Articles by Emmanuel Kenning
Axa XL reveals raft of leadership appointments for UK and Lloyd’s
Axa XL has unveiled a series of UK and Lloyd’s leadership appointments following the implementation of its latest insurance operating model on 1 October.
UK General posts £8.3m operating loss and confirms business line exits
UK General Insurance lost £7.9m after tax in the year ended 31 March 2019, reversing a £838,582 profit the year before.
Carl Shuker hails growth potential as A-Plan buys Ingenie from Watchstone
A-Plan Group has struck its first deal since being bought by Hyperion snapping up telematics specialist Ingenie.
Allianz appoints Graham Stait as head of claims operations
Allianz Insurance has promoted Graham Stait to head of claims operations following the departure of Jeremy Trott to Ecclesiastical, Post can reveal.
NHBC launches inaugural apprenticeship scheme
NHBC, a warranty and insurance provider for new homes in the UK, has become an Education and Skills Funding Agency-approved provider of apprenticeships and launched its first apprenticeship scheme aimed at developing the next generation of house building…
Interview: Ardonagh MGA boss Derek Coles
Ardonagh’s CEO of MGA Binders and Facilities Derek Coles spoke to Post senior reporter Emmanuel Kenning about being subscale in Ardonagh, MGAs' need for differentiation, the Rural buy and future acquisition targets.
James Gearey named personal lines and protection MD at Covéa
Covéa Insurance has appointed James Gearey to the newly created position of managing director for personal lines and protection.
Mike Keating keen to grow insurer member levels at MGAA
Recently appointed managing director of the Managing General Agents’ Association Mike Keating has set out his vision for the association with growth of insurer partners high on the agenda.
Towergate website remains down as Ardonagh confirms cyber incident
Ardonagh is taking “remedial action” having been hit by a cyber incident, the group confirmed just after Gallagher also reported being attacked by hackers.
Allianz sponsors women’s top-flight rugby in England as Saracens deal ends
Allianz Insurance has become the title partner of top-flight women’s domestic rugby in England with the competition rebranded as Allianz Premier 15s starting on 10 October.
Watchstone opens legal claim process against KPMG
Watchstone, formerly known as Quindell, has filed a claim against KPMG in the High Court believed to be related to the accountant’s 2013 audit of the business, which previously led to a £4.5m fine for KPMG and a public reprimand from the Financial…
Nigel Phillips targets CDL growth as digital moves into 'new era'
Technological advancements mean the insurance industry is moving into a new era of digital, CDL CEO Nigel Phillips told Post as he set out that the software specialist is targeting further growth under his leadership.
NFU Mutual names Nick Turner CEO with Lindsay Sinclair set to retire
Lindsay Sinclair will retire at the end of March 2021 after more than 12 years as NFU Mutual group CEO with Nick Turner succeeding him in the post, the insurer has confirmed.
AIG appoints Julie Chalmers as GI head of UK and EMEA claims
AIG has swooped for Chubb’s claims director for Europe, Eurasia and Africa, Julie Chalmers as its head of UK and EMEA claims for general insurance.
Phillips named CEO at CDL and co-founder Tom Hogg steps down as chairman
CDL has promoted commercial director Nigel Phillips to the CEO role with Gary Johnson moving across to be chairman as co-founder Tom Hogg steps down.
Ardonagh strikes deal for Lloyd Latchford
Ardonagh is buying specialist retail broker Lloyd Latchford Group for £15.3m, Post can reveal.
HG to own 20% of Hyperion as investment boosts ‘war chest’ to $1.5bn
When the transaction for HG to invest in Hyperion closes the private equity firm will hold “just over 20%” of the business, CEO David Howden told Post.
Ex-Axa boss Paul Evans named Allianz Insurance and LV GI chairman
Paul Evans, former UK and group CEO at Axa, has been appointed as non-executive chairman of Allianz Holdings.
Hyperion valued at $5bn as former A-Plan owner HG invests days after sale
Private equity firm HG has invested in Howden-owner Hyperion in a deal that puts a $5bn (£3.9bn) enterprise value on the insurance group.
Ardonagh to sell Bennetts after CMA ruling
Ardonagh has offered to sell motorcycle specialist Bennetts to address the concerns of the Competition and Markets Authority and avoid a “long, burdensome and expensive phase two enquiry”.
Refinancing costs bite as Ardonagh losses more than double and income drops
Ardonagh has reported a post-tax loss of £94.1m for the first six months of 2020 more than double the £41.8m deficit in the same period of last year.
AIG’s Anthony Baldwin steps up as IIL president
Anthony Baldwin, CEO of AIG UK has been elected as president of the Insurance Institute of London for 2020 to 2021.
Government hits out at insurers over grant deductions from BI claims
John Glen MP, economic secretary to HM Treasury, has rebuked insurers deducting government grants from business interruption claims payments and warned of further action.
FCA defends predicted £1.06bn dual pricing compliance cost
The Financial Conduct Authority has estimated it will cost the insurance sector £1.06bn over 10 years to comply with its package of measures designed to tackle dual pricing in the general insurance market.