Articles by Rosie Simms
Lords Committee ‘unconvinced’ on FCA name and shame proposal
The House of Lords Financial Services Regulation Committee is unconvinced on the FCA’s name and shame plans as it branded the consultation an “abject failure” and urged if concerns have not been addressed in the regulator’s second consultation the…
Allianz UK ‘lucky’ to have Phuong Ly, according to Australian insurance specialists
Australian insurance experts are positive on Allianz Commercial UK’s recent appointment of Phuong Ly telling Insurance Age he is a “great addition”.
Howden breaks through £3bn in revenue
Howden Group has broken through the £3bn adjusted revenue mark growing by 23% in the year ended 30 September 2024.
New Arch UK MD bolsters regional division
Arch has made four senior promotions to new regional manager roles across the UK reporting to Mike Bottle, managing director of its UK Regional Division.
CII reports 15% increase in insurance qualifications
The Chartered Insurance Institute has reported a 15% annual increase in the number of its insurance qualifications completed in 2024.
SSP Broker adds 10 insurer schemes in 2024 with 10 more planned this year
Managing director Martyn Mathews has targeted adding 10 insurer schemes onto SSP Broker this year, matching the achievement last year.
David Enoch retires from NIG and RSA
David Enoch, distribution and proposition director at RSA, is retiring after five years at the insurer and NIG during his 40 years in the financial services industry.
People Moves: 27 – 31 January 2025
Follow the latest personnel moves in insurance.
Buss retires from Arag UK CEO role as Haynes steps up
David Haynes has been named CEO of Arag UK Holdings and Arag Legal Expenses Insurance as Tony Buss retires from the role.
Hedgehog Risk seeks new markets after securing US investment
SIG Insurance has acquired a substantial stake in specialist sports and prize insurance provider, Hedgehog Risk.
Five insurers scoop Gracechurch’s regional Service Quality Marques
Allianz has been awarded two UK regional market insurer Service Quality Marques by Gracechurch, with Arch Insurance, Axa, Chubb and Ecclesiastical also being accredited.
Howden consolidates Birmingham offices into one
Howden has consolidated multiple Birmingham offices into one central hub, with over 120 insurance advisors.
Arch partners with charities to address educational inequality
Arch Insurance International has launched a charity partnership with Magic Breakfast and the National Literacy Trust to help tackle growing educational inequality in the UK.
Open GI continues investment in technology and AI
Simon Badley, CEO of Open GI, is looking for the business to become a “technology partner”, as it makes continued investment in technology and AI to give its brokers a competitive advantage.
People Moves: 20 – 24 January 2025
Keep up to date with the latest insurance industry personnel moves.
PIB files employment lawsuit against Howden
PIB Group and its managing general agent Acquinex have filed legal proceedings against Howden Group, Dual International, and four individuals in the High Court.
Flood Re targets Scotland in resilience drive
Flood Re is targeting Scotland, promoting property-level flood resilience and aiming to help communities better prepare for future flooding events.
Broking Success: Growing regional presence
Financial Affairs CEO Laurence O’Connor looks to grow the business ten fold three years ahead of schedule, after making four acquisitions in 18 months.
ARMD secures five-year Accelerant capacity
ARMD, a managing general agent for tradespeople, has entered a five-year capacity agreement with Accelerant’s Risk Exchange.
Organ plans to triple Jensten’s GWP over 3–4 years as refinancing gathers pace
Rob Organ, CEO of Jensten Group, is targeting £1.5bn in gross written premium within three to four years, more than triple what it has now, with a refinancing on the horizon.
Liiba seeks to quantify London brokers value to global economy
A trade body has launched a project to quantify the monetary value of London’s brokers to the global economy.
Joel Markham to lead schemes at Axa as Head exits
Joel Markham has been promoted to Axa Commercial’s director of schemes, delegated authorities, financial lines and speciality, Insurance Age can reveal.
FCA targets 400 headcount as it continues Leeds office expansion
The Financial Conduct Authority has expanded its Leeds regional office, with 100 more people expected to join this year.
People Moves: 13 – 17 January 2025
Stay in the loop with the latest personnel moves in insurance.