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Zurich takeover of Beazley a step closer after boards agree offer terms
The respective boards have agreed the terms of a recommended all-cash offer by Zurich for the entire issued and to-be-issued share capital of Beazley.
Bspoke increases HNW line size to £15m after locking down new capacity
Bspoke Private Clients, the mid and high-net-worth offering from Bspoke Group, has secured a new five-year capacity deal via the Accelerant Risk Exchange, increasing the maximum line size to £15m per single location.
Gwilliam seeking to make ‘genuine impact’ after nCino departure
Ashleigh Gwilliam, director of insurance at nCino, announced he has left the business and is looking for a new challenge “to make a genuine impact”.
Coversure opens eleventh office in past year
The Coversure Network, part of the Jensten Group, has strengthened its footprint in Manchester with the launch of Red Apple Brokers.
Superscript to open new Glasgow office and promotes trio
Superscript has announced plans to open a third office in Scotland and unveiled a series of promotions as part of what it has described as “next phase of growth”.
Bermuda insurer invests in MGA consolidator
The owner of UK MGAs Avid and Landmark, Bishop Street Underwriters, has announced that it has completed a strategic structured capital investment of $125m (£93m) by White Mountains Insurance Group.
Axa’s door “fully open” to new DA and schemes business – Markham
Joel Markham, Axa Commercial’s director of schemes, delegated authorities, financial lines and speciality, has outlined its pipeline in DA business remains strong; whilst noting its investment in technology means it is more “nimble” and less frictional to partners.
Allianz CEO Holmes: ‘Head-scratching’ rivals holding up commercial market hardening
Allianz UK CEO Colm Holmes has lambasted a couple of rivals for pushing “head-scratching” commercial rates into the market and discounting to a point that is “excessive in extreme”.
Aviva grows broking Rising Stars programme with largest cohort
Aviva has extended its Rising Stars programme with its 19 cohorts, aiming to help brokers retain the best talent from across their business.
Insight
Flock CEO Klinger outlines broker growth plan after Admiral deal
Flock CEO Ed Leon Klinger has outlined that it is keen to grow its broker base following its acquisition by the Admiral Group.
Broking Success: Building up – Josh Samrai, ABA Insurance
Josh Samrai, managing director of ABA Insurance, looks to become the go to insurance broker in the construction industry while training up the next generation.
Bravo targets reseeding the industry and adds insurers to digital trader
Bravo Networks is set to add two insurers to its digital trader platform by then end of the month and has highlighted there is a gap in the market to reseed the industry to make “independent regional brokering thrive”.
Gledhill: Lucida looking for growth with ‘last piece of the jigsaw’ George
Lucida Group is poised for growth, having secured new capacity, embraced data and bolstered its bench strength with a series of senior hires, according to its CEO Matthew Gledhill.
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