United Kingdom (UK)
David Enoch retires from NIG and RSA
David Enoch, distribution and proposition director at RSA, is retiring after five years at the insurer and NIG during his 40 years in the financial services industry.
Marsh revenue rises 8% in 2024
Marsh has again posted an 8% annual revenue rise, with the total reaching $12.54bn (£10.06bn) in 2024.
Buss retires from Arag UK CEO role as Haynes steps up
David Haynes has been named CEO of Arag UK Holdings and Arag Legal Expenses Insurance as Tony Buss retires from the role.
Tributes paid following the passing of ‘one of the great characters’, Mike Slack
Former British Insurance Brokers’ Association board member and managing director of specialist motor trade intermediary Road Runner, Mike Slack, has died.
Chubb brings Houston from US to lead new UK commercial insurance division
Chubb has appointed Andy Houston as head of UK commercial insurance, moving from the USA to take up the role next month.
Blog: The compliance threat to M&A
Jill Hambley, managing director of Insurance Compliance Solutions, tackles the compliance basics smaller brokers must keep front of mind before listing a business for a potential sale to make sure any deal doesn’t end up on the scrapheap.
CFC adds property damage to large line cyber product
CFC has added property damage to its large corporate cyber proposition, stating the move came in response to broker demand and addressed a gap in the market.
Zurich adds Gallagher’s Louise Martin for new business role
Zurich has appointed Louise Martin as head of new business development, joining from Gallagher.
Five insurers scoop Gracechurch’s regional Service Quality Marques
Allianz has been awarded two UK regional market insurer Service Quality Marques by Gracechurch, with Arch Insurance, Axa, Chubb and Ecclesiastical also being accredited.
Howden consolidates Birmingham offices into one
Howden has consolidated multiple Birmingham offices into one central hub, with over 120 insurance advisors.
AIG expands Jon Hancock’s role
AIG has expanded former Lloyd’s and RSA leader Jon Hancock’s role, with additional responsibilities in global personal lines, as it reorganised into three segments.
Circle expands again in 2024 financial year
Circle 1991, the holding company for Circle Insurance Services, grew turnover by 4.8% in the year ended 30 April 2024, a Companies House filing has revealed.
Premium Credit recruits Andrea Wells to develop network and regional broker partnerships
Premium Credit has recruited Andrea Wells from Broker Insights as head of regions and networks.
Arch partners with charities to address educational inequality
Arch Insurance International has launched a charity partnership with Magic Breakfast and the National Literacy Trust to help tackle growing educational inequality in the UK.
Jensten partners with financial networking club empowering women
Jensten has teamed up with investment networking club Frankie’s to share expertise and insights with members.
Open GI continues investment in technology and AI
Simon Badley, CEO of Open GI, is looking for the business to become a “technology partner”, as it makes continued investment in technology and AI to give its brokers a competitive advantage.
IFB launches campaign to tackle paid-ad spoofing scams
The Insurance Fraud Bureau has launched a national campaign aimed at the multi-million pound problem of paid-ad spoofing claims scams, as it revealed that victims could be facing up to £13,000 in unsolicited fees.
London market wholesale broker launches construction division
Evolin Broking has launched a construction division with the appointment of Steve Downing as head of construction.
Strong solvency means insurers have capacity for M&A, says Fitch
There is surplus capital available for UK insurers to take advantage of any mergers and acquisitions opportunities, according to Graham Coutts, senior director for EMEA Insurance at Fitch Ratings.
Home insurance premiums drop 2.2%
The average quoted price of home insurance fell by 2.2% in the last three months of 2024, according to the latest research from Consumer Intelligence.
Allianz names Phuong Ly as UK commercial lead after Côté departure
Allianz Commercial has appointed Phuong Ly from Allianz Australia as managing director for the UK, starting in the post on 3 April succeeding Nadia Côté who left for RSA last year.