News
County Group buys Welsh broker Bruce Edwards Jones
Deal forms part of the broker’s strategy to increase its presence in North Wales.
Aviva targets 20% premium growth in GI business
Provider reveals new organisational structure with five operating divisions.
Ex-Swinton boss Gilles Normand joins Saga amid insurance business restructure
Former Legal & General GI boss, Cheryl Agius, is set to take on CEO of insurance role as Saga reveals plans to bring together its insurance broking, underwriting and claims management businesses.
Lloyd’s launches Speak Up campaign to address culture problems
Campaign directly follows results of an independent survey on the market’s culture.
Towergate acquires Swansea-based broker
Both employees join Towergate’s Swansea office as owner Tony Nakonecznyj becomes a consultant.
Compass CEO John Lincoln to retire as Bravo restructures leadership team
Lincoln will move into an advisory role for Compass-owner Bravo Group from 1 January 2020 as Scott Bennett takes on role overlooking both Compass and Broker Network.
FSCS urges Alpha latent defect customers to submit claims
Scheme has in total paid out £31m in premium refund compensation to 229,000 Alpha policyholders following the collapse of the unrated Danish insurer in May 2018.
Jaime Swindle exits NIG for Bravo Group
The former director of broker e-trade has joined the parent company of Broker Network, Compass and Ethos Broking.
THB agrees Fleet UK partnership with Axa
Axa to underwrite the Fleet UK product from 1 January following Zurich's exit from the scheme.
Former Jelf boss Phil Barton joins MRIB as group CEO
Barton departed Jelf in March 2019 after 16 years with the business.
FCA and PRA seek to ban and fine former insurance CEO
A joint investigation by the regulators found that between February 2010 and July 2016 Stuart Malcolm Forsyth transferred excessive amounts of his own salary to his wife, and as a result paid £18,000 less in income tax than he should have done.
Insurance Day of Giving raises £90,000
Insurance Cares: Money goes towards the Alzheimer’s Society and the UK Dementia Research Institute.
GRP buys HNW broker Gauntlet Insurance Services
Deal follows GRP's purchases of risk management specialist Health and Safety Click and Lancashire-based broker 3XD.
Marsh Commercial branch closures underway
Insurance Age understands redundancies of around three figures are on the cards as the former Jelf business undergoes a restructure under Anthony Gruppo.
Pioneer confirms Lloyd’s syndicate run-off
Syndicate 1980 already had its 2020 business plan approved by Lloyd’s as Pioneer says it is in talks about fresh investment in its underwriting operation.
Una Conference 2019: Brokers should think strategically on client interaction
Behavioural economist, Mark Pittaccio, said that having a conversation with a broker is a shortcut for clients, as they may not read the entirety of their insurance policy wordings.
Diversity and Inclusion in Insurance – winners revealed
Inaugural awards event was held on 14 November by Insurance Age and Insurance Post.
Video: How can payment services help brokers?
Sharon Bishop, of Close Brothers Premium Finance, explains how technology is helping commercial brokers to offer payment services.
Quizzical questions: 15 November 2019
Test your knowledge of the week's news with our topical quiz.
People Moves Round-up: 11 – 15 November 2019
Keep track of the most recent market moves.
Una Conference 2019: Insurance sector ripe for Uber-level disruption, warns Tim Ryan
The executive chairman of the Una Alliance told conference attendees that they need to ensure they understand changing buying decisions and new types of consumer.
Tokio Marine Kiln appoints new chief underwriting officer
Move forms part of a wider management reshuffle at the firm.
Tasker set to make more specialist deals
CEO Robert Organ discusses the broker's acquisition strategy and details plans to make three or four more deals next year.
Flood forecasting firm Previsico launches nationwide
InsurTech Futures: The firm is looking to partner with commercial and HNW brokers.