Market Moves: Broking sector has quiet week apart from a new COO role created at BMS

Commuters

The recruitment merry-go-round produced a mixed bag of hires this week, with Covéa taking a lead role on behalf of insurers. The broking sector, usually a hive of market hiring activity, threw up little of note – although BMS Group proved the exception to the rule by appointing a new COO. Elsewhere, the managing general agent arena recorded hires at Arista and Ascot.

• Among insurers, marine specialist Skuld has appointed David Farr as a hull underwriter within its Syndicate 1897 at Lloyd’s. Farr will assist the team of Mike Bennett, Deepa Nathvani and Laura Dent

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Q&A: Aviva’s Ryan Birbeck and Michael Yabantu

Aviva’s Michael Yabantu, managing director of mid-market, and Ryan Birbeck, broker and client development director, sit down with Insurance Post to talk about the internal changes Aviva has made to make access easier for brokers, what product lines it hopes to explore over the next 12 months, and why the London Market is a “key area” for growth in 2024.

Price of tower block insurance finally slashed

Insurance premiums for leaseholders waiting for combustible material to be removed from their blocks of flats could plummet by up to two thirds following the launch of the Association of British Insurers’ Fire Safety Reinsurance Scheme today (13 March), according to Axa.

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