Applied Net 23: Priority number one has been, is, and will be commercial – says Europe CEO Tom Needs
Achieving parity with competitors on commercial panel size, and boosting the Epic broker base to 150 in the UK, are the twin targets for Applied Systems Europe in 2024, CEO Tom Needs has confirmed.
Companies across the UK are the most concerned about the impact of financial uncertainty (34%) over the next year, knocking people-related risks (31%) off the top spot, according to the 2023 Marsh UK Business Risk Report.
A new report has found telematic insurance providers are becoming less competitive, accounting for just 17% of the top five motor quotes between May and August 2023. This compares with 21% the previous quarter, which particularly effects young drivers.
Applied Systems is picking up the pace, with brokers in the UK having grabbed more market share this year, according to CEO Taylor Rhodes.
Applied Systems is launching first use cases of artificial intelligence on two platforms in the US on 24 October, chief product officer Anupam Gupta told Insurance Age at Applied Net 23.
Julian Hucks, founder and managing director at Starpeak Insurance Solutions, originally SportsCover Direct, used the growth of the internet to build the company.
There are compelling reasons to consider private equity funding, both in good times and in the current testing climate. Claire Madden, managing partner at Connection Capital, outlines why brokers should ignore PE’s bad press to understand its benefits.
Tristan Sargeaunt, CEO of MGA Spring Insure, has eyes for growth, as the business plans to at least double its gross written premiums from 30m GWP by 2026.
In 2022, RSA published its strategic roadmap to 2025. The insurer vowed to raise service standards for brokers. Has it delivered?
Abbey Insurance Brokers, which trades as AbbeyAutoline, grew post-tax profit by 15.2% to £2.6m in 2022, with turnover also rising.
Kevin Morton, head of Zurich Private Clients, tackles the challenges brokers face with reduced capacity and appetite in the high-net-worth market arguing insurers with stable and sustainable propositions will ultimately win out.
The Financial Conduct Authority has revealed commissioning seven skilled person reports across the general insurance and protection sector between July and September.
The Aviva Broker Community Fund awarded £300,000 of funding to 65 projects and charities across the UK at its annual awards event held at the Honourable Artillery Company in London on Tuesday.
Simon Mobey spent 38 years working for insurers. Having jumped the fence to be executive director of Dover Street Insurance Brokers, and set up its office in Manchester, he tells Insurance Age about his excitement for the job and the plans to double the…
The British Insurance Brokers’ Association has launched a fair value assessment framework, after the Financial Conduct Authority took aim at brokers in its review of flat insurance costs.
Claims service is not in a good place at the moment and it is brokers who are having to pick up the slack. That is the view of Movo Partnership head of claims Liz Tytler, who suggests the right people, process and technology would go a long way to…
Premier Choice Healthcare, the health insurance arm of Brown & Brown Europe, has bought 100% of the share capital of Brighton-based intermediary, Healthcover.
The Financial Services Compensation Scheme has appointed Martyn Beauchamp as interim CEO. Beauchamp will join the board as an executive director.
Jensten has bought the business of White Rose Insurance Solutions in a deal that bolsters its regional centre in Yorkshire and Humberside.
Aviva has expanded its SME and distribution teams with three hires from Zurich and a promotion, as it revealed that Michelle Taylor will start ahead of schedule on 5 December.
Wakefield-based Prosura has struck its first deal, buying First Stop Insurance Brokers in Sheffield, Insurance Age can reveal.
Kelliher Insurance Group boosted post-tax profit by 11.5% in 2022 to £868,137.
Stevenson Seacombe Partnership has bought 100% of BLS Insurance, a £2.5m gross written premium broker based in Bury, as backer The Broker Investment Group upped its stake in the business.
Ecclesiastical and managing general agent Iprism have launched a digital platform providing cover for smaller not-for-profit organisations operating in the charity, education and faith sectors.