Insight
Lycetts on track to triple profits in 2021
In an interview with Insurance Age, Lycetts boss Charles Foster speaks about the company’s growth strategy, changes in the agricultural sector, and plans for finding a new CEO.
E-Zee appoints Joe Sultana to board
He was formerly COO at software house Applied Systems.
MCE: Edwards hits out at administrator over MTA u-turn
MCE Edwards says he is “ashamed of the profession” and warns that the decision could impact vulnerable customers.
FCA launches AR consultation to “address harm”
Regulator warns that there are “real risks of consumers being misled and mis-sold with little scope for recourse” as it proposes changes to the current model.
Interview: Sara Fardon – Willis Towers Watson Networks
After taking home this year’s Achievement Award at Broker Expo 2021, Sara Fardon, managing director Willis Networks, talks to Insurance Age about her career in insurance and the value of broker networks.
Biba welcomes "big win for brokers" on IPT
Biba’s David Sparkes says the broker trade body engaged with the government "at length" against proposals that brokers could be made liable for any unpaid IPT, a proposal that HMRC has confirmed it will not take forward following its IPT consultation.
Howden buys boutique broker, Ross Insurance Group
The business, based in Surbiton, specialises in financial and construction risks.
HMRC flags potential code of conduct for brokers in IPT consultation update
Government outlines the next steps and details responses from industry stakeholders, including brokers, insurers and trade bodies.
Ardonagh Retail names chairman
Andy Higginson will join the broker's retail business, working closely with Ardonagh Retail CEO Ian Donaldson, Atlanta CEO Emma Rawlinson, and chief commercial officer Craig Ball.
Xenia buys Northampton-based broker
Deal is the trade credit specialist's seventh since its launch in 2019.
Gallagher completes $3.25bn Willis Re deal
The broking giant will combine WTW's treaty reinsurance brokerage operations with its existing reinsurance business under the brand Gallagher Re.
Consilium adds PI cover to asbestos scheme
The product is available to asbestos removers, demolition contractors, surveyors, general building firms, and allied trades.
Aviva takes new chief claims officer from Axa
Waseem Malik is joining Aviva in March 2022, replacing Dave Lovely who recently left the provider.
Clear Group buys H R Jennings & Co
The South Croydon-based broker was established in 1922 and specialises in aviation and small craft insurance.
Blog: Is the industry falling in love with GAP insurance again?
Avid's Steve Duxbury discusses how the market for GAP insurance has changed since the FCA's 2015 thematic review and argues that it is set for accelerated growth.
MS Amlin appoints first ever head of sustainability and ESG
Amir Sethu will be responsible for both the continued development and implementation of MS Amlin’s ESG strategy.
LexisNexis launches data enrichment product
Commercial PreQuote is available through Acturis and is said to enable brokers to validate customer data prior to quote.
CFC develops ransomware cost calculator
The tool can help businesses to understand the financial risk of a cyber attack.
Specialist property insurance and debt advisory broker launches
Co-founders Jack Bristow, Johnny Leadsom and James Mole say they aim to make it quicker and more effective for property developers to get both the insurance and finance that they need.
FCA reforms decision-making to tackle consumer harm
The “sensible streamlining” changes are designed to improve the speed and allow FCA senior managers to start civil and crimimal proceedings, cancel permissions and address individual authorisation.
Policy Expert announces fresh leadership
Founder Tony Deacon is to retire as Sanchit Suri steps into the CEO role.
Stephanie Smith, Allianz COO, to exit
It is the latest in a raft of management changes at the insurer following a restructure.
Ardonagh reshuffles senior team
Jaime Swindle joins Geo Underwriting while Scott Bennett takes on the MD position at Bravo Networks.
Gibraltar regulator denies accusations from MCE
MCE criticised the regulator earlier this week after its Gibraltar-based insurance arm went into run-off.