Insurer
New MGA Capacity Insights targets travel and consumer markets
Managing general agent Capacity Insights has launched in the UK accident and health insurance market with a particular focus on travel, health, dental and personal accident schemes.
Arag tops £60m GWP as profits return to £500,000
Legal expenses insurer Arag broke through the £60m gross written premium barrier in 2022, building on the previous year’s growth when it topped £50m for the first time.
People Moves: 5 – 9 June 2023
Keep up to date with the latest personnel moves in insurance.
Exiting Chaucer boss John Fowle to join rival Lloyd’s insurer
Chaucer group CEO John Fowle is to join Lloyd's insurer Atrium Underwriters.
Axa brokers to get customer boost with Premium Credit digital system
Axa Commercial has partnered with Premium Credit to offer customers a digitally enhanced payment by instalments system, Insurance Age can reveal.
Opinion: Is it inevitable Aviva will be sold or split to placate shareholders?
Activist investor Cevian has sold its entire stake in Aviva. While it has boosted shareholder returns, the story might not yet be over.
Broker Insights grows its base at £25m per month
Broker Insights is adding around four brokers to its client base, and expanding its reach by £25m each month, its CEO Fraser Edmond told Insurance Age.
Serge Raffard to succeed Steve Treloar as Allianz personal lines leader
Allianz Holdings has appointed Serge Raffard as personal managing director, following the recent news that Steve Treloar has decided to leave the business to pursue new opportunities.
Chaucer starts CEO search as Fowle steps down
John Fowle will step down as group CEO of Chaucer on 30 June, the insurer has confirmed.
Jensten Underwriting launches technology product
Jensten Underwriting has partnered with Hiscox to launch a product for brokers working with the technology sector.
MGA Landmark Underwriting enters property market
Landmark Underwriting has secured a property binding authority with AmTrust International for excess insurance and reinsurance business.
Tokio Marine Kiln targets cyber growth with new division
Tokio Marine Kiln has set up a stand-alone cyber and enterprise risk division as part of its effort to expand its presence in the cyber market.
Bronek Masojada joins Scott Egan at SiriusPoint as chair
SiriusPoint has appointed former Hiscox boss Bronek Masojada as chair of the board of directors, teaming up with ex-RSA leader Scott Egan.
ERS and Acturis team up on full-cycle API car product for brokers
Acturis and specialist motor insurer ERS have launched an API based car insurance product for brokers on the software provider’s platform which replaces legacy EDI messaging.
People Moves: 30 May – 2 June 2023
Stay in the loop with the latest personnel moves in insurance.
Allianz Commercial boss Simon McGinn to leave
Allianz Commercial CEO Simon McGinn is to leave the business on 1 July, the insurer announced today.
US cannabis-focused MGU CannGen Insurance opens in Europe
North American managing general underwriter, CannGen Insurance Services, has launched a European operation citing an expectation that the continent’s legal cannabis market will grow quickly.
Verisk targets brokers and MGAs with Morning Data buy
Global data analytics and technology provider Verisk has bought Morning Data, a supplier of software to brokers and managing general agents in London and across the world.
Home quote prices jump 9.3% in three months
The average quoted price for home insurance rose by 6.7% in the past year to April – the highest annual increase since 2018, the latest Consumer Intelligence Home Insurance Price Index has revealed.
Hiscox adds former Prudential CEO Jonathan Bloomer as chair
Hiscox has appointed Jonathan Bloomer as chair designate, joining the board on 1 June 2023, and succeeding Robert Childs, who will retire on 1 July 2023.
Treasury Committee calls for consumer questions ahead of sector grilling
The Treasury Committee has called on the public to submit questions ahead of an evidence session with insurance bosses, as it warned of hearing ‘anecdotal evidence’ in recent months of premiums rising faster than inflation, insurers refusing to pay out,…
Ex-BGL boss Matthew Donaldson joins Prima as chair
The former CEO of BGL Group, Matthew Donaldson, has joined motor insurance specialist Prima Group as chairman.
People Moves: 22 – 26 May 2023
Keep up-to-date with the latest insurance personnel moves.
Applied approaching 100 Epic milestone
Applied Systems has 72 brokers live on Epic in the UK and is onboarding another 30 customers that have already been won, which will take the total to more than 100 by the end of the year, Europe CEO Tom Needs confirmed to Insurance Age.