Broker News – Page 43
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News
Marsh appoints new cyber product leader
Broker says it is expanding its cyber team as ’cyber risk remains an urgent, volatile and evolving challenge’
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Brown and Brown broker Xenia announces new chief executive
’I am delighted to have the opportunity to lead the business’ onward development,’ says appointee
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Insurtech funding plummets to lowest level since 2018
However, global head of insurtech says there are signs of ’a mature and healthy market’
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Brown and Brown Europe snaps up ‘customer-centric community broker’
Chief executive says the acquired business will ‘make an excellent contribution’ to Brown and Brown’s future
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Howden boosts revenue in 2023 despite seeing less organic growth
Chief executive says broker is working to deliver long-term ’standout organic growth’
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Howden announces new chief operating officer
’He will provide important leadership as we grow scalable, consistent and world-class operations,’ says chief executive
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UK entering 2024 ‘more positively’ with insurance rates – Marsh
’Underwriters in all areas continue to focus heavily on valuations in light of global inflation,’ says placement leader
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Axa to withdraw from motorcycle market
’This change will allow us to further strengthen our offering across our other intermediated products,’ says spokesperson
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Ardonagh Advisory expanding health and protection portfolio with broker buy
’We’re actively exploring options to expand,’ says chief executive
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Digitisation of London market will ‘empower’ face-to-face trading
’Personal relationships will still be critical,’ says chief executive
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News
High Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories from this week
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News
Luxury watch theft ‘growing concern’ for insurance sector
’It is a common worry for underwriters, brokers and, of course, the individuals who are the victims of such crime,’ says director of private clients
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Clear Group buys London-based high net worth broker
The intermediary’s ‘strong and growing offering in the HNW’ arena makes it a ‘perfect fit’ for the smaller broker, says managing director
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Astute Insurance Solutions snaps up property specialist broker
The experience of the acquired firm’s owner ‘will enrich our business and broaden the range of services we offer’, says managing director
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Jensten Group expands regional presence with broker buy
’It was very important to us that we joined a business that understood our growth ambitions,’ says director
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IT Interview
Mike Latham: Talent gap threatens service quality
’The insurance industry has to raise awareness and increase the knowledge of what insurance is all about,’ says chief executive
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AI code of conduct for insurance industry launched
’It’s a code built on general principles as much as detail,’ says director
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Davies secures government funding for new initiative to plug data skills gap
’The skills shortage is increasingly applying pressure to the sector,’ says vice president
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Top 10 London market insurers for ‘outstanding’ claims service revealed
’Claims service across the London market has improved this year,’ says managing director
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Three insurance products could be under FCA spotlight as Consumer Duty warning issued
’We’ve seen wake-up calls for savings firms, investment platforms and Gap insurance providers,’ says managing director