Latest News – Page 27
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London MGA appoints Arch broking leader as head of sales and distribution
’It’s great that we’ve secured someone of his calibre and experience to lead our business development,’ says chief executive
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Carlisle broker appoints newly qualified teenage apprentice to leadership role
The 19-year-old started her apprenticeship with the broker following her GCSEs
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LMG appoints Chubb leader to board as IUA representative
’I look forward to engaging with my fellow board members to shape and support the work of the LMG going forward,’ says appointee
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Allianz issues EV battery warning after £6.5m spent to cover fires
’The severity and financial impact of lithium-ion battery fires are considerable,’ says head of motor trade
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New construction-focused London market committee launched
The committee has been created by the International Underwriting Association
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Flood warning insurtech promotes for new chief operating officer
’I am thrilled to be bringing my skills and experience to this new role,’ says appointee
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Hiscox boosts regional broker strategy as three-year deal signed
’This three-year renewal demonstrates our commitment to investing in technology that enhances how we serve our broker partners,’ says broker sales director
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UK group’s commercial broking arm appoints ex-Aon and Hiscox leader as MD
’His expertise and leadership will be instrumental as we continue to strengthen our position in the market,’ says chief revenue officer
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Aviva to launch new digital products and modularise eTraded commercial combined offering
The eTrading product update is designed to give brokers greater flexibility and increased confidence to place larger, more complex risks online, says SME and delegated authorities managing director
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ABI and MGAA team up to boost sector collaboration
’We aim to create greater awareness of core priorities and knowledge sharing for insurance firms and their customers,’ says chief executive
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MGA warns that no win, no fee firms threaten insurers’ stability
’Without stricter regulation, these firms will continue to drive up costs, create unnecessary complexity and undermine consumer confidence,’ says claims director
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Flood Re urges government to invest £1bn annually in flood defences
’We must continue to mitigate the damage caused by flooding to ensure the insurance market has the ability to provide affordable cover to those at risk,’ says director of communications and transition
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Marsh announces new UK chair as insurance veteran to depart
’His advice will be invaluable as we enhance our operations, develop innovative solutions for our clients and grow our UK business,’ says chief executive
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MGA hires Axa leader and ex-Hiscox boss as new chief underwriting officer
’We believe he is poised to drive innovation and excellence within our organisation and are very fortunate to have him on board,’ says executive chairman
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London-based wholesale broker unveils new MGA as it announces restructure
’We are excited to unveil this new structure, which will further strengthen our underwriting capabilities,’ says chief executive
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FCA reveals how many general insurance firms breached financial promotion rules
’We have stepped up our efforts to make sure that financial promotions are clear, fair and accurate,’ says director
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Aon appoints new chief operating officer for UK, Ireland and South Africa
’I’m delighted that he has joined Aon,’ says UK chief executive
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Motor premiums see largest monthly drop since May 2024
’The market has now seen 10 consecutive months of falling motor insurance premiums,’ says director
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Carbon Underwriting appoints insurance veterans to board
’Their combined entrepreneurial spirit and deep underwriting expertise make them the perfect addition to our team,’ says chief executive
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Allianz detected £157.24m in fraudulent claims in 2024
’Insurance fraud is a serious problem that pushes up the cost of policies for honest consumers and adds to insurers’ costs,’ says director of fraud