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Showing posts from May, 2025

Ex-RSA boss Lee Mooney named Markel UK MD as Neil Galjaard steps down

Neil Galjaard, managing director of Markel UK, will step down with Lee Mooney taking up the job towards the end of June, subject to regulatory approval. from Insurer - insuranceage.co.uk https://ift.tt/TNCyp8W

People Moves: 27 – 30 May 2025

Stay in the loop with the latest insurance personnel moves. from Insurer - insuranceage.co.uk https://ift.tt/fn3ZHLy

Rokstone launches international casualty division

Managing general agent Rokstone has launched an international casualty division, recruiting again from Convex to lead the new offering. from Insurer - insuranceage.co.uk https://ift.tt/G6skKiU

National brokers lead the way on climate guidance with regional firms lagging

Two-thirds of regional and provincial brokers do not provide any climate-related guidance to clients, according to research by Ecclesiastical, while the same amount (65%) of national brokers do so, Insurance Age can reveal. from Insurer - insuranceage.co.uk https://ift.tt/5ukL1QX

Meet the MGA: Arkel

Chief underwriting officer Kris Lee outlines why data and people are key to Arkel’s success, none more than recent recruits Matthew Donaldson and Steve Lewis, and how its ‘dream team’ will take it to new heights in a ‘pivotal’ 2025 as it aims to become a multi-line, digitally led £100m MGA. from Insurer - insuranceage.co.uk https://ift.tt/lt4uBnz

Ageas’ Middle and Beckett on staying strong with broker growth ambitions amid deals

Ageas’ plans are “as strong as ever” when it comes to broker growth and the ongoing deals will not be a distraction, its bosses have promised the sector as they flagged home insurance expansion as a key priority. from Insurer - insuranceage.co.uk https://ift.tt/4FMUiSu

Zurich appoints youngest ever regional head

Georgina Davis has been appointed head of regional market for the Midlands, South West and Wales at Zurich, succeeding Stephen Davis who is leaving for a new role at another business. from Insurer - insuranceage.co.uk https://ift.tt/7hYLes0

Axa bosses Walker and Zweibrucker on growing with brokers in commercial and retail

The commercial and retail divisions of Axa Insurance in the UK are growing, the respective CEOs have confirmed, outlining plans to expand with brokers over the rest of the year and beyond. from Insurer - insuranceage.co.uk https://ift.tt/xnv9wbq

People Moves: 19 – 23 May 2025

Keep up to date with the latest personnel moves in insurance. from Insurer - insuranceage.co.uk https://ift.tt/C86MagY

Analysis: Is the era of offshore capacity over, or is it poised for a comeback?

High profile casualties such as Gibraltar-based Enterprise Insurance Company (2016), and Danish providers Alpha (2018) and Gefion (2021) meant offshore capacity came under scrutiny at the end of the last decade. Today there appears to be less noise about similar players which begs the question are these overseas carriers no longer a factor? Or are they on the comeback trail? Saxon East investigates. from Insurer - insuranceage.co.uk https://ift.tt/7qZY1Qr

Aviva’s Yabantu: Consistency of strategy needed in mid-market

Michael Yabantu, head of mid-market at Aviva, highlights the need for consistency in mid-market underwriting strategy, and shares how the insurer is improving response times and refreshing products. from Insurer - insuranceage.co.uk https://ift.tt/fcPInsr

QBE’s Fitzgerald on doubling in the regions, and what comes next

In the past three years, QBE has doubled its gross written premium in the regions and is not taking its “foot off the growth”, UK regions director Andy Fitzgerald tells Insurance Age, promising consistency for brokers. from Insurer - insuranceage.co.uk https://ift.tt/ED2Q8Ie

Staying one-step ahead in HNW with Aviva’s transformation – Owen

“We are always making sure we want to be one step ahead,” Ann Owen, managing director of Aviva Private Clients, told Insurance Age as the provider refreshed its product suite with the launch of Refine Home. from Insurer - insuranceage.co.uk https://ift.tt/q8yJ5gV

Zurich CEO Jaksic hails speed of broker service as key in softening market

The need for speed when it comes to broker service has been exacerbated in the softening commercial market, according to Zurich UK CEO Drazen Jaksic. from Insurer - insuranceage.co.uk https://ift.tt/ErL04DI

Peach grows in 2024 as NPAI moves back into profit

Peach, a trading style of NPA Insurance, grew net premiums by 70% in 2024 as it ceded less business to reinsurance. from Insurer - insuranceage.co.uk https://ift.tt/DXLipgv

Hemming: Hiscox hungry for more schemes business in any area bar motor

Gareth Hemming, Hiscox chief distribution officer, has set his sights on high net worth, and told Insurance Age a quartet of “significant schemes” are on the way in the next three to four months. from Insurer - insuranceage.co.uk https://ift.tt/B9uEhZt

Accelerant boss Radke on 30% MGA growth and enabling brokers to “monetise every opportunity”

Risk exchange platform and capacity provider Accelerant is aiming to support managing general agent members with 30% growth over the next 12 months, CEO Jeff Radke told Insurance Age. from Insurer - insuranceage.co.uk https://ift.tt/XmZBFyD

Brokers stress the importance of claims support when choosing an MGA

Brokers have emphasised the importance of A-rated claims support when choosing a managing general agent (89%), according to research by MGA Corin Underwriting. from Insurer - insuranceage.co.uk https://ift.tt/N0iMhQA

Downey on getting Pen to £1.75bn by 2030

Having hit its goal of £1bn gross written premium a year early in 2024, Pen Underwriting has set its sights on £1.75bn by 2030. CEO Tom Downey tells Insurance Age about the strategy of organic growth, product development and acquisitions now in place to reach the milestone. from Insurer - insuranceage.co.uk https://ift.tt/9JxqLCa

People Moves: 12 – 16 May 2025

Follow the latest personnel moves in insurance. from Insurer - insuranceage.co.uk https://ift.tt/3aPr6Cs

Biba 2025: Insurance sector cautious on AI declining claims or determining liability

Artificial intelligence is going to have a greater role to play in claims, including larger ones, even if the insurance sector has reservations about it being used to decline claims and determine liability. from Insurer - insuranceage.co.uk https://ift.tt/a37d6vy

Aviva grows UK GWP 11% and trims COR in Q1

Aviva grew UK gross written premiums by 11% in the first quarter of 2025 compared with the same period of last year reaching £1.85bn. from Insurer - insuranceage.co.uk https://ift.tt/qlQwYjh

Biba 2025: Mike Keating on unrated due diligence

Mike Keating, CEO of Managing General Agents’ Association, analyses how due diligence on unrated capacity should work both ways – from broker to MGA and MGA to broker respectively. from Insurer - insuranceage.co.uk https://ift.tt/dFSTQ1L

Biba 2025: Allianz to sell pet insurance through brokers

Allianz is planning to enter the broker pet insurance market, Insurance Age can reveal. from Insurer - insuranceage.co.uk https://ift.tt/o8RUEjC

Meet the MGA: Shape Underwriting

Mandy Hunt, managing director of Shape Underwriting, explains the logic behind rebranding the Clear MGA business; outlines its holistic approach to acquisitions; and pinpoints the importance of recruiting staff  who understand collaboration, integrity and honesty. from Insurer - insuranceage.co.uk https://ift.tt/aIk3Udx

Biba seeks insurer meetings after publishing disclosure advice

The British Insurance Brokers’ Association has launched cross industry guidance that it hopes will reduce misunderstandings over what should have been disclosed when cover was taken out - which in some cases will cause a claim to be repudiated or reduced. from Insurer - insuranceage.co.uk https://ift.tt/AroTJMq

Interview: Duncan Pritchard, CEO of Commercial Express

Last year Commercial Express garnered extensive attention from the broker community with its slew of eye-catching product launches, CEO Duncan Pritchard tells Insurance Age about the growth of the business and what is coming next. from Insurer - insuranceage.co.uk https://ift.tt/7FtcZnP

Blog: How can the industry maintain Biba fever in the new era?

Heading into another Biba conference there will be some similarities compared to previous years but with changes in the market through large deals, what can brokers expect as the trade body hails a new era? Rosie Simms shares her thoughts. from Insurer - insuranceage.co.uk https://ift.tt/Mz7DU58

Commercial Express to add Axa and Carbon capacity as it unveils MGU plan

Managing general agent Commercial Express has signed capacity deals with Axa and Carbon Underwriting, Insurance Age can reveal, as it progresses to become a managing general underwriter and targets doubling in size. from Insurer - insuranceage.co.uk https://ift.tt/BY9eci2

Brokers closed Q1 with optimism on growth at five-year high – Aviva

Brokers’ optimism for growth reached its highest level in the past five years this March, according to Aviva’s Broker Barometer research. from Insurer - insuranceage.co.uk https://ift.tt/2dtz5jC

Q&A: Andy Talbot on Arag’s transformation

Ahead of the 2025 British Insurance Brokers' Association Conference, Andy Talbot, director of broker, ATE & marketing, tells Insurance Age about the feedback from brokers, technology upgrades, and how Arag is positioning itself as a smarter, stronger business for the future. from Insurer - insuranceage.co.uk https://ift.tt/2hxQLwU

Ex-Aviva boss Tiernan named new CEO at Lloyd’s

Patrick Tiernan has landed the top job at Lloyd’s being promoted to CEO, the marketplace has confirmed. from Insurer - insuranceage.co.uk https://ift.tt/qVZApL8

Markel launches clinical trials product

Markel Insurance has launched a clinical trials insurance product, which it stated has been designed to support research and product development on an international scale. from Insurer - insuranceage.co.uk https://ift.tt/AwVgtTR

Direct Commercial rolls out larger commercial vehicles product on Acturis

Direct Commercial has launched Haul In One Truck IHP on the Acturis platform, extending the availability of its Haul In One proposition to include larger commercial vehicles and staking a claim for an industry first. from Insurer - insuranceage.co.uk https://ift.tt/iCTSOIF

Zurich to launch network trading branch for mid-market in Q3

Zurich is building a mid-market business servicing centre for network members to go live in the third quarter, Insurance Age can reveal. from Insurer - insuranceage.co.uk https://ift.tt/RiCarvZ

Biba 2025 Countdown: Aurora’s Tom Willmore

With the 2025 British Insurance Brokers’ Association conference only just over a week away Tom Willmore, broker distribution lead at Aurora, offers up offers useful tips to keep delegates moving and well fed with pies, as well as why the mantra ‘quality over quantity’ remains key to getting the best out of the event. from Insurer - insuranceage.co.uk https://ift.tt/S3ZKbac

Interview: Mike Crane, SME & Specialty director at Axa Commercial

In his first interview since starting at Axa Commercial as SME and specialty director this January, Mike Crane tells Insurance Age about his key message to brokers at the upcoming Biba Conference, what he has found at his new home and his plans for the future. from Insurer - insuranceage.co.uk https://ift.tt/vHtr3l9

Premium finance costs ease ahead of FCA report

The cost of home and motor premium finance has fallen in the past six months, according to research by Pearson Ham. from Insurer - insuranceage.co.uk https://ift.tt/FPjmiL8

TMHCCI names Thibaud Hervy as CEO

Tokio Marine HCC International has appointed Thibaud Hervy as CEO, following Barry Cook taking on the deputy CEO role at the wider TMHCC group. from Insurer - insuranceage.co.uk https://ift.tt/GnQDFVz

People Moves: 28 April – 2 May 2025

Keep up to date with the latest insurance industry personnel moves. from Insurer - insuranceage.co.uk https://ift.tt/8UXFEZx

Markel becomes Biba partner

The British Insurance Brokers’ Association has welcomed Markel as an official partner. from Insurer - insuranceage.co.uk https://ift.tt/Gm2bt80

Schemes and HNW help drive Q1 premium growth at Hiscox

Hiscox has hailed “very strong” schemes growth and double-digit expansion in art and private client business as the UK retail arm posted a 4.4% premium rise in the first quarter of 2025. from Insurer - insuranceage.co.uk https://ift.tt/gz72hUK