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Showing posts from September, 2025

McMillan steps down as Ageas completes Esure takeover

Ageas has completed its purchase of Esure from private equity house Bain Capital first announced in April this year. from Insurer - insuranceage.co.uk https://ift.tt/ygGX6Fl

Zurich invests in empathy training to deepen broker relationships

Zurich UK has invested in over 1,300 hours of relationship training for 155 regional underwriters to build deeper relationships with brokers, as head of retail David Nichols revealed this is “not your classic textbook classroom training”. from Insurer - insuranceage.co.uk https://ift.tt/Jq3m4Kc

Allianz confirms motor trade staff consultation amid offshoring move

Allianz is holding a consultation process with staff as it changes its motor trade business with a new centre of excellence for underwriting in the UK alongside a team for non-complex renewals in Trivandrum, India, Insurance Age can reveal. from Insurer - insuranceage.co.uk https://ift.tt/8eHY13h

Broker Expo Countdown 2025: Arch’s Stuart Danskin

As we count down to Broker Expo next week, we caught up with Stuart Danskin, director of underwriting for the Arch Insurance UK regional division, who shares his top advice for brokers wanting to place specialist liability business and insights on Arch’s product clinic at the upcoming event. from Insurer - insuranceage.co.uk https://ift.tt/QS37GaL

Niche MGA capacity provider acquired by Korean insurer

Korean insurer DB is set to acquire 100% of the outstanding shares of The Fortegra Group, the specialty insurer, for approximately $1.65bn (£1.23bn) from Tiptree and Warburg Pincus. from Insurer - insuranceage.co.uk https://ift.tt/kPOjLUZ

Xavier Laurent to succeed Georges De Macedo as Covéa boss

Xavier Laurent is to succeed Georges De Macedo as UK CEO of Covéa after a three-month handover, the insurer has confirmed. from Insurer - insuranceage.co.uk https://ift.tt/ZjxsngS

QBE promotes Wilkinson to succeed Bickers in motor trade

QBE has promoted Hannah Wilkinson to underwriting manager of motor trade in the UK, effective 1 October. from Insurer - insuranceage.co.uk https://ift.tt/CeYs07m

Ecclesiastical boosts UK and Ireland GWP in half-year with ‘strong’ underwriting profit

Ecclesiastical grew gross written premiums in the UK and Ireland by 6.9% in the first half of the year to £227.2m, as it kept the combined operating ratio below 90%. from Insurer - insuranceage.co.uk https://ift.tt/UGrf0xK

Zurich pushes regional campaign for mid-market offering

Zurich has launched a regional campaign highlighting the insurers mid-market offering with 140 billboards on show in areas where key brokers operate, along with 50 billboards in London. from Insurer - insuranceage.co.uk https://ift.tt/qJbozjU

TMK launches enhanced cyber risk product suite

Tokio Marine Kiln has enhanced its Cyber Ctrl product suite with new products and wordings, including Professional Ctrl for technology, media and errors and omissions. from Insurer - insuranceage.co.uk https://ift.tt/KhORHtl

Fairer Finance urges FCA to go ‘back to the drawing board’ after Which? super-complaint

Independent consumer group Fairer Finance has welcome Which?’s super-complaint issued to the Financial Conduct Authority today targeting the ‘broken’ home and travel insurance markets. from Insurer - insuranceage.co.uk https://ift.tt/Ohf3o91

Which? hits FCA with super-complaint over ‘broken’ home and travel insurance markets

Which? has submitted a super-complaint to Financial Conduct Authority over market failings in home and travel insurance. from Insurer - insuranceage.co.uk https://ift.tt/5nDX2Qo

Peach grows with Roots in capacity deal

Niche commercial insurer Peach has partnered with Roots Contractor Insurance to provide the capacity for its range of contractor business insurance. from Insurer - insuranceage.co.uk https://ift.tt/tAuzxTG

Allianz uncovers £93m in fraud in first half of 2025

Allianz UK detected over 15,800 insurance frauds across personal, commercial and specialty lines worth £92.6m in the first six months of 2025. from Insurer - insuranceage.co.uk https://ift.tt/xGZYBb9

The stats: Insurer competition drives softening of commercial rates in Q2 2025

The Acturis Commercial Broking Index shows commercial combined and combined liability rates fell into negative territory, while growth slowed across fleet, property owners, and packages in Q2. Ida Axling reports. from Insurer - insuranceage.co.uk https://ift.tt/fCnwTE6

MGAA opens for applications to Next Gen Mentoring Scheme

The Managing General Agents’ Association has opened for registrations for the third cohort of its Next Gen Mentoring Scheme. from Insurer - insuranceage.co.uk https://ift.tt/verpCJ3

‘Short-changed’ motorists getting £200m claims payments boost – FCA

The Financial Conduct Authority has estimated 270,000 motorists will get £200m in compensation for historic insurance claims that were underpaid. from Insurer - insuranceage.co.uk https://ift.tt/iQrOlmn

People Moves: 15 – 19 September 2025

Stay in the loop with the latest insurance personnel moves. from Insurer - insuranceage.co.uk https://ift.tt/zhH8Akx

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”. from Insurer - insuranceage.co.uk https://ift.tt/HIhbiDk

Uris Group extends capacity deal with Zurich to £275m over five years

Specialist personal lines managing general agent Uris Group has struck a £275m five-year capacity deal with long-standing partner Zurich as it targets growth in its property insurance portfolio, trading as Midas. from Insurer - insuranceage.co.uk https://ift.tt/GrLc2EP

Gill named Bspoke CEO as Smyth switches to deputy chair

Bspoke Group, recently bought by NFP, has promoted Ryan Gill to CEO succeeding Tim Smyth who is becoming deputy chair as it also unveiled a new retail division. from Insurer - insuranceage.co.uk https://ift.tt/97zQY8q

Arc Legal and Collegiate part of AmTrust/Blackstone MGA spin-off

AmTrust has reached a definitive agreement under which funds managed by Blackstone Credit & Insurance will partner in the spin-off of seven of the specialty insurer’s MGA and fee businesses to form a new independent company. from Insurer - insuranceage.co.uk https://ift.tt/sOjb2Mq

Market Movement Index: All change

New analysis from Broker Insights reveals a shifting picture as higher premium risks move more, softer rates take hold and brokers shift to use smaller, dynamic providers over traditional markets. Rachel Gordon reports. from Insurer - insuranceage.co.uk https://ift.tt/cPthmgv

MGA Arrow targets tech E&O with Bridgehaven deal

Arrow Risk Management has launched its tech E&O underwriting practice teaming up with Bridgehaven Specialty UK for capacity. from Insurer - insuranceage.co.uk https://ift.tt/xK4sYRg

Meet the MGA: AUK MGA

AUK managing director Nigel Palmer gives Insurance Age the lowdown on the MGA’s exclusive, broker-led proposition that he asserts will help it achieve £250m GWP in the next three years based on its current growth rate. from Insurer - insuranceage.co.uk https://ift.tt/z2JM0k5

Allianz unveils AI tool BRIAN

Allianz UK has detailed the introduction of an AI tool – named BRIAN – which it claimed is transforming the way underwriters respond to customer enquiries, helping source information from documents to deliver enhanced speed and confidence in decision-making processes. from Insurer - insuranceage.co.uk https://ift.tt/L0SkUpr

Pen launches six enhancements to SME cyber

Pen Underwriting has added six cover enhancements to its UK SME cyber proposition. from Insurer - insuranceage.co.uk https://ift.tt/MCbLSsi

Côté reunites with Argentieri as RSA recruits CDO from Allianz

RSA Insurance has appointed Tom Argentieri as chief distribution officer UK and Europe, RSA Specialty Lines. from Insurer - insuranceage.co.uk https://ift.tt/WsU62xF

Zurich brings in NCD conversion for SME e-trade fleets

Zurich Insurance is enhancing its SME e-trade fleet offering by accepting no claims discount claims history, in a move it stated responded to broker demand. from Insurer - insuranceage.co.uk https://ift.tt/Tn8XQWb

Ex-Das boss named HSB UK and Ireland CEO

HSB UK and Ireland has appointed former Das UK CEO Andrew Burke as CEO, subject to regulatory approval. from Insurer - insuranceage.co.uk https://ift.tt/MOYT8pI

Aviva rolls out Global Risks Management Solutions in commercial lines

Chris Andrews has been named director of risk management solutions UK at Aviva as part of the insurer launching its Global Risk Management Solutions proposition that unites 230 risk consultants across the UK, Ireland and Canada. from Insurer - insuranceage.co.uk https://ift.tt/f4bLy67

People Moves: 25 August – 5 September 2025

Follow the latest personnel moves in insurance. from Insurer - insuranceage.co.uk https://ift.tt/fxj0slP

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 do deal with. from Insurer - insuranceage.co.uk https://ift.tt/2G8i0sv

RSA names e-trade vice-president

RSA has appointed Becky Henry as vice-president of e-trade for its UK commercial lines business with immediate effect. from Insurer - insuranceage.co.uk https://ift.tt/JmilGOt

Lloyd’s COR jumps up as GWP hits £32.5bn in first half of the year

Lloyd’s has reported an increase in its combined ratio to 92.5% in the first half of 2025 up from 83.7% in the same period last year. from Insurer - insuranceage.co.uk https://ift.tt/m4FX6Ny

Profits slip but revenue up at Ageas Retail in 2024

Ageas Retail, the insurer’s wholly owned broking subsidiary with trading names including Ageas Direct and RIAS, saw post-tax profits fall 23% to £5.03m last year. from Insurer - insuranceage.co.uk https://ift.tt/EM0FdkG

Aviva prevents £60m in fraudulent claims in the first half of 2025

Aviva’s counter fraud team has stopped over 6,000 fraudulent insurance claims in the first six months of this year, amounting to more than £60m. from Insurer - insuranceage.co.uk https://ift.tt/5fEYmwX

Liberty adds Cole from Generali as UK broker boss

Liberty Specialty Markets has appointed James Cole as head of client and broker distribution for the UK and MENA, bringing more than 20 years of industry experience to the post. from Insurer - insuranceage.co.uk https://ift.tt/v5QDkwf

Allianz Commercial boss Ly: 90% of underwriting decisions to be made locally

Allianz Commercial is seeking to de-centralise nine in ten underwriting decisions as it seeks to fulfill its ambition to become the “the easiest insurer to do deal with”. from Insurer - insuranceage.co.uk https://ift.tt/VdJ6eH8

New specialist healthcare and medical malpractice MGA launched

Superian Insurance Group has launched Scious Underwriting, a specialty Lloyd’s coverholder and MGA specialising in healthcare and medical malpractice risks. from Insurer - insuranceage.co.uk https://ift.tt/vu4xw37