Latest News – Page 302
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PIB Group buys Nottingham-based broker to expand northern footprint
The acquisition will form part of PIB Group’s specialty division
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MGA Rokstone promotes internally for managing director role
The candidate is ‘one of the brightest new talents in the market’, says chief executive
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Markerstudy Group appoints two new non-executive directors
Both hires have had ‘illustrious careers in the insurance industry’
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QBE European Operations bags Collinson Group managing director for newly created role
The new chief customer officer position is ‘at the heart’ of the insurer’s business and customer strategy
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Lloyd’s bounces back from 2020 loss with £1.4bn profit before tax for H1 2021
Chief executive Neal notes that the market has produced a ‘strong set of financial results’ despite paying out nearly £10bn in claims – including for Covid-hit customers
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Data-driven insurtech launches to put transparency and fairness at heart of UK motor market
Insurance Times gets the exclusive first interview with Adiona founder Paul Harvey, who aims ‘to create a consumer brand in insurance that people love’
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Davies set to buy Lloyd’s managing agent
The deal adds significant strength and reach to Davies’ global insurance services practice
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Marshmallow becomes latest insurtech unicorn
The insurtech’s headcount has also increased by more than by 200% in the past year - it expects to hire 400 people over the next 24 months
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BGL Group explores multimillion-pound sale of its insurance arm
The broker distributes policies for the likes of Marks and Spencer and the RAC
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Former Brightside chief exec McCafferty takes on non-exec role at NPA Insurance
McCafferty feels NPAI ‘has genuine potential for growth in what is currently a difficult market for brokers’
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Markerstudy hires ex-Brightside boss as its new trading director for SME
The candidate has more than 30 years of experience in the insurance industry, with tenures at Jelf, Marsh and Towergate Insurance
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Axa sells insurance operations in Gulf region
The cash consideration for the deal with Gulf Insurance Group amounts to $264m
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NuVenture launches new MGA offering specialist insurance to care sector
It is the second MGA NuVenture has launched in the space of two months
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Nearly half of UK renters don’t have contents insurance – Trōv
Not a single renter surveyed by the insurtech had used a specialist broker to help them buy insurance
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Pen Underwriting appoints newly created head of technology role from Hiscox
The hire of the ‘established insurance heavyweight’ aims to help the MGA branch into a new market niche
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Zurich Insurance UK signs three-year green parts deal with vehicle recycling company
The partnership aligns with Zurich’s ambition to ‘embed sustainability across our business’
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Broadway Insurance Brokers surpasses first year forecast amid pandemic
Broadway’s chief executive says there will be more ‘senior, strategic’ appointments too
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Ethos Broking appoints commercial director from Marsh
Chief executive believes the new hire ‘is a perfect match for the business’ who will ‘make an impact quickly’
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PIB Group improves adjusted EBITDA by 41% for 2020
After completing a host of acquisitions last year, the broker has its sights set on further international growth and plans for ‘new territories to add to the group’
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ATEC Group secures partnership with price comparison website
The new non-standard home insurance offering aims to meet increasing customer demand in a ‘hugely underserved’ market