High Net Worth (HNW)
Ecclesiastical urges brokers to help HNW clients protect their home offices
Ecclesiastical has warned that with rising inflation and the cost of living crisis, wealthy individuals and their home offices are prime targets for criminals, and has urged brokers to speak with clients about how best to protect themselves.
Ardonagh Advisory announces first new deal of 2023 with Pace Ward buy
Ardonagh Advisory has announced its first new deal of the year with the purchase of Stoke-on-Trent based broker Pace Ward and revealed it has an “impressive pipeline of M&A”.
Castleacre buys private client insurance broker Merritt
Castleacre has bought Merritt Insurance Services for an undisclosed sum.
Hagerty launches private client service
Hagerty, a car insurance provider, has launched its private client service, which can be sold through brokers who have customers with a vehicle, or vehicles, worth £250,000 or more.
Aviva’s Winslow insists ‘we can do more’ to return broker service to pre-2019 levels
With rates continuing to rise, Adam Winslow, CEO of Aviva UK & Ireland general insurance has stressed that it can do more when helping brokers through the challenging market.
Hiscox “on the front foot” with brokers, says CEO Aki Hussain
Group CEO of Hiscox, Aki Hussain, has forecast further UK commercial growth, and a return to expansion in personal lines at the insurer in 2023.
Gallagher wins Knight Frank Finance account from Howden and Uinsure
Gallagher has won the contract to provide clients of mortgage and insurance advisory specialist Knight Frank Finance with insurance products.
Covéa exits HNW motor line
Covéa is no longer writing business in the executive motor space for high net worth, Insurance Age can reveal.
AIG strikes MGA deal to drive expansion in high-net-worth markets
AIG has not ruled out UK and European markets following a deal with private equity-focused reinsurer Stone Point Capital to create a new managing general agency for HNW markets.
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.
Start-up broker Prosura targets £10m GWP in five years
Jon Newall’s start-up broker, Prosura, is targeting £10m of gross written premium within five years.
GRP buys Christopher Trigg Insurance Brokers
Global Risk Partners has bought Hedron Network member Christopher Trigg Insurance Brokers.
Aviva grows GWP but COR worsens
Aviva has reported a slip in its UK combined operating ratio from 94.2% to 95%.
Newbie News: Capsule
CEO Thomas Wynne tells Insurance Age how he went from being managing director at Kingsbridge to starting an insurance partner for high growth start-ups, Capsule
Products: October 2022
Product launches including cover for electric vehicles, carbon credit insurance, the media and entertainment sector and private clients.
HDI streamlines specialty lines single risk underwriting
HDI Global Specialty UK has introduced a new structure in underwriting with six divisions or ‘pillars’ within its single risk business.
Aviva strikes £100m-per-year capacity deal with Pen Underwriting
Pen Underwriting has announced a new multi-year strategic partnership with Aviva in support of its personal lines and property owners’ business, which will see Aviva providing capacity for over £100m in premium per annum.
Aviva still has fizz in broker personal lines friendships after Lemonade deal, says Hemming
Aviva is “absolutely open for personal lines business”, according to Gareth Hemming, managing director of UKGI distribution & SME.
Aviva to open up HNW distribution to regional brokers in 2023
Aviva will be targeting additional high net worth underwriting capacity next year at regional independent brokers who “tend to have a handful of cases”, Gareth Hemming, managing director of UKGI distribution & SME has told Insurance Age.
PIB buys super yacht specialist Zorab Insurance Services
PIB has added to its specialisms division buying Zorab Insurance Services for an undisclosed sum.
News analysis: HNW - will Aviva’s play for market dominance pay off?
Rachel Gordon explores how the insurer’s move to buy Azur, and its acquisition of the Axa XL team, has shifted the prestige insurance market
Start-up Broadway triples GWP
Broadway Insurance Brokers tripled gross written premium in the past 12 months hitting £4.5m, CEO Daniel Lloyd-John has confirmed.
Ecclesiastical adds to HNW offering
Specialist insurer Ecclesiastical has launched a new enhanced Art and Private Client policy to the market.
Aviva strikes Azur HNW deal after exclusive talks
Aviva has penned a deal to buy Azur Underwriting’s high net worth personal lines business in the UK and Ireland.