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Showing posts from July, 2023

Abacai CEO Mark Wilson resigns as director as DLG/M&A speculation ramps up

A trio of co-founders at private equity-backed insurtech Abacai Technologies, including former Aviva Group CEO Mark Wilson, have resigned as directors, Insurance Age can reveal. from Insurer - insuranceage.co.uk https://ift.tt/2YEvqcr

People Moves: 24 – 28 July 2023

Stay in the loop with the latest insurance personnel moves. from Insurer - insuranceage.co.uk https://ift.tt/4WIhYw2

Foley confirms Fleming as interim Axa Retail boss

Soon to be Axa UK & Ireland CEO Tara Foley has revealed the appointment of her successor naming Anna Fleming as interim Axa Retail CEO. from Insurer - insuranceage.co.uk https://ift.tt/VCbDq3s

Aviva buys Barclays’ home insurance book

Aviva has signed up to buy Barclays UK’s 350,000 strong home insurance portfolio. from Insurer - insuranceage.co.uk https://ift.tt/IV219lw

People Moves: 17 – 21 July 2023

Keep up to date with the latest insurance personnel moves. from Insurer - insuranceage.co.uk https://ift.tt/DIdHnBG

Tara Foley to succeed Gienal as Axa UK & Ireland CEO

Axa has appointed Tara Foley as UK & Ireland CEO, succeeding Claudio Gienal. from Insurer - insuranceage.co.uk https://ift.tt/i56B32l

Flood Re policy numbers grow to more than 265,000

Mutual reinsurer Flood Re covered 265,826 policies in the year to 31 March 2023 – a 3.6% rise on the previous 12 months. from Insurer - insuranceage.co.uk https://ift.tt/ApDGwlP

Arag Group strikes deal for Das UK

Arag Group has signed up to buy Das UK, subject to regulatory approval, in a move that would create a near £200m gross written premium legal expenses business. from Insurer - insuranceage.co.uk https://ift.tt/REuTsOW

Opinion: SLAPP legislation changes and the insurance industry

Judges in the UK have been given powers to dismiss lawsuits, labelled by the UK government as intended to curtail the freedom of speech of journalists, at an early stage. Joe Wornham, senior technical underwriter – media liability at CNA Hardy, analyses the insurance implications of this new legislation and the impact on the UK broker community. from Insurer - insuranceage.co.uk https://ift.tt/OCWVFP5

New fronting firm to help flush capacity into UK commercial specialty MGAs

A new private-equity backed fronting firm has won approval from the the Prudential Regulatory Authority to start business. from Insurer - insuranceage.co.uk https://ift.tt/2UY175N

Jacqui Kelly steps up at Zurich as Michelle Taylor heads to Aviva

Zurich has confirmed that Jacqui Kelly, head of strategic accounts, will take on the role of head of sales and distribution on an interim basis succeeding Aviva-bound Michelle Taylor. from Insurer - insuranceage.co.uk https://ift.tt/zCdKfLN

Aviva adds Michelle Taylor from Zurich amid commercial lines and distribution restructure

Aviva has recruited Michelle Taylor from Zurich as it unveiled new structures for its commercial lines business, consisting of SME, Global Corporate and Specialty and distribution. from Insurer - insuranceage.co.uk https://ift.tt/FdSKjNC

Hector succeeds Callan to lead on commercial at Covéa

Keith Hector has been named as commercial team leader at Covéa, succeeding Carolyn Callan. from Insurer - insuranceage.co.uk https://ift.tt/dxJ4F21

CDL eyeing international expansion in next 12 months

CDL has looked at Australia, Canada, Latin America and Europe as it plans to grow with partners across the world, CEO Nigel Phillips told Insurance Age. from Insurer - insuranceage.co.uk https://ift.tt/bmwVRfI

Zurich UK CEO Bailey takes over as ABI president

Tim Bailey, UK CEO at Zurich, is the new president of the Association of British Insurers. from Insurer - insuranceage.co.uk https://ift.tt/RcZsHMD

FCA cracking down on home and motor insurers

The Financial Conduct Authority has warned insurers about the support provided to struggling customers. from Insurer - insuranceage.co.uk https://ift.tt/fILpomv