News
Allianz makes ESG push on independent brokers
Allianz has urged small independent brokers to think about their ESG initiatives and make changes to reduce their carbon footprint.
Pen Underwriting expands team for new claims hub
Pen Underwriting has opened a regional claims hub, based in Chelmsford, and has hired three new specialists for its team.
Fenchurch Law grows London team
Fenchurch Law has added three new hires to its coverage dispute team in London.
Half of all UK businesses underinsured: Aviva
As many as 50% of all UK businesses are underinsured, according to Aviva estimates.
AM Best downgrades Qatar Insurance Company ratings
Ratings agency AM Best has downgraded the financial strength and long-term issuer credit ratings of Markerstudy-affiliated Qatar Insurance Company to A- (Excellent) from A (Excellent).
Trade bodies back broker diversity campaign’s drive
The leaders of Biba, the MGAA and Liiba have reaffirmed their commitment to support increasing diversity in the market as Insurance Age launches the Broker Diversity Push – Gender Leadership Gap campaign.
People Moves: 12 - 16 December 2022
Keep up to date with the latest personnel moves in insurance.
Insurance Age makes benchmark and backing call to trade bodies in Broker Diversity Push campaign
Insurance Age has urged the British Insurance Brokers’ Association, the Managing General Agents’ Association and the London & International Insurance Brokers’ Association to investigate creating a broking industry benchmark and ways of working together…
Regular and rigorous measurement needed to improve gender leadership gap, says Sian Fisher
“There is a very good reason why all businesses have such exacting financial packs and that is because what gets measured gets done,” Sian Fisher told Insurance Age for our Broker Diversity Push – Gender Leadership Gap campaign.
Broker Diversity Push – Q&A with Ardonagh’s CFO Diane Cougill
In an exclusive interview with Insurance Age as part of our Broker Diversity Push - Gender Leadership Gap campaign, Diane Cougill, chief financial officer at The Ardonagh Group shares her insights from a firm that while it has a rising percentage of…
Gender gap stats no surprise but “crushingly disappointing” – Freedom’s Sam White
Sam White, founder of Freedom of Services Group, tackles the broking sector’s image, recruiting from other industries and the question of quotas as she shares her reaction to the gender diversity leader gap statistics.
Movo grows apprenticeship scheme
The Movo Partnership appointed representative network has expanded its apprenticeship programme taking on five new starters.
Biba reveals 2023 conference theme
The British Insurance Brokers' Association has revealed Rising to the Challenge as its theme for the 2023 conference.
Aston Lark acquires N&G direct marine trade book
Aston Lark has bought Navigators and General's commercial direct marine trade book.
Graeme Trudgill ‘delighted’ to see FCA review funding of the FSCS
The British Insurance Brokers’ Association’s executive director, Graeme Trudgill has responded to the Financial Conduct Authority’s review of the funding of the Financial Services Compensation Scheme.
Jensten Group acquires second broker in a week
The Jensten Group has acquired commercial broker Basil Fry & Company, its second acquisition in a week.
FCA reveals next steps for improving the compensation framework
The Financial Conduct Authority has published the feedback it received to its call for input on the framework for protection provided through the Financial Services Compensation Scheme, following concerns about increasing costs.
Only 8% of broking CEO and 5.4% of chair roles held by women
With gender diversity falling in key regulated senior management functions at brokers and lagging behind the low levels in the FCA-regulated financial services sector Insurance Age takes a deep-dive into which posts are held by women as our Broker…
FCA raises concerns on D&I strategies
The Financial Conduct Authority has warned that firms’ diversity and inclusion strategies are not consistently based on a clear diagnosis of their specific circumstances and challenges, meaning actions and initiatives may not be appropriately focused.
FCA reveals ESG committee line-up
The Financial Conduct Authority has established an environmental, social and governance advisory committee to help the regulator execute its ESG-related responsibilities.
QBE launches new financial lines product
QBE Europe has launched a new warranty and indemnity product due to increased mergers and acquisitions.
Stark FOI data reveals scale of broking’s gender diversity leadership gap
Broking’s lack of gender diversity in key senior management function roles has got worse since 2020 with the sector also falling behind the current low levels set by the FCA-regulated financial services industry, a Freedom of Information request by…
Reform of senior managers’ regime chance to speed up director approvals – compliance experts
Government plans to reform the Senior Managers and Certification Regime are an opportunity to speed up approval processes which are taking too long, compliance experts say.
Ripe Thinking hires ex-Towergate duo to 'help drive growth'
Insurtech broker Ripe Thinking, has hired Simon Trott as chief operating officer and Rob Styring as chief financial officer.