Commercial Lines
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News
Aventum-owned MGA hires to lead treaty push in specialty reinsurance
Appointee ‘brings deep technical knowledge and strategic insight’, says global chief executive
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Aviva leader to take on chief executive role at Probitas 1492
’Over the last decade, Bathia has built an incredibly successful Lloyd’s franchise and paved the way for Aviva’s entry to the Lloyd’s market,’ says chief executive
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Global commercial insurance rates fall for third consecutive quarter – Marsh
‘We expect the overall trend to continue and for insurer competition to intensify, barring unforeseen changes in conditions,’ says global placement president
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Cowbell targets £902bn UK tech sector with cyber and PI launch
‘Our experienced team of underwriters are looking forward to deepening relationships with brokers and further developing our digital distribution capabilities to better serve the UK market,’ says vice-president
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MGA targets geographical expansion as new CFO appointed
‘Copeland has an accomplished financial background with considerable experience in the Bermuda multiline (re)insurance industry, as well as in the investment sector’, says managing partner
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Partnership launches major new drone and Evtol insurance facility
‘We’re also excited because the facility provides the opportunity to support the rapidly expanding field of drone passenger services, or Evtol ’, says founder and managing director
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Brokers call on insurers to make more products available on software platforms
‘These results underline the importance of improving digital accessibility and usability in the commercial motor insurance market,’ says head of schemes
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Covéa collaborates with brokers on data sharing and risk management – Georges de Macedo
Chief executive emphasises that ‘good relationships with brokers’ is ‘very important’ for the insurer
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Strengthening resilience first step to closing the cyber risk protection gap
Cyber resilience is ’one of the most systemically important issues of our time,’ says chief executive
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Allianz UK appoints commercial CUO and CTO
’With both having experience of Allianz and, more importantly, extensive expertise in their areas, I am convinced that they will contribute to the company’s continued success and innovation in the insurance sector,’ says interim managing director
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Ardonagh posts 24% increase in income for 2024
Last year ’was a coming of age for Ardonagh,’ says group chief executive
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Revealed: Insurance Times Claims Excellence Awards finalists 2025
The awards are designed to recognise the best and brightest in the UK insurance claims sector
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Full Five Star Rating Report: Commercial and Personal Lines 2024/25 is now available
Insurance Times reveals full insurer rankings on service across both commercial and personal lines, with 16 insurers included in 2025’s final report
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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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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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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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Agricultural broker launches new account executive academy
The programme allows participants to engage directly with insurer partners
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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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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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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