News
Ex-Aviva UK CEO named ABI president
The Association of British Insurers has appointed Andy Briggs, CEO of Phoenix Group, as president with immediate effect.
Another double-digit jump for Polaris’s imarket takes premiums to £449m in 2024
Insurance premiums placed through digital trading platform imarket rose 15% to £449m in 2024 as Polaris built on surges in recent years.
Insurer service improves but claims and consistency causes challenges – Gracechurch
Specialist insurance research consultancy Gracechurch has reported a nine-point uplift in the market average net promoter score of insurer service over the past six months.
FSCS opens to claims after Scottish broker stopped from trading by FCA
The Financial Services Compensation Scheme has opened for claims from customers of Arthur Temlett, who traded as Abacus Insurance Consultants and was forced to stop carrying out any regulated activities by the Financial Conduct Authority at the start of…
Ex-England manager Gareth Southgate among Biba conference speakers
The British Insurance Brokers’ Association has confirmed former England men’s football team manager Gareth Southgate as one of its 2025 conference keynote speakers.
CII New Gen group targets building confidence in insurance profession
A report published by the Chartered Insurance Institute New Generation Programme 2023/24 London Market Group has looked into how the insurance profession can help to build public confidence.
Gallagher names ex-Giles boss Lyons specialty CEO as Turner departs
Gallagher has appointed Sarah Lyons, currently CEO of its Australia and Asia business, as CEO of the London-based specialty division, succeeding Jonathan Turner.
Seven kilometre high pile – FCA moves to clarify email deletion plans
The Financial Conduct Authority has acknowledged it hit the headlines last week with criticism of its plans to delete emails held in staff inboxes after a year, and has sought to explain what it is doing and why.
Prestige becomes preferred non-standard household partner for Ardonagh Advisory
Specialist managing general agent Prestige Underwriting has entered a strategic partnership with Ardonagh Advisory.
QBE hails “excellent” International COR of 88.7%
QBE International grew gross written premium by 11% to $9.84bn (£7.78bn) last year as the combined operating ratio improved.
Broker buys firm with Airbnb, Sainsbury’s and John Lewis partnerships
Tedaisy, the pet insurance broker, has acquired dog health and activity app Perro, aiming to combine the latest technology with insurance solutions.
US consolidator completes first overseas deal with UK MGA buy
Bishop Street Underwriters has completed its acquisition of Landmark Underwriting, a specialty-focused managing general agent based in London.
People Moves: 17 – 21 February 2025
Follow the latest personnel moves in insurance.
Hiscox UK adds Walker from Marsh as broker development director
Hiscox UK has appointed Stewart Walker as broker development director, a newly created role at the insurer.
Zurich UK boosts operating profits as GWP rises and COR improves
Zurich UK improved its combined operating ratio in property and casualty business to 91.7% last year from 93.8% in 2023.
MCE administrator updates on progress
The administrators of MCE Insurance have detailed developments on credit hire, property and a court case involving Alpha Insurance in their latest update.
Howden’s UK broker buying takes off in 2025 with two aviation deals
Howden has bought aviation specialist Forbes Insurance and Hill Aviation Insurance Services’ book of business as it sets up a new division.
CFC launches cyber portfolio quoting for brokers
CFC has launched cyber portfolio quoting for UK brokers, a service that automates quoting for thousands of policies.
More than one in four UK businesses impacted by civil unrest last year, says Gallagher
Over one in four UK businesses were impacted by civil unrest last year, with nearly two-thirds citing a continuation of the problem as a major concern for 2025, according to research by Gallagher.
IQUW launches ports and terminals product
IQUW has launched a ports and terminals product, with the insurer claiming it will help brokers and clients manage their risks with cover for physical loss or damage to marine property and cargo handling equipment, business interruption and third-party…
Lucida names Gledhill as CEO with founder Joseph focusing on CUO role
Former BGL leader Matthew Gledhill has joined motor specialist Lucida as group CEO succeeding Mike Joseph who has switched to focus on the chief underwriting officer post having previously held both jobs.
Moonrock launches drone product liability cover
Managing general agent Moonrock Drone Insurance has developed drone liability cover to protect manufacturers in the event of the devices causing harm to the public.
MGA brings together five businesses under one brand
Dual Group has rebranded a collection of its UK MGA businesses under a single identity.
EY revisions show three years of slowing premium income growth
EY has revised its forecast up slightly for UK non-life insurance premium income growth this year while ticking down the prediction for 2026 and releasing its number for 2027.