Engineering
Jensten strikes first deal of 2024 with Home Counties buy
Jensten has bought community broker Melville Burbage, its first deal of 2024.
Profits drop at Allianz Holdings in first half 2023 as GWP tops £2bn
Operating profit fell 5.5% at Allianz Holdings in the first six months of the year to £112.8m as the combined operating ratio deteriorated to 96.6% from 96.0% in the same period of 2022.
HSB seeks to bolster broker engagement with Stacey Sheridan promotion
HSB has promoted Stacey Sheridan to network relationship manager as it looks to strengthen its broker proposition.
People Moves: 6 – 10 March 2023
Follow the latest insurance personnel moves.
Products: December 2022
Product launches including cover for SMEs and contractors, residential property owners, renovation providers and a digital platform pilot.
Acrisure continues UK expansion with CRK Commercial Insurance Services buy
US-based Acrisure has made its second UK broker purchase with CRK Commercial Insurance Services, following the acquisition of Russell Scanlan.
Interview: Chris Wallace, executive director, UK, QBE Insurance
Chris Wallace, executive director, UK, QBE Insurance, speaks to Siân Barton about his career to date, a love for all things Latino and Liverpudlian and his plans for the future
GWP up but profit and COR deteriorate for Allianz Holdings
Allianz Holdings has posted a drop in profit of 42%, from £170m to £99m for the first half of 2022.
HSB creates new commercial division
HSB UK and Ireland, part of Munch Re, has bought together its business development, customer trading and claims areas under a newly created commercial division.
Clear buys ProAktive
Clear Group has bought Yorkshire-based chartered broker and risk management business ProAktive, Insurance Age can reveal.
HDI restructures UK & Ireland operations
HDI Global and HDI Global Specialty’s UK and Ireland branches have been brought under a common leadership structure for the first time.
PIB buys Staffordshire broker in second deal of 2021
Element Hinton specialises in construction, waste, engineering and leisure and the deal follows investment into PIB by Apax Partners.
Axa XL pushes forward with building health monitor
Digital Risk Engineer uses Internet of Things devices to monitor and capture information about buildings.
Allianz to close Liphook operation
The insurer is proposing to move its engineering, construction and power teams, based in Liphook, to its Guildford headquarters 17 miles away.
Allianz teams up with restoration firm to speed up claims process
Brokers and customers will be able to track repairs online using a bespoke reporting platform.
Castel enters construction market with new offering
Sector has recently been troubled by hardening capacity and cover shortages.
Blog: Building certainty in construction
Steve Kelly, underwriting account manager at Allianz Engineering, Construction & Power, discusses how brokers can best help their construction clients prepare for Brexit.
Insurance Hound: Most read by brokers from July to August
Which whitepapers grabbed the attention of the broking space over the summer period?
#Insagepeople 29 July - 2 August 2019
Stay up to date with the latest people moves.
Brokers monitoring capacity shortages after TMKI run-off
Although brokers are not worried by the provider going into run-off, they have concerns over tightening capacity.
Worries raised about broker knowledge of construction
Research from HSB Engineering Insurance shows majority of brokers are in the dark when it comes to developments in technology in the construction sector.