Insurer
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.
CFC adds EQT to investor panel
Vitruvian, which has backed the cyber specialist since 2017, also remains on board as a financial backer.
People moves: 18-22 October 2021
Keep up to date with the latest people moves.
Biba, ABI and Flood Re open registration for flood directory
The directory is set to launch later this year and the organisations are now calling for specialist brokers and providers to register to be part of the service.
Allianz launches sustainable procurement charter
With this charter, Allianz says it aims to encourage suppliers to reduce carbon emissions, recycle waste, use renewable energy, and consider biodiversity.
Beazley sets up ESG specialist syndicate
The organisation will focus on providing capacity to businesses that perform well on environmental and social governance metrics.
Motor premiums stabilise as telematics grows
Data from Consumer Intelligence reveals that 1 in 4 cheapest motor insurance quotes are provided by telematics firms, and while motor premiums plunged 9.4% in the last 12 months, prices are now beginning to stabilise.
CII consults members on its future
The move is designed to refresh its 2016 manifesto and follows criticism from local institutes on the body’s strategy.
Motor premiums continue to fall in Q3
Premiums are the cheapest they have been since mid-2015, but the rate at which prices are falling has slowed in the last three months, according to Confused/Willis Towers Watson.
People Moves: 11-15 October 2021
Keep up to date with the latest people moves.
MGAA signs up first Republic of Ireland member
Dublin-based MGA Blackrock Insurance Solutions has joined the trade association.
Howden buys Aston Lark
The deal is Howden’s largest acquisition to date and creates a £6bn GWP UK business in “deal a decade in the making”.
Das UK promotes Tony Coram to CEO
Das UK Group has named Tony Coram as its new chief executive officer, succeeding Andrew Burke who is stepping down at the end of this year.
Ghost broker who targeted Polish community jailed
Police are now using the Proceeds of Crime Act to recover funds which were illegally obtained.
Markerstudy Broking looks to £600m GWP
The business is set to invest in its digital capabilities as MD, Ross Barrington, reflects on its Brightside deal and future M&A plans.
Mulsanne parent moves into profit
Refinancing sees the insurer, which also owns Complete Cover Group, move back into profit in 2020.
Climate activists set up memorial in latest protest targeting Lloyd's
Hundreds of flowers and floral wreaths were laid outside the building in the latest attempt to stop Lloyd's of London from insuring fossil fuel projects.
More than half of brokers suffer from mental health issues linked to work
Research from Ecclesiastical shows 61% of brokers experience work-related stress, while only 43% feel comfortable talking to their manager about their mental health issues.
Blog: What is in store in the next Budget?
PKF Littlejohn’s, Chris Riley, runs the numbers ahead of the Autumn Budget.
Fraudulent claim value goes up but detection rates also increase
ABI data shows the average fraudulent insurance claim has now reached £12,000 as the the body praises the efforts made by insurers’ fraud investigation teams throughout the pandemic.
Rokstone launches UK terrorism facility
The product will be accessible to regional brokers through a digital distribution platform and extensions to the cover, including non-damage business interruption, denial of access, and loss of attraction, are also available.
ERS extends cover for European HGV drivers
The specialist motor provider says the move aims to support European HGV drivers coming to the UK to help fill the current HGV driver shortage and that brokers will be able to access the widened cover for their clients via ERS eTrade.