Articles by Emmanuel Kenning
Van Ameyde UK to come under Woodgate & Clark brand
Woodgate & Clark and Van Ameyde UK have confirmed plans to become one integrated business under the Woodgate & Clark brand.
Ecclesiastical recruits Medlicott as UK casualty director
Ecclesiastical Insurance has appointed James Medlicott as UK casualty director, joining in March from HDI Global where he was director for liability underwriting.
Organic growth and deals boost Bspoke to over £13m turnover
Bspoke achieved organic income growth of over 30% on established business in the year ended 30 March 2024, chief commercial officer Ryan Gill has confirmed to Insurance Age as turnover topped £13m.
Iprism broadens capacity deal with Zurich
Managing general agent Iprism has signed a multi-year deal with Zurich bringing in capacity for its property owners and commercial combined products.
SRG details acquisition spend in run-up to PE deal
Specialist Risk Investments, bought by Warburg Pincus and Temasek last year, spent over £65m on deals in 2023 and has detailed subsequent outlays.
JMG purchase costs drop to £19.6m in 2023/24
JMG Group spent £19.63m on acquisitions in the year ending 31 March 2024, settling the bulk of the bill in cash.
Turnover and profit flat at Kelliher in 2023
Kelliher Insurance Group has posted £16.54m of turnover and £854,121 of pre-tax profit for 2023.
Jensten deal spend £119m in 2023/24
Jensten spent £119.35m on acquisitions in the year ended 31 March 2024, adding to investments of £73.3m and £36.2m in the previous two years.
W Denis boosts profits in 2024
Top 100 UK broker W Denis grew post-tax profit by 53% to £1.13m in the year ended 30 June 2024.
Aon completes Griffiths & Armour buy
Global giant Aon completed the takeover of Top 40 UK insurance broker Griffiths & Armour on 1 January.
FCA insurance related fines total £1.1m in 2024
The Financial Conduct Authority handed out £1.11m in fines to two general insurance broking individuals in 2024, as firms achieved the second year in a row of zero fines.
Aviva-target DLG launches on Compare the Market
Aviva takeover target Direct Line Group has launched three new branded motor insurance products on Compare the Market, marking its entry on to price comparison websites.
Pen names Hannah Fry as COO
Gallagher-owned Pen Underwriting has appointed Hannah Fry as chief operating officer joining the executive team on 6 January 2025.
Brokers urge Aviva not to let DLG deal dull service
Brokers have hailed the ongoing improvements at Aviva and called on the provider not to be knocked off course in the regional market should the Direct Line Group takeover complete as expected.
Ex-Criterion loss adjuster jailed for over four years for claims fraud
A loss adjuster who abused his position by submitting a series of fake insurance claims worth over £160,000, including using his wife’s name and that of his deceased father-in-law, has been jailed.
Allianz UK bolsters commercial digital trading team
Allianz UK has revealed a swathe of appointments and promotions in its commercial digital trading team with the investments including creating a dedicated expert digital distribution team for the first time.
Ageas and Saga seal £207m partnership and Acromas deals
Ageas and over-50s specialist Saga have signed on the dotted line agreeing a 20-year partnership for motor and home insurance and the sale of Saga’s underwriting business, Acromas.
i-Wonder and Compare The Market team up on bicycle insurance
i-Wonder has partnered with Compare the Market to launch the aggregator’s first bicycle insurance comparison service.
Sicsic FOI uncovers insurance firms’ £2.7m S166 bill
Insurers and insurance intermediaries paid a total of £2.7m for Financial Conduct Authority-commissioned skilled persons reviews in the financial year 2023/24, according to a Freedom of Information request by Sicsic Advisory.
FCA reveals review findings of first annual Consumer Duty board reports
The Financial Conduct Authority has set out five areas for improvements and five good aspects having reviewed the first annual Consumer Duty board reports from 180 firms.
FOS forecasts levy freeze at £70m
The Financial Ombudsman Service is planning to maintain its levy for 2025/26 at the £70m total set this financial year.
Drazen Jaksic named Zurich UK CEO as Bailey moves to global life role
Drazen Jaksic has been appointed Zurich UK CEO, moving across from being CEO of Zurich Benelux, as Tim Bailey switches to become CEO of the group’s new global life protection business.
FCA not seeking further headcount boost, says CEO Rathi
The Financial Conduct Authority is not “anticipating further significant growth” in headcount with the figure having risen from around 4,000 in 2020 to just over 5,000 today, CEO Nikhil Rathi has confirmed to the Treasury Committee.
Simply Business names Julie Fisher as permanent UK CEO
Simply Business has appointed Julie Fisher as UK CEO having held the role on an interim basis.