’It’s rare to find a real insurance operator who is also a heavy-hitting US investor – and a really nice guy to boot,’ says broker chief executive
UK and international chief executive is confident that the newly promoted appointee ‘will build on the momentum we have to drive our transformation [into] the UK’s best commercial lines insurer’
Broker’s executive director says this move marks ‘the next step for us to complete the jigsaw’ of its current wholesale offering
Brokers must make time to advise, influence and protect clients from underinsurance as softening market creates ideal moment in time to take advantage of competitive pricing
However, market participants will be keeping a close eye on capacity for this line of business because ’as credit limits increase, the cost of goods increase and that can create capacity issues’
‘We’re excited to bring this enhanced solution to the market and continue strengthening our specialty capabilities with our partners,’ says leader
Among the insurer’s key focuses for the next five years is developing further schemes propositions, building out its eTrading strategy and improving its regional distribution network
‘For brokers, a softening market entails an increased focus on rebroking to secure the best terms and a close examination of policy wordings to advise if cheaper [cover] fits the needs of clients,’ says director
Law firm says interpretation of ‘any one loss’ could have market-wide impact
Insurance Times rounds up the biggest exclusive stories from 19 to 23 May 2025
Promoting simplicity, collaboration and storytelling is a strong strategy brokers could employ to support cyber cover penetration among UK businesses
Markel UK has topped brokers’ commercial lines ranking for the second year running and a third time in five years, according to exclusive research from Insurance Times