United Kingdom (UK)
Ex-MIB boss and QBE and Aviva claims leader Clayden joins reinsurer
Former CEO of the Motor Insurers’ Bureau, Dominic Clayden, has joined Bermuda-domiciled international specialty reinsurance group Compre in the newly created role of interim global claims director.
Pen launches six enhancements to SME cyber
Pen Underwriting has added six cover enhancements to its UK SME cyber proposition.
Broker M&A specialists MarshBerry to be bought by Lincoln International
Global investment banking advisory firm Lincoln International has signed up to buy MarshBerry in a deal expected to close in the fourth quarter of this year.
Ex-Gallagher boss Grahame Chilton joins BPL as non-exec chairman
Former Gallagher UK CEO Grahame Chilton has joined credit and political risk specialist broker BPL as non-executive chairman.
What next for Jensten Group after the Bain Capital buyout?
With Bain Capital investment now secured, content director Jonathan Swift outlines what the market might expect from Jensten Group as it enters a new era.
McGill and Partners confirms $300m in new credit facilities
McGill and Partners has secured new credit facilities of $300m (£221m) from lenders Morgan Stanley, Permira and Bridgepoint.
Compliance experts push back on self-regulation for insurance
The insurance industry could not effectively mark its own homework if moved to self-regulation, according to compliance experts surveyed by Insurance Age, as the specialists noted an insurance specific regulator could be a middle ground.
Applied buys Cytora
Applied Systems has bought digital risk processing platform for the insurance industry Cytora.
Final Das UK results show growth and losses
Arag has posted the final set of results for Das Legal Expenses Insurance Company revealing 1.5% growth in premium income in 2024 and a deterioration in the combined operating ratio to 97.1%.
Haggart joins TBIG from Hedron as Clapp switches to deputy chair
Ex-Hedron Network boss Chris Haggart is joining The Broker Investment Group as group CEO, the consolidator has confirmed with Dave Clapp switching to be deputy chairman.
Former Bletchley director Angela Irvine joins Howden
Angela Irvine, former Bletchley sales director, has been appointed regional sales director at Howden based in its Birmingham office.
Pagan named Hedron CEO as Haggart exits
Duncan Pagan has been promoted to CEO of Brown & Brown owned network Hedron as Chris Haggart leaves after just under three years in the role.
Zurich brings in NCD conversion for SME e-trade fleets
Zurich Insurance is enhancing its SME e-trade fleet offering by accepting no claims discount claims history, in a move it stated responded to broker demand.
Percayso appoints Binley as group CEO as Tomlinson departs
Percayso has appointed Keith Binley as group CEO leading Percayso Vehicle Intelligence and Percayso Inform.
‘Road-tested’ proposition for brokers selling is what market needs, says Fairchild
Brokers are ‘underserved’ in the mergers and acquisitions market, according to IDEX Consulting CEO of M&A Andy Fairchild as he explained the rollout of IDEX’s new offering.
Aviva rolls out Global Risks Management Solutions in commercial lines
Aviva has launched its Global Risk Management Solutions proposition that unites 230 risk consultants across the UK, Ireland and Canada with Chris Andrews, director of risk management solutions UK, leading the UK and Ireland proposition.
‘Scrap the FCA’ – Arron Banks unveils Reform’s ideas for a self-regulating insurance industry
Arron Banks has revealed Reform UK is considering scrapping the Financial Conduct Authority, allowing brokers to self-regulate, if it forms the next government.
Lloyd & Whyte Group broker buys De Novo Risk Solutions
Direct Corporate Risks has bought Worcestershire-based De Novo Risk Solutions.
Profits slip but revenue up at Ageas Retail in 2024
Ageas Retail, the insurer’s wholly owned broking subsidiary with trading names including Ageas Direct and RIAS, saw post-tax profits fall 23% to £5.03m last year.
Ex-Aviva and Direct Line CFO Jane Poole joins CFC
Jane Poole will be joining CFC as group chief financial officer this month, the insurance provider has confirmed.
IDEX launches M&A sell side offering for brokers and MGAs
IDEX Consulting has unveiled its M&A advisory service designed for brokers and MGAs, in a move it claimed would challenge the industry’s current traditional transaction-focused model.
SRG adds five-strong team led by Manwaring
Specialist Risk Group has invested in its real estate, legal indemnities and rights of light capability with the arrival of a five-strong team led by Mark Manwaring, growing the offering to seven people.
Liberty adds Cole from Generali as UK broker boss
Liberty Specialty Markets has appointed James Cole as head of client and broker distribution for the UK and MENA, bringing more than 20 years of industry experience to the post.
Blog: The impact of tariffs on the extended warranty market
Changing global trade conditions are reshaping repair economics. According to Ronan Conboy, founder and CEO of Carrow Insurance, brokers have a role to play in helping businesses adapt early to stay resilient and competitive.