Broker
Ageas’ AI fraud tool; Clear’s Wycombe partnership; Moonrock’s COO
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Broker stress reaches five-year high
Broker stress has risen to the highest level since 2019, according to research from Ecclesiastical.
Markerstudy’s Barnard on the continued importance of Lloyd’s
View from the Top: Joe Barnard, director of group sales and business development at Markerstudy, highlights Lloyd’s’ adaptability, strong reputation and talent as key to facing future challenges.
Big interview: Michael Rea, Gallagher UK
Having taken on the Gallagher UK CEO role at the start of the year, Micheal Rea talks to Jonathan Swift about breaking the £1bn revenue barrier, the benefits of scale, putting M&A on hold and why the market is in transition in terms of rates.
60 Seconds With... Specialist Risk’s Michael Grimwood
Michael Grimwood, development executive for indemnities at Specialist Risk Insurance Solutions and chair of the SRG NextCo, is hangry and if he had a time machine would like to go back to early 1990s Ibiza.
Diary of an Insurer: Gallagher’s Elaine Lennox
Elaine Lennox, regional managing director for the Midlands at Gallagher, goes back and forth between Leicester and Birmingham, checks in with the cyber insurance special interest group and manages to download over dinner.
Gallagher’s Rea bemoans ‘basic’ service remains a differentiator
Such has been the drop in service standards among insurers, anyone offering “the bare minimum” might stand out in the current market, according to the CEO of the UK’s largest insurance broker, Gallagher.
Aviva to roll out ‘transparent’ broker portal
Aviva’s MD for commercial and chief distribution officer, David Martin has revealed to Insurance Post that, in November, the insurer will be rolling out a new broker portal.
Q&A: John Dunn, Brokerbility
After more than 18 months into his role as MD of Brokerbility, John Dunn catches up with Insurance Post to discuss bring clarity to the networks, refreshing tired shcemes, and how he hopes to help partners and members "outperform the market"
Gallagher promotes Collings to chief broking officer
Gallagher has promoted Simon Collings to the role of chief broking officer, reporting to Michael Rea, CEO of Gallagher in the UK.
Aon increases insurance service brokerage to 5%
Multiple sources have told Insurance Post that Aon has increased its rate of insurance service brokerage to 5%.
Spotlight: Emerging risks in the property sector
The property sector faces a number of long-established risks from storms and floods to subsidence and fires. However, new risks are emerging all the time and the insurance industry must make sure customers are aware and are prepared to face them. Tim…
Spotlight: UK businesses brace for evolving claims risks
It’s not just a rise in extreme weather events that is contributing to the claims tally for UK businesses. Tim Evershed explores the gaps in insurance cover in the workplace
SSP Broker’s Majeed on raising diverse talent through the ranks
Nazia Majeed, head of project and service delivery at SSP Broker, observes she remains the minority in a leadership role in insurance and outlines action needed to get more diverse talent to the top of the sector.
Video Q&A: Arch Insurance’s Steve Bashford and Mike Bottle
Following its recent success at the British Insurance Awards where it was crowned Broker Partner of the Year, Insurance Post caught up with Arch Insurance to discuss its success.
Biba calls for larger SMEs to be exempt from Consumer Duty rules
The British Insurance Brokers’ Association has called for larger SME commercial customers to be removed from the scope of the Consumer Duty requirements.
Aon’s head of UK terrorism Richard Sawyer passes away
Richard ‘Dickie’ Sawyer, Aon’s UK head of terrorism, has died at age 47.
Claims service continues to improve
The trend of overall improvement in claims service seen in the UK market continued in the second quarter of 2024.
Government uncertain on Martyn’s Law’s insurance implications
Martyn’s Law, which will require public venues to boost their preparedness for terrorist attacks, has finally been introduced to parliament.
How to enter a new line of business
How brokers can unlock growth potential by entering new lines of business is the topic of the latest Insurance Post Top Tips video starring Emma Drouineau, sales associate at Cyber Cube.
Biba’s Chapman on the enduring power of events
Trade Voice: Emma Chapman, the British Insurance Brokers’ Association’s conference director, considers the persistent importance of face-to-face events to the industry in the Zoom age.
Aon UK names Kemp as head of commercial risk
Rob Kemp has been appointed as Aon’s new head of commercial risk for the UK, stepping into the role UK CEO Jane Kielty had left vacant.
Brokerbility targets member GWP growth of 20%
Brokerbility MD John Dunn says that while members are on average growing at about 16% per year, he wants growth to hit 20%.
Q&A: Theo Duchen, Acturis
Theo Duchen, co-CEO and co-founder of Acturis, discusses Astorg’s increased stake in the company, how best to implement artificial intelligence, and why he thinks his business is well placed to take on rivals in the US and Canada.