Broking Break: Your top five of the week

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Two major insurer restructures, CEO changes, swapping software houses and a new product make up this week's most read stories.

5) Oil Spill Insurance Broker launches oil leak policy
Oil Spill Insurance Brokers, part of the Ten Insurance network, has launched a product for home heating oil users. The policy can also be sold by other brokers.

The product, HomeSpill, is designed to provide financial protection from the high costs and liabilities that occur as result of an oil spill or leak causing pollution to land or water including groundwater.

4) Jonathan Turner new CEO of Pen

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Review of the Year 2024: Markerstudy’s Gary Humphreys

Gary Humphreys, group chief underwriting officer at Markerstudy, hails the completion of the Atlanta deal, dreams of having the MGA’s brand adorn the Tottenham Hotspur Stadium and mulls sitting on the sofa and doing Channel 4’s Gogglebox.

Lycetts buys broker Cheviot

Lycetts has strengthened its presence in the North East, purchasing fellow Newcastle-based broker Cheviot Insurance Services.

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