News
High Court approves RSA sale
The £7.2bn takeover of RSA by Intact and Tryg was announced last year.
Government closes £10bn trade credit scheme and announces market review
The temporary measure was developed to respond to the Covid-19 pandemic as government also announces a review to ensure outcomes are good for consumers.
Pen Underwriting builds out D&O capacity
The Gallagher-owned MGA has appointed Neil Bowdrey as head of D&O.
Aviva names Adam Winslow as UK & Ireland GI CEO
Winslow replaces Colm Holmes, who is moving across to Allianz to become UK CEO.
A-Plan opens branch in Haywards Heath
The broker has said it plans to open four more branches in the next six months.
Jon Dye to step down as Allianz UK CEO
Dye, who exits in November, is to be succeeded by Aviva's Colm Holmes.
ERS gains approval for expansion into new business lines
The provider's Syndicate 1856 is moving into business classes including D&F property, marine and energy liability, political risk, terror and war, cargo and specie and professional lines, following $350m capital injection.
Biba extends PI contract with Griffiths & Armour
The broker will continue to deliver professional indemnity support to members for the next three years amid “challenging conditions”.
People Moves: 24 - 28 May 2021
Stay up-to-date with the latest personnel changes in the world of insurance.
Mulsanne accuses Marshmallow of trying to "dump" clients
In an ongoing court battle Mulsanne claims Marshmallow has proposed to "dump" its clients in what the insurer brands a "potential serious regulatory breach".
Broker Insights adds seven insurers and 150 brokers to platform
The insurtech startup also reported doubling its revenue and GWP in its second year of trading.
One Call confirms ransomware attack
The cyber attack, which caused disruption to the broker's IT systems, and the criminal gang behind it are under investigation by the police.
Last chance to submit a UK Broker Awards entry
Submissions are free and will close this Friday, 28 May. The ceremony is set to take place in November during the largest live broking event in 2021- Broker Expo.
Ardonagh's Q1 deal spend revealed
The consolidator has paid £111m in cash for deals including Marmalade, Hemsley Wynne Furlonge, AccuRisk, and Resilium as it also states it was paid £22.75m for Bennetts.
Partners& acquires Town and Country
The deal will see the broker build its presence in the South West and establish a regional hub.
Ardonagh Advisory buys loss adjuster
Thompson & Ryan is based in London and has a nationwide presence.
Insurance Hound: Most read by brokers in March and April 2021
Which topics have caught brokers’ eyes this spring?
Aston Lark Ireland continues expansion with fresh deal
Brady Burns & Associates, based in County Kildare, is the consolidator's third deal in Ireland this year.
Marsh’s Neil Poulton appointed MD at Sagars
Founder, John Meadows, has stepped back from his leadership role at the Global Risk Partners-owned broker.
CII New Generation group warns on customer trust as report highlights barriers
The report said the insurance sector could refocus its efforts towards building trust with its customers, particularly SMEs.
Income up in acquisitive Q1 for Ardonagh
Group income has increased to £199.7m as the consolidator flags a mix of acquisitions and organic growth.
Square Pegs expands SME product range
The organisation has also become a standalone underwriting cell within Castel.
Howden acquires specialist medical and healthcare broker MPRS
MPRS provides accident and health, professional liability, medical malpractice, and commercial combined cover for general practice, private practice, and GP federations.
Huw Evans to exit the ABI
The insurer trade body will commence its search for a replacement director general shortly as it reveals Evans will be joining KPMG in January 2022.