Oval has acquired independently owned Lloyd's broker Lochain Patrick.

Oval said the acquisition of the marine brokerage would take it to £43m net revenue.

The company also announced the appointment of Rachel Gilliam as head of private clients.

Gilliam joins from Aon where she headed the central region of the private clients division.

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.