Latest News – Page 6
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News
MGA expands combined liability coverage to include contractors
’It makes sense to broaden our horizons and to complement our core engineering products,’ says underwriter
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Crash for cash scheme lands Bradford man in prison for two years
’Higgins thought he could take his insurer for a ride and defraud it out of a significant sum of money. Fraudulent claims like this push up the cost of insurance premiums for honest policyholders,’ says detective constable
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Scottish broker rebrands after being acquired by Partners&
The change represents ’our full alignment with the wider business, uniting under one singular, forward-thinking brand’, says broker
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Car and home insurance customers save £100m as instalment costs fall
Consumer Intelligence suggest the fall was ’driven by increasing competition and regulatory pressure’
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Beazley promotes for new head of international cyber risks
’I have seen her build an impressive market reputation as a leader in the cyber space,’ says head
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Insurance DataLab appoints two insurance veterans to advisory board
’Both bring extensive experience across underwriting, strategy and distribution,’ says co-founder
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Lloyd’s broker integrates businesses under unified brand
’As we move forward together, our businesses are unified in terms of quality of service and in providing tailored and innovative solutions to meet the unique needs of every client, agent, broker or underwriter,’ says chairman
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Agricultural broker makes senior hire as part of Northamptonshire expansion
’The family and employee-owned company’s commitment to providing specialist agricultural insurance solutions aligns perfectly with my experience and passion,’ says appointee
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Newmarket-based independent broker completes MBO after shareholders depart
’We are proud to be part of a growing movement of brokers choosing independence, service and long-term value over short-term exits,’ says chief executive
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Insurance veteran appointed M&A chief executive at insurance consultant
’His wealth of experience, combined with our unique business growth platform, will create some very exciting opportunities,’ says chief executive
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Acorn Group grows GWP by 41% in 2024 as COR remains below 90%
’We’ve seen strong growth across all key lines, driven by smart underwriting, advanced pricing and a deep understanding of our customers’ needs,’ says chief executive
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High Five: Catch up on the biggest exclusive stories this week
Insurance Times rounds up the biggest exclusive stories from 31 March to 4 April 2025
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Fantasy Football: Howden and Fortegra’s John King Q&A
Insurance Times talks to the Howden independent non-executive director and chair at both ITC Compliance and Fortegra Insurance about his strong performance in Fantasy Football this season
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Motor premiums see rate of decline slow
‘The rate of decline is clearly losing momentum and we’re seeing stark differences across age groups and regions,’ says director
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Ex-Hiscox leader joins broker as director of niches and schemes
’Her extensive experience and people-centric approach make her a perfect fit for SRG,’ says managing director
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Webinar
Watch: TechTalk Live webinar in association with Hiscox
In this webinar, expert panellists joined editor Katie Scott to discuss how the industry can enhance efficiency and performance using artificial intelligence (AI).
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Ardonagh-owned broker inks new deal with Aviva
’This new partnership combines our underwriting and claims expertise,’ says managing director
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Ardonagh Advisory acquires Liverpool-based broker
’This partnership offers the platform and resources to further grow our business,’ say directors
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Gallagher acquires London-based commercial broker
’The business has a fantastic team that has in-depth understanding of the risks facing clients in the real estate sector,’ says regional managing director
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Higher cyber premiums ’may incentivise attackers to escalate threats’
’You are 167 times more likely to be a victim of a cyber attack than a burglary,’ says Gallagher Re chief executive