Commercial Lines articles – Page 2
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News
Leeds-based duo launch new broker
’I now have the opportunity to work closely with my childhood friend and it’s a dream come true,’ says co-founder
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News Analysis
Solicitors secure premium benefits as professional indemnity market stabilises
Although the majority of legal professionals are now enjoying ‘favourable’ PI premiums, ‘smaller firms and firms doing property work still face challenges’ finding affordable cover
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IT Interview
Alex Jomaa: Brokers ‘have been let down by insurers’ on customer cyber education
’What you have to keep in mind about the cyber crime industry is that it is an industry, that it is hugely lucrative and is dependent upon skilled technicians to deliver the various stages of an attack with different skill sets,’ says CUO
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News
Axa XL shakes up UK and Lloyd’s specialty team with leadership hires
The appointees ’will play a key role in supercharging our entire specialty function,’ says chief underwriting officer
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News
Cyber MGA expands into mid-market
’Our aim is to make it easier for brokers to provide clients with access to insurance without getting bogged down with lengthy exchanges,’ says chief underwriting officer
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News
Agricultural broker launches new account executive academy
The programme allows participants to engage directly with insurer partners
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News
WATCH: Palestine Action protestors target Allianz City office in latest protest
Activists from protest group Palestine Action have climbed and occupied Allianz’s Gracechurch Street location in the latest of a string of protests aimed at the insurer
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News Analysis
Briefing: Soft market should steer commercial brokers towards growth and efficiency focused road maps
The insurance industry is often a weathervane for the UK economy – the government would be wise to listen to broker learnings from client conversations
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News
Aviva hopes to create ‘standout specialty market’ in 2025 using Probitas purchase
Last year’s M&A transaction has enabled the united company to write ‘accounts that neither Aviva nor Probitas on their own would have written prior to [the] deal’, says UKGI chief executive
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IT Interview
Mike Edgeley: The Clear Group targets ‘a proper global proposition’ through European M&A
Group chief executive places Germany and the Netherlands in his crosshairs for buy and build expansion model that mimics ‘what we’ve done in the UK’
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IT Interview
Jason Storah: Aviva ‘ruthlessly consistent’ and ‘ruthlessly boring’ in delivering service promises
UK general insurance chief executive defined the insurer’s 2024 growth journey as ‘appropriate, consistent and disciplined’
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IT Interview
Mark Plews: ‘Proactive’ risk management is ‘an increasing part’ of Markel UK’s service for care sector
Insurer is determined ‘to highlight that it is [a] false saving to reduce investment [on] risk management’, says underwriting director
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News
Cyber insurance growth brings range of challenges for insurers
’Cyber insurance is unlike other lines, such as household, where insurers would limit the number of insured properties in high-risk areas,’ says senior insurance analyst
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IT Interview
Gareth Hemming: Hiscox carrying ‘positive momentum’ on broker sentiment into 2025
’We’re clear on where we want to go in terms of strategy and growth, but we’re going to do it in a way that’s informed by broker feedback and input,’ says specialist insurer’s head of distribution
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News
Cyber MGA inks deal with RSA to launch new London market facility
President says deal ’will help our clients and broker partners build insurance towers efficiently’
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News
‘Watch this space’ – Aventum-owned MGA hints at further Lloyd’s expansion
’As we onboard new teams and expand our underwriting capabilities, our need for additional box space at Lloyd’s will naturally grow,’ says managing director
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IT Interview
Parisa Kheradmand: Claims Excellence Young Achiever Award winner on ‘championing inclusion’
’This award reminds me that I am enough – just as I am – and that my contributions are worthy of recognition and are valued,’ says marine surveyor and MCL adjuster
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News
Lockton appoints former Marsh chief executive to lead aviation team
’Aviation is a dynamic sector facing complex challenges, from supply chain disruptions and evolving safety regulations to emerging risks in sustainability and digital transformation,’ says new appointee
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News
CFC launches automated portfolio quoting for UK brokers
’Our portfolio quoting service isn’t just about eliminating manual data input and tedious applications forms, it can open the door to significant growth opportunities within existing books of business,’ says distribution director
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News
Howden creates aviation division via double broker acquisition
’Forming a new aviation division and a new Howden Leicester office for general insurance business is a challenge that the team and I are really looking forward to,’ says new division head