Broker News – Page 57
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IT Interview
Steve Cowman Q&A: ‘Market competition a significant challenge’
’With the insurance landscape evolving rapidly, MGAs must differentiate themselves,’ says managing director
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Allianz ‘very much committed’ to personal lines motor broker channel despite ‘volatility’ – Colm Holmes
Allianz saw ‘inflation running at 11% in personal lines motor’ for the first half of 2023, says chief executive
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Kingfisher Insurance’s classic car brand launches scheme for VW enthusiasts
Partnerships director says scheme will ’best suits their needs and protects these popular cars on our roads for generations to come’
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Allianz Commercial snaps up Aviva veteran to bolster southern structure
’She brings with her extensive market experience and established relationships with our broker partners,’ says mid-market managing director
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Insurers have ‘responsibility’ to boost brokers’ cyber cover knowledge
’Cyber is still relatively new for any broker,’ says general manager
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Can new AI technology be utilised to reduce premiums for motorists?
Divisional head explains why the use of new technology can be ’great for all parties’
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Seventeen Group completes hat-trick of acquisitions with broker purchase
’The team bring a huge amount of experience and relationships into the group,’ says chief executive
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Howden’s Dual acquires MGA to enhance capabilities in equestrian sector
’We are delighted to welcome them to Dual,’ says chief executive
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Brokers should not ‘shy away’ from AI over lack of trust
Managing director says there ’is a huge future for AI models in all facets of insurance’
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Insurtech funding falls for Q2 2023 – Gallagher Re
’Insurtech now in a secondary phase’ focusing on the ’how’ rather than the ’what’ says reinsurance broker’s global head of insurtech
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McGill and Partners enters legal liability insurance market with two new hires
The appointees’ experience ‘will be invaluable as we continue to broaden our offering to our clients’, says senior leader
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Verlingue boosts employee benefits division with acquisition
’Our strategy is to continue to grow our employee benefits operation’, says chief executive officer
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Ardonagh Advisory continues growth trajectory with addition of independent broker
’This is a great opportunity for Ethos Broking to further its geographic reach with a high-quality regional broking business that is well-respected in its local area,’ says chief executive
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GRP enters pet insurance market with broker acquisition
Buying the business will provide GRP’s Insync with the opportunity to apply its ’digital capabilities to a growing brokerage’, says managing director
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Biba Manchester deputy chairman joins Broadway Insurance Brokers
’Having him come on board illustrates how very seriously we view the importance of risk,’ says chief executive
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Aon snaps up former Aviva director for new chief broking officer role
’This new role demonstrates our commitment to investing in talent,’ says UK head of commercial risk solutions
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Trudgill issues FCA plea as Consumer Duty regulation comes into force
Chief executive says this is ’one of the most significant pieces of regulation there has been’
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The Clear Group boosts revenue and ebitda in 2022 after acquisition spree
’2022 marked an exceptional year for the Clear Group,’ says chief executive
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Biba appoints new board members as it places regulation ‘top of the agenda’
’These changes within Biba will greatly assist members,’ says chief executive
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‘A watershed moment’ – Reaction as Consumer Duty comes into force
’Firms will now have a laser focus on looking at everything through the lens of the customer,’ says chief client officer