United Kingdom (UK)
NFP buys Direct Safety Solutions
NFP has added to its UK portfolio buying West Midlands-based health and safety consultancy Direct Safety Solutions.
Stella targeting £300m motor GWP within years, says Sam White
Managing general agent Stella Insurance launched in the UK with a motor offering in November 2022 and is targeting £10m of gross written premium this year, according to its founder and CEO Sam White.
Cardiff City tried to insure Sala after his death in plane crash – Miller says in £10m court case
Cardiff City tried to insure footballer Emiliano Sala just hours after his plane went missing, according to court documents.
Speculation links Ageas Group with a fresh takeover approach
Ageas Group is being eyed as a takeover target according to reports.
People Moves: 16 - 20 January 2023
Keep up to date with the latest personnel moves within the insurance market.
Only 14% of smaller SMEs have business continuity plans: Aviva
Aviva has urged brokers to keep having the conversations needed with clients on business continuity plans as the insurer revealed only 28% of firms have one in place.
Liiba zooms in on next generation with 2023 agenda to drive change in London market
The London and International Insurance Brokers’ Association has published its agenda for 2023, flagging a focus on putting insurance brokers – particularly younger professionals – at the centre of the London insurance market’s modernisation.
Cost-of-living crisis to place additional regulatory focus on market
DAC Beachcroft has published its predictions for 2023, which touches on the impending implementation of the Consumer Duty and what the Financial Conduct Authority will expect of the insurance industry during the cost-of-living crisis.
RSA adds to CIO leadership team
RSA Insurance has appointed two new women to its CIO leadership team with Sally Ng as specialty and commercial delivery director, and Katie Hermans as head of technology risk management.
JMG targets doubling in three years
Having hit £200m gross written premium years ahead of schedule, JMG Group is targeting doubling over the next three years, CEO Nick Houghton revealed to Insurance Age.
Dozens of law firms caught in ‘very difficult’ PI market have closed
Nearly 50 law firms have had to close in just over a year as soaring professional indemnity costs bite hard, according to a legal adviser.
Sompo International expands outside London with Birmingham office
Sompo International has flagged the importance of getting closer to brokers as it revealed the opening of an office in Birmingham, its first in the UK outside of London.
Acrisure snaps up Affinity Brokers in Scotland
Acrisure has bought Glasgow-based Affinity Brokers in its 11th deal within the UK market.
Ageas makes significant changes to its UK executive team
Ageas UK has made two executive team appointments, with Rashmi Rao as chief information officer, and Stephen Linklater as claims director.
Analysts warn of further hit to UK property insurance market in 2023
Increasing weather-related claims and soaring rebuild costs will damage the profitability of UK property insurers this year, according to analytics company Globaldata.
AssuredPartners appoints Ben Crabtree as London MD
Ben Crabtree has been appointed managing director of AssuredPartners London. He will report to AssuredPartners International CEO David Heathfield.
Allianz appoints Graham Stait as Midlands and South West regional manager
Allianz Commercial has appointed former head of claims operations, Graham Stait, as regional manager for the Midlands and South West commercial regions.
One Broker targeting £4m Ebitda
Norwich-headquartered One Broker has targeted pushing Ebitda above £4m within two years through sustained organic growth and acquisitions, CEO Robin Plaster revealed to Insurance Age.
The Society of Insurance Broking names Yutree director Laura Hancock as chair
The Society of Insurance Broking, a part of the Chartered Insurance Institute, has appointed Laura Hancock as chair, effective this month.
Aviva enters offshore wind insurance market
Aviva has extended its renewable energy insurance offering into the offshore wind market.
Insurance Cares: Broker helps launch home contents cover aimed at closing premium poverty gap
ECH Facilities has launched a home insurance policy in partnership with the Salvation Army to help people with lower incomes to protect their contents.
Former Taoiseach Enda Kenny poised to join new Ardonagh International board
Ardonagh is planning to bring Enda Kenny, former Taoiseach in the Republic of Ireland from 2011 to 2017, into the company, a spokesperson has confirmed.
Zurich reports double digit boost in female senior hires
Some 45% more women were hired into senior roles at Zurich UK between January and November 2022, compared to the same period in 2019, the insurer has revealed.
Quote Me Today promotes Seager to CEO
Quote Me Today has promoted its chief insurance officer Andy Seager to become CEO, replacing founder Andrew Jackson who takes up the role of chairman.