News
Hedgehog Risk seeks new markets after securing US investment
SIG Insurance has acquired a substantial stake in specialist sports and prize insurance provider, Hedgehog Risk.
AIG expands Jon Hancock’s role
AIG has expanded former Lloyd’s and RSA leader Jon Hancock’s role, with additional responsibilities in global personal lines, as it reorganised into three segments.
Premium Credit recruits Andrea Wells to develop network and regional broker partnerships
Premium Credit has recruited Andrea Wells from Broker Insights as head of regions and networks.
Arch partners with charities to address educational inequality
Arch Insurance International has launched a charity partnership with Magic Breakfast and the National Literacy Trust to help tackle growing educational inequality in the UK.
Jensten partners with financial networking club empowering women
Jensten has teamed up with investment networking club Frankie’s to share expertise and insights with members.
IFB launches campaign to tackle paid-ad spoofing scams
The Insurance Fraud Bureau has launched a national campaign aimed at the multi-million pound problem of paid-ad spoofing claims scams, as it revealed that victims could be facing up to £13,000 in unsolicited fees.
London market wholesale broker launches construction division
Evolin Broking has launched a construction division with the appointment of Steve Downing as head of construction.
Clear hires ex-JLT and Miller exec to lead on M&A
The Clear Group has appointed Oscar Holloway as its first managing director, M&A.
Home insurance premiums drop 2.2%
The average quoted price of home insurance fell by 2.2% in the last three months of 2024, according to the latest research from Consumer Intelligence.
Allianz names Phuong Ly as UK commercial lead after Côté departure
Allianz Commercial has appointed Phuong Ly from Allianz Australia as managing director for the UK, starting in the post on 3 April succeeding Nadia Côté who left for RSA last year.
People Moves: 20 – 24 January 2025
Keep up to date with the latest insurance industry personnel moves.
Allianz UK names Cox as chief claims officer in team merger
Allianz UK has appointed Matt Cox to the newly created role of chief claims officer as it brings together the commercial and personal claims teams.
SRG doubles headcount and gets new investor with ‘transformative’ acquisition
Specialist Risk Group has expanded into mainland Europe with the acquisition of German broker Ecclesia’s assets in Belgium and the Netherlands.
PIB files employment lawsuit against Howden
PIB Group and its managing general agent Acquinex have filed legal proceedings against Howden Group, Dual International, and four individuals in the High Court.
FCA issues restrictions on Scottish broker because of personal lines premium concerns
The Financial Conduct Authority has taken action to stop Arthur Temlett, trading as Abacus Insurance Consultants, from carrying out any regulated activities, including acting as an insurance broker.
Rawlinson promoted as Donaldson exits Markerstudy for Ardonagh
Markerstudy Distribution CEO Ian Donaldson has left to rejoin Ardonagh with Emma Rawlinson promoted as his successor, eight months after the £1.2bn personal lines acquisition completed.
Biba service tops 40,000 at five-year signposting anniversary
The British Insurance Brokers’ Association’s signposting service has received 41,330 enquiries from people with pre-existing medical conditions and disabilities seeking protection insurance, the trade body has confirmed.
Pen boosts capacity with QBE in £420m deal package
Pen Underwriting has extended its partnership with QBE in the UK and Ireland, renewing capacity for public authority risks as well as the hazardous goods and environmental industries.
Flood Re targets Scotland in resilience drive
Flood Re is targeting Scotland, promoting property-level flood resilience and aiming to help communities better prepare for future flooding events.
ARMD secures five-year Accelerant capacity
ARMD, a managing general agent for tradespeople, has entered a five-year capacity agreement with Accelerant’s Risk Exchange.
Liiba seeks to quantify London brokers value to global economy
A trade body has launched a project to quantify the monetary value of London’s brokers to the global economy.