Latest News – Page 9
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Ardonagh posts 24% increase in income for 2024
Last year ’was a coming of age for Ardonagh,’ says group chief executive
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Up to 250 RSA jobs at risk after insurer’s decision to exit personal lines market
Insurer says there ’will be a small reduction in roles in September, with the majority of the reductions throughout 2026’
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Commercial insurers view risk digitisation as key area for investment
‘Insurers that effectively harness and scale AI to digitise risk workflows will have an enduring and growing advantage in the years ahead’ says chief executive
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Argenta grows energy liability team with new hire
‘Her leadership in portfolio development and technical underwriting will strengthen our proposition and support our clients,’ says head
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Donaldson’s new Ardonagh role revealed as broker launches global data and technology arm
The new unit will make the most of robotics, machine learning and data enrichment
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London market bodies launch misconduct training programme after FCA request
’The workshops are designed to equip key stakeholders across the insurance sector with the knowledge, tools and strategies needed to enhance workplace culture, governance and compliance with FCA expectations,’ says chief executive
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Commercial £4m GWP broker acquired after 19 years
’This acquisition further strengthens our presence in the Midlands,’ says managing director
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New MGA specialising in marine sector launched
The firm ’launches at a time of considerable geopolitical instability’, says managing director
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Ardonagh ‘close to securing up to $2.5bn from investors’
The proceeds would reportedly be used to fund growth opportunities
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Motor market currently ‘at about the softest point in the cycle’ – Geoff Carter
‘Our view is that the market is substantially underpriced on new business at the moment – the pendulum has swung too far,’ says chief executive
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Insurers ‘aren’t promoting’ telematics enough to consumers
’The richness and relevance of telematics data remain invaluable to insurers committed to fair pricing and improved road safety,’ says head
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Motorists see biggest annual fall in car insurance premiums since 2014
The trend has been largely driven by ‘easing claims inflation and frequency’
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FCA unveils new five-year strategy to ‘support growth’ and ‘deepen trust’
’We are ambitious for the future and committed to enabling a fair and thriving financial services market for the good of consumers and the economy,’ says chief executive
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Pro-Palestine protesters climb Guardian Royal Exchange in insurance protest
Axa, Allianz and Aviva were the insurers being targeted
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Benefact-owned charity specialist acquires Chesterfield-based broker
’We are pleased to now have a hub in Derbyshire for the advantage of our staff and clients based in the north,’ says chief executive
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Revealed: Insurance Times Claims Excellence Awards finalists 2025
The awards are designed to recognise the best and brightest in the UK insurance claims sector
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Employee-owned CPRI broker secures investment from PE firm
’It is time to revert to our origins by partnering with external minority shareholders, while retaining majority employee-ownership and our specialisation,’ says founder
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Howden to make major UK acquisition to form new ‘global force in employee benefits’
’Together, we will take a leading position in our home markets of the UK and Ireland in employee benefits, as well as in insurance broking,’ says David Howden
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Ageas UK extends home cover partnership with Post Office for further five years
Chief executive describes deal as ‘strong example’ of the insurer’s ‘deep partnership DNA’
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Brokers giving off ‘mixed signals’ over confidence in non-standard market
’The survey results paint a picture of a dynamic but cautious market,’ says managing director