Insurer
Pen and MUM lift lid on deal
The buy takes Pen Underwriting’s GWP up to £700m.
Tysers launches fresh entertainment schemes
The two products, Tysers Freelancers and Tysers Elite, are designed to better reflect the new live events landscape and provide cover for clients who work in the entertainment industry.
People Moves: 4-8 October 2021
Keep up to date with the latest people moves.
Pen buys Manchester Underwriting
Deal brings 50 staff and £60m in GWP to the Gallagher-owned MGA.
Allianz offers free legal helpline to independent brokers
The Lawphone will operate 24 hours, every day of the week, the insurer adding that the service will provide brokers with expert advice on various legal related issues.
Aviva sells Italian GI business to Allianz
The insurer has confirmed it completed the sale of Aviva Italia for £284m.
Sian Fisher steps down as CII CEO
She joined the body in 2016 and will be in post until March 2022.
Ecclesiastical grows profits
Broker, SEIB, which is part of Ecclesiastical, also reported increases in commission and fees.
Thompson steps into Brit CEO role
Matthew Wilson has taken an indefinite leave of absence for health reasons.
Pool Re's Julian Enoizi named president of the Insurance Institute of London
He succeeds AIG CEO Anthony Baldwin as Chris Lay, CEO of Marsh UK & Ireland, comes on board as deputy president.
FCA focus on fair value causes confusion for brokers
Research by Ecclesiastical shows 40% of brokers do not understand how their business will be impacted ahead of the new product governance rules coming into force on 1 October.
Superscript partners with Amazon on business insurance
The insurtech start-up says Amazon Business Prime customers will have access to covers including public liability, employers’ liability, professional indemnity, cyber, directors and officers, and office contents & equipment insurance.
Blog: Modelling the risk of flood
FOIL’s Laurence Besemer explores the flood solutions designed to better model risk and help those in danger of this catastrophic peril.
Beazley hires CUO from Axis Capital
Bob Quane will take on the role in October after previous chief underwriting officer Adrian Cox moved to become CEO of the provider earlier this year.
Prestige Valuations unveils jewellery pricing tool for brokers
The firm says the software can provide instant valuations for brokers to help them determine whether items are underinsured.
Open GI, Plum Underwriting and Verisk team up on home offering
The organisations will initially collaborate to develop a home flood proposition for the broker market.
Interview: Paul Harvey, Adiona
New motor provider Adiona's founder and CEO tells Insurance Age about his plans for the business and why it will be looking to work with brokers in the future.
Saga takes pricing director from WTW
Graham Wright joins from Willis Towers Watson where he is currently a senior director.
Saga reports loss after tax of £3.1m
Interim results for H1 2021 highlight group loss but directors flag “robust” numbers as the business looks to recover from £57.1m loss in the same period last year.
Das UK team raises £45,000 for dementia research
The ten person team of insurance professionals took on the Ride Across Britain challenge earlier this month.
People moves: 20 - 24 September 2021
Keep up to date with the latest people moves.
Allianz updates fleet products to include electric vehicles
Provider says cover includes third-party liability during charging, as well as damage cover for cables, connectors and electric wallboxes.
Aviva appoints chief risk officer
The insurer has also promoted its GI chief information officer to group CIO.
Zurich replaces Axa as AIUA capacity provider
The five-year deal with the Ardonagh-owned specialist agricultural underwriter is valued at £105m.