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Cyber

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”.

CFC sale rumours resurface

The private equity owners of cyber insurer CFC are exploring “strategic options” having appointed advisers, according to a report by Bloomberg.

Brokers have mixed reaction on Zurich/Beazley deal

Insurance brokers have given a mixed response to the potential Zurich/Beazley deal highlighting the acquisition would create a “strong proposition” and could create opportunities but noted another competitor leaving the market as a medium-term worry.

Broking Success: Cass Stephens MD James Cass

Cass Stephens managing director James Cass explains how the broker is targeting the specialist care and park home sectors for growth as the business celebrates its 60th anniversary, and highlights the importance of cyber insurance for SMEs.

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