Latest News – Page 64
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NewsThis week’s biggest M&A stories
Insurance Times rounds up the biggest M&A stories from 16 to 20 June 2025
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NewsEducation key to lessen impact of climate disasters on those uninsured – RSA’s Ken Norgrove
Chief executive says communication is key to reducing losses
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NewsDirector of Seventeen Group-owned MGA retires after more than 40 years in insurance
’I’ve had the privilege to work alongside some of the brightest and most dedicated people in the business,’ says director
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NewsHiscox UK appoints new trading director for HNW, art and collections
’We have an exciting ambition for our HNW business and I’m looking forward to working with the team and our distribution partners to bring this to life,’ says appointee
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NewsBroker non-executive director ‘honoured’ after receiving OBE
’It is such an honour to be receiving this award for a job that I love doing,’ says non-executive director
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NewsCarlisle-based broker appoints ex-Hedron leader as broker manager
’I want to put us more firmly on the map within the insurance markets to benefit our customers, the insurers and our business,’ says appointee
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NewsMore UK insurance customers warming to AI use in industry
Comfort with insurers’ usage of AI is growing, especially among regular AI users
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NewsCar insurance premiums continue ‘retreat’ from all-time high in 2023
’The current trend of market consolidation and fear of losing scale to a handful of mega-insurers may be a contributor as insurers continue to drop rates to remain competitive,’ says head
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NewsMGA secures new liability capacity for motorsport, leisure and groundworkers lines
’Each of these three sectors requires dedicated expertise and we’re proud to be offering brokers targeted products and specialist underwriting,’ says underwriting director
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NewsGoogle warns that hackers are targeting insurance firms
‘The insurance industry should be on high alert,’ says chief analyst
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NewsAllianz UK set to cut 650 jobs by end of 2025
’We are investing in a multiyear transformation programme to become a simpler, digital-led, leaner business,’ says Allianz UK spokesperson
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NewsPen Underwriting promotes for new head of digital eTrade
’He and his team will collaborate closely with each of our trading divisions, providing full operational and technical support,’ says chief operating officer
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NewsMcGill and Partners launches cyber proposition for battery energy storage market
’We’re proud to develop a solution for a sector that plays a critical part in the energy transition, ensuring our clients are appropriately protected,’ says partner
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NewsAllianzGI appoints former Citi executive as chief economist
‘He joins us with a rare ability to be able to marry a deep understanding of both European and global long-term economic forecasting with short-term data interpretation,’ says leader
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NewsAtec announces first acquisition since securing PE backing
’It is the perfect stepping stone for Atec into the SME space,’ says chief executive
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NewsLloyd’s must ‘redouble efforts’ to maintain global standing – New chair Roxburgh
’I’m very reassured, returning to the market after 30 years when I first worked in it, that that edge is still there,’ says market chair
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NewsThe Clear Group acquires £14.5m GWP family-owned broker
’This acquisition reinforces our strategy of investing in high quality businesses with specialist offerings and strong cultural alignment,’ says chief executive
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NewsAviva enhances self-serve capability with new tool to improve broker responsiveness
’We want to be visible, responsive and deliver flawlessly for brokers,’ says director
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NewsLondon-based broker becomes insurance broker partner of motorsport body
’This new partnership is part of building a contemporary insurance model that better aligns with a member-first strategy,’ says chief executive
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NewsStrategic clarity needed to guide increasing AI uptake – Hyperexponential
‘The insurers who succeed will be those who treat it as a company-wide objective, not just a department-led experiment,’ says chief executive




























