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Pen boosts yacht hull capacity by 50%
Pen Underwriting has increased its yacht hull limit by 50% to $/€15m with immediate effect.
CFC rolls out digital trading for startup tech scheme
CFC has promised UK brokers “fast, frictionless access” to complex commercial insurance for startup technology companies as the provider made its scheme available for digital trading on its Connect platform.
Ex-Markel boss Galjaard joins Acrisure
Neil Galjaard, formerly managing director of Markel UK, has joined Acrisure UK Broking as non-executive director for the managing general agents businesses.
Intact’s head of financial crime Sumner set to exit
Intact Insurance UK’s director of counter fraud and financial crime, Adele Sumner, will be leaving on 30 June after 27 years at the provider.
Atec migrates 140,000 policyholder book to MGA
Atec Group has migrated its book of 140,000 add-on policyholders from legal expenses provider Arc to rival MGA Addept Insurance Services.
JMG strikes three deals across the country
JMG Group has bought brokers in London and West Sussex, along with an Aberdeen-based health and safety consultancy, Insurance Age can reveal.
MGA Flock to launch more products as Admiral deal finalised
Admiral Group has completed its acquisition of digital commercial fleet managing general agent Flock, following regulatory approval.
Fortegra looks to UK growth as sale to DB Insurance completes
Korean insurer DB has completed the purchase of US-based global specialty insurer The Fortegra Group, which provides capacity to UK managing general agents.
Sam Geddes named CEO of Santam Syndicate 1918
Santam Syndicate 1918, part of Africa’s largest non-life insurer Santam Group, has appointed Sam Geddes as CEO based in London.
Insight
Aviva doubling down for customers, says Martin
Aviva is committed to pushing on with an “absolute focus on customer” and will continue “doubling down”, David Martin, managing director for UK commercial and chief distribution officer, told Insurance Age as he teased a “major new proposition” pencilled in for the end of the third quarter will catch brokers’ eyes.
Intact on a ‘great trajectory’ as it continues product migration – Grosscurth
Tovah Grosscurth, Intact UK commercial lines MD, has updated on the insurer’s migration of products and how it is the “one to watch” in its drive for top spot.
Axa’s Jon Walker on consistency for brokers in new role
Having been made CEO of newly created Axa Insurance UK in March, Jon Walker sets out his approach to the role and what the provider is doing for brokers.
Markerstudy to sell MGA business with CUO Humphreys poised to exit
Markerstudy Group is set to sell its managing general agent arm to the parent company of insurer Tradex as it focuses on broking, Insurance Age has learned.
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