News
Aqueous launches solicitors’ excess layers product
Managing general agent Aqueous Underwriting has secured A+ rated capacity for solicitors on an excess layer basis only, a move it said responded to broker demand in an “underserviced” market.
Aston Lark buys Curtis Marine
Howden-owned Aston Lark has bought Plymouth-based marine insurance broker, Curtis Marine.
Biba, ABI and government renew age signposting insurance agreement as enquiries top one million
The British Insurance Brokers’ Association has confirmed the renewal of the signposting agreement with the government and the Association of British Insurers to help older people find car or travel cover.
Qlaims updates commercial lines offering
Qlaims has enhanced its commercial lines claims assistance services, following feedback from brokers.
Pen Underwriting secures £100m capacity deal
Pen Underwriting has signed a capacity agreement that will allow it to write £100m worth of solicitors’ professional indemnity business over three years.
Markel targets ‘real opportunity’ with construction launch
Markel has developed a new product for the UK construction sector.
London-based 1783 Group joins Brokerslink
Brokerslink has added sports, music and entertainment contingency broker 1783 Group to its network.
Insurance scams totalling £1.1bn detected in 2022
The value of the average insurance fraud case rose by 20% to £15,000 in 2022, according to the Association of British Insurers.
Zurich UK hires head of mid-market
The provider has promoted Morgan Lyons to head up its mid-market business division.
Clive Buesnel exits Tysers following sale to AUB Group
Tysers has announced that Buesnel, who became CEO of the business in June 2020, is set to leave at the end of August.
People Moves: 14 - 25 August 2023
Keep up to date with the latest personnel moves in insurance.
CII unveils two new training courses
The Chartered Insurance Institute has launched two leadership-focused training programmes starting in October.
Convex-backed Skyrisks partners with Quotech for air mobility product launch
Managing general agent Skyrisks has teamed up with technology platform developer Quotech to launch insurance cover for the advanced air mobility sector.
Gareth Hemming to join Hiscox UK
Insurer has named Gareth Hemming as its new chief distribution officer for Hiscox UK.
Motor broker Verex Insurance Services enters into administration
Car Care Plan has bought the assets of both Verex Insurance Services and its appointed representative Verex Assistance.
Partners& expands into Kent with broker buy
Partners& has bought East Malling-based broker NexGen Insurance Solutions for an undisclosed sum.
Markerstudy 'temporarily' suspends product lines as part of Tradex transfer
Markerstudy has reiterated its “commitment to intermediaries is as strong as ever” amid speculation that it is pulling products from the broker market.
Specialist Risk Group buys Cheshire Insurance Brokers
Specialist Risk Group has made its fifth acquisition of the year, buying Cheshire Insurance Brokers.
Aviva bosses Blanc and Winslow see Lloyd's benefit
Aviva UK General Insurance chief executive Adam Winslow says the insurer’s entrance into Lloyd’s is ‘still up for discussion’, believing the historic marketplace could boost the provider’s distribution play.
MGA launches financial lines and professional lines practice
Arrow Risk Management has announced the launch of a financial and professional lines practice with two appointments.
Brokers offered special deal for access to an insurtech under Biba scheme
Brokers can get access to a technology that helps them understand companies better thanks to a a new British Insurance Brokers’ Association scheme.
Aviva GI CEO Winslow vows broker support amid solid 2023 results
UK general insurance CEO Adam Winslow has underlined the support of brokers following Aviva’s first-half year results.
AR powerhouse Gauntlet exits Willis Towers Watson Networks to join rival
Gauntlet Group, the appointed representative network, has joined a new network to bolster its proposition to members.
Signs of motor market turn as Admiral boss expects easing claims inflation
Admiral chief executive Milena Mondini de Focatiis is predicting a ‘slowing, decreasing trend’ in motor claims inflation.