Insight
People moves: 1-5 November 2021
Keep up to date with the latest people moves in the insurance sector.
In Depth: The influence of the MGA space on schemes
Cristina Diciu explores the impact of MGAs on schemes, and examines what brokers can do to capitalise on the competitive environment, in part two of our series with Travelers.
Daulby Read adds agricultural specialist
The move takes the Bravo Networks broker's GWP up to £7m.
News analysis: Consolidators put up 'for sale' signs
Following Howden’s acquisition of Aston Lark, Insurance Age reached out to M&A advisers and brokers to get some insight into the future for the current crop of consolidators.
Ripe Thinking gains backing from Aquiline
The New York private investment firm takes a majority stake in the personal lines specialist.
Ardonagh completes BGC deal
First announced in May, the deal was sealed for a cash consideration of $500m (£354m).
In Depth: Schemes and the pandemic
Reporter, Cristina Diciu, explores how the schemes market has developed since the onset of Covid-19 in the first of our three articles produced in association with Travelers.
Protesters spill 1,000 litres of fake oil on Lloyd’s doorstep
A one-tonne tank of plant and water-based biodegradable oil flooded the area in front of Llyod’s headquarters in Insurance Rebellion's latest protest targeting the market over links to fossil fuels.
Matson flags 9% organic growth at Gallagher
Q3 figures for the global business show brokerage revenue of $1.5bn.
Should brokers go down the employee ownership route?
Experts say employee ownership increases staff retention and encourages staff to work together, but take-up among brokers is low.
John Lewis pulls controversial home insurance ad
The TV commercial, which depicts a young boy wearing make-up and women’s clothing, has been removed after the FCA said it was 'misleading'.
IPT untouched in latest Budget
While the tax cut on flights ahead of COP26 grabbed headlines, brokers breathed a sigh of relief as hated insurance premium tax remained at 12%.
Fidelis opens trading floor in London
The Bermuda-based specialty insurance and reinsurance provider said its new operation would enable brokers to meet with its underwriters, actuaries, wordings and claims specialists to discuss 57 lines of business.
Lloyd's joins the Net Zero Insurance Alliance
Corporation commits to the transition all of its operational and attributable greenhouse gas emissions to net zero by 2050.
Nick Hobbs: “Rebalance, transform, outperform”
Allianz’s chief distribution and regions officer explains how the restructure of the business over the summer will impact brokers.
Aston Lark buys Bainbridge Collins in Birmingham
Consolidator says latest deal will enhance its mid-corporate capability in the West Midlands.
NFP buys Wolverhampton broker
The US-based company adds Top 100 business KGJ Insurance Services Group to its stable at it continues its expansion in the UK.
Geo expands political violence and terrorism cover
Geo Specialty has broadened its UK political violence and terrorism policies, widening the scope of its business interruption insurance to cover loss of profits even after the property has been rebuilt and reopened.
Are you ready for Broker Expo?
The agenda for the event, which takes place on 11 November, has been revealed so sign up today and secure your place.
LawSure makes leadership changes
Mandy Brown takes over as managing director as Brian Hall moves to become executive chairman of the specialist broker.
Percayso unveils no-code data enrichment product
The solution is available to brokers, insurers and MGAs across personal and commercial lines.
QBE names Chris Wallace as executive director for the UK
Move follows Cécile Fresneau's promotion to run QBE's European Operations earlier this year.
Biba hopes "win-win" flood directory will help improve industry reputation
Executive director Graeme Trudgill says signposting service is a chance for the industry to come together and urges brokers to get involved.
Occam buys Beech Underwriting
Beech Underwriting is a specialist in terrorism insurance.