Insurer
Chubb brings Houston from US to lead new UK commercial insurance division
Chubb has appointed Andy Houston as head of UK commercial insurance, moving from the USA to take up the role next month.
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.
CFC adds property damage to large line cyber product
CFC has added property damage to its large corporate cyber proposition, stating the move came in response to broker demand and addressed a gap in the market.
Zurich adds Gallagher’s Louise Martin for new business role
Zurich has appointed Louise Martin as head of new business development, joining from Gallagher.
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.
AIG expands Jon Hancock’s role
AIG has expanded former Lloyd’s and RSA leader Jon Hancock’s role, with additional responsibilities in global personal lines, as it reorganised into three segments.
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.
IFB launches campaign to tackle paid-ad spoofing scams
The Insurance Fraud Bureau has launched a national campaign aimed at the multi-million pound problem of paid-ad spoofing claims scams, as it revealed that victims could be facing up to £13,000 in unsolicited fees.
Strong solvency means insurers have capacity for M&A, says Fitch
There is surplus capital available for UK insurers to take advantage of any mergers and acquisitions opportunities, according to Graham Coutts, senior director for EMEA Insurance at Fitch Ratings.
Allianz names Phuong Ly as UK commercial lead after Côté departure
Allianz Commercial has appointed Phuong Ly from Allianz Australia as managing director for the UK, starting in the post on 3 April succeeding Nadia Côté who left for RSA last year.
People Moves: 20 – 24 January 2025
Keep up to date with the latest insurance industry personnel moves.
Allianz UK names Cox as chief claims officer in team merger
Allianz UK has appointed Matt Cox to the newly created role of chief claims officer as it brings together the commercial and personal claims teams.
Pen boosts capacity with QBE in £420m deal package
Pen Underwriting has extended its partnership with QBE in the UK and Ireland, renewing capacity for public authority risks as well as the hazardous goods and environmental industries.
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.
New Ripe CEO eyes up deals and four product launches in 2025
“The challenge that I’ve taken on, and I’ve mapped out, is both organic growth maintained in double digits and a healthy amount of growth coming through new products,” Ripe CEO Alan Thomas has told Insurance Age.
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.
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.
Bottle to lead Arch in the UK following Bashford retirement
Arch Insurance International has promoted Mike Bottle to the role of managing director of the Arch Insurance UK regional division, with immediate effect.
Hiscox HNW head Holmes exiting for new broker role
Nicola Holmes, the head of broker in Hiscox’s art and private clients division, is to depart the business to pursue a new opportunity at an as yet unnamed intermediary, Insurance Age can reveal.
People Moves: 13 – 17 January 2025
Stay in the loop with the latest personnel moves in insurance.
UK car insurance premiums see biggest annual fall in more than 10 years
For the fourth quarter in a row comprehensive car insurance premiums have dropped in price, according to the latest Confused and WTW research.
SMEs satisfaction with insurance ended 2024 on a high – CII
Overall SME satisfaction with insurers rose to 83% in the final quarter of last year, according to data released by the Chartered Insurance Institute.
Commercial Express adds Irwell to panel of insurers
Managing general agent Commercial Express has partnered with Irwell Insurance which has joined its panel of insurers.
Aviva continues regional push with five underwriting hires
Aviva has revealed five underwriting hires across the South West and Wales region as it continues its regional push.