Articles by Insurance Age staff
Kitsune enters administration after reinsurance renewal declined
Specialist motor managing general agent Kitsune Associates has entered administration after its reinsurance renewal was declined.
Markel merges cyber and financial lines divisions
Markel International is to merge its professional and financial risks division with its recently expanded cyber team.
Capsule and Aviva launch start-up insurance pilot
Specialist insurance broker Capsule and technology provider Codat have teamed up with Aviva to pilot a new technology-led approach to ensuring high-growth businesses have the right level of cover in place.
Qlaims partners with MVP and Ataraxia Network
Insurtech MGA Qlaims has partnered with MVP and Ataraxia Network to offer their brokers its claims and risk management solution.
Atlanta claims UK first with Plain Numbers roll out
Atlanta, claims to have become the first organisation in the UK to have key customer high volume communications certified by social enterprise, Plain Numbers.
Broker Expo 2022: Insurers urged to ‘get rid’ of volume barriers on new broker agencies
Insurers have been urged to get rid of broker minimum premium commitment levels which ‘stymie consumer choice’.
Hiscox promotes trio from within to reshape broker leadership team
Hiscox has announced the appointment of James Stewart-Smith to broker sales director - a newly created role within the broker arm of its UK business. He will take up the role with immediate effect and be responsible for managing all seven regional…
Market Moves - November 2022
The latest recruitment news from around the industry.
Products: November 2022
Product launches including cover for smaller contractors, SME excess of loss, community enterprises and embedded scheme business
Qlaims extends its capacity deal with Great American International
Managing general agent Qlaims has extended its partnership with Great American International Insurance (UK).
Video Q&A: Travelers Insurance on the opportunities afforded brokers by the UK technology sector
Travelers Insurance’s Stuart Hawkins talks to Insurance Age about the coverages and issues brokers need to be aware of to manage clients in the technology sector.
RCapital and Montague complete UK General deal
Rcapital Partners LLP, and joint investor Montague Investment Group have completed the acquisition of UK General Insurance and Precision Partnership Limited, following regulatory approval.
People Moves: 17-21 October 2022
Keep up to date on the latest personnel changes in insurance.
Trade bodies battle to trim FCA fair value paperwork ‘crippling’ small firms
Trade bodies are working with the Financial Conduct Authority to narrow down the focus of its fair value assessments which comes with a huge regulatory burden.
Broker PI expert Inperio extends capacity deal with Accredited until 2027
Accredited Insurance (Europe), the wholly owned subsidiary of R&Q Insurance Holdings, has signed a long-term extension with professional indemnity specialist managing general agent Inperio (London).
Biba vows to fight for brokers in FCA meeting on fair value assessments
The British Insurance Brokers' Association has vowed to fight for brokers in a key meeting with the Financial Conduct Authority over fair value assessments.
Wiser Academy targets 500 recruits after getting UCAS recognition
Wiser Academy, the specialist insurance training provider, has been appointed to the Universities and Colleges Admissions Service register, which it claims makes it the only training company in the UK to be on this roster.
FR Ball announces merger with Wessex BS and acquisition
Abergavenny based brokers FR Ball has merged with high-street player, Wessex Business Services to create Wessex Insurance Brokers.
Market Moves – October 2022
The latest recruitment news from around the industry.
Ardonagh Specialty to buy Oxford Insurance Group
Ardonagh Specialty has signed up to acquire Lloyd’s broker Oxford Insurance Group.
Aviva strikes £100m-per-year capacity deal with Pen Underwriting
Pen Underwriting has announced a new multi-year strategic partnership with Aviva in support of its personal lines and property owners’ business, which will see Aviva providing capacity for over £100m in premium per annum.
Insurance figures pay their respects to Lord Sheikh
Insurance figures have paid their respects following the passing of respected former broker - and the first Conservative Muslim peer - Lord Mohamed Sheikh, who died on 22 September aged 81.
Doyle to take over as Marsh McLennan CEO as Glaser announces retirement
Marsh McLennan has announced that John Doyle will take over as president and CEO at the beginning of 2023 succeeding Dan Glaser.
MGA Spring Insure enters the commercial PI market with McManus hire
Spring Insure, the specialist financial and professional lines managing general agent, has appointed Paula McManus as senior professional indemnity underwriter effective 3 October 2022, Insurance Age can reveal.