United Kingdom (UK)
Freedom Services Group launches 4-day week pilot
Freedom Services Group is rolling-out a four-day work week scheme to give staff back time with no salary reduction.
Brokers call for better claims communication from insurers
Brokers want better communication and more of a personal touch from insurers when dealing with complex claims, according to a survey by Allianz.
Claims experts urge brokers to be more transparent and interactive with clients
A panel of claims experts at the Managing General Agents’ Association conference 2022 has called on brokers to be more transparent and interactive with clients.
Brand succeeds Catlin as Convex group CEO
Paul Brand has become group CEO of start-up Convex succeeding co-founder Stephen Catlin who remains as executive chairman.
People Moves: 27 June - 01 July 2022
Stay informed of the top personnel changes in insurance.
Blog: Business interruption – three essentials for brokers to get right
Sedgwick’s Damian Glynn shares a business interruption checklist with brokers to help prevent underlying issues.
Insurtech and ESG suggested to be FCA’s next regulatory focus
Compliance experts at the Managing General Agents' Association conference, on 29 June, have suggested insurtech and ESG as the next areas for regulatory focus by the Financial Conduct Authority.
Allianz partners with Coalition on UK cyber insurance
US based cyber insurance provider Coalition is entering the UK market after partnering with Allianz.
Erimus lifts lid on Gallagher deal
Managing director Lee Elgie said Erimus had not planned to sell the business ahead of its deal with Gallagher which was announced earlier this week.
Football clubs step up BI court case against insurers
A group of professional football clubs has set out its demand for multiple business interruption payments having kicked off a High Court multi-million pound Covid-19 related legal case last month.
Folgate Insurance appoints Ian Russell as CEO
Ian Russell has been appointed group CEO of Folgate Insurance with effect from 1 July 2022 and will succeed Brian Russell.
David Howden calls for better self-regulation across insurance
CEO of Howden Group, David Howden, has insisted MGAs, underwriters and brokers must work harder on self-regulation and call out bad behaviour when they see it.
BMS promotes Ian Gormley to UK CEO
BMS has made Ian Gormley UK CEO, effective immediately, reporting to group CEO Nick Cook.
Drop in insurance complaints at FOS
The Financial Ombudsman Service has revealed a 26% fall in insurance complaints for 2021/22.
CII seeks rising stars of insurance
The Chartered Insurance Institute is seeking up-and-coming insurance professionals to join the body’s flagship talent programme: the New Generation Group.
Primary Group appoints advisors for possible £1bn QMetric sale – report
Primary Group has taken on Perella Weinberg Partners to explore a potential £1bn sale of Policy Expert’s parent company QMetric, Bloomberg has reported.
Hiscox names Flaquet as group COO
Hiscox has appointed Stéphane Flaquet to the newly created role of group chief operating officer.
Rishi Sunak flags speedy reform for Solvency II rules
The Chancellor of the Exchequer Rishi Sunak told insurance executives at a meeting on Monday that Britain wants to reform its insurer solvency rules quickly.
Gallagher acquires Erimus Group
Gallagher has added to its branch network with its buy of Erimus Group for an undisclosed sum.
Acrisure targets SME brokers in M&A drive
Acrisure is set to target SME brokers in the UK and Ireland, following its Russell Scanlan buy, as it moves forward with its M&A strategy according to president, Mark McIlquham
Blog: Firms need to safeguard employee mental health and their own liability
Plexus Law’s Carl McGuire assesses the steps employers can take concerning occupational health claims arising from issues such as stress, workload and discrimination.
Goldman Sachs buys into Clear as ECI exits
The private equity business within Goldman Sachs Asset Management has signed up to buy a stake in Clear Group, the broker has confirmed.
GRP expands in Wales with Prescott Jones buy
Global Risk Partners has bought Swansea-based Prescott Jones for an undisclosed sum.
MGA Fusion Specialty expands in UK
SME focused M&A and financial lines specialist managing general agent Fusion Specialty has launched Fusion Specialty UK.