Articles by Emmanuel Kenning
Ex-Towergate boss Mike Lawton promoted at Travelers
Travelers Europe has named Mike Lawton as chief operating officer.
Acturis rolls out AI and data-driven placement strategy offering Unify
Acturis has launched Unify, Insurance Age can reveal, an artificial intelligence and data-driven offering that can aid placement strategies with granular insights and appetite matching for brokers and insurers.
Insurance revenue up 7% at Moneysupermarket in 2024
Moneysupermarket achieved 7% growth in insurance revenue in 2024 to £235.6m.
Sompo creates global P&C and wellbeing segments
Sompo Holdings has formed two global segments, Sompo Property and Casualty and Sompo Wellbeing with the restructure kicking in on 1 April.
PIB kicks off 2025 buys with Residentsline
PIB has bought flats and apartments insurance specialist Residentsline from managing director owner Belinda Bagnall in its first deal of the year.
Zurich takes aim at the ‘class ceiling’ as it reveals social mobility pay data
Zurich UK has published its social mobility pay data claiming it is the first insurer, and just one of a handful of companies, to do so as it committed to the ultimate goal of smashing the ‘class ceiling’.
Radius Insurance Solutions adds ex-Aon and Hiscox leader Philip Thorn as MD
Radius Insurance Solutions has appointed Philip Thorn from Aon as managing director, succeeding Matt Kirby.
Ghost broking cases jump nearly a quarter at Action Fraud in 2024
Action Fraud received 817 reports of ghost broking in 2024, a 24% increase on the previous year, the organisation has confirmed.
MGA Aspect expands in property with more products promised for brokers
High-hazards mid-market specialist managing general agent Aspect has rolled out a broader range of product capabilities and a brand refresh.
Amwins reveals three-part MGA structure
Amwins Global Risks has reorganised its underwriting operations into three entities, including UK-based managing general agent Unicorn Underwriting.
Howden and Aviva join up on renewable energy
Howden’s power and renewable energy team has launched a UK quote and bind platform.
Rokstone recruits Winsley from Howden as broker relationship boss
Managing general agent Rokstone has recruited Rob Winsley from Howden to take up the newly created role of capacity manager and broker relationship director.
6% of FCA financial promotions cases caused by GI & Protection
The Financial Conduct Authority has revealed the general insurance and protection sector accounted for 6% of its workload in the final quarter of last year against firms breaching financial promotion rules.
Gallagher settles 2020 data breach class action suit for $21m – AM Best report
Arthur J. Gallagher has agreed to a $21m (£16.93m) settlement to a class action lawsuit in the US after a data breach in 2020, AM Best has reported.
Flood Re calls on government for £1bn flood defence spending
Flood Re has urged the government to spend at least £1bn a year to keep pace with changing climate risks and ensure the protection of homes and businesses in the UK from the devastation flooding brings.
Grove & Dean grows revenue and profits in “challenging” year
Niche motor specialist Grove & Dean grew turnover by 2.4% to £18.03m in the year ended 30 May 2024 with the broker’s profits rising faster.
FCA actions against misleading financial adverts nearly doubles in 2024
The Financial Conduct Authority intervened to get nearly 20,000 financial promotions withdrawn or amended in 2024, almost double the amount compared to 2023.
Interview: Nick Harris – listening and helping on the Gallagher Way
Nick Harris tells Insurance Age about returning to the UK market after a 14-year stint in Australia, why a transitioning market is “when really good brokers stand out”, and shares his key questions to staff after becoming UK and Ireland retail CEO at…
Northern Ireland tops table for account exec pay rises
Insurance account executives in Northern Ireland had the highest percentage pay rises in the UK last year, with London-based employees still having the top wage but getting the smallest rate increase, according to a survey by Reed.
Allianz UK reveals detected fraud up 10% to £157m
Allianz UK has confirmed it uncovered 33,027 instances of insurance fraud worth a total of £157.24m in 2024, up 10% on 2023.
Howden ‘absolutely not done’ with buying in the UK
Howden is targeting £10bn of revenue by 2030, having broken through the £3bn barrier last year, and is keeping its eye on the ball for organic growth and buying in the UK, according to CEO David Howden.
UK commercial rates still falling by 5% – Marsh
UK insurance rates fell by 5% in the final quarter of last year, maintaining the speed of decline seen in Q3, according to Marsh, with financial and professional lines as well as cyber seeing the steepest declines.
WTW delivers 8% organic growth in broking
WTW has revealed 8% organic growth in its risk and broking division for 2024 as the unit’s revenue rose to $4.04bn (£3.23bn) for the year.
ZPC extends high net worth wordings and reaffirms growth appetite
Kevin Morton, head of Zurich Private Clients, has committed to brokers that the business is in the high net worth market for the long-term as he unveiled a raft of policy enhancements in motor and home wordings.