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HNW brokers ‘one generation from closure’ if they fail to engage new wealth
Failure to engage with high-net-worth clients that fall within the ‘new wealth’ category could see brokers disappear within a decade, unless they change their traditional mindsets.
Broker given five years prison sentence for stealing over £133,000
An insurance broker who diverted payments totalling more than £133,000 into his own personal bank account leaving clients without cover and faking claims has been sentenced to more than five years in prison.
FCA reveals green sweep for broker-related authorisations
The Financial Conduct Authority achieved across the board success in its broker-related authorisation categories between July and September, its first ‘green sweep’ in the data series.
Ex-Ardonagh and Clegg Gifford leader joins Kingfisher as private client head
Kingfisher has named Richard Miller as head of private clients and specialist motor trade.
People Moves: 17 – 21 November 2025
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Brokers warned HNW clients more likely to walk than ever if demands not met
The concept of “one size fits all is all but dead” in the private client market, according to Matthew Perkin, trading director, high net worth, art and collections at Hiscox.
FCA updates on Premier Insurance Company administration
The joint administrators of Premier Insurance Company Limited plan to end policies on 1 December 2025, meaning customers must arrange alternative valid insurance cover for their vehicles, the Financial Conduct Authority has confirmed.
IFB appoints Zurich’s Clayton as chair
The Insurance Fraud Bureau has named Scott Clayton, head of claims fraud for Zurich, as chair, stepping into the role on 1 January 2026.
Intact eyeing up broker trading in sites in South West and North East
CEO Ken Norgrove has revealed to Insurance Age that Intact Insurance is eyeing up broking trading sites in the South West and North East as it assesses whether it has gaps in its UK footprint.
Insight
Mission aiming to launch six more MGAs by end of 2026, says CEO Dingwall
Accelerant-backed MGA incubator Mission is looking to almost double the number of UK/EU firms under its auspices to 15 by the end of 2026, according to CEO Ross Dingwall.
ERS MD eyes international and motor innovation opportunities after Starr buy
While it is business as usual for ERS brokers and clients following the acquisition of parent IQUW by Starr this week, managing director Martin Hall is already spying future opportunities, especially for its motor innovation team.
Open GI CEO Badley outlines plan to attract more insurers to its panel
Open GI CEO Simon Badley has promised insurers it will make its brokers easier to deal with and more efficient to attract further providers onto its panel.
New Covea UK CEO Laurent promises consistency to brokers
Xavier Laurent has promised consistency will be key for Covea UK as he takes over the CEO role, with the insurer looking to leverage its current product set - rather than build new ones - to deliver profitability.
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