Broker
Over half of Lloyd’s MGAs have under resourced teams
The majority of Lloyd’s managing agents are struggling with a lack of resources in their delegated authority teams.
Marsh's White replaces Agnew as LIIBA chair
Roy White, chairman of UK specialties at Marsh, has been named as chair of the London and International Insurance Brokers’ Association.
Analysis: Passing up on passporting
What next after the UK ruled out maintaining passporting within the European Union?
Hiscox's Masojada named PPL chair
Hiscox CEO Bronek Masojada has been named chair of the London market’s electronic placing platform, Placing Platform Limited.
Gosden retires as Higos chairman two months into role
Ian Gosden is to retire as chairman of Higos two months into the role and step down from the business on Friday.
Lloyd’s confirms electronic placement mandate
Members of the Lloyd’s market must process 30% of risks electronically by the end of the year, following a mandate from the Lloyd’s Board and Council.
Biba signs deal to gain post-Brexit EU access
UK brokers will be granted an introduction to European brokers in order to continue to write business across the Channel, under a deal announced by the British Insurance Brokers’ Association.
Aston Lark’s Peter Blanc on the M&A courtship
For a merger or acquisition to work, both sides need to get to know each other and have a post-deal plan, explains Peter Blanc, CEO of Aston Lark.
Blog: How brokers can convince schools to buy cyber coverage
With less than one in three UK schools covered by cyber insurance, Faith Parish, education director at Ecclesiastical, explains how brokers can encourage take-up.
Broker Network makes fifth ‘powerhouse’ acquisition
Broker Network has bought a West Sussex commercial broker with turnover of £2.9m.
This week in Post: Claims, costs and closures
This week I was lucky enough to climb on the top of a lift with one of Allianz’s engineer surveyors and take a trip up and down a building.
Aston Lark buys masonic broker Ingram Hawkins & Nock
Aston Lark has bought specialist broker Ingram Hawkins & Nock in a deal that will add £10m of premium to the group.
Aviva hires LV and Zurich bosses in commercial growth plan
Exclusive: David Carey and Mark Campbell have left Zurich and LV respectively to join Aviva, as the company bolsters its commercial business.
MCE to pull out of Ireland following ‘incredibly disappointing’ loss of passporting
MCE Insurance will cease writing business in the Republic of Ireland from next year as a result of a loss of passporting from Brexit.
UK General launches cyber personal lines product
UK General has launched a personal lines cyber insurance product to cover loss from cyber bullying, defamation and insured data held on smart devices.
Loss adjusting and insurtech gains fail to stem Charles Taylor profit decline at full year
Well-publicised gains in Charles Taylor’s loss adjusting and insurtech arms saw revenues jump 25% in 2017 but failed to push the insurance services provider to profit.
Motor premiums climbed by over 10% in 2017
Premiums for all types of motor insurance increased in Q4 2017.
Saffron acquires Hertford-based broker Continuum
Broker Network-owned Saffron Insurance has acquired Hertford business insurance broker Continuum.
Former Integro bosses to launch London market platform for Beach
Former Integro bosses John Sutton and Toby Humphreys have been appointed to lead a specialty and wholesale platform at broker Beach.
Insurance blockchain pilot to become a company
Exclusive: B3i, the blockchain pilot involving 38 insurance companies, is to move from being a consortium to being an incorporated legal entity following its period of market testing.
Interview: Andy Homer, former Towergate CEO
Industry veteran Andy Homer talks to Ryan Hewlett about life after Towergate, the insurtech world and why Brexit represents an open door for the canny Angel investor.
GRP hires Clive Nathan as CEO of MGA division
Global Risk Partners has appointed Clive Nathan as CEO of the group’s managing general agent division.
Channel, Canopius and LSM join forces on trade credit platform
The Channel Syndicate and Canopius will join Liberty Specialty Markets in forming a consortium to provide capacity for Toredo, an online platform for single situation trade credit insurance.
Theresa May says UK will abandon passporting post Brexit
Prime Minister Theresa May said the UK will abandon passporting when it leaves the European Union.