Articles by Sophie Locke-Cooper
Hiscox launches broker extranet
Hiscox has launched a broker extranet claiming it is the first full cycle digital trading extranet built by an insurer that supports integration into brokers’ Acturis back office.
MGAA edges closer to membership milestone
The Managing General Agents’ Association’s CEO Mike Keating has revealed that the trade body is close to surpassing 200 full members in the next couple of months.
Jensten Group snaps up schemes broker Darwin Clayton
Jensten Group has bought schemes broker Darwin Clayton for an undisclosed amount.
Fleet specialist Flock secures $38m in funding
London-based insurtech Flock has raised $38m (£31.7m) in series B funding led by Octopus Ventures.
Survey reveals pay concerns and potential further job-market churn
A survey by recruitment consultants Reed has revealed that a fifth of employees in insurance and financial services are actively seeking new job opportunities, and more than a third are considering looking for a new job.
CII confirms John Bissell’s retirement
John Bissell will be retiring from his role as the Chartered Insurance Institute’s chief operating officer, and board member, in early April 2023.
Are brokers bucking the trend of insurtech investment struggles?
According to a new Gallagher Re report, global insurtech investment fell in the fourth quarter of 2022 to its lowest level since the third quarter of 2020. Sophie Locke-Cooper details why some may be struggling even if there are signs of hope among…
Moneysupermarket details decline in searches following FCA pricing change
Moneysupermarket has posted insurance revenue of £172m, in the year ended 31 December 2022, compared with £158.7m in 2021.
People Moves: 14 – 17 February 2023
Keep up-to-date with the latest personnel moves within the insurance industry.
Colm Tully to head up Paymentshield
Colm Tully has been appointed to lead Ardonagh-owned Paymentshield, succeeding Rob Evans.
Ignite stresses the importance of a gender-balanced industry
Jess Burton, head of operations at Ignite, has urged the insurance sector to become more gender balanced in order for the industry to keep moving forward.
Ex-Brokerbility boss Julie Rayson-Flynn joins Towergate
Towergate Insurance Brokers has appointed former Brokerbility director Julie Rayson-Flynn to the newly created role of national broking director.
Home insurance prices fall again to new record low
The average cost of home insurance dropped to £300 in 2022, the cheapest since the Association of British Insurers started collecting data in 2012.
Brokers must priortise staff engagement as the 'great resignation' continues to bite in 2023
Brokers have stressed the need to keep staff engaged as resignations and recruitment struggles don't look to be going away any time soon. Sophie Locke-Cooper details how the post-pandemic period of reflection is still being felt today.
Broker praise leads to claims recognition for Allianz, Chubb and Ecclesiastical
Insurance consultancy, Gracechurch, has awarded its Service Quality Marque to Allianz, Chubb and Ecclesiastical.
FCA calls for firms to do more on ESG
The Financial Conduct Authority has stressed that businesses must continue to adapt their priorities to meet the changing environmental needs for a more sustainable world.
Marsh McLennan names Chris Lay as UK CEO
Chris Lay has been appointed UK CEO of Marsh McLennan in addition to his responsibilities as CEO of Marsh UK, effective 1 March 2023.
Ex-SSP leader Peter Gregory joins Earnix
Former director of broking at SSP, Peter Gregory, has joined Earnix as sales director.
People Moves: 6 - 10 February 2023
Keep up to date with the latest personnel moves in the insurance industry.
QBE appoints Matt Lacy as director of newly formed client proposition team
QBE has created a client proposition team and appointed Matt Lacy to be its director, with immediate effect.
Zurich UK’s P&C operating profit drops to £226m in 2022
Zurich UK’s operating profit from property and casualty business fell £145m year-on-year to £226m in 2022 due to claims inflation and the impact of large losses.
Apollo partners with Moonrock on drone facility
Apollo will be providing capacity to Moonrock Drone Insurance for a facility designed to provide cover for larger commercial drone operations.
Allianz Commercial greens fleet policies in revamp
Allianz Commercial has refreshed its fleet policies to reduce repair times and prescribe the fitting of green parts.
Broking Success: Prospering with a positive mindset
CEO Daniel Lloyd-John tells Insurance Age about the journey of Broadway Insurance Brokers, a 2020 start-up success story despite launching during Covid lockdown.