News
WTW names chief financial officer
After revealing leadership changes earlier this month, WTW appoints a former member of the team as its new CFO.
GRP’s Gauntlet targets £25m in GWP
The business acquired Three Sixty for an undisclosed sum earlier this year.
FCA urges insurers to take action on BI claims payments
FCA director Matt Brewis sets out the regulator's supervisory strategy for insurers as he warns firms to speed up business interruption payments and follow fair value guidelines.
Vista targets £50m in GWP within five years
The broker says it is not ruling out acquisitions to reach the £50m target, as it also pledges to become carbon neutral in the next 12 months.
People Moves: 23-27 August 2021
Keep up to date with the latest people moves in the insurance sector.
GRP’s Higos buys in Penzance
The South West hub has acquired Web Shaw which trades as Jacksons.
GRP takes retail CEO from Marsh
Duncan Carter will report to GRP group CEO, Mike Bruce.
Got You Covered targets further growth in non-standard market
CEO Robert Leigh and commercial director Adrian Barbrooke tell Insurance Age about the company's origins and detail their plans for the future.
FCA slams firms for “weakness” over fair value rules
The watchdog highlighted broker remuneration as an issue and said that many firms might not be ready to implement incoming product governance rules.
Romero opens seventh office
The business has expanded with a location in Harrogate.
Brokers "cautiously optimistic" about growth as pandemic restrictions lift
But Aviva research shows expectations vary, with 42% of regional brokers predicting a decline in their business.
Simply Business teams up with RSA
Simply Business has extended its partnership with RSA in a move which sees the insurer join the broker’s panel of landlord insurance providers.
Tysers implements cloud-based automation platform
Brokers working with Tysers on a wholesale basis will have access to the proposition which as been designed to streamline processes.
BLW becomes registered Lloyd's broker
The wholesale broker was bought by S&G Risk Solutions last year.
FCA updates dual pricing rules
Regulator releases policy statement with updates and clarifications to its GI pricing rules following feedback, but highlights that the changes do not affect its desired outcomes.
Talbot Jones targets further growth after March Insurance deal
Managing director Richard Talbot-Jones tells Insurance Age about how the broker's recent deal for March Insurance Services came about and details his plans for the future.
Endsleigh confirms redundancy consultation
The broker has opened a 30-day consultation as it prepares to transfer some of its business to owner A-Plan.
Zurich pledges match funding scheme ahead of Insurance Day of Giving
Insurance Cares: Zurich Community Trust is set to match funding donations during this year's Insurance Day of Giving, which takes place on 4 November.
Ardonagh reveals £900m capital raise
CEO David Ross says increased firepower will fund acquisitions in the UK as well as the consolidator's international expansion.
Brokers and loss adjusters – can it be a winning partnership?
News analysis: Rachel Gordon investigates how broker-owned loss adjusters are changing the claims process and whether they could pile on the pressure for insurers.
Ardonagh reports rising income and Ebitda for H1 2021 as losses shrink
Consolidator reports loss for the period of £41.3m, while total income for the group hits £433.2m in the first half of the year.
Arch hires broker relationship development manager
Caroline Fisher joins the company with immediate effect and will focus on building relationships with brokers across the South West region.
Flock reveals expansion plans as it looks to grow in the broker space
Chief revenue officer, Christen Smith, tells Insurance Age about the drone specialist's plans for growing its broker network and launching new products.
Insurance premiums drop 16.9% for young van drivers
But data from Consumer Intelligence also shows that van drivers under 25 pay over 3.5 times more for their insurance compared to other demographics.