Commercial Lines – Page 10
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MGA launches unoccupied property product after broker feedback
’Our short-term unoccupied property insurance addresses the specific risks associated with unoccupied properties,’ says managing director
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Former Howden and WTW executive joins Ardonagh-owned broker
Head says his expertise ’made him the perfect person for this position’
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Financial lines specialty MGA wrap aims to fill D&O gap
The new specialist D&O product ’provides broader personal asset protection whilst enhancing brokers’ ability to retain or win business,’ says director
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PE firm set to sell Open GI as ‘definitive agreement’ confirmed
’The transfer of ownership is expected to be completed in the fourth quarter,’ a spokesperson said
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Underwriters worried about being replaced by AI – Hyperexponential
’Actuaries and underwriters can add significantly more value by embracing and leveraging AI,’ says chief executive and co-founder
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MGA launches new property arm and announces senior hire
’This expansion allows us to offer a more comprehensive and innovative product range,’ says appointee
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Axa XL expands UK cyber team
’Cyber remains a top concern amongst our clients and that’s why we’re expanding our UK cyber team,’ says head
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New underwriter set to launch with ex-Hiscox and AIG leader as chief executive
Chairman says the firm can ’fill a gap in the market’
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Revealed: Which firms won at the Tech and Innovation Awards 2024?
Double wins and debut successes at the 2024 Tech and Innovation Awards – was your firm among the winners?
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New syndicate secures in principle approval from Lloyd’s
’We believe that our expertise and specialist knowledge in credit and financial risks makes for a uniquely attractive opportunity to work at Lloyd’s,’ says chief executive
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Zurich evolves net zero plan to better support global economy’s transition journey
The insurer’s four pillar road map includes insurance-related targets that will see the firm engage with heavy emission customers to support net zero transitions
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Aon broker boss joins LMG
’Her global experience in insurance will add an invaluable voice to the LMG board,’ says chair
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Crowdstrike IT outage could prompt ‘greater demand for cyber cover’
Cyber ’losses stemming from non-malicious causes’ are ’underserviced in the current market’, says head of London markets
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Reducing exclusions can boost customer trust and profitability – Holmes
’Reducing or eliminating certain exclusions could enhance customer experiences and underwriting profitability,’ says chief executive
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London market surpasses £100bn for first time
’Companies continue to invest in London operations,’ says chief executive
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Specialist MGA gains Lloyd’s coverholder status
’As a Lloyd’s coverholder, we are strategically positioned to further elevate the scope and quality of our services,’ says chief executive
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‘New breed’ of MGAs spearheading sector growth – Xceedance
A hybrid fronting model for MGA capacity is gaining more traction, says head of commercial insurance and distribution
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Consilium appoints new COO
The appointee ’has spent her career delivering operational excellence,’ says joint chief executive
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Arc Legal inks deal with specialist MGA to tackle employers’ liability gap
’This deal compliments our increasing market share in commercial legal expenses insurance,’ says head of partnerships
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Shift from ‘greed to need’ drives fraud surge across personal and commercial lines – Allianz's Burge
’I see a shift from greed to need – people now feel they need to commit fraud,’ says head of counter fraud