Articles by Emmanuel Kenning
Ecclesiastical powers up pet in schemes push
Ecclesiastical Insurance has partnered with Brooks Braithwaite, part of the Petcover Group, to deliver a new scheme aimed at pet professionals.
JMG adds £100m of deal firepower
JMG Group has raised an additional £100m of committed acquisition facilities from existing lender, Ares Management, Insurance Age can reveal.
Cowbell expands cyber appetite from SMEs to £1bn turnover firms
Cowbell has extended the reach of its cyber insurance beyond SMEs to cater for businesses with an annual turnover of up to £1bn.
Hug Hub stakes revolution claim with “first of its kind in the UK” extranet roll out
Hug Hub has launched Extranet Hub, an aggregator-style quote tool, claiming it is the first of its kind in the UK that promises to revolutionise commercial quoting for brokers.
Hastings names ex-Abacai leader Jamie Hay as CFO
Hastings Group has appointed Abacai founder Jamie Hay to take over as group chief financial officer during the second quarter of this year.
Ex-Towergate boss Joe Thelwell joins Aon
Aon has appointed former Towergate Insurance Brokers CEO, Joe Thelwell, as UK head of SME.
Liberty Specialty Markets takes Andrew Jackson from WTW for key broker role
Liberty Specialty Markets has added Andrew Jackson from WTW as global head of business development and market management.
Reich posts flat turnover and lower profits as sale costs bite
Reich Insurance Brokers grew turnover by a ‘marginal’ 1% to £14.82m in the year of its sale to Howden.
Insurance leaders upbeat on start to 2024 but inflation and interest rate worries remain
Almost four out of five senior insurance executives (79%) are optimistic about business growth this quarter, according to research by KPMG UK.
Travelers completes Corvus buy
The purchase of cyber specialist managing general underwriter Corvus Insurance went through on 2 January, Travelers has confirmed.
W Denis profits slip back after record year
W Denis has posted a fall in profits and turnover for the year ended 30 June 2023, slipping back from record highs the previous year.
Partners& deal prices revealed
Partners& paid out £15.2m for five purchases made in the year ended 31 March 2023, a filing at Companies House has revealed.
Insurance industry achieves FCA fine free 2023
The Financial Conduct Authority dished out £52.8m in fines in 2023, the second lowest total since the regulator was formed in 2013.
Linked integration and organic growth key to JMG success, says CEO Houghton
Delivering on integration is “a bit of an obsession”, JMG Group CEO Nick Houghton told Insurance Age, as the broker posted rising Ebitda for 2022/23.
Axa appoints Matt Field as retail intermediary director
Axa UK and Ireland has appointed ex-Aviva director Matt Field as retail intermediary director.
JMG deal bill tops £60m as purchases and organic growth boost Ebitda
Augusta Topco, the holding company for JMG Group, faced a bill of £63.2m for seven broker buys in the 2022/23 financial year, far outstripping the £17.3m of acquisition costs the year before.
CII confirms Gill White as acting CEO ahead of Vallance leaving early
The Chartered Insurance Institute has confirmed that current chief customer officer Gill White will become acting CEO at the end of December when Alan Vallance leaves ahead of schedule.
Interview: SiriusPoint’s Rob Gibbs and Alex Hardy
Regional brokers’ interest in SiriusPoint has been piqued by a slew of appointments, most notably involving ex-RSA leaders, and a high profile MGA deal. Emmanuel Kenning finds out what the insurer has to offer and what is coming next.
Lloyd’s confirms staying in iconic HQ until 2035
Lloyd’s of London has confirmed the extension of its lease to stay in its famous headquarters at One Lime Street until 2035 with an option to remain until 2040.
Allianz has all the ingredients to be the go-to on mid-market for brokers, says Carey
Dave Carey, managing director for mid-market at Allianz Commercial, is upbeat on the prospects for the insurer working in partnership with brokers as he reveals the characteristics-based underwriting approach for 2024.
Lloyd’s to stay in iconic headquarters until 2035 – report
Lloyd’s of London has struck a deal to stay in its famous headquarters at One Lime Street until at least 2035, according to the Financial Times.
Alain Zweibrucker named Axa Retail CEO
Axa has moved Alain Zweibrucker from Switzerland to become CEO of Axa Retail and a member of the UK and Ireland management committee.
FOS motor insurance complaints soar again to new five-year high
The Financial Ombudsman Service received 4,036 complaints about car and motorcycle insurance between July and September driven by disputes over vehicle valuation, customer service issues, and delays in claim settlements.
Markel International launches specialty division in international wholesale
Markel has launched a specialty practice within its international wholesale division bringing together its equine and livestock, marine and energy liability, trade credit, political risk, and surety underwriting teams, as well as its new international…