Broker
Ageas' Ant Middle on why the industry shouldn't focus on 'doom bingo'
It's pretty easy to generate a list of challenges facing the insurance sector in 2019 but Ant Middle, chief customer officer at Ageas, believes insurers should be looking to creating new opportunities instead.
Analysis: Jumping into 2019
2019 is sure to be mostly about Brexit but, as Sam Barrett explains, there will be other challenges and opportunities for insurers as well
Lloyd's mandates brokers move to electronic placement alongside new targets
Lloyd’s has confirmed electronic placement targets for the first half of 2019, alongside a new mandate that all Lloyd’s brokers will be required to connect to a recognised electronic placement platform by 1 June 2019.
Updated: Mass leadership reshuffle to follow Marsh/JLT acquisition
Global broker Marsh has unveiled a ream of senior people moves, effective once the JLT deal has completed.
Abbey Insurance owners acquire fellow Northern Ireland broker Autoline
Prestige Insurance Holdings, which owns Northern Irish personal lines broker Abbey Insurance, has reached an agreement to acquire Autoline Insurance.
CMA unveils raft of recommended reforms as insurance slammed over pricing practices
The Competition and Markets Authority has ‘uncovered a range of problems’ around the loyalty penalty and made several recommendations for change in its damning response to a super complaint on pricing practices, but some feel that insurers are catching…
British Insurance Awards: 25 glorious years: Industry figures reflect on their experiences
Next year the British Insurance Awards will be held for the 25th time. To celebrate the silver anniversary of the most prestigious event in the insurance calendar, a host of BIA regulars recount where they were when the awards were first unveiled and…
Loss-making GRP spent £112.6m on acquisitions over its last financial year
Broking group GRP made a loss of £20m for the financial year ended 31 March 2018, in a year that saw it acquire fifteen businesses.
Mike Bruce promoted to GRP group managing director
GRP CEO of broking, Mike Bruce has been promoted to group managing director.
Hiscox's James Brady on why cyber knowledge remains a barrier
James Brady, head of cyber at Hiscox UK & Ireland, urges the sector to use heightened awareness of cyber risks into positive action.
This week: God bless us, every one!
At a time of year when good cheer to all men is encouraged and Scrooge is forgiven all his wicked ways and most of the world has been out enjoying their Christmas parties (I know we have), it appears the insurance world is still seen as the Grinch.
Marsh boss joins GRP-backed Marshall Wooldridge
Former Marsh regional boss Geoff Kirk has joined GRP-backed Marshall Wooldridge as managing director.
Trade Voice: Biba's Steve White on why we need to be mindful about mental health
In years gone by no one spoke about mental health issues but now, as well as being aware of the issues, employers have moral responsibility to address it according to Steve White, CEO of the British Insurance Brokers' Association.
Finch and ICB owner on acquisition trail with sight set on €500m revenue by 2022
Adelaide, the owner of Finch and ICB Group, is looking to acquisitive growth as it aims to increase its revenue across Europe by 150% by 2022.
Travel insurtech Pluto begins beta test
Exclusive: Pluto, a travel insurtech that morphed out of the failure of chatbot Meet Mia, has started beta testing ahead of a full launch next year.
Majority of customers support a ban on dual pricing
Eight out of ten customers believe there should be a ban on insurers charging higher rates for renewals than for new customers.
O’Connor replaces Fairchild at the helm of Broker Network
Broker Network CEO Andy Fairchild has stepped down from the business, being replaced by Des O’Connor.
GRP’s Craig Pocock on SMCR
GRP’s chief people officer Craig Pocock explains why it’s important for brokers to plan for the new Senior Managers and Certification Regime.
Stackhouse Poland makes fourth acquisition of the year
Stackhouse Poland has continued its acquisition drive by buying specialist real estate broker Property Insurance Initiatives.
Hyperion hires CFO to replace Oliver Corbett
Hyperion has hired Richard Houghton as chief financial officer, replacing Oliver Corbett.
Ed unveils CEO Hearn’s replacement and plots Bermuda office
Andrew Draycott will take on the role of Ed Broking CEO once its acquisition by Besso owner BGC Partners is complete, while the specialty, wholesale and reinsurance broker has also revealed plans to open a Bermuda office.
Gallagher acquires South West commercial broker
Gallagher has acquired Devon-based commercial insurance broker Pavey Group, in its fourth acquisition of the year.
Brightside winds up lawsuits under Brendan McCafferty
Brightside had been battling for payouts from two legal claims, but is no longer engaged in any litigation under CEO Brendan McCafferty.
Blog: Why it’s time for standardised cyber policy terms
Cyber attacks are on the rise and as brokers and risk managers urge insurers to make policies clearer Cyber Decider CEO Neil Hare Brown explains where definitions need simplifying.