Market moves: Underwriting boost and a nod to brokers
An interesting month saw ongoing developments on commercial business with personal lines remaining steadfastly silent. Insurers looked to boost their underwriting and pricing capabilities while keen to highlight they were reaching out to brokers. Axa returned to the Towergate well again and, for their part, brokers pushed hard at regional opportunities across England, Scotland and Wales.
Commercial underwriting dominated the developments in the insurer community this month with both MMA and Ageas appointing commercial specialists. A host of changes at MMA saw Irene McFarlane appointed to the position of senior regional underwriter in the Newcastle team while Matthew Giles joined the Reading team in the same role. Brian Johnston was promoted to the identical position in the Glasgow team and Sally Chamberlain stepped up to regional underwriter in Manchester. In addition, Nick
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