Articles by Laurence Eastham
Strategy shift halves profits at AllClear
CEO Chris Rolland had warned commentators of short-term disruption back in 2018.
FCA warns insurance managers to tackle misconduct
Not addressing non-financial misconduct may lead managers to fail the SM&CR.
Tysers to absorb RFIB following acquisition
Deal to purchase parent company Risk Transfer Group has now completed.
Amanda Blanc joins bicycle specialist Laka
Firm is backed by Zurich, where Blanc spent nine months as CEO EMEA.
GRP’s £68m acquisition spree revealed
Total covers 10 businesses that the group bought in the year to 31 March 2019.
Aston Lark announces Irish CEO and CFO
Firm poised to make further acquisitions in Ireland under new leadership.
Optio buys terrorism specialist Newbridge from Castel
Newbridge was founded in 2015 as part of Castel’s MGA formation platform.
GRP reaffirms acquisition strategy despite £17.9m loss
Accounting procedures and acquisition costs blamed as turnover and operating profit grow 48% and 173% respectively.
Whistleblowing failures prompt regulatory intervention at Lloyd’s
PRA has laid down new rules after the Society of Lloyd’s disclosed that it had not maintained an anonymous whistleblowing channel for 16 months.
Aviva board divided over Tulloch restructure plans, reports state
Tulloch has decided to run the life and GI businesses as distinct divisions within Aviva, rather than separating them in different entities.
Acturis takes Rees Astley from Open GI
Software provider promised the Wales-based broker long-term value and resiliency.
Amanda Blanc named chair of Welsh Professional Rugby Board
Role is the first non-insurance appointment for Blanc since returning to the industry earlier this month.
Tradewise Insurance Company enters voluntary run-off
New capacity deal will see UK partner Tradewise Insurance Services write motor business into 2020.
FCA head Andrew Bailey named as Bank of England governor
He will take over the position from Mark Carney on 16 March 2020.
Endsleigh and Acturis announce personal lines partnership
Endsleigh’s five-year contract with rival software provider SSP, signed in May 2018, is unaffected by the deal.
MS Amlin sets date for UK property and casualty exit
Provider previously announced its decision to withdraw from the market in September 2019.
HDI Global Specialty enters fine art market with Axa hire
HDI has placed Nick Brett at the helm of its newly launched fine art division.
Amanda Blanc chooses Trov as exclusive InsurTech signing
Firm stated that Blanc will not become an advisor at any other global InsurTech.
Lloyd’s launches trans and non-binary inclusion guide
Market believes the guide is appropriate for insurance firms of all sizes.
Alpha, Enterprise and Gable failures set FSCS back £276m
Organisation also expects brokers to carry out the due diligence on replacement carriers.
FCA penalties bring in £227m as crackdown on misconduct grows
Data from the regulator shows a sharp increase in the number of warnings issued to the market.
PIB acquires motor specialist Cooper Solutions
Firm has provided a daily rate insurance product through PIB-owned Cooke & Mason since 2004.
The stats: December 2019 - The Acturis Premium Index
The third quarter of 2019 brought year-on-year premium growth in all classes of commercial business but one, according to the latest set of data provided by Acturis.
Yutree Insurance receives Chartered status
Firm described the award as the “gold standard” for insurance brokers.