Articles by Insurance Age staff
SSP adds Percayso Inform to platform
The software house said it made the move to broaden its data enrichment capabilities.
Admiral reports increased profit and turnover
Profit before tax hit £769m, a 26% uptick on the 2020 result as it flags plan to move into small business insurance.
SRG adds motor trade specialist to portfolio
The move follows snapping up the specialists risks team from Bridge Insurance at the start of the year.
BI highlighted as commercial flood risk issue
A survey by parametric provider FloodFlash saw 71% of brokers say they have had to handle flood incidents for clients.
EV charging product launched
Recharge Rescue has developed a product, which can be sold via brokers, to help EV drivers if they run out of power.
People Moves: 21-25 February 2022
Keep up to the date with the latest industry moves in the insurance space.
Polaris imarket policy count ticks up to 490,000 for 2021
The organisation said the use of imarket to place commercial lines business was at an “all time high”.
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GRP-owned Premier Healthcare makes third buy
The broker is to acquire the business and assets of Amba Care and Wellbeing (Amba C&W).
Nexus rebrands as Kentro
Nexus Underwriting, an independent specialty managing general agent (MGA) in the London market, and Xenia Broking, a insurance and surety distribution specialist, will operate as distinct, independent brands under the Kentro holding company.
Broker Daniel Wilkinson found not guilty in sex assault case
Wilkinson was cleared of groping a woman at an industry awards dinner in 2017.
QBE International improves COR to 90.6%
The insurer’s international division, which includes the UK, posted a 15% increase in gross written premium for the full year 2021.
Jackson Lee highlights EV as "growing opportunity" for brokers with new launch
Jackson Lee Underwriting has launched electric vehicle early termination cover for companies participating in salary sacrifice schemes, as part of a wider push into the EV space in 2022.
Primo managing director Robin Foster-Taylor passes away
The managing director of Southend-based broker Primo, Robin Foster-Taylor has passed away.
Ashwin Mistry steps down
The Brokerbility and BHIB executive chairman will exit the role at the end of this month.
Zurich UK reports £470m operating profit
The provider reported that the UK business grew 13% in its P&C division.
PIB reshuffles management team
The changes include Adrian Colosso becoming chairman of its specialty business and Bernard Macgeean set to become chair of Q Underwriting and PIB’s Schemes & Affinities.
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Aston Lark makes second PMI deal for 2022
Healthwise becomes part of the Howden-owned consolidator.
People moves: 7-11 February 2022
Keep up to date with the latest moves from the insurance space.
FCA appoints interim chair
Richard Lloyd will take up the position while a permanent replacement for Charles Randell is found.
FCA staff vote in favour of industrial action
A ballot saw 87% support strike action against proposed cuts to pay and conditions as Unite accuses CEO Rathi of “waging war” on staff.
Aqueous increases capacity in professional indemnity push
The managing general agent has increased capacity under plans to expand its foothold across the UK professional indemnity insurance market in 2022.
People moves: 31 January- 4 February 2022
Keep up to date with the latest industry moves from the insurance space.