United Kingdom (UK)
FOI request pulls back the curtain on FCA’s broker S166s
A Freedom of Information request by Insurance Age to the Financial Conduct Authority has revealed further details on the spike in insurance skilled persons reports.
Zurich uncovered £78.5m in bogus claims in 2023
Zurich UK faced down £78.5m in fraudulent claims last year, equating to £215,117 a day.
FCA reveals slight decline in whistleblowing
The Financial Conduct Authority received 249 whistleblowing reports containing 649 allegations in the fourth quarter of last year.
IWD 2024: Geo’s Jaime Swindle on coaching and mentoring
For International Women’s Day, Insurance Age discussed with Geo Underwriting leader Jaime Swindle how women should embrace their different approach to their male colleagues.
Select Committtee slams lack of progress on sexual harassment and bullying
A House of Commons Treasury Select Committee has released its ‘Sexism in the City’ report revealing a lack of progress on sexual harassment and bullying, including serious sexual misconduct in financial services.
Aspen confirms Sarah Stanford as UK CEO
Aspen Insurance has confirmed Sarah Stanford as UK CEO, a post she has held on an interim basis since 17 January.
IWD 2024: “Be a self-promoter,” urges Tysers’ Nicola Leighton
For International Women’s Day Insurance Age caught up with Nicola Leighton, national sales director at Tysers Retail on how women must grasp any opportunity to develop their career.
Aon buys in administration Humn.ai’s assets and IP
Aon has bought Humn.ai’s technology assets and intellectual property to strengthen its own commercial fleet proposition, months after the insurtech appointed administrators.
Ardonagh completes more than $5bn refinance
Ardonagh has completed a refinancing process switching over $5bn of debt (£3.9bn) to better terms.
People Moves: 4 – 8 March 2024
Keep up to date on the latest personnel changes in insurance.
IWD 2024: “Always be authentic to yourself,” says Zurich’s Jacqui Kelly
For International Women’s Day, Insurance Age spoke with Jacqui Kelly, Zurich’s head of sales and distribution to see what the industry can do to help promote women up into more senior roles.
Aviva boss Storah commits to consistency and stability for brokers
Jason Storah, CEO of UK and Ireland general insurance at Aviva, has hailed the insurer’s “really strong” results and promised brokers will benefit from the Probitas deal in 2024 alongside ongoing commitment and stability across commercial and personal…
Blog: Why building safety case reports can be the gold dust for everyone
The evolution of construction techniques and material mean it is more important than ever that brokers don’t lose sight of the need for comprehensive building information. Julian Strutt, director of estate adjusting at Charles Taylor explains.
Aviva open to bolt-on deals but unlikely to buy further in Lloyd’s, says Blanc
Aviva will maintain a “selective and disciplined approach” to mergers and acquisitions, according to group CEO Amanda Blanc as she indicated the insurer is not eyeing synergies with a Direct Line bid.
TBIG makes fourth major investment of the year
The Broker Investment Group has increased its stake in Callaway & Sons Insurance Consultants, located in Chelmsford, Essex to 100%.
Aviva posts double digit UK GWP and operating profit rises for 2023
Aviva grew premiums in the UK by 16% last year to £6.19bn with rises across both commercial and personal lines.
Meet the MGA: Generis
A focus on expertise, human touch and a future-proofed portfolio have been key to the first five years of success at Generis. Managing director Andy Francis explains the importance of a hard-won reputation and making sure staff come to work with smiles…
Acrisure’s Russell Scanlan buys construction specialist BLG
Nottingham-headquartered Russell Scanlan has bought Leicester-based Building & Land Guarantees.
Allianz Commercial boosts regional distribution to support brokers
Allianz Commercial has appointed four regional distribution managers covering the South, North, London, Midlands and the South West regions.
Home insurance prices jump 40% in a year
The average quoted price of home insurance increased by 40.6% in the 12 months to January – the highest annual increase since Consumer Intelligence began tracking prices in 2014.
Howden buys performing arts broker Hencilla Canworth
Howden has bought Croydon-based Hencilla Canworth GI to boost its sport and entertainment division.
Momentum building with brokers into 2024, says Hiscox leader Musselle
Hiscox is adding 10 specialist regional underwriters to continue its push with brokers having grown the business last year, group chief underwriting officer Joanne Musselle told Insurance Age.
Miller posts record £240m revenue for 2023
Miller hit a record level of £240m in revenue last year, driven by 19% organic growth, the broker has confirmed.
Simply Business expands partnership with Zurich
Zurich has grown its partnership with digital broker Simply Business to provide commercial combined quotes for businesses with a turnover of £750,000 or more.