Latest News – Page 5
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Ex-Acromas chief executive among senior hires at vacation rental specialist
’Their appointments align perfectly with our growth ambitions,’ says chief executive
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Aon appoints new chief broking officer for EMEA
’His journey at Aon exemplifies our dedication to developing professionals from within, creating clear pathways for growth,’ says head
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Ex-Arch and Aviva leader joins MGU as COO
’I look forward to playing my part in helping ensure it has the right technology and infrastructure in place,’ says appointee
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Allianz UK focuses on ‘balance between volume and margin’ to weather cyclical market storm
Inflation and the transition from a hard to soft market in UKGI has impacted insurers’ full-year 2024 results – but insurer chief executive emphasises the importance of disciplined underwriting in managing market cycles
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Brokers increasing interest in digital automation and GenAI – Aviva
’We will continue to work with our brokers and leverage the promise of digital technology to ensure we meet the needs of our business customers,’ says innovation director
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38-year-old broker acquired by Clear Group
’The team have reputable relationships with their clients and will fit in seamlessly with the Clear Group family,’ says chief executive
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Lloyd’s broker inks deal to launch new motor trade platform
’This platform reflects our continued investment in digital innovation and broker experience,’ says chief executive
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Commercial account executive sells book of business worth £1m GWP
’He is great at what he does as an experienced commercial account executive and we are confident that his clients will remain loyal and he will attract new customers too,’ says managing director
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Ageas UK is ‘very interested’ in embedded insurance – Ant Middle
The personal lines insurer is exploring new embedded product propositions ‘right now’ as chief executive believes this model is ‘really important to the future development of our business’
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Covéa swings back to profit but GWP drops
These results come in the middle of the insurer executing its three-year strategic plan
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Backchat: April 2025
T&Cs you can’t put down for World Book Day, confirmed cricket collaboration, PAS provider paints the town with projection and one software firm pranks the industry with April Fool’s Day joke – what has the insurance industry been up to of late? You heard it here first…
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Addept enters LEI market as capacity deal announced
’It is a market that has experienced challenges, ranging from a lack of customer understanding around the product, to the regulator’s focus on fair value and low levels of utilisation,’ says managing director
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Ex-RSA and Zurich chief executive joins MGA as chairman
’This is an industry where relationships matter and I already know and respect the people here,’ says appointee
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Employee-owned broker to open new office in Bristol
’We’re here to serve the Bristol business community and believe we offer what they are looking for in the current climate,’ says regional director
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Saga announces board reshuffle as two members step down after Ageas deal
’Their expertise in their respective fields of media and insurance have proven invaluable,’ says non-executive chairman
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Broker Insights updates decision intelligence platform
‘Our primary focus has been on creating a scalable, unified infrastructure that supports rapid future development,’ says chief executive
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Ex-broker chief executive and MP candidate joins specialist MGA
’His deep-rooted expertise in the broker market and pragmatic approach to business development will be a fantastic support to our team,’ says chief executive
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Fraud on the rise as Aviva reports fake claims up 14% in 2024
‘Investment in advanced analytics, machine learning models and continuous training for our people has significantly improved our fraud detection rates,’ says counter fraud leader
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Markel makes multiple senior hires to expand broker capabilities
’We aim to further develop broker partnerships and strengthen market presence with distribution and underwriting experts in 2025,’ says UK divisional director