Aviation
Broker Paratus & Partners launches to focus on energy price risks
Paratus has launched its insurance broking division Paratus & Partners which offers energy price risk broking expertise.
SiriusPoint takes Alex Hardy from RSA
SiriusPoint has swooped for RSA’s sales and distribution director Alex Hardy.
Swiss insurance group gets green light to open UK branch
Helvetia Global Solutions has received confirmation from UK regulators that its authorisation to underwrite non-life insurance business in the UK has been approved and comes into effect on 1 November 2023.
Convex-backed Skyrisks partners with Quotech for air mobility product launch
Managing general agent Skyrisks has teamed up with technology platform developer Quotech to launch insurance cover for the advanced air mobility sector.
Drone MGA Moonrock to target brokers after getting FCA authorisation
Drone insurance specialist managing general agent Moonrock is to up its efforts to court the broker market after receiving full authorisation from the Financial Conduct Authority today, Insurance Age can reveal.
People Moves: 6 – 10 March 2023
Follow the latest insurance personnel moves.
Meet the MGA: Specialty MGA
With a USP of providing brokers and their clients with "immediate and predictable answers," Specialty MGA UK’s chief underwriting officer Philippe Bara outlines his plans for the new business.
Biba welcomes Travelers Europe as a partner
The British Insurance Brokers’ Association has teamed-up with Travelers Europe taking its partners total to 19.
Insurance ban on Russian oil ships - report
The UK and EU have teamed up to ban the insurance of ships carrying Russian oil, the Financial Times has reported.
Zurich to sell Russian business to local team and exit market
Zurich Insurance Group has agreed to sell its Russian business to 11 members of the unit’s team.
Biba launches drone scheme
The British Insurance Brokers Association has teamed up with Coverdrone to offer its members access to drone insurance products.
Beazley revamps underwriting team structure
Cyber risks to become a standalone division as part of the changes.
WTW follows Aon and Marsh McLennan and withdraws from Russia
Ownership of Russian businesses will be transferred to local management as broker expresses dismay at the conflict.
Aon suspends Russian operations
Staff in Russia have been put on paid leave by the broker as the attack on Ukraine escalates.
Marsh McLennan to exit Russia
Businesses to be transferred to local management who will operate independently.
Government sets 28 March deadline for Russian aviation insurance ban
The UK government revealed the insurance sanctions on 3 March in response to the invasion of Ukraine by Russia.
Lloyd’s open for growth but demanding sustainable performance
Market leader stresses remediation is not a ‘once and done’ exercise as focus increases on catastrophe risks.
UK brings in sanctions blocking Russian access to aviation insurance
AM Best put ratings of suite of Russian insurers and reinsurers on negative watch at the start of the month.
Clear Group buys H R Jennings & Co
The South Croydon-based broker was established in 1922 and specialises in aviation and small craft insurance.
ERS gains approval for expansion into new business lines
The provider's Syndicate 1856 is moving into business classes including D&F property, marine and energy liability, political risk, terror and war, cargo and specie and professional lines, following $350m capital injection.
Marsh takes from Gallagher for aviation lead
The broker has made a series of appointments in its aviation division as Mark Walters comes in as MD.