Broker News – Page 2
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AI usage in insurance is an ‘evolution, not revolution’ – Hiscox
Insurer’s head of technology emphasises that AI is ’a tool to enhance existing practices’, rather than act as a replacement for current people and processes
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Howden Re expands capital and operations solutions practice with senior hire
’Our capital and operational solutions team has gone from strength to strength as it continues to attract top talent,’ says deputy chief executive
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Munich Re completes sale of marine specialist founded in 1826
The decision to sell ’was driven by a reflection on our strategic goals and plans for the next stage of our own growth’, says managing director
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Ex-Ardonagh Specialty M&A leader joins Atec Group
’I’m delighted that we continue to attract this calibre of young talent to the group,’ says chief executive
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Partners& restructures GI business with nine senior hires
’The colleagues stepping into these roles will lead our teams to provide the care, advice and support that clients deserve,’ says chief executive
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Brown and Brown acquires Kenilworth-based commercial broker
’We look forward to the opportunities that lie ahead, which will benefit both our customers and our dedicated team,’ says director
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Aon appoints new chief broking officer for EMEA
’His journey at Aon exemplifies our dedication to developing professionals from within, creating clear pathways for growth,’ says head
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Brokers increasing interest in digital automation and GenAI – Aviva
’We will continue to work with our brokers and leverage the promise of digital technology to ensure we meet the needs of our business customers,’ says innovation director
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38-year-old broker acquired by Clear Group
’The team have reputable relationships with their clients and will fit in seamlessly with the Clear Group family,’ says chief executive
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Lloyd’s broker inks deal to launch new motor trade platform
’This platform reflects our continued investment in digital innovation and broker experience,’ says chief executive
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Commercial account executive sells book of business worth £1m GWP
’He is great at what he does as an experienced commercial account executive and we are confident that his clients will remain loyal and he will attract new customers too,’ says managing director
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Employee-owned broker to open new office in Bristol
’We’re here to serve the Bristol business community and believe we offer what they are looking for in the current climate,’ says regional director
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Ex-broker chief executive and MP candidate joins specialist MGA
’His deep-rooted expertise in the broker market and pragmatic approach to business development will be a fantastic support to our team,’ says chief executive
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Scottish broker rebrands after being acquired by Partners&
The change represents ’our full alignment with the wider business, uniting under one singular, forward-thinking brand’, says broker
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Agricultural broker makes senior hire as part of Northamptonshire expansion
’The family and employee-owned company’s commitment to providing specialist agricultural insurance solutions aligns perfectly with my experience and passion,’ says appointee
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Newmarket-based independent broker completes MBO after shareholders depart
’We are proud to be part of a growing movement of brokers choosing independence, service and long-term value over short-term exits,’ says chief executive
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Acorn Group grows GWP by 41% in 2024 as COR remains below 90%
’We’ve seen strong growth across all key lines, driven by smart underwriting, advanced pricing and a deep understanding of our customers’ needs,’ says chief executive
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High Five: Catch up on the biggest exclusive stories this week
Insurance Times rounds up the biggest exclusive stories from 31 March to 4 April 2025
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Fantasy Football: Howden and Fortegra’s John King Q&A
Insurance Times talks to the Howden independent non-executive director and chair at both ITC Compliance and Fortegra Insurance about his strong performance in Fantasy Football this season