Directors & officers’ (D&O)
MGA expands D&O offering with NED Protect
Rising Edge has expanded its commercial D&O offering to include a new product, tailored exclusively for non-executive directors.
Hug Hub stakes revolution claim with “first of its kind in the UK” extranet roll out
Hug Hub has launched Extranet Hub, an aggregator-style quote tool, claiming it is the first of its kind in the UK that promises to revolutionise commercial quoting for brokers.
Howden Scotland adds Glasgow-based broker
Howden Scotland, formerly known as Bruce Stevenson, has acquired Glasgow-based Neilson Laurence & Neil.
First fall in years as UK commercial pricing slips 1% in Q3
Pricing in the UK commercial insurance market fell by 1% in the third quarter of 2023, ending years of market hardening, research by Marsh has revealed.
UK commercial hardening drops to 1%
Insurance pricing in the UK commercial market rose by only 1% in the second quarter of 2023, according to Marsh, its lowest rate since Q4 2018.
Meet the MGA: Rising Edge
Having just celebrated its second anniversary, Rising Edge CEO Philippe Gouraud talks to Jonathan Swift about its efforts to reimagine D&O insurance, empower decision makers and support grassroots football.
Clear buys One Commercial Specialty from Bspoke
Clear Group has continued its push into the managing general agents sector buying One Commercial Specialty from Bspoke.
Allianz seeks to move closer to brokers with new financial lines team in three regional hubs
Allianz Commercial has formed a financial lines team focusing solely on directors & officers cover and professional indemnity propositions.
UK commercial insurance price rises ease again in Q1 – Marsh
Commercial insurance pricing in the UK rose by 3% in the first quarter of the year, down slightly on the 4% uplift in the final quarter of 2022, according to research by Marsh.
Rates rises slowed across UK insurance towards end of 2022
The pace of rate rises across UK insurance slowed down towards the end of last year, increasing by just 4% in the fourth quarter, according to Marsh specialty and global placement data.
AssuredPartners appoints Ben Crabtree as London MD
Ben Crabtree has been appointed managing director of AssuredPartners London. He will report to AssuredPartners International CEO David Heathfield.
Miller launches new D&O product
Miller has launched D&O Construct, a new product for the UK construction sector, designed with Dual.
Meet the MGA: Spring Insure
Spring co-founder and CEO Nathan Sewell explains why capacity alignment is key for his MGA and his fondness for ‘grafters’
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.
C-Quence adds excess D&O product
Digital managing general agent C-Quence has added excess D&O to its financial lines product range.
Property pricing up 6% in Q2
Insurance pricing in the UK increased by 11% in the second quarter of the year but this was down on the 20% rise in Q1 of 2022, according to the latest research by Marsh.
News analysis: The future for Directors’ & Officers’ cover
Martin Friel explores how this niche line is developing, and learns how factors such as Russian sanctions are driving change in the highly specialist market.
Beazley launches D&O solution for crypto companies
Beazley has unveiled CryptoGuard, directors’ & officers’ liability insurance tailored specifically for crypto companies.
IQUW launches crisis management product suite
Property, commercial and specialty insurer IQUW has developed an insurance class designed to help businesses anticipate, prevent, respond to, and recover from a wide variety of risks.
Superscript launches ‘Daylight’ for digital asset businesses
Superscript has staked a claim to be the first Lloyd’s broker to launch a product dedicated to distributed ledger technology, digital asset, and blockchain businesses.
Blog: Is the industry focusing enough on customer needs?
Nic Brown, of Markel, argues that meeting the needs of customers may have slipped as a priority for the industry during the current hardening market and rising premium inflation.
Landmark Underwriting makes two buys
Landmark Underwriting has revealed its first two deals after raising debt financing through SME lender BOOST&Co.
Broker Satisfaction Survey: Aviva triumphs in Financial Lines
With little between the top three, and plenty of praise for a range of providers, brokers have shown that the financial lines sector abounds with healthy competition.
Beazley report warns of 2022 business risks
The study suggests that 2022 may be the year in which supply chain, D&O, reputation and employment liability concerns ‘leak’ across insurance classes, creating complex, integrated risks with no “obvious or traditional insurance solution”.