal Assistance (Arc Legal), a leading legal expenses provider, has announced the launch of a dedicated yachting and marine pleasure craft legal expenses cover and claims service. The company will target growth with an enhanced product and panel of leading maritime law firms to handle claims.

Tax Elected Funds (TEF) now available on Ascentric

2010-08-25

Users of the independent wrap Ascentric now have access to Tax Elected Funds (TEF) for the first time following the launch of Querns Income First Fund on the platform. The fund is provided by Querns Asset Managers and is managed by former New Star managers Stephen Whittaker and Phil Roantree.

Spanish companies lack environmental risk

2010-08-16

Madrid, SPAIN – August 16, 2010 – Research amongst Spanish companies conducted by TNS for ACE Iberia, has revealed a significant lack of awareness of environmental legislation and risks affecting their businesses and a lack of knowledge about the insurance protection available.

Double dip recession tops European business leaders' concerns, according to ACE sponsored EIU research

2010-08-12

LONDON 12th August 2010 – The potential for a global double dip recession and its impact on trade in Europe, top the list of risks facing businesses according to new research conducted by the Economist Intelligence Unit (EIU) and co-sponsored by insurance specialist ACE.

ACE appoints Steve Dixon Regional Managing Director ACE MENA

2010-08-11

11th August 2010, London, UK– ACE European Group has today announced the appointment of Steve Dixon as Regional Managing Director, ACE Middle East and North Africa (MENA). Steve succeeds Giles Ward, who has led ACE MENA since 2006, now appointed to the position of Chief Executive Officer for ACE Australia & New Zealand. Steve’s appointment remains subject to regulatory approval.

Boutique Somerset Capital Management launches on Ascentric

2010-08-06

Independent wrap Ascentric announces the launch of Somerset Capital Management on the platform.

The $600m Global Emerging Market Equity boutique offers 3 core strategies - Large Cap, Small Cap and Dividend Growth - and has established a significant foothold in the UK adviser and wealth management marketplace, since its launch in 2007. The firm, structured as a partnership to bind in talent for the long term, manages 40-stock, bottom up portfolios for a growing list of clients.

GAB Robins targets insurers with solution to tackle summer claims capacity needs

2010-08-06

London, 6th August 2010 – GAB Robins is targeting insurers with an enhanced service which provides clients with additional claims handling capacity during busy spells such as the summer holiday period.

Ascentric integrates with True Potential

2010-08-04

Wednesday, 4 August 2010- Independent wrap Ascentric announces the integration of its platform with adviser support services provider True Potential.

Cooper Gay aims to double global binder business with new MD appointment

2010-08-02

LONDON, 2 Aug 2010 – Cooper Gay, the leading independent wholesale, reinsurance and specialist retail insurance broker, has announced plans to double the number of binding authorities it handles worldwide within three years, following the appointment of James Kininmonth as managing director of its Underwriting and Distribution Management division.

Simon Rowlands appointed Head of Office for Oxygen Corporate Risks in Leeds

2010-07-30

London, 30th July 2010 – Oxygen Insurance Brokers (Oxygen), a subsidiary of Oxygen Holdings plc, announced today the appointment of Simon Rowlands as Head of Office, Oxygen Corporate Risks, (Leeds).

Arc Angels on cloud nine at Race for Life total

2010-07-29

29th July 2010 – Sixteen female members of staff from legal expenses insurance provider Arc Legal Assistance (Arc Legal) have raised over £2,500 for Cancer Research UK after taking part in this year’s Race for Life.

APC launches office product for Irish broker market

2010-07-29

29 July, 2010: Commercial insurance underwriting agency APC has this week launched a new office product specifically designed to cover Ireland’s traditional and home based businesses.

Robertson Taylor appoints Music & Entertainment Manager

2010-07-21

London, 21st July 2010 – Robertson Taylor Insurance Brokers, a subsidiary of Oxygen Holdings plc, announced today the appointment of Dawn Johnstone as Manager, Music & Entertainment Division.

ACE UK appoints Matthew Shaw President Ace Global Markets and Active Underwriter Syndicate 2488

2010-07-15

London, 15th July 2010 – ACE UK has today announced the appointment of Matthew Shaw as President, ACE Global Markets (AGM) and Active Underwriter for Syndicate 2488. In addition, subject to Lloyd’s and FSA approval, Matthew is appointed a member of the Board for both ACE European Group Limited and ACE Underwriting Agencies Limited. In his new role, Matthew will continue to report to Richard Pryce as President ACE UK.

Ascentric launches Key Features Builder Tool

2010-07-14

Independent wrap platform Ascentric today announces the launch of its unique Key Features Builder Tool for advisers. The tool was developed in association with fund information provider FundsLibrary as a way of demonstrating the holistic platform cost of setting up product wrappers to clients.

APC launches first broker product in Ireland

2010-07-08

8 July, 2010: Commercial insurance underwriting agency APC has begun writing business in the Republic of Ireland (ROI) with the launch of its first product, which is aimed at shopkeepers.

Merchant launch new emerging markets growth plan

2010-07-07

7th July 2010 - Merchant Capital Limited (MCAP) has launched a new growth plan, The Merchant Capital Growth Plan: Emerging Markets (the “Plan”) offering 1.3 times the growth of the Standard & Poor’s BRIC 40 at maturity.

ACE grows Environmental Risk team

2010-07-05

London, 5th July 2010 – ACE International (ACE) has appointed Perrine Kalina to the new role of Engineering Coordinator and Assistant Underwriter to its Environmental Risk team.

Merchant launch new capital & income lock-in plan

2010-07-02

2nd July 2010 - Merchant Capital Limited (MCAP) has launched a new income plan, The Merchant Capital Income Plan: Capital & Income Lock-In (the “Plan”) offering a maximum annual income of 7% per annum (1.75% paid quarterly).

Walters first to pass new AMII/CII exam

2010-07-02

Brian Walters from Regency Health (an appointed representative of Premier Choice) is the first individual to have sat and passed the new Association of Medical Insurance (AMII) / Chartered Insurance Institute (CII) IF7 examination introduced from 1 July.

SME construction firms get more control of losses and insurance costs

2010-06-18

New online service gives firms access to low cost incident control tool

18th June 2010 – Small and medium sized construction firms now have access to Incident Manager, a new facility, that enables them to track and monitor incidents and losses more effectively.