Diversity
Stella targeting £300m motor GWP within years, says Sam White
Managing general agent Stella Insurance launched in the UK with a motor offering in November 2022 and is targeting £10m of gross written premium this year, according to its founder and CEO Sam White.
Liiba zooms in on next generation with 2023 agenda to drive change in London market
The London and International Insurance Brokers’ Association has published its agenda for 2023, flagging a focus on putting insurance brokers – particularly younger professionals – at the centre of the London insurance market’s modernisation.
Cost-of-living crisis to place additional regulatory focus on market
DAC Beachcroft has published its predictions for 2023, which touches on the impending implementation of the Consumer Duty and what the Financial Conduct Authority will expect of the insurance industry during the cost-of-living crisis.
One Broker targeting £4m Ebitda
Norwich-headquartered One Broker has targeted pushing Ebitda above £4m within two years through sustained organic growth and acquisitions, CEO Robin Plaster revealed to Insurance Age.
Zurich reports double digit boost in female senior hires
Some 45% more women were hired into senior roles at Zurich UK between January and November 2022, compared to the same period in 2019, the insurer has revealed.
Ignite launches start-up broker accelerator with gender balance target
Ignite Insurance Systems has launched Ignition, an accelerator programme to help start-up insurance brokers create and grow their own businesses.
Allianz makes ESG push on independent brokers
Allianz has urged small independent brokers to think about their ESG initiatives and make changes to reduce their carbon footprint.
Blog: Keeping on with the Broker Diversity Push
In his opinion piece in October 2016, Insurance Age’s columnist Tony Cornell asked why do so few women get to the top in broking?
Trade bodies back broker diversity campaign’s drive
The leaders of Biba, the MGAA and Liiba have reaffirmed their commitment to support increasing diversity in the market as Insurance Age launches the Broker Diversity Push – Gender Leadership Gap campaign.
Insurance Age makes benchmark and backing call to trade bodies in Broker Diversity Push campaign
Insurance Age has urged the British Insurance Brokers’ Association, the Managing General Agents’ Association and the London & International Insurance Brokers’ Association to investigate creating a broking industry benchmark and ways of working together…
Regular and rigorous measurement needed to improve gender leadership gap, says Sian Fisher
“There is a very good reason why all businesses have such exacting financial packs and that is because what gets measured gets done,” Sian Fisher told Insurance Age for our Broker Diversity Push – Gender Leadership Gap campaign.
Broker Diversity Push – Q&A with Ardonagh’s CFO Diane Cougill
In an exclusive interview with Insurance Age as part of our Broker Diversity Push - Gender Leadership Gap campaign, Diane Cougill, chief financial officer at The Ardonagh Group shares her insights from a firm that while it has a rising percentage of…
Gender gap stats no surprise but “crushingly disappointing” – Freedom’s Sam White
Sam White, founder of Freedom of Services Group, tackles the broking sector’s image, recruiting from other industries and the question of quotas as she shares her reaction to the gender diversity leader gap statistics.
Only 8% of broking CEO and 5.4% of chair roles held by women
With gender diversity falling in key regulated senior management functions at brokers and lagging behind the low levels in the FCA-regulated financial services sector Insurance Age takes a deep-dive into which posts are held by women as our Broker…
FCA raises concerns on D&I strategies
The Financial Conduct Authority has warned that firms’ diversity and inclusion strategies are not consistently based on a clear diagnosis of their specific circumstances and challenges, meaning actions and initiatives may not be appropriately focused.
Stark FOI data reveals scale of broking’s gender diversity leadership gap
Broking’s lack of gender diversity in key senior management function roles has got worse since 2020 with the sector also falling behind the current low levels set by the FCA-regulated financial services industry, a Freedom of Information request by…
Headline makers: December 2022
The key stories from the past month all in one place.
CII gender pay gap spikes to 21.19%
The Chartered Insurance Institute Group has reported a mean average gender pay gap of 21.19%, up from 14.81% in 2021, alongside an improved ethnicity pay gap of 13.1%.
Sheldon Mills insists that ‘we must not lose sight’ on diversity and inclusion
The Financial Conduct Authority’s Sheldon Mills has urged the industry to do more on ensuring diverse representation and inclusive cultures.
ABI publishes new Blueprint to help improve diversity and inclusion
The Association of British Insurers has published a new Blueprint which sets out a multi-year strategy and work plan to improve diversity, equity and inclusion across the insurance and long-term savings industry.
Industry gears up for 2022 Insurance Day of Giving
Insurance United Against Dementia is preparing for the latest Insurance Day of Giving with several firms already committed to raising money for the Alzheimer’s Society.
MD of AbbeyAutoline urges brokers to pledge their commitment to D&I
Managing director of AbbeyAutoline, Julie Gibbons, has called on brokers to formalise their policies and pledge their commitment to diversity and inclusion.
Zurich becomes GAIN’s first Industry Transformer member
Zurich Insurance has become the Group for Autism, Insurance, Investment and Neurodiversity’s first Industry Transformer member.
UK Broker Awards 2022: Young Broker of the Year
George Abbott has gone from a telematics broker with no insurance experience to an integral member of a start-up that has grown to £10m of gross written premium since its 2015 formation