United Kingdom (UK)
Gallagher rebrands Innovu and buys Doyle Mahon in Ireland
Gallagher has bought Irish broker Doyle Mahon and revealed the Innovu deal is now fully integrated with the rebrand set to complete next Monday.
‘Pull a finger out’ – Average time taken by FCA to approve acquisitions doubles
The Financial Conduct Authority's average time taken to approve acquisitions has more than doubled, leading to calls for the regulator to 'get things moving' to help brokers buy and sell businesses much faster.
‘Ridiculous’ – FCA fair value broker paperwork hours revealed
Calculations by the British Insurance Brokers' Association have shown brokers are working thousands of hours to complete fair value assessments.
Servca buys healthcare insurance specialist
Lloyd’s broker Servca has bought Medicas, an independent health insurance specialist, for an undisclosed sum.
Buildings insurance drops out of FOS’ top five complaints table
Complaints to the Financial Ombudsman Service about buildings insurance were down fractionally at 1,621 in the second quarter as it fell out of the top five most complained about products.
Marsh reports easing of UK commercial pricing rises
Commercial insurance pricing in the UK rose by 7% in the third quarter, according to research by Marsh.
Premier League clubs continue battle against insurers in BI court case
Premier League clubs are continuing their battle against insurers Allianz, Aviva, CNA, Liberty Mutual, MS Amlin and Zurich in a dispute over business interruption payments.
Dickson & Co buys Jim Burton Insurance Services in Armagh
Dickson & Co has expanded its network of offices in Northern Ireland to eight with the purchase of Armagh-based Jim Burton Insurance Services.
Commercial Express and Arag team up on broker schemes
Commercial Express and Arag have partnered up to provide commercial legal protection to brokers serving a range of retail and wholesale business clients, as well as emergency assistance and legal protection to residential property owners.
Ardonagh buys Stallard Kane
Ardonagh Advisory has bought Stallard Kane Group, a provider of health and safety, HR, training, and employment law compliance consultancy services.
CII adds Mathew Mallett from UK Space Agency as digital boss
The Chartered Insurance Institute and Personal Finance Society have appointed Mathew Mallett as chief digital and information officer to deliver the group's IT functions.
Gallagher highlights ‘excellent’ UK amid booming organic growth
The UK has been one of the strong performers in Aon and Gallagher results, as clients battle the economic slowdown.
Neil McFarlane to retire from TH March with Simon Dawe appointed MD
Specialist jewellery insurance broker TH March has confirmed that CEO Neil McFarlane will be retiring in early 2023 and that Simon Dawe has been named as managing director.
CII issues apology after data breach
The Chartered Insurance Institute has apologised after it identified an unauthorised third party had accessed its IT systems.
‘Stacks and stacks’ of UK brokers still left to join us – Acrisure UK chief McIlquham
Despite evidence that the number of UK brokers available for purchase is diminishing, Acrisure's UK retail chief Mark McIlquham says there are still lots left attracted to its model.
Martin Thompson named Brit CEO as Matthew Wilson steps down
Martin Thompson has succeeded Matthew Wilson as group CEO at Brit and executive chairman of digital and algorithmically-driven Lloyd's of London syndicate Ki.
People Moves: 24-28 October 2022
Keep up to date with the latest personnel changes within insurance.
Aviva invests £9m to help with crisis support
Aviva has invested £9m into Citizens Advice and Business Debtline services to aid with crisis support.
Bravo Networks offers staff fully funded apprenticeships
Bravo Networks is offering its members the opportunity to grow their staff through fully funded apprenticeships, provided by learning and development company Raise the Bar.
County Group buys North Wales broker
GRP’s County Group has acquired broker Business Insurance Specialist for an undisclosed sum.
MVP invests in Yorkshire broker
Minority Venture Partners have announced a new investment, this time in Yorkshire insurance broker Hathaway and Cope.
No major impact on insurers by inflation: report
Plenum Investments’ 2022 half year report has shown that inflation has not had a serious impact on the insurance sector, except for UK motor insurers, and higher interest rates gave led to an improvement in Solvency II positions.
Kelliher reports turnover and profit growth for 2021
Kelliher Insurance Group has recorded a 6.4% increase in turnover for 2021 to £17.3m.
Alan Atkins new CEO at MCE Insurance
MCE Insurance has a new CEO, with Alan Atkins taking up the mantle and former CEO Julian Edwards stepping into role of executive chair.