Articles by Emmanuel Kenning
Clear strikes deal for Surrey-based CR Toogood & Co
Clear Group has bought £14.5m gross written premium commercial broker CR Toogood & Co.
Liberty Specialty Markets creates director of UK retail role in restructure
Liberty Specialty Markets has named Dermot Walsh, currently head of commercial property, as director of UK retail.
Atec buys Moorhouse from Lucida
Atec Group, owner of digital niche personal lines broker Ceta and managing general agent Arkel, has added to its stable and moved into the SME market buying Moorhouse from Lucida.
BP Marsh buys into property specialist MGA
Private equity house BP Marsh & Partners has revealed its second insurance investment in a month, taking a 27% stake in Cameron Specialty.
Aviva/DLG set for July as regulators rubber stamp takeover
The Financial Conduct Authority and the Prudential Regulation Authority have given the greenlight to Aviva buying Direct Line Group clearing a pathway for the deal to complete next month.
Insurers and MGAs line up to support brokers amid Applied Epic exit
Insurer and managing general agent leaders have committed to help brokers deal with the impact of Applied Systems cutting Epic from the UK market.
ABI hails ‘welcome relief’ of government’s flood defence spending commitment
The Association of British Insurers has welcomed the government committing to spend £7.9bn on flood defences over the next decade.
ERS promotes Annie Ward to head up bespoke personal lines and agriculture
ERS has promoted Annie Ward to head of bespoke personal lines and agriculture from being product manager for bespoke personal lines.
Underinsurance concerns remain high despite slight easing – Aviva research
Aviva’s latest Broker Barometer has revealed 68% of brokers believe clients may be underinsured which while still high has eased slightly.
Applied’s UK Epic withdrawal a “sad day” for brokers
Applied Systems pulling its Epic offering from the UK underlines how competitive the market is but is sad news for brokers and staff, according to experts.
Folgate ups real estate risk appetite to £70m
Folgate Underwriting has increased its total sum insured per location to £70m for real estate and property risks.
CEO calls for SMEs to be at ‘heart’ of growth plans ahead of Spending Review
The Chancellor’s Spending Review this afternoon will be a “defining moment” for Britain’s 5.5m small businesses, according to the boss of a top 20 insurance broker.
FCA opens to applications for firms to experiment with AI in ‘supercharged sandbox’
The Financial Conduct Authority has confirmed the launch of its “Supercharged Sandbox” to help firms experiment safely with artificial intelligence to support innovation.
CII calls for 2025 New Generation Programme applications
The Chartered Insurance Institute 2025 New Generation Programme has opened for entries, with brokers having until 18 August to apply.
Markerstudy confirms consumer lending plans
Markerstudy has created a specialist division, focusing on all premium finance activities across the group, and confirmed plans to launch lending products in both the commercial and retail finance space.
Brunel takes UK network to nine opening Cardiff branch
Brunel Insurance Brokers has opened an office in Cardiff, its first permanent presence in Wales.
Father and son sentenced for ghost broking scam
A father and son have been sentenced for their roles in a ghost broking scheme, following an investigation led by the City of London Police’s Insurance Fraud Enforcement Department.
Clear brings three Sheffield businesses under one roof
The Clear Group has relocated its three Sheffield businesses into one office at Meadowhall Business Park in the city.
PremFina secures £350m facility as it reveals £1.9bn volume target
PremFina has agreed a £350m private securitisation facility with support from HSBC and Waterfall Asset Management to help its current and future growth strategy.
FCA looks at removing further unnecessary data reporting
The Financial Conduct Authority is proposing to remove unnecessary data reporting, in a move it said will benefit nearly all firms, help to reduce burden and unlock economic growth.
AssuredPartners deal still expected to close in second half of the year, says CEO Pat Gallagher
Gallagher is “playing it right down the middle of the fairway” with the US Department of Justice and still expects to close the deal for AssuredPartners in the second half of the year, according to CEO Pat Gallagher.
Three arrested in the UK in FCA led crackdown on illegal finfluencers
Three people in the UK have been arrested as the Financial Conduct Authority led an an international crackdown on illegal finfluencers in a week of action that kicked off on Monday.
Hiscox launches affirmative AI cover for tech businesses
Hiscox UK has updated its insurance for technology businesses to include affirmative cover for AI-related claims.
Former Nexus US CEO launches MGA
London-headquartered international managing general agent Amiga Specialty has officially launched promising an “aggressive growth and acquisition strategy”.