Martyn Holman has joined Canford Law as a board advisor to help in the strategic development of the business as it seeks new opportunities in the insurance market.
Follow the latest personnel moves in insurance.
Follow the latest insurance personnel moves.
Markerstudy has admitted prioritising certain business lines over others in the present hard market, as it denied experiencing a “capacity squeeze”.
The hottest stories from 1 to 30 September.
Welcome to the Top 100 UK Insurance Brokers, which Insurance Age has put together for a second year running with the help of Insuramore.
Another long-standing insurance brand has disappeared from the high street.
The hottest stories from 1 to 31 August.
Ian Donaldson, Ardonagh Retail CEO and inbound Markerstudy Retail CEO, has hailed the proposed merger as being able to boost growth, product footprint and acquisitions but declined to be drawn on any interest in RSA’s personal lines business.
Jonathan Swift looks at Ardonagh’s recent growth, and suspects that a larger percentage of the £820m windfall from the Atlanta sale is going to be spent overseas rather than at home.
Markerstudy is only £301m of gross written premium away from potentially overtaking Admiral as the UK’s largest personal lines player after the £1.2bn Atlanta deal last week, according to its CEO Kevin Spencer.
Markerstudy has today confirmed plans to merge with Ardonagh’s personal lines broking business Atlanta Group, in a deal that creates a business that transacts £3bn of GWP annually and employs 7300 people.
Markerstudy has reiterated its “commitment to intermediaries is as strong as ever” amid speculation that it is pulling products from the broker market.
Profits at Qatar Insurance Company (QIC) surged 181% to 325QARm (£70m) after it pulled back from challenging markets.
As part of the Pollen Street Capital acquisition, Tradex’s capacity is growing from around £100m of gross written premium to £450m, Markerstudy group chief underwriting officer Gary Humphreys told Insurance Age.
Markerstudy’s owner Pollen Street Capital has completed the delayed purchase of motor trade and taxi specialist insurer Tradex after getting the greenlight from the Prudential Regulation Authority, Insurance Age can reveal.
Ardonagh’s UK Commercial MGA CEO Jaime Swindle is targeting doubling the size of the business in the next three years taking it into the region of £500m gross written premium.
Despite his departure from insurtech Abacai, Mark Wilson has talked previously about the need to disrupt the insurance status quo going back to his days as group CEO of Aviva. Based on the assumption this exit is just a blip in that mission, Jonathan…
The broking telematics market has had a few setbacks of late with Unipol pulling capacity and Lumun pivoting to become an MGA. But as Saxon East discovers, there are positive signs on the road ahead too.
Keep up to date with the latest personnel moves in insurance.
The insurance industry has paid its respects following the passing of former Edgar Hamilton Group chairman and well-known insurance personality, Lloyd’s broker and philanthropist Terry Wellard, aged 82.
Stay in the loop with the latest personnel moves in insurance.
Clegg Gifford has partnered with digital agency MagiClick UK with the ambition of giving UK high street brokers “improved accessibility [to] Lloyd's capacity” through new e-trading platform Six.