Insurer
IWD 2024: Geo’s Jaime Swindle on coaching and mentoring
For International Women’s Day, Insurance Age discussed with Geo Underwriting leader Jaime Swindle how women should embrace their different approach to their male colleagues.
Aspen confirms Sarah Stanford as UK CEO
Aspen Insurance has confirmed Sarah Stanford as UK CEO, a post she has held on an interim basis since 17 January.
People Moves: 4 – 8 March 2024
Keep up to date on the latest personnel changes in insurance.
IWD 2024: “Always be authentic to yourself,” says Zurich’s Jacqui Kelly
For International Women’s Day, Insurance Age spoke with Jacqui Kelly, Zurich’s head of sales and distribution to see what the industry can do to help promote women up into more senior roles.
Aviva boss Storah commits to consistency and stability for brokers
Jason Storah, CEO of UK and Ireland general insurance at Aviva, has hailed the insurer’s “really strong” results and promised brokers will benefit from the Probitas deal in 2024 alongside ongoing commitment and stability across commercial and personal…
Lloyd’s teases FY23 results by revealing £5.9bn underwriting profit
Lloyd’s has provided a trading update on its 2023 full-year financial performance.
Admiral chair: Defending UK motor advantage remains ‘number one priority’
Admiral is not going to give up its crown as the UK’s leading personal lines insurer to Markerstudy without a fight, its chair has intimated.
Beazley’s profit before tax soars 115%
Beazley has reported its profit before tax leapt to $1.25bn (£984m) in 2023, a 115% increase on the year before.
Aviva open to bolt-on deals but unlikely to buy further in Lloyd’s, says Blanc
Aviva will maintain a “selective and disciplined approach” to mergers and acquisitions, according to group CEO Amanda Blanc as she indicated the insurer is not eyeing synergies with a Direct Line bid.
Aviva posts double digit UK GWP and operating profit rises for 2023
Aviva grew premiums in the UK by 16% last year to £6.19bn with rises across both commercial and personal lines.
Allianz Commercial boosts regional distribution to support brokers
Allianz Commercial has appointed four regional distribution managers covering the South, North, London, Midlands and the South West regions.
Home insurance prices jump 40% in a year
The average quoted price of home insurance increased by 40.6% in the 12 months to January – the highest annual increase since Consumer Intelligence began tracking prices in 2014.
Momentum building with brokers into 2024, says Hiscox leader Musselle
Hiscox is adding 10 specialist regional underwriters to continue its push with brokers having grown the business last year, group chief underwriting officer Joanne Musselle told Insurance Age.
Simply Business expands partnership with Zurich
Zurich has grown its partnership with digital broker Simply Business to provide commercial combined quotes for businesses with a turnover of £750,000 or more.
Flood Re becomes first public body to be a Biba partner
Flood Re has become the first public body to join the British Insurance Brokers’ Association.
RSA launches enhanced A&H proposition
RSA has launched a group personal accident and business travel cover designed to give organisations and their employees “always-on protection”.
Hiscox reveals UK growth in 2023 as group profits soar to record
Hiscox grew gross written premiums across its SME and personal lines books in the UK by 2.4%, stripping out the effect of currency exchange, to $793.8m (£625.7m) in 2023.
Allianz takes part in The Apprentice Formula E challenge on BBC
Following his appearance on last week’s episode of BBC’s The Apprentice, Insurance Age caught up with Adam Moss from Allianz to talk through the insurer’s role in the latest challenge in which the teams had to launch a Formula E brand – and sell…
Aviva re-enters Lloyd’s with £242m Probitas buy
Aviva has signed up to buy all of Probitas for £242m, signalling a return to the Lloyd’s market.
Bravo Networks’ SME e-trade platform goes live
Bravo Networks has launched Bravo Digital Trader, with Zurich writing the first policy.
Analysis: What can brokers expect from RSA’s new-look commercial senior team?
With a new-look senior commercial lines team in place, brokers must hope RSA is done with chopping and changing at the top. Jonathan Swift assesses what the future might hold now dates have been set for the NIG integration.
FCA’s Mills commits to using all regulatory tools in flats insurance update
Sheldon Mills, executive director of consumers and competition at the Financial Conduct Authority, has promised to use all regulatory tools at the watchdog’s disposal in an update on progress for multi-occupancy buildings insurance.
Motor insurance complaints to FOS climb again
Motor insurance has remained in the top five most-complained-about products with buildings insurance also joining the list, according to the Financial Ombudsman Service as it released data for October to December last year.
BSpoke completes ‘game changer’ of a deal
BSpoke Group has completed the acquisition of the personal lines business of the Police & Forces Mutual businesses, Police Mutual Healthcare and Police Mutual General Insurance, from Royal London.