News
Aviva to boost underwriting team in move to invest in regional brokers
Chief distribution officer Gareth Hemming says the provider is initially planning to increase the size of its underwriting team in the regions by 10%.
H&H Insurance buys Tynedale broker
Tynedale Insurance Services was founded in 2015 and is based in Hexham.
People moves: 17-21 January 2022
Keep up to date with the latest people moves in the insurance sector.
XS Direct goes into run-off in Ireland
The broker confirmed that, as a result, staff at its Dublin headquarters had been informed that they would be made redundant.
Lloyd's announces leadership structure for Blueprint Two programme
CFO Burkhard Keese will take on the role of COO while Bob James, director of marker transformation, will be responsible for the delivery of the company's Blueprint Two programme.
Gallagher appoints regional lead
Elliot Miller joins as regional managing director for Scotland, Northern Ireland and the North East of England.
XS Direct's UK MGA stops writing new business
The Irish broker, which acts as an MGA in the UK, stopped accepting new business from 7 January after it was unable to renew its agency agreements with insurers. Its renewals business will also cease from 1 March.
Hubb targets £15m to £20m GWP for 2023
The commercial usage-based broker was set up in 2020 and authorised in April last year.
Dickson & Co eager to double business and keep expanding
Dickson director Gavin Mitchell told Insurance Age that the broker would acquire more businesses in 2022 as well as recruit more people for its growing commercial team.
Allianz brings EC&P operation into commercial
The division now falls into one of four commercial regions.
CPP Group UK buys travel specialist Alpha Underwriting
The deal includes Alpha’s general insurance broker network and broker portal, and CPP says it is set to add more products to the portal within the next quarter.
Jackson Lee updates Sports Travel Plus policy
The scheme is now available for groups and teams competing and training overseas and includes cover for Covid-19.
Aviva Group CFO resigns
Jason Windsor took on the role in 2019 and will join Persimmon, a British housebuilding firm.
CII announces interim CEO
Jonathan Clark will take over from Sian Fisher at the end of March 2022 as the search for a permanent CEO is underway.
GRP's Marshall Wooldridge snaps up Rotherham-based broker
Goldthorpe, a family-owned business which writes both commercial and personal lines, is the fifth broker bought by Marshall Wooldridge since it became GRP's Yorkshire hub in 2016.
Specialist Risk Group buys special risks team from Bridge Insurance
Deal is SRG's first in 2022 and is part of a long-term partnership with Bridge.
Brokers call on new RSA boss to "step up a gear"
News analysis: Experts discuss whether outgoing RSA boss Scott Egan was successful in rebuilding the provider's relationships with regions and call for clarity on the insurer's broker strategy following leadership change.
Tysers sells credit & surety business to Xenia
It is Xenia’s eight deal in recent months and second trade credit buy.
Motor premium drop starts to stabilise
For the first time in over a year, the cost of car insurance has increased in some UK regions while the average premium has now reached £782, Consumer Intelligence reported.
Liberty adds to real estate proposition
The provider is launching a fresh product and has appointed two underwriters to support the initiative.
Movo Partnership in talks to make six more deals
MD Lea Cheesbrough tells Insurance Age about the network's recent hat-trick of broker buys and discusses its growth plans as it targets £65m in GWP and 75 broker members.
Andy Fairchild joins Acrisure
Fairchild has been added to the team as an advisor as the US-headquartered broker looks to expand into the UK retail market.
Iprism adds product to SSP platform
According to the MGA, the platform removes the need for brokers to rekey quote data and provides a full quote and bind service, from rating and pricing to core administration, data analytics, and full policy documentation at point of sale.
First Underwriting secures £1bn capacity from Accredited
The five-year deal with Accredited, alongside McGill & Partners, provides capacity for specialty products and will help First to diversify its product lines.