City Moves for 10 October 2016 | Who’s switching jobs October 10, 2016 Personal Group Personal Group has appointed George Farrow, the former Reward Gateway chief operating officer, to lead the client management teams and promote the uptake of Hapi, Personal Group's benefits platform, among new and existing clients. With a strong background in strategic growth and product development, George moved into the benefits market following 30 years [...]
City Moves for 24 January 2017 – who’s switching jobs? January 24, 2017 Today's City Moves cover online businesses, the legal sector and property development. While Mark Whitburn has joined peer-to-peer lender Saving Stream as its new head of credit, former KPMG partner Jane Moriarty has joined Chelsea-focused London property group Martin's Properties as a non-executive director. Take a look at these movers and shakers: Saving Stream Mark [...]
Autumn Statement 2016: There will be an extra £1.1bn invested in English transport networks says chancellor Philip Hammond in his Autumn Statement November 23, 2016 As part of his £23bn to be spent on innovation and infrastructure over five years the chancellor Philip Hammond has announced there will be an extra £1.1bn invested in English transport networks, "where small investments can often achieve big wins". Some of this will go on rail. Hammond said the transport secretary will set out more details [...]
City Moves for 4 August 2016 | Who’s switching jobs August 4, 2016 Colliers International Colliers International has appointed Patricia Walsh as its new head of property management accounts following the retirement of Steve Tutton after 12 years of service. Patricia joins Colliers from Lee Baron where for the last seven years she has held the position of director of finance. Prior to that she held positions at Cushman and [...]
The proportion of women in the higher-rate tax bracket has not changed in five years August 1, 2016 FTSE 100 boards may be more female-heavy than ever before – but the number of female high earners has remained stubbornly static in recent years, new research has suggested. Analysis of data from HM Revenue & Customs by law firm Clyde & Co has shown that although the number of higher-rate taxpayers has increased by 1m [...]
Insurers turn their back on M&A and look for alternative ways to grow July 13, 2016 The number of completed mergers and acquisitions in the insurance sector has slumped in recent months, a report out today has found. The research by law firm Clyde & Co found that there were just 173 deals worldwide between October 2015 and March 2016, compared with 250 in the six months before that. The law firm has noticed [...]
The “Berlin Wall” of insurance is about to be torn down August 11, 2016 One of the biggest shakeups to the insurance sector in recent memory comes into force tomorrow. The Insurance Act 2015 was granted Royal Assent 18 months ago. However, the bulk of its provisions, including creating a new duty for those insured to make a "fair presentation" of their risk and changing the way warranties are treated, come [...]
Oil and gas execs flag Opec policy as biggest risk to the industry April 18, 2016 The majority of senior oil and gas executives have singled out Opec policy as the biggest risk currently facing the struggling industry. Around 74 per cent of senior international oil and gas execs think Opec policy is the most significant geopolitical concern for the industry, according to research by global law firm Clyde & Co. Read more: Doha oil production freeze talks end [...]
What Brexit means for London’s insurance industry June 24, 2016 The UK's decision to leave the EU might not immediately cause serious damage to London's reputation in the insurance industry, but the result does raise serious questions around regulation and access to the wider market. In a statement released shortly after the result of the vote was revealed, Lloyd’s chairman John Nelson said that he was "confident" [...]
Remaining US sanctions putting insurance professionals off Iran, although the desire to do business in the country has increased since January February 15, 2016 The insurance industry is still feeling cautious about doing business in Iran because of lingering sanctions, according to a survey released today. The study, conducted by global law firm Clyde & Co, discovered that 85 per cent of London insurance professionals felt discouraged from doing deals with the country because of remaining US sanctions which make it near impossible [...]