Articles by Siân Barton
Clementi exits as MS Amlin Underwriting CEO
Johan Slabbert takes up the position later on this year as Clementi leaves the insurer.
AIG set to restructure
The insurer will separate its life and retirement business from its GI division and will refresh leadership as CEO Duperreault steps back to executive chairman role.
FCA raps Aviva on the knuckles over share announcement
Insurer apologises over 2018 announcement with the potential to mislead the market in a “serious but not intentional” breach.
Trust in insurance sector plummets after BI case
The Financial Conduct Authority test case has seen a third of sector professionals believe faith in insurance has been “greatly reduced”.
Applied’s Fairchild plans organic growth
But doesn’t rule out acquisitions as he praises Google investment for helping the software house develop a more open platform and hails Howden’s A-Plan deal.
BI dispute: RSA won't appeal on Resilience and two Eaton Gate wordings
The insurer is not challenging the judgement on three wordings as the coronavirus business interruption proceedings head to the Supreme Court.
Clear Group 2019 results highlight growth
The business saw improvement across all metrics in the year it bought Morrison Insurance Solutions.
Insurance investor backs Let Live Thrive events cover initiative
John Kinder is spear-heading a public private initiative developed to help the hospitality industry get cover following the coronavirus pandemic.
Bollington reports profit and turnover surge
Turnover shot up to £23.6m in for the year ending 31 December 2019 from £14.4m the previous year and the broker flags £24m bank loan for deals.
UK insurance firm goes into administration
East West Insurance Company was forced into administration following a Court of Appeal ruling on a claim.
Gallagher forced to take global systems offline
The broker has confirmed that a ransomware incident hit its network but everything is now back online as ICO says attack has been reported.
Insurance mental health network launched
LikeMind has been set up by sector volunteers and is due to go live on 22 October.
A-Plan makes first deal as part of Howden stable
The broker is to buy Ingenie from Watchstone Group as it moves forward with plan to develop its technological capability.
Editor's letter - October 2020
Repairing reputation: How can the insurance sector move forward from the reputation shattering BI test case?
Broker Littlenlarge bought by Verastar
The SME service provider, which also owns The Insurance Octopus, has purchased the commercial property specialist for an undisclosed sum.
HG invests in Howden-owner Hyperion
The deal places an enterprise value of $5bn on Hyperion and provides it with $1.5bn to acquire and invest in data and technology.
Paul Evans joins Allianz as chairman
The former UK and group CEO for Axa will oversee Allianz Insurance and LV General Insurance.
CMA forces Ardonagh to u-turn on £26m Bennetts buy
Ardonagh has proposed to reverse the deal and divest of the motor broker following the threat of an “expensive and burdensome” phase two competition probe.
Clear buys Brokerbility
The deal includes BHIB and brings Clear’s GWP up to £200m.
Shuker and Howden lift lid on A-Plan deal
The sale of A-Plan to Howden is believed to be valued at up to £700m.
Howden buys A-Plan to create £4bn GWP broker
Carl Shuker will continue to lead the personal lines specialist.
Beazley revises Covid-19 claims estimate up to $340m
This is up from April’s $170m prediction, however, the insurer said it did not expect the outcome of last week’s FCA business interruption judgment to have a material impact.
Staveley Head collapsed owing almost £10m
The administrator’s progress report said the business was later sold to One Sure for £75,000 as fitness of former directors is investigated as statutory measure.
Convex appoints UK CEO
The former CEO of Neon Underwriting, Theo Butt, takes up the role replacing Convex co-founder Paul Brand.