Broker
European Commission to review $30bn Aon/WTW deal
Aon confirms the European watchdog has launched a Phase II review of the merger but insists it is still "on track" to close the combination in the first half of 2021.
Ataraxia backs merger of Alan Stevenson Partnership and Seacombe Insurance Brokers
Peter Cullum-backed Ataraxia and Minority Venture Partners have both invested in the merged broking firms which are based in Altrincham.
Specialist Risk Group bought by private equity
Miles Smith-owner has been purchased subject to regulatory approval.
Q&A - Ian Donaldson
The Atlanta CEO reviews the past 12 months and concludes 2021 should be about more than Ebitda and KPIs.
Marmalade unveils pay-as-you-go policy for young drivers
The product, which the broker claims is the first of its kind in the UK, is underwritten by Ageas and uses specialist smartphone telematics technology to record how users drive.
Blog: Investing in tech crucial to broker performance
The pandemic was a clear sign for all that the broker must embrace a tech culture, writes Principal MD Dave Bowcock.
Worry+Peace launches new platform
The business says the tool, which is targeted at brokers, insurers and MGAs, is designed for non-core business lines where a fully e-traded system would be too expensive.
Q&A - Michael Rea
The CEO of UK retail, Gallagher weighs in on a turbulent 2020 and looks ahead to next year.
Lloyd’s and Parsyl launch insurance for distribution of Covid-19 vaccines
Public-private collaboration, including 14 global (re)insurers, addresses critical risks faced by Covid-19 vaccines and other health commodities during distribution
FCA bares teeth on insurance product value as it launches thematic review
Brokers have just three weeks to respond to the watchdog as it zones in on Covid-19 response, product value and customer service.
Fresh sellers hit back and deny misleading Kingfisher
The group issued a raft of denials and counter claims following Kingfisher accusations of misconduct, data breaches and misuse of the MyLicence platform.
Silence on rumoured Gallagher/Bollington deal
Gallagher declined to comment on reports that it was in advanced discussions with the Manchester-headquartered business.
People Moves: 14 - 18 December 2020
It may be nearly Christmas but there are still job moves to announce.
GRP buys digital commercial broker
Poole-based Insync has joined the GRP portfolio for an undisclosed sum.
Biba launches young broker committee
The panel will provide market intelligence on emerging trends to help shape Biba policy.
Alison Meckiffe steps in as Endsleigh CEO
Meckiffe replaced Jeff Brinley who recently joined Be Wiser as chief financial officer.
Let Live Thrive highlights event insurance threat
The campaign, alongside EC3 brokers and Hiscox, has written to the Secretary of State for Culture, Media & Sport, calling on the government to underwrite events contingency cover post-Covid.
Broker asks to face jury on sexual assault charge - report
Partners& and CGI boss, Dan Wilkinson has requested a jury trial as magistrates hear he allegedly "grabbed a woman's bottom and crotch".
Principal takes tech step with emotion detecting AI software
The specialist motor broker has teamed up with two tech providers to deliver the data analytics.
Axa’s defence in legal spat with property investor “untenable” say claimants
Martin McKeague, representing Aubrey Weis, says allegations made in Axa’s defence documents would have “huge ramifications” on the insurance industry.
CPC replies after Lockton denies fraud allegations
Property investor Aubrey Weis to rely on admissions made by Lockton in its defence documents at trial, after the broker admitted that a certificate of insurance for the 2019/20 policy year had been issued containing an error.
People Moves: 7 - 11 December 2020
Keep up to date with the latest personnel changes in the insurance world.
Video: Networks and M&A
In another video with Close Brothers Premium Finance we discuss the future of networks and M&A activity in the insurance sector.
Zurich and Plum Underwriting agree £150m capacity deal
The five-year personal lines deal sees Zurich replace Lloyd's capacity.