Broker News – Page 117
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Marsh appoints Roy White’s successor as UK specialties chief executive
Roy White moves to a new role at Marsh in January, when Paul Moody becomes the broker’s UK specialties chief executive
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2018 predictions: Motor insurance “firmly back in the black" - EY
EY UK general insurance leader Tony Sault predicts a bit of welcome relief for the motor insurance industry in 2018. However, things are not looking up for the home insurance market.
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Covéa builds on schemes team with second new hire in a week
Following the appointment of Carolyn Callan, Covéa has announced a second commercial schemes team appointment
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Towergate launches third Geo Specialty London markets team
Towergate Underwriting today launches the third London markets team in its Geo Specialty business in four months
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Broker Network looks east with latest regional acquisition
Broker Network picks up Lincolnshire-based commercial lines broker in latest regional expansion acquisition
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Record-breaking £160m paid out every day to customers - ABI
Record year for payments as £160m was paid out every day in 2016
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Ardonagh appoints new chief executive of healthcare
Ardonagh announces second appointment in two days as Iain Laws joins the Group
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Bluefin fined £4m by the FCA
Bluefin fined £4m by the FCA for misleading customers and failing to address issues surrounding conflict thrown up by its ownership by AXA
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Marsh UK to resume full control of its Norwich operations from Capita
Capita Insurance Services will continue to provide support to Marsh’s UK operations through its offshore facility in Pune, India
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GRP takes reins of bloodstock specialist with latest acquisition
GRP has added bloodstock specialist broker Anglo-Hibernian to its roster in its 12th acquisition in 10 months, following its acquisition of Eclipse last week
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Cyber insurance gap as small businesses become more digitally savvy
According to PwC, nearly half of UK small businesses bought their most recent business insurance online and they are increasingly looking to interact with customers digitally, though just one in ten have cyber insurance
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Vodafone becomes digital telematics partner for Admiral Insurance
Vodafone will support Admiral in analysing real time driving behaviour, and sharing it with customers through an online dashboard
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ABI give a first estimate of the value of trade credit cover on risk after P&H collapse
The wholesaler went into administration on Tuesday after rescue talks broke down
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Gill promoted by Allianz to become new head of operations
Allianz Insurance has appointed Dave Gill as its new head of operations. He will now lead all speciality operations for business lines, including corporate partner pet, Petplan and Allianz Musical Instruments. Dave joined Allianz in 2010 as the sales contact centre manager at Petplan. Three years later, ...
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LMG submit proposal for EU and UK to keep access to markets post-Brexit
LMG says clients need uninterrupted access to London’s breadth of expertise and specialist risk capacity
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CoverBuilder saw over 5000% increase in home insurance sales on the day Storm Ophelia hit
Two thirds of Northern Irish homeowners have looked into purchasing home insurance or changing their existing policy since the storm hit
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Simply Business appoints David Summers as UK chief executive
Simply Business has appointed David Summers as its UK chief executive. Summers has worked at Simply Business since 2006 and was most recently chief operating officer. In the past he has worked for Accenture. Summers will report to Simply Business group chief executive Jason Stockwood. Commenting on Summers’ appointment, Stockwood ...
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Riders may be in hot water over Northern Ireland electric bike insurance laws
Northern Irish law requires electric bike riders to have motor insurance, warns Jackson Lee Underwriting joint managing director
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Marsh announces combined Jelf and Bluefin rebrand
The combined Jelf and Bluefin will be known under one name from early 2018
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Childhood friends develop multi sports injury cover for amateur sportspeople
Childhood friends create multi sports insurance policy for amateur sports people