What are the big stories hitting the headlines this week?

Breakaway
Oval corporate risks managing director Terry Moyes has resigned to set up his own brokerage. The venture will focus on commercial, aviation and high net worth. He will remain a shareholder of the Oval Group, where he has overseen mid-corporate and corporate business for the past six years.

Launch
Esure launched its two new broking brands, esure broker and Sheilas’ Wheels Broker, on Monday. The panel of insurers for the direct motor insurer’s new broking ventures includes AXA, Ageas, KGM and Sabre.

Hire
Loss adjuster Garwyn has appointed former Xchanging Broking Services managing director Artur Niemczewski as its new chief executive. Niemczewski replaces Stewart McCulloch who left Garwyn during the summer.