Articles by Rosie Simms
Biba grows member funds to almost £5.8m
The British Insurance Brokers’ Association has revealed a 13% increase in members funds to £5.78m at the end of 2023.
AbbeyAutoline makes second book buy in a week
AbbeyAutoline has purchased Down Insurances’ customer book of business, based in Downpatrick, further strengthening its presence in Northern Ireland.
People Moves: 1 – 5 July 2024
Stay in the loop with the latest insurance personnel moves.
Gauntlet sees first graduate of Broker Builder and ARs joining from other networks
Gauntlet managing director, Roger Gaunt, told Insurance Age he is “frustrated” with the number of account executives that have joined its Broker Builder but highlighted the number of appointed representatives switching from other networks.
Munich Re MGA put into run-off
Munich Re has put GrovesJohnWestrup, its high-net-worth managing general agent, into run-off.
Trudgill: One year as Biba CEO
Graeme Trudgill, CEO of the British Insurance Brokers’ Association, looks to tackle challenges facing brokers as he celebrates a year in the role.
SRG buys political violence specialist Tristar Special Risks
Specialist Risk Group has acquired political violence specialist Tristar Special Risks building out SRG’s managing general agent, MX, which was launched in December 2021.
Beazley names Sam Franks as country manager of UK & Ireland
Sam Franks has been appointed to the newly created role of country manager of UK & Ireland at Beazley, effective immediately.
Partners& acquires Switch Health
Partners& has acquired Cheltenham-based Switch Health to enhance its private medical insurance proposition for clients.
Jukes strengthens presence in the Midlands with latest buy
Worcestershire-based Jukes Insurance Brokers has purchased SO Insurance Services, based in Solihull, growing its presence in the Midlands.
Bspoke ramps up in HNW with multiple ex-H&L appointments
The Bspoke Group has appointed Adrian Ewington as managing director of Bspoke Private Clients, its mid and high net worth specialist managing general agent.
Insurance broker enters Love Island villa
Trey Norman, commercial insurance broker at One Call, entered the Love Island villa this week.
People Moves: 24 – 28 June 2024
Keep up to date with personnel moves within the insurance industry.
Avid targets £100m GWP by end of 2025
Managing director of Avid Insurance Services, Stephen Gibson, is targeting £100m of gross written premium by the end of 2025, growing from around £75m to £80m this year.
The stats: Q1 2024 - Commercial combined slows to near halt
The year has started with almost no average premium growth in commercial combined while fleet and property owners have powered ahead, according to the latest statistics from Acturis.
Tyler appointed Academy CEO as Normand exits
Academy Insurance Services has named Martin Tyler CEO as Gilles Normand steps down to move into a non-executive career.
Ex-Aviva CEO Winslow raids former employer again
Direct Line Group has named Maz Bown as group chief risk officer, subject to regulatory approval, joining from Aviva where she was chief risk officer, UK General Insurance and Health.
Atec Group appoints ex-BGL CEO and aims to accelerate M&A after PE swoop
European private equity investor Perwyn has acquired Atec Group, in an off-market transaction from Kester Capital.
Cowens MD aims for minimum 10% income growth this year
Mark Wilson, managing director of Cowens Group’s general insurance division, told Insurance Age he would be “disappointed” if income didn't grow by at least 10% by the end of the year.
People Moves: 17 – 21 June 2024
Follow for the latest personnel moves in insurance.
Broking Success: Right opportunity
Matthew Collins, founder and managing director of Ascend Broking, targets growing from £14m to £50m gross written premiums in five years as the firm positions itself as a viable alternative to larger brokers.
Peach Pi launches bespoke surgery scheme with broker
Peach Pi has partnered with specialist broker Practice Cover to build a bespoke scheme to meet the specific protection requirements of its surgery clients.
AUB boss looks to leverage scale as it invests in Momentum
Howard Pepper, founder and managing director of Momentum Broker Solutions, is “excited” by access to the London market through Tysers, after Sydney-based owner AUB signed up to buy a 40% stake in the appointed representatives network.
Clegg Gifford to open branch in Tunbridge Wells as network buildout continues
Clegg Gifford is targeting £5m gross written premiums per branch as it looks to open a new location in Tunbridge Wells and relocated its Bristol branch, Insurance Age can reveal.