Broker News – Page 69
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NewsArdonagh Advisory aims to create ‘revolution’ in network model with data and tech-enabled tool
The firm wants to ‘level the playing field’ for small and medium-sized brokers by providing greater access to different insurance markets and ‘getting service out of insurers’
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NewsAston Lark swoops to bolster London market growth
The appeal of the acquisition was the broker’s personal service focus and loyal customers, says group chief executive
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NewsMarkerstudy-owned firm aiming to ‘transform’ commercial fleet safety with AI proposition
The technology could cut claims costs by £2,000 per detected claim
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NewsGallagher Re partners to deliver home ownership proposition
The reinsurance broker has provided support to prospective home buyers
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NewsAon promotes for new UK CCO
The new appointee will take over the role from Jane Kielty, current UK head of commercial risk at the broker
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NewsInsurtech funding sees 57% dip in Q4 2022 – Gallagher Re
The UK was listed as one of seven countries for top insurtech investment in 2022 which was $200m (£162.6m) for this country
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NewsGlobal commercial insurance costs rose 4% in Q4 2022 – Marsh
The average rate of increase slowed across most lines, however
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NewsInsureds prioritising cyber cover as they cut costs elsewhere
Business interruption insurance is one product that consumers are turning away from, says broker director
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NewsNew Castleford-based broker to launch into SME market
The recently formed broker will cut the ribbon in early February
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NewsHowden posts 19% organic growth in 2022 full year financials
The broker giant also revealed a 69% increase in ebitda to £565m
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NewsInaugural Isle of Man Insurtech Accelerator Program concludes
The chief minister of the Isle of Man and independent minister of the House of Keys, as well as the senior director and insurtech innovation leader at Willis Towers Watson, were in attendance at the demonstration day
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NewsManifesto 2023: Cost of regulation for brokers at an ‘all time high’
The average costs of regulation have skyrocketed by 40% since 2019, said the trade body
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NewsManifesto 2023: Biba reveals new ESG commitments for 2023
The broker trade body has pledged to get its ‘own house in order first’, so that the support given to its members is built on a ‘strong foundation’
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LatestMovo Partnership invests in Woking-based ‘true heartland broker’
The group will work together to grow the acquired firm’s client base, as well as achieve its future ambitions
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NewsUK car insurance premiums soar by 19% in 2022
Insurers should be doing more to help consumers during difficult times, says chief executive
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NewsAcrisure’s MGAM and consultancy launch insurance for independent midwives
The product aims to ensure that midwives are ‘comfortable and confident in accessing the services they need’, says service director
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NewsNFP snaps up UK-based health and safety consultancy
The broker will now integrate health and safety offerings into its business alongside its current products and services
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NewsBrokers need more transparency and consistency with ESG client data
Greater collaboration on ESG data between reinsurers and brokers is essential to move the industry forward
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NewsFCA’s Consumer Duty provides relief for professional indemnity insurance brokers
The new rules can be used to ensure insurers ‘do not engage in sludge practices such as drawing out the time taken to pay a claim unnecessarily’, says policy and public affairs director
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NewsBusiness confidence in UK economy plummets – Aviva
The insurer’s latest report found ‘a veritable collapse’ in business outlooks
