News
Hastings names ex-Abacai leader Jamie Hay as CFO
Hastings Group has appointed Abacai founder Jamie Hay to take over as group chief financial officer during the second quarter of this year.
SRIS introduces private client offering
Specialist Risk Insurance Solutions has launched Specialist Risk Private Clients, bringing together an experienced team, according to a post on LinkedIn.
Ex-Towergate boss Joe Thelwell joins Aon
Aon has appointed former Towergate Insurance Brokers CEO, Joe Thelwell, as UK head of SME.
People Moves: 2 – 5 January 2024
Keep up to date with personnel moves within the insurance industry.
Liberty Specialty Markets takes Andrew Jackson from WTW for key broker role
Liberty Specialty Markets has added Andrew Jackson from WTW as global head of business development and market management.
Welsh broker takes part in the BBC’s The Traitors
Commercial account executive Andrew Jenkins is starring in season two of the BBC’s The Traitors show in the hope of winning £120,000, over 20 years after he nearly died in a road traffic accident.
Staysure names Finn Walsh group CEO
Finn Walsh has been named Staysure Group CEO, taking over from founder Ryan Howsam.
Insurance leaders upbeat on start to 2024 but inflation and interest rate worries remain
Almost four out of five senior insurance executives (79%) are optimistic about business growth this quarter, according to research by KPMG UK.
Ecclesiastical urges brokers to highlight risks heritage clients face
Research by Ecclesiastical has found 90% of heritage clients experienced a crime in the past 12 months with graffiti and anti-social behaviour worsening.
Travelers completes Corvus buy
The purchase of cyber specialist managing general underwriter Corvus Insurance went through on 2 January, Travelers has confirmed.
Momentum AR Malago buys fellow firm Mulberry
Bristol-based Malago Insurance brokers has bought Mulberry Insurance Brokers, following the retirement of its principal Keith Johnson.
Aviva CEO Amanda Blanc awarded Damehood in New Years Honours List
The group CEO of Aviva, Amanda Blanc, has been awarded a Damehood in the New Years Honours List.
UK brokers given unique access to Swiss market with new agreement
The Government has signed a joint financial services agreement with the Swiss authorities that will allow UK insurance brokers to continue to trade in Switzerland without the need to establish a base there.
Arch to sell MGA platform Castel to Ryan Speciality
Ryan Specialty has signed a definitive agreement to acquire Castel Underwriting Agencies from Arch Financial Holdings (UK) and minority shareholders.
Analysis: Aon’s £10.6bn NFP takeover not enough for it to replace Marsh as largest global broker
Aon’s £10.6bn acquisition of NFP earlier this week will not be enough to help it supplant Marsh McLennan as the world’s largest broker, according to a report.
People Moves: 18 – 22 December
Stay in the loop with the latest insurance personnel moves.
CII to transfer £2m of charitable funds to The Worshipful Company of Insurers
The Chartered Insurance Institute’s charity, the Education and Training Trust, is set to transfer its net assets of about £2m to The Worshipful Company of Insurers.
Axa appoints Matt Field as retail intermediary director
Axa UK and Ireland has appointed ex-Aviva director Matt Field as retail intermediary director.
Aon to buy NFP from Ardonagh investors MDP and HPS for £10.6bn
Aon has agreed to acquire rival US broking firm NFP for a total consideration estimated to be $13.4bn (£10.6bn).
CII confirms Gill White as acting CEO ahead of Vallance leaving early
The Chartered Insurance Institute has confirmed that current chief customer officer Gill White will become acting CEO at the end of December when Alan Vallance leaves ahead of schedule.
Insurtech ARMD expands into the broker tradespeople market
ARMD, an insurtech, has formed a managing general agent to target brokers interested in the £6.5bn UK tradespeople insurance market.
Freemantle to succeed Perry as FSB Insurance Services MD
FSB Insurance Service has announced that with effect from 1 January 2024, its sales director Katie Freemantle will take over the role of managing director.
Lloyd’s confirms staying in iconic HQ until 2035
Lloyd’s of London has confirmed the extension of its lease to stay in its famous headquarters at One Lime Street until 2035 with an option to remain until 2040.
Women make up less than 7% of CEOs in insurance sector
Women make up less than 7% of CEOs in the UK insurance industry (29 out of 431), according to research by specialist employment law firm GQ Littler.