Market Moves: Ace, Bluefin, LV and Charles Taylor Insurance make new hires

Men shaking hands

It was honours even between the insurer and the broking sectors this week, with Ace once again leading the way for insurers with a couple of key hires.

Among brokers, Bluefin unveiled its latest recruitment swoop with the appointment of a new business development executive to its Bristol office. Elsewhere, LV boosted its commercial distribution

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Building Back Better at Chelsea Flower Show

Flood Re’s Build Back Better scheme is being used to not only fund internal flood resilience changes but also adaptations to outside space and gardens in the quest to stop and reduce flood waters entering properties, explains Stephen Linklater, claims director of Ageas.

Insurers face margin crush unless premiums are hiked

Data analysis: A sustainable margin recovery looks increasingly challenging for insurers with premiums needing to increase in real terms to prevent any erosion after a tripling of costs to 10.9% of premiums last year from 3.5% in 2022.

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