News
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.
Zurich unveils flood resilience initiative
Insurer says it has transformed the way it handles flood claims for both direct and broker business following a warning by the Environment Agency (EA) that the UK must “adapt or die” to climate change.
AbbeyAutoline strives for growth in commercial
Jackie Elliott talks to Insurance Age about her new role as commercial director and gives insight into the state of the market and the company’s plans for the future.
Protesters target Convex over coal
Activist group Market Forces is attacking the provider for refusing to rule out insuring the Adani Carmichael coal mine in Australia, in the latest climate protest aimed at the insurance industry.
MCE slams Gibraltar regulator after insurer arm goes into run-off
MCE condemns GFSC for applying capital add-ons on its Gibraltar-based insurance company, which went into run-off on 5 November.
Aviva urges brokers to take "holistic approach" to risks
Its latest risk report shows businesses are facing a "complex web" of interconnected risks.
RSA boosts employee benefits
The insurer develops staff proposition by improving its maternity and adoption, paternal, and shared parental leave policies.
Gallagher adds to market management team
Ron Hayes is promoted to chief broking officer and Richard Laver joins from Aon as market management director for the UK.
Axa UK appoints COO for commercial lines
Ursula Wyman joins the insurer’s commercial business and its executive committee, succeeding Tim Yorke, who will be leaving the business at the end of the month.
People Moves: 22-26 November 2021
Stay up to date with the latest insurance industry moves.
Open GI partners with Percayso Inform on data product
Brokers will be able to access the service through Open GI’s motor and commercial vehicle platforms from 2022.
Gallagher/Willis Re deal gets green light from competition watchdog
The CMA launched a merger inquiry into the $3.25bn takeover in October.
Ardonagh reports growth in income in Q3 2021 update
Consolidator says it completed £125m of investment in Q3 including its purchase of Usay Group in the UK, as it reports significant reduction in loss for the first nine months of the year.
FSCS confirms MCE Insurance Company has failed
The Gibraltar-based business went into run-off on 5 November, citing difficulties with Solvency II, while the UK-headquartered division of the company has signed a fresh capacity deal with Sabre.
Pool Re boss to exit next year
Julian Enoizi is to step down in Spring 2022 after leading the terrorism reinsurer for eight years, with Pool Re stating that the process of finding his successor has begun.
Aventus develops digital underwriting platform
The offering adds to is distribution and customer management proposition and is designed for brokers and MGAs.
MCE cites Solvency II as reason for run-off of Gibraltar-based insurance arm
MCE boss Julian Edwards says Solvency II favours larger insurers as he discusses the broker's capacity deal with Sabre.