Articles by Emmanuel Kenning
Markel to buy London-headquartered marine MGA
Markel has inked a deal to buy specialist marine managing general agent The MECO Group.
New owners reveal Academy and Premierline deal costs
Academy Insurance Services’ previous owner Vmans cost £7.87m while the bill for Premierline came in at £4.12m, filings at Companies House have revealed.
Gallagher tipped to win the race for PIB
A deal for Gallagher to buy PIB is said to be “80% done”, sister title Insurance Post has revealed.
Ceta posts turnover and profit growth in run-up to sale
Digital niche personal lines and SME broker Ceta Insurance grew turnover by 23% in the year parent Atec Group was bought by European private equity investor Perwyn.
Ageas CEO Middle reassures brokers after Esure deal
Ageas will keep its focus on growing with brokers, CEO Ant Middle committed, as the Esure takeover creates a “balanced” portfolio with 50% of business still through the broking channel.
Brown & Brown buys SME broker
Brown & Brown (Europe) has bought Irvine Commercial Insurance Brokers in its third deal of the year.
Partners& creates nine leadership roles
Partners& has restructured its general insurance business creating nine new managing partners roles across the UK.
Ripe completes GJW Direct buy
Ripe has bought boat insurance specialist GJW Direct from Munich Re Specialty.
Scrapping minimum training hours – Q&A with Crescens George, CEO of Wiser Academy
Last month, the Financial Conduct Authority proposed scrapping the specified minimum hours of training and development required for insurance employees.
Top 100 UK Broker Bartlett posts growth in 2024
Leeds-headquartered Bartlett Group grew turnover by 7.8% in the year ending 30 September 2024, building on expansion the year before.
CII responds to FCA’s proposal to scrap minimum insurance training hours
The Chartered Insurance Institute has no plans to alter its Continuous Professional Development expectations for members in light of the Financial Conduct Authority’s proposal to end the specified minimum hours of training and development required for…
Ardonagh Advisory buys ALP Holdings in Liverpool
Ardonagh Advisory has bought ALP Holdings, including its wholly owned subsidiary, Letton Percival.
Aviva partners with Towergate on caravan cover
Ardonagh-owned Towergate has teamed up with Aviva on caravan, park and leisure homes.
PwC highlights pressure on motor, home and specialty insurance from Trump’s tariffs
PwC has warned of higher claims costs, particularly in motor and home, leading to pressure on premium rates due to the US placing new tariffs on its global trading partners.
FOS expects motor insurance complaints to stay high in 2025/26
The Financial Ombudsman Service has flagged it expects complaints about motor insurance to remain high in 2025/26 due to the higher cost of, and supply challenges around, parts and labour.
Brokerbility adds Cass-Stephens Insurances as member
Gloucester-based Cass-Stephens Insurances has joined Brokerbility, switching across from Bravo Networks.
Law firm warns brokers clock is ticking for Covid-19 BI claims
Fenchurch Law has warned brokers to make sure clients file any Covid-19 business interruption claims now, before they are time-barred.
Matt Williams named UK and Ireland CEO at Allianz Trade
Matt Williams, currently regional credit director for Allianz Trade in Northern Europe, is moving to be CEO in the UK and Ireland succeeding Sarah Murrow.
Deal-linked Esure swings back to profit
Motor and home insurer Esure, previously touted as takeover target for Ageas, Allianz and Aviva, moved back into the black in 2024 with a £57.7m post tax profit reversing a loss of £60.1m the year before.
HDI takes Breese from Arch as cyber leader
HDI Global UK and Ireland has recruited Marcus Breese as head of cyber underwriting, joining from Arch Insurance International.
Brunel Insurance Brokers in North Devon broker deal
Brunel Insurance Brokers has snapped up the renewal rights of John Walker Insurance.
Confidence on growth stays stable as regulation remains to the fore
Around nine in ten leaders continue to feel upbeat about growth prospects for the second quarter of 2025, according to the latest findings in the KPMG UK Financial Services Sentiment survey.
Lloyd’s bound Convex releases 2024 results
Convex Group grew gross written premiums by 22% last year to $5.17bn (£4bn) as its combined operating ratio improved to 87.6% from 89.6% in 2023.
Mitsui Sumitomo to buy 15% stake in W.R. Berkley
Japanese insurer Mitsui Sumitomo Insurance has signed up to buy 15% of the shares in New York Stock Exchange listed W.R. Berkley Corporation.