News
Tim Coles named CEO of Brown & Brown’s European wholesale operations
Tim Coles has been promoted to the newly created role of CEO for the European operations of Bridge Specialty Group, Brown & Brown’s wholesale broker segment.
Sabre confirms cyber attack
Motor insurance specialist Sabre has revealed being hit by a cyber attack on 16 November.
Celebrating the 2023 Aviva Community Fund winners
The fund, which has been running since 2010 and shared £1.9m over the years, gives brokers the chance to support those around them working tirelessly to build a brighter future, whether that is helping people take control of their financial future or…
FCA warns of Axa clone
The Financial Conduct Authority has warned of a clone claiming to be Axa Insurance UK and Axa Investment Managers UK.
CFC extends cyber cover for professional services firms
Cyber insurance provider CFC has upgraded its packaged insurance policies for professional services businesses in a move it claimed could be a “game changer” for SMEs that cannot afford standalone cyber cover.
Dickson & Co buys Kerr Group
Dickson & Co has added Kerr Group to the business – its latest deal in a series of acquisitions and expansions as part of its £7m investment.
Applied Systems investigated over alleged anti-competitive conduct
The Canadian Competition Bureau has gained a court order to progress a civil investigation into alleged anti-competitive conduct by Applied Systems and its affiliates.
World Cup 2022 linked to rise in injury severity, claims Howden
The 2022 men’s World Cup in Qatar [20 November to 18 December] resulted in an overall increase in injury severity for players in Europe’s top five leagues.
FCA authorisation performance dips in Q2 2023
The Financial Conduct Authority has seen its authorisations performance in four out of five categories affecting brokers slip backwards in Q2 2023.
Ex-Covea boss Callan returns to broking with Brown & Brown
Brown & Brown Europe has appointed Carolyn Callan as a managing director of its Retail Division.
People Moves: 13 – 17 November
Keep up to date with the latest personnel moves in insurance.
Parametric climate risk insurer Arbol launches UK MGA
US-based parametric climate risk specialist Arbol has expanded internationally by launching a new, London-based managing general agent.
Aviva personal lines jumps in Q3 but UK insurance COR grows
Aviva has reported a 20% boost in UK personal lines to £2.15bn, as commercial lines also rose to £2.39bn from £2.15bn in Q3 2022.
Brown & Brown’s PCH arm notches up two more deals
Brown & Brown Europe-owned Premier Choice Healthcare has completed two more acquisitions.
Direct Commercial launches broker portal for commercial motor market
Direct Commercial has launched its portal giving brokers more functionality and accessibility to the MGA’s services.
AssuredPartners buys again in South West with Atom
AssuredPartners has bought Somerset-based Atom Insurance Brokers.
SiriusPoint takes Alex Hardy from RSA
SiriusPoint has swooped for RSA’s sales and distribution director Alex Hardy.
FSCS open for claims against failed broker
The FSCS has listed FML Insurance Services Limited, trading as Entertainment Insurance Services, as a failed company.
Rokstone launches sports and prize indemnity division with Allianz capacity
Rokstone has launched a sports and prize indemnity division with an exclusive facility from Allianz Commercial.
Ex-broker among 10 arrested in police crackdown on commercial insurance fraud
Ten people have been arrested across the country, and 18 vehicles seized during a two-week police operation to tackle commercial insurance fraud.
Canopius appoints Mark Newman as UK CEO
Canopius Group has named Mark Newman as UK CEO, moving from his current position of CEO for Asia-Pacific.
Aspen unveils UK construction sector wellbeing product
Aspen Insurance has unveiled Construction Wellbeing to support the rising challenges associated with the mental health of employees working in the UK construction industry.
Chubb rebrands division alongside media product launch in UK
Chubb has launched a media insurance product for clients in the UK, and rebranded its existing UK technology industry practice as the technology and media practice to reflect its new focus.
Pen launches TMK-backed IP cover in UK
Pen Underwriting has rolled out an intellectual property insurance proposition backed by Tokio Marine Kiln, which is aimed initially at UK businesses.