Articles by Emmanuel Kenning
Storah promises ‘more to come’ from Aviva on office openings and expansions for brokers
Aviva believes there is “more to go at” with brokers and is weighing up options, having opened in Chelmsford and Southampton along with expanding in Glasgow this year, UK and Ireland general insurance CEO Jason Storah told Insurance Age.
Ecclesiastical grows 11% in half year as UK and Ireland COR tumbles to 84.2%
Ecclesiastical Insurance achieved £18m of underwriting profit on UK and Ireland business in the first half of 2024 as its combined operating ratio improved substantially to 84.2% from 106.6% in the same period of 2023.
Almost half of UK commercial properties underinsured – Gallagher
Research from Gallagher has found that more than four in 10 (46%) commercial properties are underinsured, with the average shortfall being 40%.
Kayzen Specialty rolls out D&O wrap offering
London and regional markets focused managing general agent Kayzen Specialty has launched an add-on for directors’ and officers’ insurance claiming it will provide broader cover protecting individual executives from gaps.
Bspoke adds ex-Barbon boss Tonge in property owners’ build out
Bspoke Group has appointed former Barbon leader Wayne Tonge as managing director of its newly formed property owners division, Bspoke Property Owners.
Das grew 8% with stable COR in 2023 en route Arag deal
Das has posted growing gross written premium to £139.3m in the run-up to being bought by Arag.
Beat launches proRISE targeting SMEs via wholesale brokers
Beat Capital Partners is launching proRISE Insurance Services targeting management and professional liability insurance for SMEs with its products distributed through wholesale brokers.
Bob Pybus named CEO of AUB UK Retail
Industry stalwart Bob Pybus has been appointed CEO of AUB UK Retail, with Tom Wilson leading wholesale broking as CEO of Tysers.
Epoq Legal launches ‘re-imagined’ LEI for businesses
Epoq Legal has unveiled a legal expenses insurance product featuring LegalAde for businesses, in partnership with Temple Legal Protection.
Lloyd’s appoints ex-McKinsey leader Sir Charles Roxburgh as chair
Lloyd’s has named Sir Charles Roxburgh as its next chair to take up the role on 1 May 2025, succeeding Bruce Carnegie-Brown.
QBE opens “benchmark” Leeds office with more broker contact promise
QBE has opened a new office in Leeds making a £3.6m investment in the city for its second largest European site.
Bspoke extends capacity backing with three-year SiriusPoint deal
Bspoke Group has signed a three-year capacity deal with SiriusPoint worth up to £60m in gross written premium in year one.
Ex-Esure, L&G and Direct Line boss Peter Graham joins Markerstudy
Former CEO of Esure Peter Graham has been appointed as non-executive chairman (designate) of Markerstudy Insurance Services.
Ghost broker handed two-year suspended prison sentence
A man who sold invalid insurance policies and tried to take out car insurance for himself by covering up his driving offences and using a fake no-claims discount certificate has been sentenced to two years in prison, suspended for two years.
Broker Insights hones in on £6bn
Broker Insights has confirmed that brokers have uploaded £5.5bn of gross written premium to its Vision platform as it tracks towards hitting £6bn by the end of the year.
Spring Insure gets Bridgehaven capacity
Managing general agent Spring Insure has secured A-rated capacity from Bridgehaven Specialty UK to sit alongside its existing backers as it targets expansion.
Laka buys renewal rights of CoverCloud’s bike portfolio
Insurtech Laka has bought the renewal rights to CoverCloud’s bike portfolio from broker Acumen Insurance Services.
IS2 promises supercharged commercial schemes distribution
IS2 has launched an API enabled hosted pricing solution, staking a claim for a commercial lines schemes first.
Premium Choice pushes beyond £10m in 2023
Personal lines motor specialist broker Premium Choice took turnover up to £10.53m in 2023 having broken through the £10m barrier the year before.
Clare Lebecq exits SRG
Clare Lebecq has stepped down as chief operating officer of Specialist Risk Group, Insurance Age can reveal.
Flock launches insurance for removal fleets
Insurtech Flock has rolled out a motor fleet insurance product for professional removal and storage companies available through brokers and directly.
Markerstudy-bound Hughes posts stable turnover and profit for 2023
Northern Ireland-based broker Hughes, currently in a sales process to Markerstudy Group, maintained post-tax profit at £2m in 2023 with turnover consistent of more than £13m.
Moody’s improves outlook for UK property and casualty insurers to stable
Moody’s has changed its outlook for UK property and casualty insurers to stable from negative, noting prices for personal lines cover, such as motor insurance, have risen sufficiently to absorb claims inflation.
Which? sounds the alarm again on “eye-watering” motor and home insurance interest rates
Research by Which? has revealed the average annual percentage rate for motor insurance on monthly premium finance at 22% and 20% for home policies.