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Keep up to date with the latest insurance industry personnel moves. from Insurer - insuranceage.co.uk https://ift.tt/mMsFA6d

Experts from Peel Hunt have labelled Aviva’s 250p per share approach for Direct Line as a “reasonable offer” adding there is “scope to sweeten the bid to 260-265p”. from Insurer - insuranceage.co.uk https://ift.tt/DU7Zz3Q

Aviva has revealed it has become the second insurer to publicly bid for Direct Line Group this year, with an offer worth £3.3bn. from Insurer - insuranceage.co.uk https://ift.tt/dDK9Fjc

The number of car and motorcycle insurance complaints to the Financial Ombudsman Service in the second quarter of 2024/25 dropped compared to the same period a year ago however the sector has remained in the top five. from Insurer - insuranceage.co.uk https://ift.tt/6alUHA2

What is driving brokers’ decisions on which markets they use? While once it was insurers holding the aces, it now appears the boot is on the other foot, finds Rachel Gordon from Insurer - insuranceage.co.uk https://ift.tt/R6pvs9Y

Landmark Underwriting has been acquired by Bishop Street Underwriters, a US-based MGA consolidator and incubator backed by RedBird Capital Partners. from Insurer - insuranceage.co.uk https://ift.tt/Jrzqa4O

Insurance experts in Leeds are confident in the region’s prospects as competition for talent ramps up, reporter Rosie Simms discovers in her review of the Yorkshire city. from Insurer - insuranceage.co.uk https://ift.tt/HkzWK2Q

Follow the latest insurance personnel moves. from Insurer - insuranceage.co.uk https://ift.tt/hdzxaM7

Allianz Commercial managing director UK Nadia Côté has left the insurer to join RSA as CEO Europe. from Insurer - insuranceage.co.uk https://ift.tt/Jv2M41q

Kayzen Specialty founder and CEO Charles Boorman explains to Jonathan Swift his plans for the MGA to be a go-to market for financial lines through continuous improvement across its three pillars of broker-centric, underwriter-fronted and tech-focused. from Insurer - insuranceage.co.uk https://ift.tt/KrvwA4P

Managing general agent Rising Edge has released a policy endorsement for its Employment Practices Liability Insurance, in move it said was in response to new UK employment laws. from Insurer - insuranceage.co.uk https://ift.tt/zQrvJOh

i-Wonder, provider of niche insurance comparison website solutions, has confirmed the adoption of its offering for the UK fast food delivery sector by “one of” the UK’s main aggregators, Insurance Age can reveal. from Insurer - insuranceage.co.uk https://ift.tt/QkcdAK4

Managing general agent Carrow Insurance, led by Ronan Conboy, has launched targeting warranty, accident and health and income & payment protection products through a network of broker and distribution partners. from Insurer - insuranceage.co.uk https://ift.tt/2DE3iX0

RSA has today launched a professional indemnity product aimed at climate professionals. from Insurer - insuranceage.co.uk https://ift.tt/mvqlPkJ

Steve Watson, managing director of UK specialty lines at RSA has left the insurer. from Insurer - insuranceage.co.uk https://ift.tt/bNLkuGQ

Drive Further Collective, owners of Financial & Legal, has restructured several of its leadership roles following the decision by managing director Karen Beales to retire from her executive position and move to a non-executive capacity at the end of October. from Insurer - insuranceage.co.uk https://ift.tt/UDCboO8

In a House of Lords Financial Services Regulation Committee evidence session earlier today, Financial Conduct Authority CEO Nikhil Rathi said no decision will be made on its investigation transparency proposals consultation until early next year. from Insurer - insuranceage.co.uk https://ift.tt/bI1R34x

Brokers would be relaxed if the RSA brand fell by the wayside, and have said that service remains a much more important factor in terms of their relationship with parent Intact going forward. from Insurer - insuranceage.co.uk https://ift.tt/v8gUwsZ

The average motor insurance premium fell by 2% in July to September to £612, according to the latest data from the Association of British Insurers, the second consecutive quarterly drop. from Insurer - insuranceage.co.uk https://ift.tt/Ve5P9xI

EY has released improved premium income forecasts for UK non-life insurers but maintained its view of slowing growth in 2024, 2025 and 2026. from Insurer - insuranceage.co.uk https://ift.tt/3NhCDTS

Direct Line Group has started consultations with staff as part of a proposed reduction of around 550 roles, it announced today. from Insurer - insuranceage.co.uk https://ift.tt/kgcBaSb

Following the High Net Worth Forum, which was held on the 7th November in London, Insurance Age content director Jonathan Swift caught up with sponsor Hiscox’s head of art and private clients Robert Read, to discuss the state of the market. from Insurer - insuranceage.co.uk https://ift.tt/gHXzr5Z

If a recent court ruling on motor finance litigation is upheld and spreads to premium finance Close Brothers could suffer a £250m hit, equity analysts RBC Capital Markets have warned. from Insurer - insuranceage.co.uk https://ift.tt/Rl2KB4C

Keep up to date with the latest insurance industry personnel moves. from Insurer - insuranceage.co.uk https://ift.tt/0EemO2j

Hiscox has revealed 4.5% growth in written premiums to £504.2m for the first nine months of 2024 as it topped over half a million customers. from Insurer - insuranceage.co.uk https://ift.tt/YQGZafJ

Managing general agent Commercial Express has joined Open GI’s commercial panel, the software specialists have confirmed. from Insurer - insuranceage.co.uk https://ift.tt/cMVgBIN

Bspoke Group has teamed up with Hood Group to underwrite the Top 100 Broker and affinity insurance provider’s household portfolio. from Insurer - insuranceage.co.uk https://ift.tt/izK3o2h

Michael Lawrence, previously broker distribution and underwriting director at LV, has joined Grove & Dean taking on the same job title, Insurance Age can reveal. from Insurer - insuranceage.co.uk https://ift.tt/47r3sTv

Specialist Risk Group has announced the acquisition of reinsurance firm NW Re. from Insurer - insuranceage.co.uk https://ift.tt/Kv6mWIG

Antares Global Management, formerly known as QIC Global, has rolled out a restructure of its underwriting operations with a new retail division to back managing general agents and a commercial division. from Insurer - insuranceage.co.uk https://ift.tt/tuVroQE

Professional indemnity-focused managing general agent Kova Professions has entered a capacity agreement with Hadron, the specialty insurance carrier rated A- by AM Best. from Insurer - insuranceage.co.uk https://ift.tt/Pl82z1m

Brokers should urge businesses to take steps to manage the risks that lithium-ion batteries can present, according to guidance from Aviva. from Insurer - insuranceage.co.uk https://ift.tt/JxDRvIA

Addept Insurance Services has sealed a capacity deal with The Salvation Army General Insurance Corporation for the firm’s new dedicated tenant pet damage protection insurance for landlords, called Not for Lions. from Insurer - insuranceage.co.uk https://ift.tt/0JV7k1I