United Kingdom (UK)
Ecclesiastical powers up pet in schemes push
Ecclesiastical Insurance has partnered with Brooks Braithwaite, part of the Petcover Group, to deliver a new scheme aimed at pet professionals.
JMG adds £100m of deal firepower
JMG Group has raised an additional £100m of committed acquisition facilities from existing lender, Ares Management, Insurance Age can reveal.
Cowbell expands cyber appetite from SMEs to £1bn turnover firms
Cowbell has extended the reach of its cyber insurance beyond SMEs to cater for businesses with an annual turnover of up to £1bn.
Apprenticeship and return-to-work schemes in Partners& 10-point plan
Partners& has set out a sustainability 10-point plan, part of its challenger strategy for 2024-26, which includes establishing an apprenticeship scheme and a return-to-work programme aimed at the over 50s.
Hug Hub stakes revolution claim with “first of its kind in the UK” extranet roll out
Hug Hub has launched Extranet Hub, an aggregator-style quote tool, claiming it is the first of its kind in the UK that promises to revolutionise commercial quoting for brokers.
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.
Welsh broker aims to inspire others through appearance on the BBC’s The Traitors
Andrew Jenkins, commercial account executive at PG Insurance, found being on series two of the BBC’s The Traitors a surreal experience, he revealed to Insurance Age.
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.
Opinion: The role of LEI in 21st century justice
Access to justice is one of the cornerstones of civilised society; without it, law and order risk breaking down, threatening the stability we’ve come to take for granted, argues Arc Legal’s Tim Mullin.
Staysure names Finn Walsh group CEO
Finn Walsh has been named Staysure Group CEO, taking over from founder Ryan Howsam.
Reich posts flat turnover and lower profits as sale costs bite
Reich Insurance Brokers grew turnover by a ‘marginal’ 1% to £14.82m in the year of its sale to Howden.
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.
W Denis profits slip back after record year
W Denis has posted a fall in profits and turnover for the year ended 30 June 2023, slipping back from record highs the previous year.
Caravan Guard reports profit drop
Halifax-based Caravan Guard has reported a 10.7% fall in profit after tax to £2.96m for the year ended 31 March 2023.
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.
Partners& deal prices revealed
Partners& paid out £15.2m for five purchases made in the year ended 31 March 2023, a filing at Companies House has revealed.
Insurance industry achieves FCA fine free 2023
The Financial Conduct Authority dished out £52.8m in fines in 2023, the second lowest total since the regulator was formed in 2013.
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.
Review of the Year 2023: Aviva’s Dave Martin
Dave Martin, MD of distribution and SME trading at Aviva, hails the virtue of “execution, execution, execution” and predicts underwriters and face-to-face meetings will come back in vogue.