Broker
Insurtech investment up 89% in Q2; Flock completes series A raise; McLarens takes team from Crawford; Zurich arm expands into UK
Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Ardonagh hires former Ireland rugby captain Best
Ardonagh has appointed former Ireland rugby captain Rory Best as director of development.
Intelligence: From the Wild, Wild West to the big five – a potted history of the broker software market
From police raids to junkets to Iceland, across being chased out of broker offices, legal spats, team lifts and more the history of the broking software sector is not short of incidents. Emmanuel Kenning met with a selection of the founders, movers and…
Case: Refusal to compromise client and colleague priorities behind merger cancellation
Aon CEO Greg Case has stressed in a letter to clients that the broker was confident of winning the US Department of Justice court case as he laid out the reasons for walking away from the Willis Towers Watson deal.
GRP deal for WTW NI business still on after mega-merger collapse
Global Risk Partners has confirmed to Post that its agreement with Willis Towers Watson to buy WTW’s commercial risk and broking business in Northern Ireland will still go ahead despite the cancellation of the WTW-Aon merger.
Aon share price soars as WTW and Gallagher’s dip after mega-deal termination
Aon’s share price rose as its mega-merger with Willis Towers Watson was terminated, while its deal partner and rival Gallagher’s fell.
LV’s Michael Lawrence on the importance of investing in digital for the future
Michael Lawrence, distribution and underwriting director at LV Broker, looks at the lessons learned during the pandemic as brokers and insurers continued to serve customers and how firms will need to continue to test themselves and adapt in a hybrid…
Conor Brennan to lead acquisition vehicle Ardonagh Europe
The Ardonagh Group has made Conor Brennan CEO of Ardonagh Europe as it prepares to take its buy-and-build model to the continent.
Aon-WTW merger cancelled after DOJ legal impasse
Aon and Willis Towers Watson have ended their merger plans, citing the “impasse” with the US Department of Justice.
Trade Voice: MGAA's Mike Keating charts the course ahead for MGAs
Managing general agents' relative nimbleness, which served them well during the pandemic, as well as clever use of data are the keys for the sector moving forwards as insurers shift their expectations with the hardening market, says Managing General…
WTW sells Irish arm to GRP; motor premiums hit five year low; Questgates acquires two firms and LV tops new customer experience report
Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Best Insurance Employer shortlists revealed ahead of 2021 British Insurance Awards
Earlier this year Insurance Post canvassed the opinions of thousands of insurance employees by way of the second annual Best Insurance Employer Survey.
Neil Utley and Matthew Donaldson take directorships at Markerstudy business Venus
Former BGL boss Matthew Donaldson and ex-Hastings chairman Neil Utley have taken on directorships in a Markerstudy company, Post can reveal.
Marsh’s Edel Ryan on whether a government backed scheme will be the X Factor for live events
With normality beginning to make a return and the government having rolled out ‘Freedom Day’ on 19 July Edel Ryan, head of strategic business development, UK and Ireland for sport, entertainment and media industry at Marsh, asks if we can expect the come…
View from the Top video: Climate, catastrophe and insurance – understanding and preparing for the next major systemic risk
In this exclusive interview recorded as part of the Insurance Post Live Annual Conference 2021 and sponsored by Verisk, Emma Karhan discussed what steps insurers can take to protect the economy and society from the next big systemic risk.
View from the Top video: Supporting SMEs post Covid-19: the role of insurers and brokers
In this exclusive interview recorded as part of the Insurance Post Live Annual Conference 2021 Neil Galjaard, divisional managing director, Markel talks about the huge negativity around Covid-19 claims in the mainstream press.
AR consultation prompts stifling innovation concerns
A Financial Conduct Authority consultation on appointed representatives will tackle firms "circumventing" requirements, compliance consultants told Post, though concerns have been raised around barriers to entry and innovation.
IGI sets up European subsidiary; Ardonagh establishes Irish data hub; Howden launches climate risk arm; Swiss Re backs BP EV trial
Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Blog: A time for the insurance sector to aim higher
With the end of the Covid pandemic edging closer, now is the time for the insurance industry to put its weight behind societal and environmental change, argues Peter Mansfield, RPC partner.
FCA pledges more accountability after recent parliamentary criticism
The Financial Conduct Authority committed to becoming a more ‘innovative, adaptive and assertive regulator’ as it published its annual business plan.
Somerset Bridge Group posts loss but rising Ebitda ahead of sale
Somerset Bridge Group has reported a loss after tax of £42.4m for the year ended 31 December 2020 ahead of being snapped up by Bermuda reinsurer Arch Re.
European Commission approves Aon/WTW merger on condition of divestitures
The European Commission has approved Aon’s $30m (£22m) takeover of Willis Towers Watson, on the condition that parts of WTW’s business are divested.
Hopwood hails 'major coup' as Zurich joins Hedron’s panel
Zurich Insurance has joined the panel of Global Risk Partners-owned network Hedron, Post can reveal.
View from the Top video: Aston Lark group CEO Peter Blanc
In this exclusive interview recorded as part of the Insurance Post Live Annual Conference 2021 Peter Blanc, group CEO of Aston Lark, shares his thoughts on how recent trends have impacted insurance in the UK.