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Ghost broker sentenced after pocketing £302,000
A ghost broker who charged more than 900 motorists up to £300 each for fraudulent motor insurance policies has been sentenced.
My Perfect Broker Week: Seventeen Group’s Paul Anscombe
To tie in with the first ever UK Broker Week, we asked our speakers to outline what their perfect working week would look like. Paul Anscombe, the CEO of Seventeen Group, shares his thoughts.
Pen spins out UK financial lines and liability arm with Manchester as chair
Managing general agent Pen Underwriting has today announced some changes to its structure, which sees Manchester Underwriting Management founder and CEO Charles Manchester become chair of a new division.
Gauntlet launches ‘try before you fly’ AR option
The Gauntlet Group has launched a new ‘try before you fly’ option for people looking to become an appointed representative of the network, Insurance Age can reveal.
Former Hastings boss Neil Utley leads £2.7m insurtech investment round
Insurance data intelligence provider Percayso Inform has secured a second round of investment with a £2.7m fundraise led by industry veteran Neil Utley, and its existing venture capital investor Praetura Ventures.
Hobbs adds two senior roles as part of Allianz Commercial shake-up
Allianz Commercial has created two new senior roles following the appointment of Nick Hobbs as chief distribution officer.
Allianz Trade launches protection against employee fraud and external scams
Allianz Trade has launched a standalone fraud insurance product to help businesses combat the post-Covid-19 pandemic rise in employee fraud and external scams in the UK.
Tara Foley to succeed Gienal as Axa UK & Ireland CEO
Axa has appointed Tara Foley as UK & Ireland CEO, succeeding Claudio Gienal.
Esure and PIB investor Bain Capital raises $1.15bn for new insurance M&A arm
Esure and PIB Group investor Bain Capital has announced the final close of its inaugural private equity fund, Bain Capital Insurance Fund, LP at $1.15bn (£890m), above its initial target of $750m.
Loadsure targets 'middle market' with two new cargo launches
Insurtech MGA Loadsure has unveiled two launches it describes as "dynamic ocean cargo insurance" and "an industry-first digital ocean cargo and stock throughput" product called Danube and Huron, respectively.
WTW/Confused: 12-month motor premium rise the highest since records began
Comprehensive car insurance premiums have risen by a record 40% (£222) during the last 12 months, with UK motorists now paying £776 on average, according to the latest Confused Car Insurance Price Index in association with WTW.
Roden joins Clapp for County Group reunion at Cullum's TBIG
The Broker Investment Group has added a CEO of retail with the appointment of Andy Roden, formerly of County Group.
CFC expands transactional liability offering to benefit small to mid-size M&A deals
Specialist insurer CFC has expanded its suite of transaction liability products with the launch of a new solution to cover title to shares risks (TTS insurance).
Financial & Legal targets private rental sector with LPG tie-up
Financial & Legal Insurance has announced a new partnership with Legal Protection Group to grow its presence in the private rental sector, which it claims accounts for 19% of all UK households.
RSA expands PI portfolio with XOL launch
RSA Insurance has announced it is to expand its professional indemnity offering and launch an excess of loss product.
Accelerant-backed start-up MGA Kayzen targets regional financial lines
Kayzen Specialty, a new specialty managing general agent focused on the London and UK regional financial lines market has been launched.
NBS acquires Capital Markets Underwriting
NBS Underwriting has acquired Capital Markets Underwriting, an independent underwriting agency and Lloyd’s coverholder.
Howden to sponsor British & Irish Lions
Howden is to become a principal partner of the British & Irish Lions for the next four years and the official front of jersey sponsor for the upcoming 2025 Lions Tour to Australia.
Zurich exits regional and national broker personal lines channels
Zurich UK has today announced plans to refocus its personal lines home and motor business to concentrate on high net worth through Zurich Private Clients, alongside its MGA and partnership channels.
Win a weekend trip to Venice by signing up now to attend Broker Expo
Birmingham, the new home of Broker Expo, is famously reported to have more miles of canals than Venice in Italy.
iCAN teams up with Insurance Age as official UK Broker Week partner
Insurance Age is delighted to announced the Insurance Cultural Awareness Network as an official partner of the inaugural 2023 UK Broker Week.
My Insurance Downtime: Woodgate & Clark managing director James Eveling
Woodgate & Clark managing director James Eveling gives us a look into his life outside insurance.