Articles by Rosie Simms
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.
NBS launches unoccupied commercial property insurance
NBS Underwriting has launched an unoccupied commercial property insurance product, expanding its portfolio.
Towergate Health & Protection grows employee benefits business
Towergate Health & Protection has expanded its employee benefits business with the acquisition of Benefiz.
Markerstudy promotes Emma Rawlinson to CIO
Emma Rawlinson has been promoted to the newly created role of chief investment officer at Markerstudy Group.
BMS expands apprenticeship programme to nine
BMS has grown its early careers apprenticeship programme in London with nine new school and college leavers.
RSA and NIG to offer single product set in H1 next year
RSA and NIG has completed a “broad reconciliation” from a product and wording perspective and is committed to offering a "single product set in the first half of next year", according to Laura Fox, distribution development director.
People Moves: 30 September – 4 October 2024
Stay in the loop with the latest personnel moves in insurance.