Commercial
Allianz Commercial backs MGA on marine products
Allianz Commercial has teamed up with ProMarine on a multi-product strategic underwriting and claims delegated authority agreement.
Accelerant Insurance Europe sees record GWP ahead of UK MGA business transfer
Accelerant Insurance Europe recorded €780m (£664m) gross written premium for the 2023 financial year (2022: €659m), according to its latest Solvency and Financial Condition Report.
SRG adds Accredited capacity to MX
Specialist Risk Group’s managing general agent, MX, has sealed a capacity deal with Accredited Insurance (Europe).
Pen expands into Ireland with Wrightway Underwriting
Pen Underwriting has bought Republic of Ireland-based managing general agent Wrightway Underwriting establishing its first on-the-ground presence in the country.
Ardonagh buys BP Insurance Brokers
Ardonagh Advisory has bought Lancashire regional and specialist personal lines broker, BP Insurance Brokers.
Mike Dickinson named MD at Russell Scanlan
Mike Dickinson has been appointed managing director of Nottingham-headquartered Russell Scanlan with Bryan Banbury stepping down, but staying at the broker as chairman.
TL Dallas grows Scottish presence buying Marsh Commercial’s Highlands and Islands business
TL Dallas has signed up to buy Marsh Commercial’s business in the Highlands and Islands of Scotland, with the deal expected to close in August.
The stats: Fleet racing ahead at record rate
The latest statistics from Acturis have shown the fleet market bucking the trend on premium increases. Whereas almost all other lines have seen hardening falling away, fleet has surged on, up by 7.9% – the highest quarterly rise on record.
Stephanie Ogden promoted to CEO of HDI Global UK & Ireland as Taylor retires
Stephanie Ogden is to take on responsibility for commercial and specialty business as the new CEO of HDI Global UK & Ireland from 1 September, the insurer has confirmed.
CFC updates fintech insurance cover
CFC has made a “major overhaul” to its fintech insurance cover in the UK, Canada and Australia, across both professional service and technology exposures.
Arch adds Motwani from Aon as UK COO
Arch Insurance International has recruited Ketan Motwani from Aon as UK chief operating officer taking up the role with immediate effect.
Markel UK targets 20% growth a year – Sykes
Jo Sykes, divisional director for the UK broker channel at Markel, told Insurance Age the specialist insurer has growth ambitions of around 20% a year from a UK perspective.
Jensten completes Burbage and Seymour buys
Jensten has completed the purchases of Melville Burbage and Henry Seymour & Co following final regulatory approval.
Patons increases GWP by more than 18%
Patons Insurance’s gross written premiums rose by 18.42% organically to £27m in the financial year to March 2024 – a record high.
Broking Success: Investing in customer relationships
Ex-Swinton boss Gilles Normand, CEO of Academy, sees investing in customer relationships will help the broker grow through recommendations as it moves towards mostly commercial lines.
Brown & Brown promotes Callan to retail CEO
Brown & Brown Europe has appointed Carolyn Callan as CEO for UK retail, just over a week after Insurance Age revealed the departure of Duncan Carter.
Reminder – The 2024 UK Broker Awards deadline is 7 June
With a deadline of 7 June you have just over a week left to get your entries in for the 2024 UK Broker Awards.
Ansvar launches care and welfare insurance policy
Ansvar Insurance has launched a care and welfare insurance policy with customisable cover options.
SRG drives into motorsport with Allianz hire
Specialist Risk Group’s managing general agent, MX, is on the starting grid for the launch of a specialist motorsport underwriting offering, and has added a new leader.
Beaven promoted to group MD at Academy, Mountifield joins as COO
Academy Insurance has promoted Richard Beaven to the newly created role of group managing director with Nick Mountifield joining from PIB as group chief operating officer to succeed him.
Only one in 10 consumers aware of ‘ghost broking’ threat
Ninety percent of people who have heard of online insurance fraud are unaware of the term ‘ghost broking’, according to the Association of British Insurers.
Ecclesiastical aims to help brokers with Independent Schools Risk Barometer
Ecclesiastical has launched The Independent Schools Risk Barometer 2024 to help brokers talk to clients in the sector about the biggest risks they face.
Uncorking the Great British wine market – the insurance of vineyards
David Harrison, viticulture specialist at NFU Mutual, shares his thoughts on meeting the insurance challenges facing the booming winery and vineyards sector.
Simply Business boosts profit 42% in 2023
Xbridge, which trades as Simply Business, achieved double-digit profit and revenue growth in 2023.