Articles by Emmanuel Kenning
Coalition targets being core market player with broker only UK cyber insurance launch
Coalition is hopeful of becoming “one of the standard set of markets that domestic brokers approach for coverage” within 12 months after teaming up with Allianz to launch a cyber insurance product to SMEs and mid-market businesses in the UK, CEO Joshua…
Brokers call for better claims communication from insurers
Brokers want better communication and more of a personal touch from insurers when dealing with complex claims, according to a survey by Allianz.
Allianz partners with Coalition on UK cyber insurance
US based cyber insurance provider Coalition is entering the UK market after partnering with Allianz.
Football clubs step up BI court case against insurers
A group of professional football clubs has set out its demand for multiple business interruption payments having kicked off a High Court multi-million pound Covid-19 related legal case last month.
BMS promotes Ian Gormley to UK CEO
BMS has made Ian Gormley UK CEO, effective immediately, reporting to group CEO Nick Cook.
Drop in insurance complaints at FOS
The Financial Ombudsman Service has revealed a 26% fall in insurance complaints for 2021/22.
Primary Group appoints advisors for possible £1bn QMetric sale – report
Primary Group has taken on Perella Weinberg Partners to explore a potential £1bn sale of Policy Expert’s parent company QMetric, Bloomberg has reported.
Goldman Sachs buys into Clear as ECI exits
The private equity business within Goldman Sachs Asset Management has signed up to buy a stake in Clear Group, the broker has confirmed.
MGA Fusion Specialty expands in UK
SME focused M&A and financial lines specialist managing general agent Fusion Specialty has launched Fusion Specialty UK.
Gallagher buys Innovo as “launch-pad” into Ireland
Gallagher has expanded into Ireland buying Innovo Insurance for an undisclosed amount.
New Treasury sub-committee to scrutinise regulators
The Treasury Select Committee has revealed a new sub-committee to scrutinise regulatory proposals for financial services in the post-Brexit landscape.
FCA warned on nearly 2000 potential scams in 2021/22
The Financial Conduct Authority added 1966 possible scams to its consumer warning list between May 2021 and April 2022 the watchdog has confirmed as it updated on the progress of its data strategy.
Nexus Underwriting unveils financial lines division
Managing general agent Nexus Underwriting has launched Nexus Frontier.
Greggs ups events in Zurich BI £150m court case claim
Food retailer Greggs has boosted the number of events cited in its £150m Covid-19 business interruption legal case against Zurich.
ProAktive buy part of national expansion, says Clear boss Lickens
Buying ProAktive is Clear Group’s gateway to the North and part of the plan to expand across the country, executive chairman Howard Lickens has confirmed.
Biba supports FCA travel insurance review delay as directory enquiries double
The British Insurance Brokers’ Association has backed the Financial Conduct Authority’s decision to delay a review into travel insurance signposting for medically vulnerable customers by a year.
Clear buys ProAktive
Clear Group has bought Yorkshire-based chartered broker and risk management business ProAktive, Insurance Age can reveal.
Start-up digital broker Policy Powerhouse targets over £20m GWP within five years
Policy Powerhouse has launched a holiday let buildings and contents insurance product as CEO John Bibby set out the goals of the new digital broker.
FCA delays travel insurance signposting review
The Financial Conduct Authority has delayed its review into the implementation of travel insurance signposting rules by a year.
SSP users demand improvements after latest outage
SSP users have called on the software house to improve its technology and communication after being hit by another outage yesterday, Insurance Age can reveal.
Covéa returns to profit in 2021
Covéa Insurance has reported post-tax profit of £7.9m in 2021 reversing the loss of £30.8m the previous year.
Broking Success: Moving forward and storing up success
Greg Wildman, managing director of Basil Fry & Company, unpacks how the removals, storage and self-storage specialist broker has consistently delivered yearly double-digit organic growth in a sector that is a bellwether for the UK economy
Beazley launches D&O solution for crypto companies
Beazley has unveiled CryptoGuard, directors’ & officers’ liability insurance tailored specifically for crypto companies.
Stuart Reid joins Harbour Underwriting as NED
Former Bluefin and Gallagher boss Stuart Reid has joined commercial dispute insurance specialist Harbour Underwriting as a non-executive director, Insurance Age can reveal.