Insight
People Moves: 22-26 November 2021
Stay up to date with the latest insurance industry moves.
Open GI partners with Percayso Inform on data product
Brokers will be able to access the service through Open GI’s motor and commercial vehicle platforms from 2022.
Gallagher/Willis Re deal gets green light from competition watchdog
The CMA launched a merger inquiry into the $3.25bn takeover in October.
Ardonagh reports growth in income in Q3 2021 update
Consolidator says it completed £125m of investment in Q3 including its purchase of Usay Group in the UK, as it reports significant reduction in loss for the first nine months of the year.
FSCS confirms MCE Insurance Company has failed
The Gibraltar-based business went into run-off on 5 November, citing difficulties with Solvency II, while the UK-headquartered division of the company has signed a fresh capacity deal with Sabre.
Pool Re boss to exit next year
Julian Enoizi is to step down in Spring 2022 after leading the terrorism reinsurer for eight years, with Pool Re stating that the process of finding his successor has begun.
Video Q&A: Zego B2B commercial director Ines Feracci
In this video Insurance Age content director Jonathan Swift caught up with Zego’s B2B commercial director Inès Feracci to discuss its plans for targeting brokers and fleet.
Aventus develops digital underwriting platform
The offering adds to is distribution and customer management proposition and is designed for brokers and MGAs.
MCE cites Solvency II as reason for run-off of Gibraltar-based insurance arm
MCE boss Julian Edwards says Solvency II favours larger insurers as he discusses the broker's capacity deal with Sabre.
Marsh overhauls management team
The changes will see former JLT boss Dominic Burke retire from his vice chair position.
Ex Be Wiser boss Mark Bower-Dyke launches consultancy firm
Bower-Dyke tells Insurance Age about his plans for the new venture and discusses why he believes there was a gap in the market for quality advice.
News analysis: EVs set to rise within commercial motor
As customers go down the electric vehicle route, Insurance Age has asked industry experts to outline the impacts and challenges that EVs bring within the commercial space.
Mulsanne v Marshmallow trial kicks off
Opening statements were heard today and yesterday in the trial which centres around accusations of misuse of confidential information and breach of contract.
Capacity and insurer relationships key priorities for broker space
Acrisure carried out a review of the broking sector, highlighting firms’ top priorities, challenges, and M&A appetite.
CII warns on social media use
The body has developed a guide on using platforms such as Twitter and Facebook in a professional manner.
Insurance Cares: QBE cyber expert develops suicide prevention tool
Alice Hendy developed the Ripple browser extension following the loss of her brother last year.
People Moves: 15-19 November 2021
Keep up to date with the latest moves in the insurance space.
Aviva CEO joins The Geneva Association board
Amanda Blanc is set to join the organisation as Christian Mumenthaler, CEO of Swiss Re, gets appointed as its new chairman.
Aston Lark acquires Philip Williams & Company
The Warrington broker, which provides insurance to Police Federations and other law enforcement agencies in the UK, is the second deal in a week for the consolidator.
Blog: Counting the cost of liability claims
The pandemic combined with Brexit is inflating the cost of liability claims, says Mark Merrix of Allianz.
Innovation Broking CEO lifts lid on sale
Paul Dickson tells Insurance Age about the sales process and discusses the future for Innovation Broking as part of Aston Lark.
Ascend Broking buys SMP Healthcare
Ascend has set its sights on achieving £22-£25m in GWP over the next 24 months and flagged that a further three deals are in the pipeline.
Aston Lark buys Top 100 broker
Innovation Broking is the latest business to join Aston Lark's stable as CEO Paul Dickson is set to become chair of Aston Lark’s broking and benefits companies from early 2022.
FSCS postpones retail pool contribution in levy update
Biba welcomes the move as brokers were previously expected to contribute £60.9m to the retail pool for the financial year 2021/22.