Articles by Rosie Simms
People Moves: 23 - 27 October 2023
Stay in the loop with the latest insurance personnel moves.
Financial uncertainty ranked as the biggest concern for UK businesses, according to Marsh
Companies across the UK are the most concerned about the impact of financial uncertainty (34%) over the next year, knocking people-related risks (31%) off the top spot, according to the 2023 Marsh UK Business Risk Report.
Telematic providers becoming less competitive as capacity drops
A new report has found telematic insurance providers are becoming less competitive, accounting for just 17% of the top five motor quotes between May and August 2023. This compares with 21% the previous quarter, which particularly effects young drivers.
CII New Gen broker team to tackle talent gap through TikTok and Instagram
The Chartered Insurance Institute 2022/23 New Generation Programme Broking group has launched a new social media-based campaign to address the insurance industry’s talent gap, and common misconceptions around insurance careers.
Aviva ramps up cyber push with micro-SME cover from £50
Aviva today launched its Cyber Respond product, imploring brokers to help educate and reduce ‘apathy’ among the massively underinsured micro business community.
Jensten makes first move outside UK as it snaps up Berns Brett
Berns Brett has been purchased by Jensten in a run of deals for growth in regions and specialisms by the Livingbridge-backed consolidator.
Interview: Julian Hucks, Starpeak founder on diversification and offering a personal touch
Julian Hucks, founder and managing director at Starpeak Insurance Solutions, originally SportsCover Direct, used the growth of the internet to build the company.
Spring CEO Tristan Sargeaunt on how he plans to double GWP in three years
Tristan Sargeaunt, CEO of MGA Spring Insure, has eyes for growth, as the business plans to at least double its gross written premiums from 30m GWP by 2026.
People Moves: 16 – 20 October 2023
Keep up to date with the latest personnel moves in insurance.
Aviva awards £300,000 of funding to 65 good causes
The Aviva Broker Community Fund awarded £300,000 of funding to 65 projects and charities across the UK at its annual awards event held at the Honourable Artillery Company in London on Tuesday.
The Broker Investment Group-backed SSP buys BLS
Stevenson Seacombe Partnership has bought 100% of BLS Insurance, a £2.5m gross written premium broker based in Bury, as backer The Broker Investment Group upped its stake in the business.
Broker Expo 2023: Influencers warned about what they post on social media
Social media influencers are putting themselves at risk by posting about high value possessions when they are out of the house.
Motor premiums surge to record high
Motorists are paying 58% more than a year ago for comprehensive car insurance, according to the latest research by Confused and WTW.
Sompo International joins Biba as 22nd partner
The British Insurance Brokers’ Association has partnered with Sompo International, its 22nd partner.
Broker Expo 2023: Data “armistice” to lead to greater info sharing and better decisions
Sharing data across the industry will help insurers and brokers make more informed decisions for their customers, according to panellists at Broker Expo yesterday.
Broker Expo 2023: Culture is vital to attracting and motivating staff
Culture is a significant factor in recruitment and attracting people to the insurance industry, during the most difficult period for hiring in the broker market’s history.
ABI warns on ‘stalled’ apprenticeships as it urges industry to push on DEI
The number of apprenticeships offered by the Association of British Insurers’ members has stalled at 1,231 the trade body has confirmed as it called for faster and more focused action from the industry.
Brown & Brown completes Kentro buy
US giant Brown & Brown has completed the previously announced takeover of Kentro Capital, which includes Xenia Broking and Nexus Underwriting.
Regulation and heavy workloads causing rising broker stress, survey finds
According to the latest Broker Wellbeing Survey, published to coincide with World Mental Health Day, almost four out of five brokers have felt stressed at work in the past year.
Provenance continues growth drive with second partnership this year
Provenance Insurance Brokers has partnered with John Clark Motor Group to create John Clark Motor Insurance Services.
PIB promotes Zach Gray to CEO of specialty division
PIB Group has promoted Zach Gray from deputy to CEO of its speciality division succeeding Steve Redgwell who has taken on the role of chair.
Brown & Brown buys Berkeley Insurance
Brown & Brown, has acquired 100% of the share capital of Berkeley Insurance, one of the UK’s largest independent insurance brokers.
Patons expands into professional drivers market
Taxi specialist Patons Insurance has enlarged its portfolio, adding professional drivers to the roster as it looks to grow nearly 50% in the next three years.
Direct Commercial launches first product on Open Gi
Direct Commercial has launched its Haul In One commercial motor solution, via Open GI’s cloud-based platform, IHP Plus, today.