News
Call Connection administration to be wrapped up next year
The business collapsed in 2017 along with broker Ignition Select and it is predicted that only £246,000 will be paid out to creditors, with Lloyds Bank suffering a "significant shortfall".
Tulsi Naidu exits as Zurich UK CEO
She leaves to head up the insurer's Asia Pacific region as provider reshuffles its executive team and makes swathe of leadership appointments.
Parliamentary call for Co-op to review Markerstudy deal
MP, Tony Lloyd, slams Markerstudy over potential loss of 200 jobs and failure to recognise Unite and calls on Co-op to examine "moral compass" amid sale which is yet to complete.
Saga announces £150m equity capital raise
Former owner and CEO, Sir Roger De Haan, is expected to invest up to £100m in the business as he returns to the board as non-executive chairman.
Deadline extended for AA takeover talks
The three potential buyers have an additional four weeks to make a bid for the AA as the motor specialist says discussions are progressing.
Fenchurch Law unveils claims advocacy service for smaller and regional brokers
Business says move comes after growing demand from brokers for broader claims support as Phil Taylor joins the business from Marsh Commercial to lead the new service.
QBE group CEO exits after conduct investigation
Departure follows the outcome of an external investigation into “workplace communications” after a female employee reportedly complained to the QBE board.
Gallagher cans Capsicum Re brand
The reinsurance business will be renamed Gallagher Re from 1 October.
Blog: Insurtech in 2030 and the warning signs for brokers
Zego’s Harry Franks explores how insurtechs are filling the customer expectation void in insurance.
Trade-offs are needed to create pandemic policy, says Liiba
CEO Christopher Croft argues that governments and private insurers need to collaborate on solution capable to respond to future pandemics in order to keep costs down for taxpayers.
Gallagher names Michelle Bree as new COO for UK Retail
She moves across from Gallagher-owned Pen Underwriting, and Pen has appointed Matthew Lucas as her successor.
Complete Cover and Mulsanne parent posts £41.7m loss
The business was sold to Sun Capital last year. Since then it has secured a £1m development loan from Close Brothers and its investors has pumped £7m into Mulsanne to help with solvency.
Direct Insurance sues employee and broker Amicus over "unlawful competitive attack"
DIG was granted a springboard injunction on 3 August, in a case that saw the broker accuse senior account manager Darren Judd along with competitor, Amicus Insurance Solutions, of stealing confidential information.
Shareholders approve $30bn Aon/WTW deal
The agreement was originally announced in March this year and will see the creation of the world’s largest broker.
Ecclesiastical launches hub for education brokers
The platform has been designed to help brokers and their clients manage strategic and operational risk as schools re-open amid the Covid-19 pandemic.
People Moves: 24 - 28th August 2020
Keep up to date with the latest job changes.
Blog: Helping clients prepare for a post-pandemic future
Craig Thornton, insurance lead at Lloyds Banking Group considers the role of the sector during the pandemic.
MS Amlin restructures underwriting team
Andrew Carrier has been appointed CUO as co-CUO management structure is dissolved with specialty and reinsurer leads to exit.
Profit shoots up for ERS
Half year results highlight how motor provider has been affected by coronavirus as profit increases and COR improves.
Das UK posts profit rise for 2019
The legal expenses provider's COR worsened to 99.2% over the year while GWP fell slightly.
Former Brightside boss Mark Cliff takes NED role at MGA
Cliff has been appointed chairman of the firm which specialises in the social housing sector, travel and associated insurance and property insurance.
Abbey Autoline hits acquisition trail after rebrand
MD Julie Gibbons discusses the broker's rebrand, acquisition plans, opening up after lockdown and how the business has ended up with a female majority in management roles.
Ecclesiastical reports £59.7m loss after Covid-19 hit
GWP was up by 9% in the first half of 2020, while the provider's COR worsened to 101.1%.
Adrian Flux to create 185 new jobs
Broker says it is recruiting across its three offices in East Winch, King’s Lynn and Norwich.