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Showing posts from June, 2023

Larger brokers help drive 139% turnover boost at Winn Group

Winn Group has posted 139% turnover growth for the year ended 31 March 2023, driven by its increasing traction with larger brokers. from Insurer - insuranceage.co.uk https://ift.tt/5RombkM

Up-for-sale capacity provider Accrediteds profits soar despite group loss

Accredited, one of the major capacity providers to managing general agents in the UK, has reported a 76% rise in gross written premium to $1.8bn (£1.42bn) in 2022.  from Insurer - insuranceage.co.uk https://ift.tt/1c9nB3Q

FCA orders DLG to compensate any customers short-changed on total loss motor claims

The Financial Conduct Authority has ordered Direct Line Group to compensate any customers who have been short-changed on settlements for their written-off vehicles. from Insurer - insuranceage.co.uk https://ift.tt/mOUu6Sg

New insurtech aims to revolutionise non-standard motor broking

A new insurtech named Kwoter aims to ‘revolutionise’ insurance broking in non-standard risks. from Insurer - insuranceage.co.uk https://ift.tt/YaQTp3w

Arch names Starkie as Manchester branch manager

Arch Insurance’s UK regional division has appointed Janine Starkie as branch manager in Manchester with immediate effect. from Insurer - insuranceage.co.uk https://ift.tt/lQL8dFZ

Allianz promotes Nick Hobbs to UK chief distribution officer

Allianz has appointed Nick Hobbs as chief distribution officer for Allianz Commercial in the UK, Insurance Age can reveal. from Insurer - insuranceage.co.uk https://ift.tt/bqVJ2Sv

A moral commitment - Aon and Lloyd's partner to help Ukraine

Aon and Lloyd's have partnered with an insurer to support Ukraine firms and ‘restore well-being' to the war-ravaged nation.  from Insurer - insuranceage.co.uk https://ift.tt/8leC1RQ

Saga reveals fall in broking policy sales

Over-50s specialist Saga has reported a 7% drop in home and motor insurance policy sales in its broking division despite customer retention ticking up from 83% to 85%. from Insurer - insuranceage.co.uk https://ift.tt/EpJc7lV

Aviva leader Blanc and Marsh McLennan UK boss Lay detail top risks facing UK firms

Aviva CEO Amanda Blanc and Marsh McLennan UK CEO Chris Lay have detailed the top risks facing UK firms. from Insurer - insuranceage.co.uk https://ift.tt/0o8EHar

Blog: Homing in on high-net-worth claims

Quality service, especially when for claims, should not be lost in any efficiency drive when it comes to expansion in the high-net-worth space, warns Simon Loerns, director of specialist services at Woodgate & Clark loss adjusters. from Insurer - insuranceage.co.uk https://ift.tt/3VWiXQY

Adrian Furness leaving Covéa and Georges de Macedo named CEO

Georges de Macedo has been named CEO of Covéa Insurance with immediate effect succeeding Adrian Furness who is leaving the business, the insurer has confirmed. from Insurer - insuranceage.co.uk https://ift.tt/0tnuMxp

Liberty Mutual keeps Hughes in near 2bn assets sale to Generali

Liberty Mutual Insurance has held on to Northern Ireland-based broker Hughes Insurance as it struck a deal to sell its personal lines and small commercial operations in Western Europe to Generali for €2.3bn (£1.97bn). from Insurer - insuranceage.co.uk https://ift.tt/S8jRIpl

Meet the MGA: Inperio

After applying for a holiday job, Inperio director Simon Lovat began a career in insurance and rose through the ranks of the industry. He now runs a successful managing general agency and a number of businesses that sit alongside it. He gives his tips on how to make it in the challenging, but rewarding, MGA space. from Insurer - insuranceage.co.uk https://ift.tt/xuH5PXE

Brokers can no longer rely on insurer pipeline to win war for talent

Brokers need to build their own pipeline of staff to win the war for talent because insurers are not going to do it for them anymore. from Insurer - insuranceage.co.uk https://ift.tt/x6UNpc5

Broker Insights grows its base at £25m per month

Broker Insights is adding around four brokers to its client base, and expanding its reach by £25m each month, its CEO Fraser Edmond told Insurance Age. from Insurer - insuranceage.co.uk https://ift.tt/cMKzp5P

Serge Raffard to succeed Steve Treloar as Allianz personal lines leader

Allianz Holdings has appointed Serge Raffard as personal managing director, following the recent news that Steve Treloar has decided to leave the business to pursue new opportunities. from Insurer - insuranceage.co.uk https://ift.tt/NEXOTB8

Chaucer starts CEO search as Fowle steps down

John Fowle will step down as group CEO of Chaucer on 30 June, the insurer has confirmed. from Insurer - insuranceage.co.uk https://ift.tt/UcgSq6o

Jensten Underwriting launches technology product

Jensten Underwriting has partnered with Hiscox to launch a product for brokers working with the technology sector. from Insurer - insuranceage.co.uk https://ift.tt/H7P9BUJ

Tokio Marine Kiln targets cyber growth with new division

Tokio Marine Kiln has set up a stand-alone cyber and enterprise risk division as part of its effort to expand its presence in the cyber market. from Insurer - insuranceage.co.uk https://ift.tt/BpqzMCt

Bronek Masojada joins Scott Egan at SiriusPoint as chair

SiriusPoint has appointed former Hiscox boss Bronek Masojada as chair of the board of directors, teaming up with ex-RSA leader Scott Egan. from Insurer - insuranceage.co.uk https://ift.tt/ij9zYoa

People Moves: 30 May – 2 June 2023

Stay in the loop with the latest personnel moves in insurance. from Insurer - insuranceage.co.uk https://ift.tt/Ug0OB7b