Articles by Tom Luckham
Slight dip reported in number of brokers actively recruiting
Nearly three quarters of brokers are currently recruiting for new employees, according to Aviva’s latest Broker Barometer.
Beazley leaning on data-driven underwriting in soft market
Beazley is increasingly pushing a data-driven underwriting approach for SME cyber cover in order to maintain discipline in a soft market.
Tokio Marine could deploy $10bn in M&A over next 18 months
Brad Irick, managing executive officer and co-head of international business at Tokio Marine Holdings, has said the business can deploy $10bn (£7.4bn) in M&A transactions over the next 18 months.
BPL to launch reinsurance division
Credit and political risk broker BPL is set to launch a dedicated reinsurance division, BPL Re, Insurance Post can reveal.
Intact looking at re-entering cyber market in 2027
Intact Insurance is ‘having a look’ at its cyber insurance strategy, and is considering returning to the market in 2027, Insurance Post can reveal.
Hiscox sees ‘plenty of headroom’ for growth
Hiscox sees “plenty of headroom” for growth across specialist sectors as it pushes to achieve 8% retail growth in 2026, according to chief distribution officer Gareth Hemming.
'Categorically’ no plans for AI job cuts at Aviva
Aviva currently does not expect to reduce headcount in its commercial business as it scales its artificial intelligence operations, according to director of innovation Jason Chambers.
Allianz shifts commercial replatforming timeline
The previously announced commercial replatforming of Allianz Commercial’s product suite has had its timeframe readjusted, according to UK markets director Graham Stait.
Industry welcomes fresh Financial Services Bill
The insurance industry has reacted following the introduction of the Enhancing Financial Services Bill introduced in the King’s Speech yesterday (13 May.)
Regulator interest gives MGAs ‘competitive advantage’
Heightened regulatory interest in the MGA sector could actually help the sector grow, according to Pen Underwriting CEO Tom Downey.
Climate and Union activists protest at Biba conference
Activists from both Extinction Rebellion Manchester and Unite the Union have staged protests at the British Insurance Brokers' Association Conference in Manchester.
Burnham drops out of Biba keynote
Mayor of Greater Manchester Andy Burnham has officially dropped out of his planned appearance at the British Insurance Brokers’ Association Conference this week.
Soft cyber market eroding underwriting discipline
A soft cyber insurance market is leading underwriters to not interrogate clients too heavily lest they lose business, according to Dual UK’s senior cyber underwriter Scott Davies.
QBE targeting £2.5bn UK GWP by 2030
QBE is aiming to grow its UK business to £2.5bn gross written premium by 2030, according to QBE’s UK casualty director Adrian Browne.
Insurers must get data in order to maximise AI potential
Insurers must ensure that their respective data strategies are up to scratch before they can take advantage of AI commercially, according to Dun & Bradstreet’s head of insurance.
Final Dive In festival to tackle balance between humans and AI
The final iteration of the Lloyd’s of London diversity and inclusion festival has been announced, with the theme taking aim at retaining crucial human elements alongside artificial intelligence adoption.
Wakam refocuses growth plans on MGA collaboration
Wakam has announced it is moving to act as a "strategic partner" for MGAs as it pushes on with its UK growth plans.
Industry reacts as Renters’ Rights Act becomes law
As the Renters’ Rights Act comes into force, insurers could be facing a more formal, dispute-driven rental market, with an added focus on legal expenses, rent protection and pet cover.
Customer retention key to broker growth priorities
The majority of brokers expect their business to grow in the next year, according to Aviva’s latest broker barometer.
Nick Hobbs to depart Allianz Commercial
Nick Hobbs, chief distribution officer for Allianz Commercial, is to step down from his role at the business after 25 years with Allianz, the insurer has announced.
Insurance ERGs pivot towards data amid AI bias risks
Insurers are shifting employee resource groups towards data, collaboration and commercial value, while some in the industry warn of AI internal bias risks.
JMG Group hits £500m GWP
JMG Group has hit £500m GWP, and the broker is now taking aim at achieving £1bn by 2031.
Consumer trust and claims satisfaction rates on the rise
Both trust and claims satisfaction rates among insurance customers are on the rise, according to new data from Fairer Finance.
AIG completes CEO transition plan
Eric Andersen will become president and CEO of AIG on 1 June 2026, the insurer has announced.