All articles by Katie Scott
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News
OneAdvent plans US expansion in 2026 ‘to attract ambitious, bigger MGAs’ – Tim Quayle
Chief executive confirms additional plans around underwriting capabilities and capacity that he hopes to get off the ground next year too
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News
Backchat: September 2025
Barking mad pet claims, news of an upcoming nuptial, Square Mile stunt doubles and an afternoon at the races. What has the insurance industry been up to of late? You heard it here first…
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News Analysis
Opinion: Are micro firms buying commercial covers like a personal lines customer?
Market feedback has revealed that micro businesses of less than 10 staff could fall victim to buying commercial covers with a personal lines mindset, risking underinsurance and coverage gaps – how can the sector mitigate this?
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News
‘Nowhere near’ drawing line under ‘legal system abuse’ – AM Best
US-based litigation funding is impacting social inflation – a key concern for casualty reinsurers, says credit rating agency
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News
Lloyd’s of London is ‘a highly compelling platform for third party capital’
The marketplace’s London Bridge 2 model ‘complements’ reinsurance’s alternative capital tools, such as catastrophe bonds, says Lloyd’s and London market leader
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News
Risk modelling presents opportunity to plug protection gaps – Verisk
Data from risk models could be used to show reinsurers where to ‘spread their capacity’ – or shine a light on ‘over exposed’ areas that firms should instead pull out of
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News
Does Sompo’s ‘shock’ purchase of Aspen signal a new wave of reinsurance M&A?
Following a stagnant period of acquisition activity in reinsurance, ‘inorganic growth’ could now be ‘possible and desirable’ thanks to excess market capital and a drive for diversification
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News
MGAs are ‘at the forefront of innovation’ and could be the next ‘huge success story’ for reinsurance – AM Best
Expert believes that reinsurers need to be looking for the next growth area to engage in and steer, following the trajectory of the profitable cyber insurance market
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IT Interview
Mandy Hunt: The leader steering Clear Group’s MGA ambitions from ‘outside my comfort zone’
The broker and insurer alumnus is now firmly in the MGA market, with big plans around post-acquisition rebranding and new business incubation set to be delivered in the next 12 months
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News
Growth in a soft market should not be labelled as ‘inherently bad’ – Gallagher Re
Although reinsurance rate growth is experiencing a slowdown, other levers – such as acquisitions or managing risk exposure – can help to bolster business growth during 2025’s softer market conditions, says broker experts
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News
Cat bonds see ‘record issuance’ in 2025’s H1 as alternative capital comes out of hibernation – Moody’s Ratings
The use of alternative capital models in the first six months of this year has already exceeded 2024’s full-year total, says credit rating agency
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News
Carriers’ cyber confidence sees new product creation continue ‘at a rapid pace’ – Gallagher Re
Regional carriers in the international market are ‘looking to set up a new cyber product for one or more of personal lines, SMEs or large corporates’, says chief commercial officer
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News
Personal lines broking boss Nicola George to depart Allianz in October
Insurer has started the search for George’s replacement, however home insurance leader will fill the post on an interim basis
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News
Aon promotes internally for head of professional services role in broking function
The ‘appointment underscores the growing momentum within Aon’s broking capabilities’, says head of financial and professional services group
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News
Sompo spends $3.5bn to buy Aspen as part of diversification plan
‘Strategic acquisitions have been a key part of our growth plan to build a robust and diversified global P&C platform – and Aspen represents an excellent opportunity at the right time in the market cycle,’ says insurer’s P&C boss
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News
Markel UK has ‘very ambitious plan’ to boost eTrading service following disjointed broker scores
UK managing director says the gap between digital and underwriter led broker service presents ‘a huge opportunity’ for the insurer
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IT Interview
Lee Mooney: New UK boss gearing up to ‘change the pace’ at Markel
Rather than ‘reinvent the wheel’, managing director plans to tap into global group expertise to increase insurer’s ‘share of wallet’ with brokers and ‘dial up the pace’ on product and people volume
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News
Underwriting ‘elephant in the room’ is hampering ‘free flowing business’ – QRG Specialty
Plus, ‘inflexible’ Syndicate Business Forecast reporting could see firms declining income opportunities, says head of reinsurance and broking
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News
Hiscox attributes 6% retail growth to ‘reinvigoration of our distribution’
Group underwriting officer says ‘distribution has been key’ to insurer’s retail growth in first six months of 2025, alongside digital capability investments and a brand refresh
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News
Hiscox plans raft of new product launches for 2025’s H2
The insurer is currently crafting numerous products to launch by year-end, as well as maintaining its hunt for suitable broker scheme opportunities, says chief underwriting officer