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HDI gets underwriting sign-off from Lloyd’s for new syndicate
HDI Global UK & Ireland has been given permission to underwrite from Lloyd’s for Syndicate 2029, meaning it can fire up activities ahead of business incepting on 1 January 2027.
Samsung to complete Canopius buy
Samsung Fire & Marine Insurance has struck a deal to buy the remaining shares in Canopius, alongside funds managed by global investment firm KKR, and Korea Investment Corporation, completing a process that started in 2019.
Irwell opens London office as GWP tops £50m
Irwell Insurance has expanded its footprint adding a London office to complement its Manchester headquarters.
Boom and PremFina partner up
Premium finance provider PremFina has partnered with Abacai Technologies’ car insurance digital brand Boom, an appointed representative of Top 100 Broker Dayinsure.
Insight
Misinformed but engaged: How brokers will stand out among AI advice
Brokers will stand out from artificial intelligence by providing context and myth busting, as customers are increasingly using AI but trust remains the biggest barrier to uptake.
Podcast: Reid and Clegg present Double Indemnity – episode 15, Paul Upton
Paul Upton, founder and principal consultant at Brookhurst Advisory, kicks off the latest wave of Insurance Age’s Double Indemnity podcast series.
Q&A: Close Brothers Premium Finance leaders Wallace and Hayes
Close Brothers Premium Finance commercial director, Colin Wallace, and sales director Elliott Hayes, stress the firm’s ‘pro-broker’ message as they tackle the changes over the past 18 months, shrinking after the partial exit from personal lines and the developments they believe will deliver growth for all parties as the business focuses in on commercial with the run-off almost complete.
Broking Success: Tim Forshaw, Tower Insurance Brokers
Fresh from its first deal and with a goal of more than doubling to £100m GWP, Tim Forshaw, CEO and founder of Tower Insurance Brokers, outlines why the business is targeting niche mutuals and the benefits of bringing global broker knowledge to local firms.
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