People
Marshmallow raises $90m to grow product offering and international expansion
Fintech Marshmallow has raised $90m (£68m) of funding, a mixture of equity and debt, from Portage, BlackRock and Columbia Lake Partners to grow the business’ product offering and support plans for international expansion.
Partners& creates nine leadership roles
Partners& has restructured its general insurance business creating nine new managing partners roles across the UK.
People Moves: 7 – 11 April 2025
Keep up to date with the latest insurance industry personnel moves.
Axa committed to regional PL market – intermediary director Matt Field
Matt Field, director of intermediary at Axa retail, has told Insurance Age the insurer is “committed” to the regional intermediary market, and is focusing on sustainable growth.
Newbie News: Taurus Risk
Thomas Beckett, co-founder of Taurus Risk, tells Insurance Age how he started the business and how he aims to grow the broker and find its niche.
Ex-Zurich/RSA CEO Lewis appointed MGA chair
Managing general agent Arkel has appointed former Zurich and RSA CEO Steve Lewis as chairman, effective immediately.
Ex-Erskine Murray boss takes MGA NED role
The former Erskine Murray Insurance Brokers owner and CEO Tom Bartleet has been appointed to non-executive director at MGA Qlaims.
Partners& rebrands Scottish broker MacDonald Group
Scottish broker MacDonald Group is rebranding to Partners& following its acquisition in 2022.
Former broking CEO Fairchild takes new M&A role
Former Broker Network and Applied Systems Europe CEO Andy Fairchild has joined IDEX Consulting to lead the business’ M&A division.
Yutree outlines plans after MBO
Laura Hancock, managing director of Yutree Insurance has outlined plans for the future following a management buyout, including opening an office in Norwich.
People Moves: 31 March – 4 April 2025
Follow the latest personnel moves in insurance.
Ex-Hiscox HNW boss Holmes’ new broker employer revealed
Specialist Risk Group has recruited Hiscox’s former high net worth broker boss Nicola Holmes.
Gallagher grows real estate practice with broker buy
Gallagher has purchased commercial insurance broker Bicroft Insurance Services, expanding the broking giant’s real estate practice.
Matt Williams named UK and Ireland CEO at Allianz Trade
Matt Williams, currently regional credit director for Allianz Trade in Northern Europe, is moving to be CEO in the UK and Ireland succeeding Sarah Murrow.
HDI takes Breese from Arch as cyber leader
HDI Global UK and Ireland has recruited Marcus Breese as head of cyber underwriting, joining from Arch Insurance International.
RSA cutting up to 250 jobs in Peterborough following personal lines exit
RSA has put 250 jobs at risk in its Peterborough office over the next two years, following the insurer’s decision to exit the personal insurance market first announced in December 2023.
People Moves: 24 – 28 March 2025
Keep up to date with the latest insurance industry personnel moves.
Allianz Commercial appoints CUO and CTO
Allianz UK has appointed Adam Lloyd from Allianz Australia as chief underwriting officer in Allianz Commercial and promoted Claire Buck to the newly created role of chief technical officer for the division.
Aviva to open regional underwriting branch in Cardiff
Aviva is opening a new regional underwriting branch in Cardiff to service brokers and clients in South Wales, Insurance Age can reveal.
Bayles to lead Bravo Networks as MD Bennett moves to Towergate role
Bravo Networks managing director Scott Bennett has moved to be branch director for Towergate in Manchester with Phil Bayles covering at the network on an interim basis.
Momentum increases revenue 21% in 2024 as it grows financial support for members
Appointed representative network Momentum hit £97m gross written premiums last year growing 21%, as founder and managing director Howard Pepper looks to continue financial support for its ARs following AUB investment.
Patston named Touchstone MD as Roe retires
Mike Patston has been promoted to managing director of Touchstone Underwriting following the retirement of Alan Roe.
Interview: Mike Bottle, managing director of the Arch Insurance UK regional division
After a decade of transformation, multi-award-winning Arch is very much open for business with brokers and ready for more profitable growth across its regional network, hub and digital offerings, boss Mike Bottle tells Insurance Age.
People Moves: 17 – 21 March 2025
Stay in the loop with the latest insurance personnel moves.