Insight
Ex-Lloyd’s CEO John Neal heads to AIG, reversing Aon move
John Neal is set to join AIG as president effective 1 December 2025, having previously been destined for Aon.
Markerstudy confirms CFO switch
Markerstudy Group has named Keith Barber as interim chief financial officer succeeding Fernley Dyson who has moved to be CFO of Tradex-owner Saturn Holdings, part of backer Pollen Street’s portfolio of companies.
Consilium launches first casualty binder and hires from Dual
Wholesale broker Consilium has launched a casualty binder for its UK division, Consilium Risk Solutions, with the exclusive broker facility backed by A-rated delegated authority capacity.
Accelerant IPO could hit $578.9m
Accelerant has revealed the share price of its initial public offering is expected to range from $18 (£14.9) to $20 meaning the top end total could reach $578.9m.
Education key as AI adoption faster than ever, says CFC’s Radu
Focusing on the end client and education programmes spanning policyholders, brokers and insurers is key to success as companies ramp up the use of artificial intelligence, CFC head of technology Aura Radu told Insurance Age.
FCA consults on SM&CR and sets faster authorisation targets
The Financial Conduct Authority has opened a consultation on streamlining the Senior Managers and Certification Regime, and in a second announcement revealed new faster authorisation targets.
Insurtech Laka secures $10.4m in funding
London-based insurtech Laka, which bought the renewal rights to CoverCloud’s bike portfolio last year, has raised $10.4m (£7.73m) in a Series B funding round.
Liberty launches crypto protection product
Liberty Specialty Markets has launched a dedicated product for financial institutions operating in the cryptocurrency market.
With the Gallagher deal off the table, what are the next steps for PIB?
With PIB and its PE investors choosing to go again rather than sell to Gallagher, content director Jonathan Swift ponders what might lie ahead for the pan-European consolidator in an era of indigestion and M&A indifference.
Biba calls for regulation ‘reset’ in open letter to Chancellor
Graeme Trudgill, CEO of the British Insurance Brokers’ Association, has called for bold action from the UK Chancellor to reset regulation for a more proportionate framework.
W Denis launches specialist data centre insurance division
W Denis has launched a specialist division focused on insuring data centres and the integrated power generation infrastructure.
MGAs ‘extremely focused’ on broker distribution in softening market - Keating
MGAs are “extremely focused” on distribution, according to Mike Keating, CEO of the Managing General Agents’ Association, as he also detailed how the claims process needs to be deconstructed and put back together.
Axa’s Walker and Aviva’s Storah tackle monthly payments, flooding and Consumer Duty in parliamentary session
Jon Walker, CEO of Axa Commercial, has highlighted the valuable service of pay monthly options, and urged the government to increase flood defence spending, in a parliamentary session held earlier this week.
Further rise in member funds at Biba
The British Insurance Brokers’ Association grew member funds to £6.57m at the end of 2024, a 14% rise that built on increases of 13% and 21% in the previous two years.
People Moves: 7 – 11 July 2025
Stay in the loop with the latest insurance personnel moves.
PIB ends sales talks and reveals £400m debt raise
PIB Group has confirmed the end of “recent acquisition conversations”, drawing a line under the sales process with the comment that it is “appreciative of the attention it has received in the market”.
Premium Credit open for business after Close Brothers broker and personal lines cuts
Premium Credit has confirmed it is “there to support any distribution partners”, following competitor Close Brothers pulling back on personal lines premium finance lending and exiting up to 120 broker relationships.
Allianz confirms Graham Stait as director of UK markets following Carey exit
Allianz Commercial has confirmed Graham Stait as director of UK markets, after holding the role of director of mid-market on an interim basis since August 2024.
Liberty moves into HNW market
Liberty Specialty Markets has launched into the UK high-net-worth market, expanding on its fine art and specie offering.
Interview: Georgina Davis, head of regional market for the Midlands, South West and Wales at Zurich
In her first interview since taking up the post of head of regional market for the Midlands, South West and Wales at Zurich, Georgina Davis tells Insurance Age about the goal of smashing the 30% growth target and her route to the “coming home” role.
JMG strikes 50th deal
JMG Group has completed its 50th acquisition since its 2020 management buyout, snapping up London-based Profile Insurance Services.
Petchey: “Strong demand” in schemes gives Markel opportunity to diversify
Mike Petchey, head of schemes at Markel, is seeing “strong demand” in the market, highlighting the number of possibilities when it comes to schemes is enormous.
Interview: DCI Nik Jethwa, head of the insurance fraud department at the City of London Police
Detective Chief Inspector Nik Jethwa, head of the insurance fraud department at the City of London Police, tells Insurance Age why he is optimistic about the outlook for fighting insurance fraud, including ghost broking, with industry collaboration and…
PremFina restructures senior management
PremFina has made “significant” changes to its senior management roles to support its growth plans over the next two years.