Articles by Emmanuel Kenning
CEO Andrew Behrends to leave Integro at year end
Group CEO of Integro Group Holdings Andrew Behrends is leaving the company on 31 December for personal and family reasons, the business has confirmed.
Ardonagh snaps up Aviva international brokers director Graeme MacMillan
The Ardonagh Group has appointed Graeme MacMillan as CEO of product and distribution management within Ardonagh Portfolio Solutions joining from Aviva.
Auto Windscreens rolls out programme to help staff offset CO2
Auto Windscreens has launched drop-in sessions to support staff to offset their personal motoring and transport CO2 footprints through British Petroleum’s Target Neutral programme.
Selling Ardonagh to a public company would be a failure, says Ross
Ardonagh CEO David Ross has asserted the business's commitment to independence and revealed that while the firm’s court case victory over Gallagher did not come as a surprise the episode left him “a little bit heartbroken and incredibly sad”.
Ross: Ardonagh ready and able to strike deals in 2020
Ardonagh Group has a list of 146 potential acquisitions, which it reviews at a fortnightly investment committee, according to CEO David Ross.
Aviva targets 3% COR improvement by 2022
Aviva is targeting a general insurance combined operating ratio of 93%-95% by 2022, according to general insurance CEO Colm Holmes.
Ardonagh posts record organic growth as losses for first nine months of 2019 hit £67.7m
Ardonagh has posted a loss of £67.7m for the first nine months of 2019, up from £48.9m in the same period of last year.
Aviva changes a slow burn story, say analysts
Aviva’s strategic update brought no “major announcements regarding the shape of the group” and “no real significant changes,” according to analysts.
Aviva targets 20% premium growth by 2022
Aviva CEO Maurice Tulloch has revealed that the insurer is targeting a 20% increase in general insurance premiums by 2022.
Analysis: Ageas and Tesco joint venture labelled success with separation on horizon
Experts have predicted an increase in partnerships in the insurance industry but do not see another joint venture on the horizon, as Tesco gears up to buy out Ageas' share of their Tesco Underwriting joint venture.
Thousands of Alpha latent defect policyholders yet to submit FSCS claims
The Financial Services Compensation Scheme has called on “thousands” of Alpha Insurance latent defect policyholders to submit their premium refund claims to the portal on the Danish insurer's website.
Allianz to hold talks with Saracens after club accepts punishment
Saracens and primary sponsor Allianz are to hold discussions after the rugby club opted against appealing the £5.36m fine and 35 point penalty imposed for failing to disclose payments to players and breaching a salary cap.
Marsh Commercial closing four offices
Marsh Commercial is closing offices in Northampton, Newmarket, New Malden and Leeds.
Atlanta takes Karen Hogg from Sainsbury’s as COO
Former Axa and Kwik Fit leader Karen Hogg is returning to broking as chief operating officer of Atlanta Group, Post can reveal.
GRP buys Gauntlet Insurance Services
Global Risk Partners has bought London-based private client specialist broker Gauntlet Insurance Services for an undisclosed sum.
TMK recruits Matthew Shaw from Chubb as chief underwriting officer
Tokio Marine Kiln has appointed Matthew Shaw as chief underwriting officer.
Gallagher boss Simon Matson apologises for 'insensitive comments'
Simon Matson, UK CEO of Gallagher, pictured, has said sorry for the “insensitive comments” he made which came to light in the staff and business poaching court case the firm lost to Ardonagh this October.
Pen Underwriting promotes Michelle Bree to COO
Pen Underwriting has promoted Michelle Bree from director of operations to chief operating officer, effective 1 December.
UK composite insurance pricing surges 12% in Q3, says Marsh
Insurance pricing in the third quarter of 2019 surged by 11.8% year on year in the UK driven by increases in property as well as financial and professional liability lines, according to research by Marsh.
Plan Group targets top 50 with Pedal Cover Plus buy
Plan Group has bought Kingswood Insurance Brokers, the owner of Pedal Cover Plus, as it targets becoming a top 50 independent broker within five years.
Eldon intending to rebrand as Somerset Bridge
Arron Banks' Eldon Insurance Services is planning to rebrand as Somerset Bridge by the end of the year, Post can reveal.
Iprism group restructures with holding co pre-pack administration
Bowmark Capital-backed Iprism Underwriting Agency has completed a group restructuring including a pre-pack administration of its holding company for £329,300, writing off tens of millions of debt.
Ogden rate, large losses and claims inflation knock Allianz UK COR in Q3
Allianz reported operating profit of £100m for the year to date in its Q3 results, with its combined operating ratio slipping to 96.5% from 95.7% at the half year.
Aviva appoints Jan-Hendrik Erasmus as CRO
Aviva has appointed Jan-Hendrik Erasmus as chief risk officer, joining from Netherlands-headquartered financial services firm NN Group.