Latest News – Page 8
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Insurtech launches AI suite for pricing and underwriting workflows
’Work like pricing model builds, which once took weeks or even months, can now be completed in minutes,’ says chief executive
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Strong support among brokers for MGAs’ role in niche markets
‘With many insurers withdrawing from certain classes of business, MGAs are increasingly central to brokers’ placement strategies,’ says senior claims manager
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Specialist insurer names new group managing director
’His expertise and technical insights will be instrumental in shaping decision-making,’ says chief executive
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Beazley underwriter to launch new A&H MGA later this year
’The A&H market represents over £5.4bn ($7bn) of annual premium and brokers and clients are seeking partners who can insure complex risks and provide significant capacity,’ says chief executive
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MGA secures Hiscox capacity for non-standard household products
’The addition of its A-rated capacity and expertise allows us to provide brokers with robust cover options for their clients,’ says managing director
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HDI Global snaps up ex-Arch leader for senior cyber role
’He brings a huge amount of expertise to our business,’ says corporate director of underwriting
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Sports ground stand to be renamed after broker as new sponsorship deal announced
’We look forward to working together over the coming years,’ says chief executive
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McLarens UK launches dedicated subsidence team
’Subsidence is a specialist area, with insurers seeking a professional service that prioritises quality, technical accuracy and proactive decision-making,’ says leader
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High Five: Catch up on the biggest exclusive stories this week
Insurance Times rounds up the biggest exclusive stories from 24 to 28 March 2025
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Fantasy Football: Milliman’s Ian Penfold Q&A
Insurance Times talks to Milliman’s consulting actuary about his strong performance in Fantasy Football this season
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This week’s biggest M&A stories
Insurance Times rounds up the biggest M&A stories from 24 to 28 March 2025
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The biggest people moves this week
Insurance Times rounds up the biggest moves and promotions from 24 to 28 March 2025
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LV= announces £29m in member bonuses following 2024 result
’As a mutual, members come first,’ says chief executive
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Aviva to open new regional underwriting branch to enhance broker engagement
The new branch ’underscores our unwavering commitment to strengthening our regional presence’, says chief distribution officer
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Kroll makes senior hire to expand heritage property valuation services
’Her unique blend of insurance market knowledge, RCA expertise and risk management skills position us to address a critical need in the heritage property market,’ says managing director
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Allianz UK appoints commercial CUO and CTO
’With both having experience of Allianz and, more importantly, extensive expertise in their areas, I am convinced that they will contribute to the company’s continued success and innovation in the insurance sector,’ says interim managing director
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LMA launches claims awards to recognise talent in the Lloyd’s market
’Challenges with attracting and retaining talent have been consistently raised amongst our community,’ says claims director
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Generative AI could enable 71% of working hours in the insurance sector
‘Generative AI offers a compelling opportunity to create efficiencies and significant growth across the insurance sector in the UK,’ says insurance lead
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Broker announces senior hire as it looks to open new Scottish office
’We want to build long lasting relationships based on mutual trust and professionalism with clients that reciprocate these values,’ says appointee
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Ardonagh Advisory CCO to lead broker network as interim MD
The moves come ahead of Ardonagh Advisory rebranding to Everywhen