Broker News – Page 39
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Open GI makes acquisition to help brokers enhance digital processes
’This latest innovation will help our brokers transform their digital interaction with their customers,’ says chief executive
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Insurers still looking at data in ‘monolithic way’
’If you have data science in your business and start to get under the skin of that, you can make big changes to your underwriting result,’ says chief executive
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Ardonagh Advisory completes acquisition of broker
’It was hugely important that we found a business that would support us to serve our clients in the best way possible,’ says managing director
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AssuredPartners moves into Wales through new acquisition
’Establishing a presence in Wales is an important step for us,’ says head of acquisitions
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Davies gets greenlight for European broking operations
’DBE extends our UK broker incubation platform for clients aiming to grow and establish infrastructure in Europe through Brussels,’ says chief executive
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Neal issues Blueprint Two update after phase one delayed
’[We] will continue working alongside the market associations to ensure we can safely deliver phase one,’ says chief executive
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Jensten buys Sutton-based schemes specialist broker
The deal marks a ‘significant stride’ in the intermediary’s ‘schemes and affinities growth’, says managing director
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High Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories from this week
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Ardonagh boosts income and adjusted ebitda during 2023
’These results reflect a very strong year for our group,’ says chief executive
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New creatives scheme announced for recently launched broker
’My team and I have launched something new and exciting that will help creative freelancers buy the insurance they need,’ says founder
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New MGA launches with goal of addressing broker anger in PI space
’There has been a mounting level of frustration in the market at poor outcomes and unwillingness to actively underwrite in the PI space,’ says chief executive
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Cyber insurance is ‘inaccessible’ for SMEs
Asking SMEs to buy cyber insurance is ’like asking them to voluntarily buy a culture change’, says cyber chief executive
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‘Unlimited pool of potential’ for niche broker schemes – Peter Blanc
’How much better would it be to be known as problem solvers and enablers, rather than just retailers of products,’ says head of M&A
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Marsh unveils new digital asset facility
’We look forward to supporting clients globally in aligning their risk financing and evolving commercial strategies,’ says leader
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How the broking landscape is changing post-pandemic
’Brokers have also realised that they are data brokers, not just risk brokers,’ says global head
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Apollo forms new partnerships for Lloyd’s Marine Builders’ Risk Consortium
’This new consortium offers Lloyd’s brokers a genuine alternative,’ says leader
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UK&I leads way in European insurance M&A deals as transactions increase
’A number of landmark transactions continued to shape the evolution of the European broking landscape,’ firm says
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Howden bolsters claims proposition for commercial clients
The broker has teamed up with two MGAs to enhance its claims service
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Broker to automate NCD verification process
’We can significantly improve our service and highlight potential discrepancies at an early point in the customer journey,’ says senior trading manager
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Brunel grows East Anglia presence with broker buy
’It has been a group objective to have a physical presence and office in such a key geographical area,’ says chief executive