United Kingdom (UK)
Interview: Chris Wallace, executive director, UK, QBE Insurance
Chris Wallace, executive director, UK, QBE Insurance, speaks to Siân Barton about his career to date, a love for all things Latino and Liverpudlian and his plans for the future
Coversure Poole owner John Palmer buys Croydon franchise
Owner of three Coversure franchises, John Palmer, has purchased Coversure Croydon with plans to buy more.
TL Dallas posts 10% profit rise in 2021
TL Dallas Group has reported a 5.1% rise in turnover to £9.78m in 2021.
Ex-Hiscox UK CEO Thaker joins Abacai as Complete Cover CEO
Bob Thaker, the former UK CEO of Hiscox, has taken over as CEO of insurtech Abacai’s broking business Complete Cover Group, Insurance Age can reveal.
Zurich UK overhauls graduate hiring process
Zurich UK is changing its graduate hiring process to cater for “generation covid” after lockdowns affected young peoples’ chances to gain work experience.
Stubben Edge secures £5.6m investment
UK-based Insurtech Stubben Edge has secured a £5.6m investment which it said will be used for further growth through new business and an “ambitious” M&A strategy.
Biba and FCA call off events in light of Queen Elizabeth's death
The British Insurance Brokers’ Association and the Financial Conduct Authority have decided to postpone events that were scheduled before the funeral of Queen Elizabeth II.
People Moves: 5-9 September 2022
Keeping you up to date with the latest insurance moves.
Biba sets out top three broking wish list for new PM
The British Insurance Brokers’ Association is hoping for proportionate regulation, the introduction of an enhanced growth and competitiveness objective for regulators and changes to IPT, CEO Steve White told Insurance Age setting out its wish list for…
Lloyd’s posts £1.8bn half-year loss
Lloyd's has posted a loss of £1.8bn for the first half of 2022 compared to a profit of £1.4bn in the same period last year.
Opinion: Welcoming greater broker involvement with loss adjusters
Recently appointed Cila leader David Ross on the drive to have the majority of members achieve chartered status.
Analysis: Insurance dives deeper into returners talent pool
With an increasing number of insurance companies offering returners programmes Emmanuel Kenning looks into the benefits for all concerned as experts encourage even more firms to access this relatively untapped source of talent
Former RSA chief Scott Egan appointed CEO at SiriusPoint
Specialty insurer and reinsurer, SiriusPoint, has named ex-RSA boss Scott Egan as CEO, effective 21 September.
The FCA argues back at financial inclusion being included in mandate
The Financial Conduct Authority has responded to a Treasury Select Committee report on the Future of Financial Services Regulation disagreeing with the recommendation that it should ‘have regard’ to financial inclusion.
Drop in complaints to FOS but buildings and motor insurance feature in top five
Buildings insurance and car/motorcycle insurance have featured in the Financial Ombudsman Service’s top five most complained about products for the first quarter of the financial year.
FCA keeps lid on travel spend in 2021/22
The Financial Conduct Authority only spent £106,958 on staff travel in the last financial year, a Freedom of Information request by Insurance Age has revealed, far below its annual multi-million pound pre-pandemic outlays.
SRG completes Hamilton Leigh buy
Specialist Risk Group has completed the acquisition of motor-trade specialist Hamilton Leigh for an undisclosed sum.
DR&P Group strikes five deals in 2021 after Inflexion investment
Broker holding company DR&P Group made five acquisitions in 2021 after private equity house Inflexion invested in the business and secured funding from Ares Management, a filing at Companies House has revealed.
Howden open to sharing “journey” with fellow brokers as it targets plastic neutrality
Howden Group has pushed ahead with its plans to achieve plastic neutrality and stands ready to help other brokers go down the same path, Sophie Arup head of CSR has updated Insurance Age.
Markel launches media and entertainment product
Markel International has unveiled a new media and entertainment policy designed as a cross-class liability product.
Coalition’s broker-only cyber offering goes live
San Francisco-headquartered cyber insurance provider Coalition has begun trading in the UK.
Jensten rolls out combined underwriting business
The Jensten Group has brought Policyfast, City Underwriters and Gresham Underwriting together under a single brand with the launch of Jensten Underwriting.
PFS figures reinforce scale of financial challenge at CII
The financial performance of the Chartered Insurance Institute has again come under scrutiny as the Personal Finance Society posted its figures for 2021.
People Moves: 30 August - 2 September 2022
Keeping you up-to-date with the latest insurance moves.