High net worth (HNW)
Moyes chooses Momentum for start-up
Terry Moyes, who quit Oval to start his own broker business, has signed up with the Momentum network, run by former Oval boss Howard Pepper.
Penny Black’s insurance week
Penny was impressed to learn Zurich’s commercial broking team is gearing up for a 1000-mile charity bike ride from Land’s End to John O’Groats.
Zurich targets top spot for high net worth
Zurich has unveiled its ambition to become the number one player in the high net worth market in the next three years and hopes broker support will mean it can take on Hiscox and Chubb.
JLT aims to be top Italian broker with Marine & Aviation acquisition
Jardine Lloyd Thompson Group has signed heads of agreement to combine its existing Italian broking business Jardine Lloyd Thompson SpA. with the business of Marine & Aviation SpA.
RK Harrison set to buy MWA
Mercury West Associates has accepted an offer to be acquired by employee-owned insurance and reinsurance broker RK Harrison Group.
Aqua replaces Sterling for Biba HNW
The British Insurance Brokers’ Association is to dump high net worth insurer Sterling after 15 years as its preferred supplier and appoint a recently launched broker-only HNW underwriter.
Home & Legacy in broker push
High net worth underwriting agency Home & Legacy has announced ambitious expansion plans on the back of slicker technology and a six-month 2.5% boost in commission paid to brokers.
Bruce Stevenson boosts private clients
Scottish broker Bruce Stevenson has promoted Mark Richards, the former managing director of auction house Bonhams, to be director of its private clients team raising the importance of high net worth business.
So, what exactly does a high net worth fraudster look like?
Arrogance, financial pressure and criminal activity are the major motivators of a high-net-worth fraudster, Sterling Insurance has revealed.
Ecclesiastical’s ex-copper finds Firle vases
Hiring former Scotland Yard art and antiques chief Dick Ellis has paid off for Ecclesiastical - with the recovery of £1.3m worth of items stolen from Firle Place in West Sussex.
Ellis Clowes opens Banbury office
Lloyd's insurance broker Ellis Clowes has opened its second office in Banbury.
MYI CEO targets more acquisitions after sealing double deal in a week
McLarens Young International has underlined a period of rapid global expansion with the acquisition of a US-based SME claims adjusting firm, just days after announcing its commitment to the aviation sector.
Sterling unveils new adjusting panel
Sterling Insurance has named Davies, VRS Vericlaim and Questgates to its new-look loss adjusting panel.
RBSI partners with Coutts
Royal Bank of Scotland Insurance has landed its first affinity partnership with private bank and wealth manager, Coutts, following the launch of Select from Direct Line this year.
Interview - Jon Hancock: Getting under the skin
As UK commercial managing director for RSA, Jon Hancock is on a mission to find out what brokers really think of the insurer
Economic uncertainty boosts HNW business
Stock market crashes and market uncertainties are moving high net worth customers from stocks and shares to more tangible assets, boosting business for HNW insurers.
Broking - travel: Tailored travel
Brokers are struggling to keep pace in the travel insurance market, as aggregators take an ever-increasing share of the sector. Callum Brodie investigates the future of intermediaries in this highly competitive arena.
Essex broker rebuffed by Qmetric over Primo name - Insurance News Now
Post senior reporter Amy Ellis outlines this week's major general insurance stories which include an Essex based insurance broker lodging a formal complaint against Qmetric for using the Primo trading title which it claims was its brand name first.
Market update - High net worth: Time to raise rates in HNW?
Rates in the high net worth market are failing to reflect the risks posed, despite high claims costs. Chinwe Akomah reports on a sector that is starting to come under pressure to deliver results.
Chubb poaches from Hiscox for HNW
Chubb Insurance has poached Kate Gower as senior underwriter from Hiscox’s art and private clients division where she was senior development underwriter.
Interview - A&A Group: A constantly evolving company
Starting as a two-man operation in a house in Twickenham, A&A Group has grown exponentially since its humble beginnings. Jonathan Swift talks to Tony Allen and Steve McPherson about keeping pace with changes in the market.
Auction insurance offered as hammer comes down
Commercial property insurance broker Cadogan Keelan Westall is to attend Network Auctions’ National Auction Room in Hatfield so it can put items bought under the hammer on cover as soon as they have been purchased.
Fraud - Household: Opportunity knocks
Household fraud is on the rise according to insurers. Callum Brodie attempts to find out why and what the industry can do to prevent it.
Editor's comment: All action, no talk
Mergers & acquisitions have definitely dominated the insurance headlines this week. Nothing unusual in that — except, for once, it's been more a case of all action and little talk, rather than the reverse, as is so typically the case. But it also remains…