News
People Moves: 13-17 September 2021
Keep up to date with the latest people moves.
The Insurance Octopus appoints director
Helen Bush will lead the business after being with the company for 11 years.
PIB extends its reach across Ireland
The broker has furthered its expansion across the country by striking a deal with Oliver Murphy Insurance Brokers.
Brokerslink adds claims dispute advisory service to network
The company has partnered with Fenchurch Law to support its global broker network with claims and coverage disputes.
Purbeck launches fresh PGI cover
According to the MGA, the policy was designed as a response to insurers’ requirements of personal guarantees for run off claims.
WF Risk Group goes for growth following rebrand
MD Richard Willis discusses the company's name change and what the Belfast-based broker is looking for in future acquisitions.
Brokers urged to take action after FCA calls for clarity on remuneration
Experts say brokers need to review their business models after the regulator slams the industry for "weakness" over product governance rules and highlights its focus on fair value.
RAW Insurance on track for further expansion
After having opened an office in Kendal last month, co-founders Ryan Roberts and Stephen Ward tell Insurance Age about their plans for the future.
PIB buys in Nottingham
JRT Insurance Brokers is PIB's eighth deal this year and will be integrated into its specialty division, PIB Insurance Brokers.
MGA Nivante aims to bring greater choice to care sector
Co-founders Jade Knight and Melissa Kalsi tell Insurance Age about the demands care providers are facing and how the MGA can support brokers.
Who are the Top 50 brokers in personal lines?
The results of Insurance Age’s annual study into the top 50 brokers and providers in the personal lines market are in.
Lloyd's returns to profit in first half of 2021
Market reveals a profit of £1.4bn as well as an improved COR of 92.2% as gross written premiums also increase.
BGL confirms Fenchurch appointment as it explores insurance unit sale
BGL says it has "a duty to explore" approaches as Sky News reports that the business is considering a potential £700m sale of its insurance arm.
NPA Insurance names Brendan McCafferty as non-executive director
The former Brightside CEO is also going to join the company’s niche insurance brand, Peach Pi.
Peril in product governance – who you gonna call?
News analysis: Brokers are under the cosh and many need guidance on how to implement the FCA’s wide-reaching rules on product governance.
People Moves: 6-10 September 2021
Keep up tp date with the latest people moves.
Interview: Cuvva's Andy Tomlinson
Cuvva COO Andy Tomlinson talks about the company's evolution, the rise of on-demand products and the broker's plans for the future.
PIB's 2020 deal spend revealed
The consolidator's accounts show it spent a total of £92.8m on deals during the year, as it also reports increases in turnover and Ebitda.
Video: Das UK takes on the Ride Across Britain challenge
Insurance Cares: Follow along as the team of ten insurance professionals tackle the 980 miles from Land’s End to John O’Groats to raise money for Insurance United Against Dementia.
Markerstudy Broking hires trading director
Simon Townsend joins Markerstudy following its purchase of Brightside earlier this year.
MGA with focus on UK care sector launches
Nivante trades exclusively through brokers and provides specialist combined insurance products for the UK care sector, including liability, property damage, and medical malpractice.
Beazley launches cyber policy for luxury yachts
According to the provider, the cover is designed to protect against physical damage, loss of access, threat and ransom of the vessel and offers a 24-hour claims hotline for its policy holders.
Willis & Company rebrands as WF Risk Group
The Belfast-headquartered business says the move follows recent growth and acquisition activity, including its deals for Kennett Insurance Brokers and Playle Russell, as it reveals it is looking to expand further.
Lucida on track to make deals following rebrand
In an exclusive interview with Insurance Age, group CEO Mike Joseph discusses the creation of the new broking group and its plans for the future.