Articles by Rosie Simms
Mid-market boss Lyons wants Zurich to become a “nuisance” to rivals
Morgan Lyons, head of mid-market at Zurich, is looking to grow in the smaller mid-market space and become a “nuisance” to its competitors.
Broker Insights launches in the US
Insurtech Broker Insights has launched in the US following research and collaboration during which time it analysed almost $1bn (£770m) of gross written premiums.
Alan Boswell partners with Peach on teachers’ liability scheme
Alan Boswell Group has partnered with commercial insurer Peach to grow and enhance its teachers' liability scheme.
FCA non-financial misconduct survey ‘uncomfortable reading’ – CII
Insurance industry bodies and practitioners have welcomed the Financial Conduct Authority publishing the findings of its non-financial misconduct survey and see opportunity to drive change.
FCA non-financial misconduct survey leads to call for action and benchmarking
The Financial Conduct Authority has released the findings from its non-financial misconduct survey as a benchmark for firms to reflect on whether their own processes, procedures and controls provide both robust detection and appropriate outcomes.
People Moves: 21 – 25 October 2024
Stay in the loop with the latest personnel moves in insurance.
Broking Success: Service is key
Jamie Coyne, managing director of Fenchurch Insurance Brokers, and Carol Bridgland, associate director, look to hit the £20m GWP milestone in 2025, with the broker having grown quickly in the past two and a half years.
Todd & Cue secures funding facility from Barclays
Todd & Cue has secured a funding facility from Barclays as part of a refinance supported by WilliamsAli Corporate Finance.
Movo Accelerator launched for start-up brokers
Movo Partnership has launched a platform for entrepreneurs to develop their own broking business, Movo Accelerator, in a first push since Tysers’s owners AUB took an 80% stake.
Epoq launches landlords legal expenses insurance
Epoq has teamed up with Temple Legal Protection to launch legal expenses insurance for landlords, adding to its portfolio after last month’s product release.
Premium finance charges as high as 37% but dropping overall – report
Pearson Ham has found average premium finance costs for motor and home insurance fell over the last year but also revealed charges as high as 36.8%.
People Moves: 14 – 18 October 2024
Follow the latest insurance personnel moves.
Premium finance review welcomed as EY warns of ‘heightened regulatory scrutiny’
Industry practitioners have broadly welcomed the Financial Conduct Authority launching a review into premium finance.
Pen revamps cyber proposition for large corporate clients
Pen Underwriting has relaunched its cyber proposition for large corporate clients, doubling excess of loss limit (XOL) and introduce a broader risk appetite.
Industry reacts to government motor task force
The wider insurance market has given a mixed reaction to the UK government’s motor task force, with its industry-led approach questioned, but experts note it is a step forward.
Ex-Simply Business boss Jason Stockwood named as NED at Ripe
Companies House has confirmed the appointment of former Simply Business group CEO Jason Stockwood as non-executive director of managing general agent Ripe.
SRG buys in Singapore as it starts Asia expansion
Specialist Risk Group has acquired HL Suntek Insurance Brokers based in Singapore, subject to customary closing conditions, to spearhead its expansion into Asia.
Broker Expo 2024: Sellers have to work harder in 12 months after acquisition
Richard Pitt, managing director at Critical Friend Partnership, observed at the Broker Expo 2024 that in the first 12 months after the acquisition, the seller is “probably going to have to work harder”.
Broker Expo 2024: Education part of solution to cyber cover confusion
Specialist insurers can provide cyber cover expertise and training to brokers to build confidence, according to experts at the Broker Expo 2024 in Birmingham.
Broker Expo 2024: Talent shortage threat to market
A panel of insurance leaders at Broker Expo 2024 in Birmingham has highlighted a shortage of talent as one of the biggest threats to the industry to solve together.
People Moves: 7 – 11 October 2024
Keep up to date with the latest insurance industry personnel moves.
Academy owner buys Airsports Insurance Bureau
Beyond Doubt Holdings, which operates as Academy and Premierline, has purchased Hampshire-based Airsports Insurance Bureau.
Broker stress levels hit six-year high
Two in five brokers have reported stress levels as high or very high, the record since Ecclesiastical’s annual Broker Wellbeing Survey was launched in 2019.
Mulsanne premiums drop 40% in 2023 as it receives £22m capital injection
Mulsanne Insurance’s gross premiums fell by £75.3m during the year ended 31 December 2023 to £112.9m, according to its latest Solvency and Financial Condition Report.