Latest News – Page 29
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News
MGA announces leadership changes after receiving investment
MGA says moves ’position it as a market leader in construction and engineering insurance’
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Gallagher makes new c-suite hire to boost claims function
’His multidisciplinary background in underwriting, claims and broking uniquely positions him to anticipate client needs,’ says statement
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Markel aims at better service by balancing hybrid working with broker demands
’Brokers have faced challenges with insurer responsiveness since the pandemic, but Markel is committed to getting this right,’ says divisional director
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New specialist MGA launches in UK with two capacity providers
’We’ve really hit the ground running,’ says managing director
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LMA unveils framework for under-modelled cyber risks
’One of the standout features of our report is its focus on the aggregation potential of cyber risks,’ says chair
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Specialist MGA expands panel of insurers
’We continue to broaden our insurer panel and deliver outstanding solutions for our brokers,’ says managing director
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Midlands flooding impacts over 7,000 buildings – ICEYE
’The ICEYE team is actively monitoring the Midlands and is focusing on the most affected areas,’ says statement
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Insurance firms to integrate under one brand to bolster claims service
’The aim of the integration is to capitalise on the complementary strengths of both businesses,’ says statement
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Top 50 firm acquires broker to expand telematics offering
The acquired firm employs over 50 people and serves 7,000 live policyholders
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Arch announces new EU chief executive
’His considerable underwriting expertise and leadership experience will be critical,’ says director
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News Analysis
James Kruger: Industry must develop a sense of adventure as client demands increase
Capgemini’s UK head of insurance divulges his firm’s top insurance trends for 2025
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News
Brown and Brown rolls out rebrand as part of One Retail strategic plan
Intermediary group doubling down on standardisation project after raft of M&A led to “fragmented” business and operations, says UK retail chief executive
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High Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories from 6 to 10 January 2025
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The biggest people moves this week
Insurance Times rounds up the biggest appointments and promotions from 6 to 10 January 2025
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Insurance provider acquires marine specialist
’This strategic acquisition is an exciting development,’ says chief executive
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Brown and Brown acquires specialist broker
’We look forward to the opportunities this partnership will bring,’ says statement
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News
Aviva expands trading office with five new appointments for brokers
’The appointments we’ve announced today underpin our commitment to being our broking partners’ first port of call,’ says branch manager
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Xceedance appoints new chief digital and AI officer
’He will reimagine the future-state operating model for insurance,’ says president
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UK insurance M&A deals rose last year after slower 2023
’The focus on cost efficiencies, scale and simplification of operating models and product ranges is motivating both acquisitions and sales of insurance businesses,’ says UK insurance strategy and transactions
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