Articles by Rosie Simms
Clear buys Accelerate Underwriting
The Clear Group has made its fourth managing general agent acquisition, snapping up Accelerate Underwriting.
SRG adds to MGA offering with Capulus
Specialist Risk Group has purchased Capulus, a specialist motor fleet managing general agent, based in Wales, and will build out SRG's MGA MX which was launched in December 2021.
How can the insurance industry bust ghost brokers for good?
With ghost broking a growing and persistent threat to the insurance industry, Rosie Simms asks whether technology is making the problem more prevalent – or easier for insurers to spot.
People Moves: 19 – 23 August 2024
Stay in the loop with the latest insurance personnel moves.
“Nobody came close to AUB” – CEO Cheesbrough on Movo’s new investor
The Movo Group is looking to create larger broking hubs and kickstart its directly authorised network Fusion after AUB took an 80% equity stake, according to Lea Cheesbrough, Movo Partnership CEO.
Ex-Ardonagh MD Barclay takes over as CEO of top 100 broker
Lycetts has appointed Ian Barclay to CEO, succeeding Charles Foster who is retiring after seven years in the role.
Allianz PL MD George hails LV Broker rebrand a success
Intermediaries are asking Allianz for more personal lines capacity and have welcomed the rebrand from LV, according to Nicola George, the new managing director of the insurer's broker PL arm.
Ardonagh Advisory buys R K Henshall
Ardonagh has acquired chartered insurance broker R K Henshall & Co based in Sandbach, Cheshire, subject to regulatory approval.
Accredited announces first major capacity deal post R&Q sale
Aventum managing general agent Rokstone has agreed a multi-year and multi-strategy capacity agreement with Accredited.
Over half of businesses have no flood action plan
A survey by Previsco has revealed that 54% of public sector and private companies do not have an action plan in place to deal with the increased risk of flooding.
People Moves: 12 – 16 August 2024
Keep up to date with the latest insurance industry personnel moves.
MGA expands with London office launch
Managing general agent Giant Insurance has launched an office in London, the fifth for the company.
Scor’s McMurdo replaces Johnson as Accredited UK and European boss
Stuart McMurdo has been named president of Accredited UK and Europe, effectively replacing Colin Johnson, CEO of Accredited Insurance Europe.
Partners& buys second loss adjusting firm
Partners& has purchased Bickley Chartered Loss Adjusters, a firm providing a full range of adjusting services and disciplines across both domestic and commercial markets.
Howden acquires £60m premium broker
Howden has purchased UK health and life insurance broker Help Me Compare Group (which trades as ActiveQuote) and its subsidiaries, supporting Howden’s position in these UK markets.
People Moves: 5 – 9 August 2024
Follow the latest insurance personnel moves.
Twickenham to be renamed Allianz Stadium
Twickenham will become Allianz Stadium from September as part of a deal with the Rugby Football Union that sees the insurer make an unspecified “long-term investment” in the sport.
Body cameras improve claims dispute times and pricing – Axa’s Barnett
Body cameras help decrease the length of claims disputes involving brokers according to Dougie Barnett, director of customer risk management and midmarket at Axa UK.
Brown & Brown buys trade credit insurance solutions specialist
Brown & Brown Europe has acquired 100% of the share capital of trade credit insurance solutions specialist, CI Group.
QuestGates adds Equistone as minority investor
Loss adjusting and claims solution group QuestGates has secured investment from private equity investor Equistone Partners Europe.
Blog: Brokers on TV
Brokers and insurers should appear on more reality TV shows to help humanise the industry and make younger people more aware of the sector.
Biba concerned IPT exposed to rise
The British Insurance Brokers’ Association is concerned insurance premium tax is exposed to a rise, according to director of regulation David Sparkes.
People Moves: 29 July – 2 August 2024
Stay in the loop with the latest insurance personnel moves.
Biba to be fully engaged on FCA’s regulation reviews
David Sparkes, regulation director at the British Insurance Brokers’ Association, has committed the trade body will be “fully engaged” throughout the process for the Financial Conduct Authority’s commercial insurance regulation discussion paper.