Broker News – Page 42
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News
Dual UK makes c-suite appointments to drive UK expansion
’Dual has been on a significant growth journey in our home market and we have plans to do so much more in 2024,’ says chief executive
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Marsh taps into digital trading platform to advance digitisation strategy in London market
A ‘data first’ focus will enable the intermediary to ’unlock transformational benefits’ and ’unleash a new era of innovation’, says UK chief executive
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Marsh expands D&O Echo facility coverage
’D&O Echo provides clients globally with substantial capacity without being over-exposed to a single insurer,’ says UK management liability leader
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US-owned Trawick International acquires controlling stake in UK-based broker
’Trawick is in an unprecedented period of expansion,’ says president and chief executive
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Broker Direct founder passes away
’Our heartfelt condolences go out to his partner Trish and the rest of his friends and family,’ says firm
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BMS teams up with Artificial Labs to bolster processing of insurance contracts
’We are delighted to partner with BMS,’ says co-chief executive
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Predictive data key for ‘competitive edge’
’It can give an insurance provider an edge, especially in aggregator-exposed channels,’ 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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Faraday Underwriting to focus on growth with new non-executive director hire
Chief executive says the appointee’s ‘skills, industry knowledge and strategic vision align perfectly with our goals’
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Prestige Insurance Holdings snaps up Londonderry broker
Chief executive flags the firm’s latest acquisition as a ‘pivotal step’ in its ‘ambitious expansion strategy’
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Claims handlers exposed to ‘second-hand trauma’ by ‘distressing claims’
’Respondents could recall at least one traumatic claim that has stayed with them,’ says member
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IT Interview
Creating AI regulatory framework set to be ‘significant piece of work’ in 2024
’We need to make sure that we have the right framework in place,’ says chief executive
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More young drivers want telematics policy for environmental benefits
’Environmentally conscious driving doesn’t just lead to lower premiums, but also lower fuel costs and slower driving speeds,’ says chief executive
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WTW reveals new parametric insurance policy
’This programme provides an exciting opportunity,’ says director
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Tokio Marine reaches agreement with Marsh to acquire MGA staff
’Our shared expertise, combined footprints and distribution networks will make for a formidable marine offering in London and beyond,’ says head of marine
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Marsh appoints new cyber product leader
Broker says it is expanding its cyber team as ’cyber risk remains an urgent, volatile and evolving challenge’
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Brown and Brown broker Xenia announces new chief executive
’I am delighted to have the opportunity to lead the business’ onward development,’ says appointee
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Insurtech funding plummets to lowest level since 2018
However, global head of insurtech says there are signs of ’a mature and healthy market’
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Brown and Brown Europe snaps up ‘customer-centric community broker’
Chief executive says the acquired business will ‘make an excellent contribution’ to Brown and Brown’s future
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Howden boosts revenue in 2023 despite seeing less organic growth
Chief executive says broker is working to deliver long-term ’standout organic growth’