Financial lines
Aviva reveals 15 new hires in regional specialty push
Aviva has hired 15 people in its regional specialty segment as it commits to increasing market visibility through deeper, face-to-face engagement with brokers across the regions.
Amiga Specialty adds more financial institutions capacity
Managing general agent Amiga Specialty has added capacity from Axa XL to its financial institutions arm.
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…
Brit launches integrated cyber and financial institutions cover
Brit has rolled out joined up cover across cyber, professional indemnity, directors’ and officers’ liability, and crime in an integrated package for financial institutions.
Financial lines MGA Verde Risk Management launches
Verde Risk Management has launched, specialising in the financial lines market, predominantly commercial crime, management liability and financial institutions.
Meet the MGA: Arrow Risk Management
Arrow Risk Management CEO Jon Godfray explains how the MGA combines decades of expertise, cutting edge technology and underwriting excellence to create what he hopes the market recognises as a ‘quality shop’.
Former Jensten Wholesale MD Taylor joins MGA Exance
Simon Taylor has joined managing general agent Exance as CEO.
FeLines’ founder Henderson on how the group has grown and provides safe space
Gemma Henderson, founder of FeLines, a networking group for women in insurance financial lines, explains how the group has grown, the importance of safe spaces, and how she will focus on quality of events over quantity.
New MGA targets financial lines
Managing general underwriter Acies has launched its latest underwriting agency, Subscribe MGA focusing on financial lines.
Q&A: Richard Webb on his career, retirement and advice to the next generation
Having retired from Pen Underwriting earlier this year, Richard Webb reflects on his career, gives insight on exceeding expectations with building and selling MUM, shares his belief in the importance of gut instinct and reveals the exit message that made…
Pen expands Simmonds’ role to MD of public sector and international after Scott exit
Seb Simmonds has become the managing director of public sector and international at Pen Underwriting, in an expanded role following the departure of Adrian Scott, the Gallagher-owned managing general agent has confirmed.
Allianz mid-market boss Graham Stait’s ‘challenge us’ message to brokers
One year into the role of mid-market leader at Allianz, Graham Stait tells Insurance Age about growing the offering and his keenness for brokers to challenge the firm as it seeks to be “the easiest insurer to do business with”.
Liberty Specialty Markets continues with restructure
Liberty Specialty Markets has unveiled a new single integrated third-party division, bringing together financial and professional and casualty under one unit in its UK and MENA region.
Interview: Allianz Commercial UK managing director Phuong Ly
Allianz Commercial UK managing director Phuong Ly talks to Jonathan Swift about how greater regional underwriting authority, a clearer risk appetite and focus on digitalisation should help the business achieve its ambition of being the easiest insurer to…
Business solutions company buys Lloyd’s broker
Liberty Blume has bought Lloyd’s broker PHL Insurance Brokers in its first strategic M&A transaction.
Downey on getting Pen to £1.75bn by 2030
Having hit its goal of £1bn gross written premium a year early in 2024, Pen Underwriting has set its sights on £1.75bn by 2030. CEO Tom Downey tells Insurance Age about the strategy of organic growth, product development and acquisitions now in place to…
Meet the MGA: Shape Underwriting
Mandy Hunt, managing director of Shape Underwriting, explains the logic behind rebranding the Clear MGA business; outlines its holistic approach to acquisitions; and pinpoints the importance of recruiting staff who understand collaboration, integrity…
Interview: Mike Crane, SME & Specialty director at Axa Commercial
In his first interview since starting at Axa Commercial as SME and specialty director this January, Mike Crane tells Insurance Age about his key message to brokers at the upcoming Biba Conference, what he has found at his new home and his plans for the…
MGA brings together five businesses under one brand
Dual Group has rebranded a collection of its UK MGA businesses under a single identity.
MGA takes another Axa leader with CUO hire
Optio Group has appointed the former Axa director of schemes and delegated authorities Gary Head as chief underwriting officer, effective immediately.
UK commercial rates still falling by 5% – Marsh
UK insurance rates fell by 5% in the final quarter of last year, maintaining the speed of decline seen in Q3, according to Marsh, with financial and professional lines as well as cyber seeing the steepest declines.