Latest News – Page 52
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NewsMGA moves to full independence as it announces buyback of Arch’s minority shareholding
’Full independence will further enhance our ability to attract market-leading underwriters who share our long-term vision of building a specialist, diversified global marine MGA,’ says chief executive
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NewsCovid and chronic illness claims drive overhaul of LMA profit commission clauses
‘These new model clauses reduce the risk of claw-back payments, which can take years to sort out,’ says head of technical underwriting
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NewsCabinet office appoints disability and access ambassador for insurance
‘I’m deeply honoured to take up the role of disability and access ambassador for insurance – a sector that empowers people to navigate life’s uncertainties with confidence,’ says appointee
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NewsMGA launches motorhome Gap product with Financial and Legal
’We urge brokers to start selling this product again – which offers valuable protection that their clients have been missing,’ says business development manager
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NewsLloyd’s broker acquired by business solutions company
’Strategic acquisitions such as this are set to play a crucial role as we continue to scale,’ says chief commercial officer
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NewsHome insurance prices drop 3.9% in quarter to continue year-long fall
Average quoted home insurance prices fell 3.9% over the past three months, continuing a year-long trend of countrywide falls
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NewsCommercial broker handling £2m GWP acquired after 63 years
’We are excited to expand and look forward to leveraging the buying power and partnerships of a larger group,’ says director
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NewsChief executive at credit and political risk broker to step down
’She has our gratitude and of course, our full support as she dedicates this next phase to her family,’ says chairman
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NewsRecent international retail attacks ‘not big enough’ to harden cyber market
’Just based on very early discussion around this, it’s looking like this isn’t necessarily going to be a big claims event for the cyber insurance markets,’ says senior editor
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NewsSpecialist MGA completes Custodian acquisition
The acquisition will reinforce the buyer’s professional indemnity business, says statement
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NewsInvestor appetite for insurtech rises as Cuvva considers sale
‘The priority is to ensure we deliver the best value for our shareholders and Cuvva,’ says chief executive
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NewsChubb promotes new head of claims for EMEA
This promotion comes after a series of leadership changes in Europe, Middle East and Africa and North America this year
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NewsMarket reacts to motor finance commission ruling as FCA confirms redress scheme consultation
‘This ruling could have implications for the insurance industry,’ says financial services partner
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NewsAlmost half of brokers say fleet operators are not adapting to electric vehicles – Direct Commercial
’Fleets aren’t resisting the sustainability agenda – they’re navigating practical challenges at different speeds,’ says deputy chief executive
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NewsInsurer M&A shifts to smaller targets and diversification across UK and Europe
The increasing strain of regulatory pressure across Europe’s ”fragmented markets” is forcing smaller firms to merge to remain sustainable, says market intelligence provider
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NewsBroker relocates London head office for first time in 30 years
’This move represents more than just a change of address – it’s a milestone in our journey of transformation,’ says chief executive
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News‘Inherent inconsistency’ in trapped capital and retrocessional capacity could cause ‘knee jerk’ prices
‘If a substantial percentage of the retrocessional capacity is not able to renew, you’ve got an instant supply problem,’ explains head of reinsurance and broking
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NewsHigh five: Catch up on the biggest exclusive stories this week
Insurance Times rounds up the biggest exclusive stories from 28 July to 1 August 2025
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NewsFantasy Football: The top team names from the Insurance Times league
Insurance Times selects some of the best and punniest team names from the recently launched fantasy football league
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NewsThe biggest people moves this week
Insurance Times rounds up the most significant appointments, promotions and leadership changes from 28 July to 1 August 2025
