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Review of the Year 2023: OneAdvent’s Tim Quayle

Tim Quayle_CEO_OneAdvent

Tim Quayle, CEO of OneAdvent, admits relief that the hype around blockchain has rescinded and wonders if it is time for Lloyd’s to turn its iconic building into a shared office space for the market…. with beer on tap.

What has been your insurance/broking related highlight of 2023?

We completed a management buyout in September and raised new investment to support and launch ambitious MGAs. The MGA market has shown significant growth over the last few years, and this is a great opportunity for us to broaden our offering and help accelerate the growth of our clients.

What has been the most over-hyped insurance/broking buzzword or phrase of 2023?

Fortunately, we appear to have finally moved on from blockchain, which

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Q&A: Pen’s Nick Wright

Nick Wright, chief business development officer at Pen Underwriting, tackles its recent M&A quietness, capacity in the market and the benefits to brokers from niche products. He updates on the goal of hitting £1.75bn GWP by 2030, streamlining its agency base and shares why he thinks the Gallagher-owned MGA will “go from strength to strength”.

McCafferty leaves chair role at BDH

Brendan McCafferty has left Top 100 Broker BDH, Insurance Age can reveal, with the business confirming it was an ‘amicable’ departure and there are no plans to replace the now former chair.

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