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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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End of Year Review 2025: nCino’s Ashleigh Gwilliam

Ashleigh Gwilliam, director of insurance at nCino calls for more to be done to make insurance careers genuinely attractive to young talent and predicts AI will be handling first-pass underwriting decisions on at least 30% of SME commercial risks by the end of next year.

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