Broker News – Page 118
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IT InterviewThere’s no strategy to current broker consolidation – Aventum’s David Bearman
Furthermore, MGAs that ‘put growth over profit don’t deserve to have underwriting capacity’, says chief executive
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NewsInsurtech sector reaches mega deals ‘record high’ in Q1 2021
The top three largest rounds were Next Insurance, Coalition and Zego
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NewsCo-op’s former underwriting business in run-off amid Markerstudy deal
Soteria Insurance has an arrangement with Markerstudy Group whereby it will administer Co-op’s car and home policies up to renewal, if bought before 3 December
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NewsGallagher appoints new regional broking director
The new hire has more than 11 years of experience in the industry
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News AnalysisPost-Covid recession and hard market drives advice-led broker opportunities
Mitigating underinsurance using risk management should be a key strategy for commercial brokers, recommends expert panel
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NewsEleanor Moore named Insurance Institute of Manchester’s president again
Moore hopes to change the way that continued professional development (CPD) is delivered post-pandemic
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NewsSpecialist insurance broker appoints new chief broking officer
The chosen candidate has worked in the insurance market for more than 20 years, including at Ark Underwriting Syndicate and Markel
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NewsPIB Group-owned Cobra Network welcomes new staffer
The new addition joins from Marsh Commercial’s Purple Partnership
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News AnalysisD&O market is ‘absolutely brutal’ and ‘in a world of pain’ as a result of hard market
However, insurers are looking to grow and are selecting some ‘quite aggressive targets’, says expert panel
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NewsHenderson bulks up new broker further with ex-Aon staff
Insurance Times understands that around four Aon employees are expected to join new Henderson-backed broker
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IT Interview‘Choosy’ capacity post-Covid could hit MGA consolidation
However, having capacity to back up specialist schemes could provide ‘one more bite of the cherry’ says broker chair
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NewsMacbeth buys Buckinghamshire-based broker
The deal marks the firm’s second acquisition in 18 months
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NewsAviva’s Phil Bayles accepts new role at Ardonagh Advisory
Chief executive says Bayles’ appointment ‘feels like the stars aligning’, empowering him to ‘make an indelible mark on our value creation story’
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NewsRight Choice Insurance Brokers buys Kingfisher-owned Fresh motor brands
Broker chief executive hopes the deal marks the ‘first of many acquisitions’
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NewsUK car insurance premiums fell by 14% in last year – WTW
Premiums are now at their cheapest since 2015, reflecting the impact of lockdown on claims
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NewsKingfisher UK appoints chief information officer
The new appointment aims to use technology and data to lead change
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NewsArdonagh Group’s retail platform purchases Be Wiser assets
The move follows job losses at Be Wiser earlier this year
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NewsGuy Carpenter appoints former Swiss Re director as MD and co-head of cyber
The newly created role demonstrates the broker’s ambition to strengthen its market position in this line of business
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NewsAston Lark makes second acquisition in Ireland
The firm has an ambition to become ‘Ireland’s leading independent insurance broker’
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NewsPartners& buys Nottingham-based broker
The move supports the broker’s strategy to build its presence in the Midlands
