Insurance Wiki How

Clear Group has set a £500m gross written premium target for the next couple of years after it achieved its £300m goal snapping up Centor. from Insurer - insuranceage.co.uk https://ift.tt/xfeuCtm

Policy Expert’s capacity deal of up to £2bn over six years with Accredited Insurance will replace its existing arrangement with QIC Europe when the current contract expires, the business has confirmed to Insurance Age. from Insurer - insuranceage.co.uk https://ift.tt/qGjLtWd

Keep up-to-date with the latest job changes in insurance. from Insurer - insuranceage.co.uk https://ift.tt/4KB7gZ3

The regional real estate market is in rude health, with six in 10 brokers (56%) reporting growth over the past 12 months, and one in six (16%) reporting significant growth, according to Ecclesiastical. from Insurer - insuranceage.co.uk https://ift.tt/v3qtNJn

Canopius has named Sarah Willmont as UK CEO as it reorganised its global underwriting operations into four areas of specialty, short tail, reinsurance and casualty. from Insurer - insuranceage.co.uk https://ift.tt/Qtm7PSH

The British Insurance Brokers' Association has welcomed the Financial Services Compensation Scheme's decision to lower the broker levy from £68m to £5m for 2022/23. from Insurer - insuranceage.co.uk https://ift.tt/5anOCX6

Keep up-to-date with the latest job changes in insurance. from Insurer - insuranceage.co.uk https://ift.tt/iYxRcZo

The Financial Conduct Authority has written to brokers warning there are significant risks of potential harm that both the market and individual firms need to address and that it will take action where needed. from Insurer - insuranceage.co.uk https://ift.tt/EHc5I13

UK general insurers could face at least a 50% increase in average annualised losses in a non additional action on climate change scenario, a report by the Bank of England has detailed. from Insurer - insuranceage.co.uk https://ift.tt/SVo9fwt

R&Q has detailed plans to raise $108m (£85.8m) as the proposed takeover by Brickell fell through. from Insurer - insuranceage.co.uk https://ift.tt/VhGvFKP

Randall & Quilter has revealed that Brickell has cited a “material breach” and moved to scrap the proposed takeover. from Insurer - insuranceage.co.uk https://ift.tt/5Gze1w2

Home and motor insurtech Policy Expert has agreed a six-year capacity deal with A- rated R&Q subsidiary Accredited Insurance (Europe). from Insurer - insuranceage.co.uk https://ift.tt/aCmsDRg

HDI Global and HDI Global Specialty’s UK and Ireland branches have been brought under a common leadership structure for the first time. from Insurer - insuranceage.co.uk https://ift.tt/07HxVC3

Matthew Pyke has become a non-executive director for SEIB, which is owned by Ecclesiastical. Lloyd & Whyte is 20% owned by the insurer. from Insurer - insuranceage.co.uk https://ift.tt/4yrdjwk

MS Amlin Underwriting has partnered with insurtech Altelium to launch a battery energy storage system construction all risk and operational all risk insurance solution. from Insurer - insuranceage.co.uk https://ift.tt/e7PXLIG

R&Q has postponed the shareholder vote on being bought by Brickell until 25 May. from Insurer - insuranceage.co.uk https://ift.tt/lVj9hgF

Aviva has opened exclusive negotiations with specialist managing general agent Azur Underwriting to buy its high net worth personal lines business in the UK and Ireland. from Insurer - insuranceage.co.uk https://ift.tt/BGX6WFU

Zurich Insurance Group has agreed to sell its Russian business to 11 members of the unit’s team. from Insurer - insuranceage.co.uk https://ift.tt/pzwqX4F

RSA has promoted Karl Helgesen to chief operating officer with Louisa Leonard becoming managing director for personal lines to replace Kay Martin who is retiring. from Insurer - insuranceage.co.uk https://ift.tt/fxSelnb

Gallagher will rebrand Coleman Marine as Gallagher on 30 May. from Insurer - insuranceage.co.uk https://ift.tt/SLhqsxK

Michael Gove, the Secretary of State for Levelling Up, Housing and Communities and Minister for Intergovernmental Relations has pledged to reduce premiums for leaseholders amid the Financial Conduct Authority’s study into the market. from Insurer - insuranceage.co.uk https://ift.tt/hHzVOeW

Aviva has posted a 4% rise in UK gross written premiums for the first quarter of 2022 to £1.24bn but a deteriorating combined operating ratio of 99.4%. from Insurer - insuranceage.co.uk https://ift.tt/32z4wuh

Aviva has added a net 20 new underwriters to its underwriting team in the regions, chief distribution officer Gareth Hemming told Insurance Age. from Insurer - insuranceage.co.uk https://ift.tt/2agOvUT

A suite of football clubs including Arsenal, Aston Villa, Brighton & Hove Albion, Leicester, Liverpool, Tottenham and West Ham have filed a claim in the commercial court against Allianz, Aviva, CNA, Liberty, MS Amlin and Zurich. from Insurer - insuranceage.co.uk https://ift.tt/d3nZk2u

The Chartered Insurance Institute of Burnley and Blackburn is to close its doors, Insurance Age can reveal. from Insurer - insuranceage.co.uk https://ift.tt/DGeBvbI

The Financial Conduct Authority has issued an alert that fraudsters are claiming to be Allianz Global Corporate and Speciality SE, the European Economic Area authorised firm. from Insurer - insuranceage.co.uk https://ift.tt/fpiZcYq

Karen Jackman, regional distribution director, has decided to leave Aviva after a career spanning 31 years and the insurer has also recruited Ryan Birbeck as regional broker director, Insurance Age can reveal. from Insurer - insuranceage.co.uk https://ift.tt/YMjfR1K

The average price paid in the UK for buildings insurance in the first quarter of the year dropped by 7% compared to Q1 2021 with contents insurance down 11%, according to the latest Household Insurance Premium Tracker from the Association of British Insurers. from Insurer - insuranceage.co.uk https://ift.tt/rbLSR1K

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. from Insurer - insuranceage.co.uk https://ift.tt/b1ACmwi

Allianz is exploring options for Home & Legacy which could include a sale with high net worth not being seen as a core strategy for the current owners, Insurance Age can reveal. from Insurer - insuranceage.co.uk https://ift.tt/EOdQDHg

Acrisure is forming a network and its application to the Financial Conduct Authority is “going in now”, president of UK retail Mark McIlquham, has revealed. from Insurer - insuranceage.co.uk https://ift.tt/kwbvKP9

Specialist legal expenses provider Coral Insurance, backed by Allianz, began trading this week with the aim of making LEI a “valued, must have” for UK consumers and targeting 15% of the market. from Insurer - insuranceage.co.uk https://ift.tt/u4dTC8g

Sheldon Mills, executive director – consumers and competition at the Financial Conduct Authority, has stressed to brokers that the watchdog does not want to be a price regulator. from Insurer - insuranceage.co.uk https://ift.tt/Ea3cWAZ

The Aviva CEO responded to a story which showed that Aviva chairman, George Culmer, chided shareholders for inappropriate comments about Blanc and female board members at a recent AGM. from Insurer - insuranceage.co.uk https://ift.tt/kzmXiR6

Meet our pet of the month, learn about the industry's charity endeavours and take a look at the lighter side of insurance from Insurer - insuranceage.co.uk https://ift.tt/ZVU0Lua

The British Insurance Brokers Association has teamed up with Coverdrone to offer its members access to drone insurance products. from Insurer - insuranceage.co.uk https://ift.tt/TtkeZOp

Investec Premium Finance focuses on providing funding for commercial insurance policies and accommodating personal lines, all offered via regulated insurance brokers. from Insurer - insuranceage.co.uk https://ift.tt/p4ZiLYe

The Lloyd’s wholesale broker has entered a binding agreement to be bought by AUB. from Insurer - insuranceage.co.uk https://ift.tt/rJwTjVa

Family run business, Strathtay Insurance Brokers, has been bought by Perth-headquartered GS Group. from Insurer - insuranceage.co.uk https://ift.tt/UqvCu1P

Coplus has targeted brokers as it launched a go-to-market platform claiming it cuts the time needed to develop ancillary products to three months. from Insurer - insuranceage.co.uk https://ift.tt/y6hqM7g

Keep up-to-date with the top personnel stories on Insurance Age. from Insurer - insuranceage.co.uk https://ift.tt/glO127s

Landmark Underwriting has revealed its first two deals after raising debt financing through SME lender BOOST&Co. from Insurer - insuranceage.co.uk https://ift.tt/LcG51Eq

Axa UK’s Gary Head explains why the formula must be right to achieve long-term success from Insurer - insuranceage.co.uk https://ift.tt/tpGFrVB

Manchester Underwriting Management has grown to just south of £70m gross written premium since being bought by Gallagher-owned Pen Underwriting, CEO Charles Manchester told Insurance Age. from Insurer - insuranceage.co.uk https://ift.tt/lKbjJq4

QBE has launched a contractors combined product targeting the evolving needs of middle market construction customers. from Insurer - insuranceage.co.uk https://ift.tt/OFrYhoi

Markerstudy Group has completed the purchase of BGL Insurance announcing that regulatory approval for change of control was received in April. from Insurer - insuranceage.co.uk https://ift.tt/inf3Ugu