News
Product recall MGA to target regional brokers with new division
Specialist product recall insurance managing general agent BluNiche has unveiled a Birmingham-based offshoot to target regional brokers and their SME clients.
Tokio Marine HCC International expands in Manchester and Birmingham
Tokio Marine HCC International has invested in new premises in Manchester, and revealed underwriting appointments in the city and Birmingham as it pursues growth in the UK regional professional risks market.
C-Quence launches real estate product and ‘drag & drop’ automated submission reader
Managing general agent C-Quence has launched a real estate product for the property owners market, and unveiled a ‘drag & drop’ automated submission reader.
Saga names Mike Hazell CEO as insurance sale rumours resurface
Over 50s specialist Saga has appointed Mike Hazell as group CEO, succeeding Euan Sutherland with immediate effect.
Aviva and IFB join forces to help combat paid-ad spoofing scams
Consumers are being urged to be extra cautious when searching for their insurer or broker online.
Ardonagh Specialty CEO joins Brokerslink board
Brokerslink has announced Antony Erotocritou as a new board director, representing Ardonagh Specialty.
MGA Moveda goes live to broker market
Moveda Underwriting, a managing general agent set up by the Movo Partnership in May, has gone live to the independent broking sector with capacity from AmTrust and Irwell.
Broker Insights snaps up James Hallam as latest client
Broker Insights, the data analytics specialist, has signed James Hallam, part of the Seventeen Group.
Aviva uncovered £120m of fraudulent claims in 2022
Aviva has revealed that it uncovered more than 9,250 instances of fraud in 2022 – saving customers £120m.
Axa UK: broker clients will benefit from contractor body cameras
A major insurer is providing body cameras to contractors in move it claims will enable broker clients to highlight best practice to underwriters.
People Moves: 20 – 24 November
Follow the latest insurance personnel moves.
Atec tops 300,000 policies as turnover nears £20m in drive to double
Atec Group, which includes wholesale B2B property specialist Ceta Insurance and managing general agent Arkel, has revealed 34% organic growth in turnover – a record for the business.
Pen takes box at Lloyd’s
Pen Underwriting has taken a box at Lloyd’s, which will be staffed initially with a marine team ahead of diversifying into complementary products and other lines.
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.