Latest News – Page 11
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Insurance firms built on ‘an AI substrate’ will thrive – Lemonade’s Daniel Schreiber
‘Our customer satisfaction scores go up every time we move something from humans to AI,’ says chief executive
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Scottish broker to rebrand as Howden announces acquisition
’The addition will further bolster our Howden Scotland business,’ says chief executive
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Gallagher appoints new UK MD for retail broking and placement
‘My focus going forward will be on expanding our broking proposition and further strengthening those client-centric partnerships,’ says appointee
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IUA announces new chief executive as veteran steps down after 20 years
’It has been a privilege to lead the IUA for the past 20 years and I have been fortunate to work with many exceptional and inspiring people across the London market,’ says departing boss
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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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Insurers and MGAs view lack of digitisation as a threat to competitiveness
However, not all firms are fully digitising their operations
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Close Brothers Premium Finance announces senior management change
‘This new structure will enable us to better align our expertise, foster collaboration across the business and empower the teams as we pursue the business’ growth objectives,’ says chief executive
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Davies launches delegated authority management service with key hire
’This service will allow clients to focus on growth while ensuring compliance without the need to build out their own management functions,’ director says
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UK M&A activity increases in 2024 despite shift in investor focus
’The market remains frothy, and while I can’t predict the future, it is ripe for more consolidation in 2025,’ says head
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Lloyd’s broker announces senior promotions following resignations
’These promotions are very well deserved and I am delighted that we can recognise and reward our hard-working and dedicated employees,’ says chief executive
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Aon announces leadership change as president steps down
’On behalf of our 60,000 colleagues, I want to thank him for his leadership and the depth of the contributions he made,’ says chief executive
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Aventum-owned MGA secures new capacity as it continues to grow portfolio
’The agreement further strengthens our ability to offer clients comprehensive, world-class coverage,’ says underwriter
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MS Amlin posts underwriting profit growth in full-year financial results
‘This performance reflects the fact that MS Amlin is able to deliver strong results, year after year,’ says chief executive
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Bspoke Group acquires subscription-based insurtech in expansion drive
‘We’re ready to unlock new opportunities and take our offering to the next level,’ says founder
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Insurers still charging ‘excessive’ interest to pay monthly, Which? warns
’For millions to face excessive charges due to their circumstances is unfair – and exactly the kind of issue the FCA should address,’ says director
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Sabre posts COR of 84.2% for 2024
’We grew strongly in the first half of the year when market conditions were attractive and we maintained our strict underwriting discipline despite a steep decline in market prices during the second half,’ says chief executive
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Brown and Brown-owned MGA secures new £250m capacity deal with Zurich UK
Zurich UK says the deal is an important part of its retail growth strategy
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Jensten launches new broker network
’We know just what it takes to support our network members throughout the lifecycle of their brokerage journeys,’ says network director
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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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Markel merges three businesses and names new chief executive for joint venture
’Our work going forward will ensure that we make decisions as close to the customer as possible,’ says chief executive