Articles by Rosie Simms
Jensten makes third acquisition of the year
Jensten Insurance Brokers has added to its schemes and affinities business with the purchase of Robert Gerrard & Co, an insurance broker specialising in the lift and escalator industry.
Jensten secures £170m boost to fund acquisitions with a sale still anticipated
Jensten has secured over £170m in funding over the past six months to help fund a series of upcoming strategic acquisitions and organic growth initiatives with a sale still on the horizon.
Blog: Does size matter when it comes to complaining about the regulator?
With the Consumer Duty kicking in under a year ago, regulation continues to be at the forefront of everyone’s minds, with the cost of compliance comparably hitting smaller firms the most, argues Rosie Simms.
Hedron CEO Haggart eyes-up offering branded products
Chris Haggart, CEO of Hedron, intends to offer branded products drawing on the strength of the partnership with Broker Insights it entered into last year.
RSA and NIG brands to become one next year but undecided on name
In an update to brokers on the NIG deal, RSA commercial lines managing director Sonya Bryson explained there will still be two sets of products and systems on 1 May, with all remaining the same in the short term.
People Moves: 15 – 19 April 2023
Stay in the loop with the latest insurance personnel moves.
Allianz appoints Ktenidis director of digital trading & ALP as Bryant leaves
Allianz Commercial has named Alex Ktenidis as director of digital trading and Allianz Legal Protection effective immediately, succeeding Helen Bryant.
Three quarters of brokers still concerned about underinsured clients, claims Aviva
According to Aviva’s latest Broker Barometer survey, 73% of brokers are concerned that some of their clients may be underinsured as just 24% of brokers’ clients had increased their sums insured to an adequate level.
Broker Paratus & Partners launches to focus on energy price risks
Paratus has launched its insurance broking division Paratus & Partners which offers energy price risk broking expertise.
Jensten to invest £1m in fledgling brokers through Coversure
Jensten Group will invest up to £1m to help 15 people to start their own brokers this year, with investments made through Coversure.
Cowens appoints Mark Wilson as MD
Midlands-based broker Cowens Group has named Mark Wilson as managing director of its general insurance division.
Allianz hails “milestone” with updated trade credit offering
Allianz Trade UK has refreshed its trade credit insurance product suite.
Biba launches electric car scheme
The British Insurance Brokers’ Association and Novo Insurance have launched a motor insurance scheme tailored for electric cars in the UK market.
Rokstone acquires box at Lloyd’s
Managing general agent Rokstone has taken box 355 located on gallery three at Lloyd’s, in a three year deal.
Broking Success: Weir Insurance managing director Karen Weir
Karen Weir, managing director of Weir Insurance, sees retraining non-insurance talent and retaining control as advantages as her business looks to grow by 15% in 2024.
Seventeen Group makes third acquisition of the year
Seventeen Group has purchased Watford-based Jannard Quadrant Insurance Brokers, which has a total gross written premium amounting to £3.5m.
Sporting Sponsor: Spring Insure Guernsey and rugby on the island
Insurance Age caught up with Nigel Brand, CEO of Spring Insure Guernsey, to find out more about the MGA’s sponsorship of rugby on the island.
People Moves: 8 – 12 April 2024
Keep up to date with the latest personnel moves in insurance.
MyFirst’s James Noble targets £40m GWP after becoming directly authorised
James Noble, CEO and founder of MyFirst, is targeting £40m gross written premiums in 2024 after the business grew from £1.5m GWP to £19m GWP in three years.
Biba responds to FCA’s travel insurance signposting review
The British Insurance Brokers’ Association has welcomed the Financial Conduct Authority’s post implementation review of travel insurance signposting.
Private equity and broking specialist Kirby joins PIB
Richard Kirby has joined PIB Group as chief transformation and integration officer covering the retail, specialty, underwriting and schemes divisions and all international territories as the group expands.
Ardonagh buys SIB Insurance, boosting presence in North West
Ardonagh Advisory has bought commercial broker Southport Insurance Brokers, building its presence in the North West of England.
Acies launches MGA backed by Axa capacity
Acies MGU has launched construction-focused managing general agent Phoenix Specialty with capacity backing from Axa UK.
UK businesses unprepared for incoming Martyn’s Law, warns Gallagher
Research from Gallagher has found just 23% of firms are fully confident they will be able to fulfil the requirements of Martyn’s Law when it comes into force.