Insurance Times rounds up the top five stories making headlines across the market from 3 November to 7 November 2025.
Among the biggest stories this week were coordinated activist protests targeting a global insurer’s international offices over alleged ties to a major defence contractor.
Activists across six countries vandalised Allianz offices in protest against the insurer’s alleged underwriting and investment ties to Elbit Systems, Israel’s main arms supplier. Coordinated groups from the UK, France, Germany, Austria, Spain and Taiwan smashed windows, sprayed buildings with paint and displayed banners calling for Allianz to “drop Elbit”.
Following this, Acies MGU launched a new London-based MGA specialising in financial lines. The new business, Subscribe MGA, will offer professional indemnity, management liability and directors’ and officers’ coverage for SME and mid-corporate clients in the UK and internationally.
Subscribe MGA is led by director of underwriting Rob McKay, formerly head of professional indemnity for London market at Manchester Underwriting Management.
Meanwhile, Fidelis Insurance Group appointed William Waddell-Dudley as its new UK chief underwriting officer. Waddell-Dudley, who has over 20 years’ London market experience, will report to group chief underwriting officer Ian Houston and join the firm’s executive leadership team.
Houston said Waddell-Dudley’s appointment reflected Fidelis’ ambition to continue its growth across underwriting lines spanning the UK.
Markerstudy also made senior news this week, appointing Victoria Price as capacity and partnerships director. Price, who joins from Allianz Personal Broker, will lead Markerstudy’s combined capacity and partnerships distribution division.
She will report to Markerstudy Distribution chief executive Emma Rawlinson, who said Price’s experience in capacity, partnerships and customer propositions would make a “positive contribution” to the group.
Finally, Manchester-based broker Principal Insurance completed the acquisition of Peart Performance Marque after the broker entered administration. The pre-packaged deal ensures continuity of cover for around 2,400 customers previously under Peart.
Principal Insurance managing director Dave Bowcock said the deal protected policyholders and allowed the business to be supported by a specialist non-standard broker.
No comments yet