Broker
People Moves: 13-17 September 2021
Keep up to date with the latest people moves.
The Insurance Octopus appoints director
Helen Bush will lead the business after being with the company for 11 years.
PIB extends its reach across Ireland
The broker has furthered its expansion across the country by striking a deal with Oliver Murphy Insurance Brokers.
Brokerslink adds claims dispute advisory service to network
The company has partnered with Fenchurch Law to support its global broker network with claims and coverage disputes.
Purbeck launches fresh PGI cover
According to the MGA, the policy was designed as a response to insurers’ requirements of personal guarantees for run off claims.
WF Risk Group goes for growth following rebrand
MD Richard Willis discusses the company's name change and what the Belfast-based broker is looking for in future acquisitions.
Brokers urged to take action after FCA calls for clarity on remuneration
Experts say brokers need to review their business models after the regulator slams the industry for "weakness" over product governance rules and highlights its focus on fair value.
RAW Insurance on track for further expansion
After having opened an office in Kendal last month, co-founders Ryan Roberts and Stephen Ward tell Insurance Age about their plans for the future.
PIB buys in Nottingham
JRT Insurance Brokers is PIB's eighth deal this year and will be integrated into its specialty division, PIB Insurance Brokers.
MGA Nivante aims to bring greater choice to care sector
Co-founders Jade Knight and Melissa Kalsi tell Insurance Age about the demands care providers are facing and how the MGA can support brokers.
Regulators bare their teeth: is this the new normal for mergers?
News analysis: David Worsfold examines whether regulators are likely to take a tougher stance on insurance sector mergers in the future, following the collapse of the Aon/Willis Towers Watson deal.
Who are the Top 50 brokers in personal lines?
The results of Insurance Age’s annual study into the top 50 brokers and providers in the personal lines market are in.
Lloyd's returns to profit in first half of 2021
Market reveals a profit of £1.4bn as well as an improved COR of 92.2% as gross written premiums also increase.
BGL confirms Fenchurch appointment as it explores insurance unit sale
BGL says it has "a duty to explore" approaches as Sky News reports that the business is considering a potential £700m sale of its insurance arm.
NPA Insurance names Brendan McCafferty as non-executive director
The former Brightside CEO is also going to join the company’s niche insurance brand, Peach Pi.
Peril in product governance – who you gonna call?
News analysis: Brokers are under the cosh and many need guidance on how to implement the FCA’s wide-reaching rules on product governance.
In-depth - data: Scheme machine
Information is vital for convincing providers to back a scheme and, as Martin Friel finds out, the richer the data brokers have, the more likely a new scheme will get off the ground and succeed
People Moves: 6-10 September 2021
Keep up tp date with the latest people moves.
In-depth - data: The personal approach
It’s time to apply the same use of data, as well as data encrichment and verification, to the SME market, says LexisNexis Risk Solution’s Martyn Mathews
Interview: Cuvva's Andy Tomlinson
Cuvva COO Andy Tomlinson talks about the company's evolution, the rise of on-demand products and the broker's plans for the future.
PIB's 2020 deal spend revealed
The consolidator's accounts show it spent a total of £92.8m on deals during the year, as it also reports increases in turnover and Ebitda.
Opinion: Can trust ever be re-won?
The confusion over business interruption during the pandemic has damaged the insurance industry. Branko Bjelobaba wonders if it can be undone
Video: Das UK takes on the Ride Across Britain challenge
Insurance Cares: Follow along as the team of ten insurance professionals tackle the 980 miles from Land’s End to John O’Groats to raise money for Insurance United Against Dementia.
Markerstudy Broking hires trading director
Simon Townsend joins Markerstudy following its purchase of Brightside earlier this year.