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2019 in review: February's top stories

Review of the Year 2017 - February

What hit the headlines as we moved into the second month of the year?

During February, readers were most interested by people moves at RSA and Aon. The promotion of Scott Egan to CEO at RSA, as well as other developments at the insurer, would continue to attract attention over the rest of the year.

Steve Lewis exits RSA UK & International CEO role
The top story from February revealed the departure of Steve Lewis from his international chief executive position at RSA. The announcement named his successor as Scott Egan, who had been CFO at the firm since

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ManyPets confirms social media clone

Pet insurance managing general agent ManyPets has confirmed a customer was contacted by an X account impersonating its brand and has issued a warning on how increasingly convincing scammers can appear.

Q&A: Pen’s Nick Wright

Nick Wright, chief business development officer at Pen Underwriting, tackles its recent M&A quietness, capacity in the market and the benefits to brokers from niche products. He updates on the goal of hitting £1.75bn GWP by 2030, streamlining its agency base and shares why he thinks the Gallagher-owned MGA will “go from strength to strength”.

Aviva responds to Direct Line’s £10.6m fine

Aviva has confirmed it was fully aware of the ‘historical’ accounting errors that have led to the Prudent Regulation Authority hitting Direct Line Group with a £10.6m fine and stated there will be no impact on the integration or the financial benefits it expects from the takeover.

PRA fines Direct Line underwriter £10.6m

The Prudential Regulation Authority has fined UK Insurance Limited, a subsidiary and principal underwriter of Direct Line Group and now part of Aviva, £10.625m for a miscalculation of its Solvency II balance sheet during 2023 and 2024.

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