Broker News – Page 61
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CII seeking ‘rising stars’ for flagship talent scheme
The class of 2023/24 will be made up of 40 ‘promising professionals’, according to a statement
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Lack of underwriter presence at Lloyd’s ‘point of contention’ for young brokers – Liiba
‘It is embarrassing if there are more underwriters in Leadenhall market than there are at the box,’ one broker stated
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Can brokers trust AI to handle sensitive data?
’You wouldn’t share a client report with a friend for a view, so why do it with AI?’ says corporate director
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Stubben Edge launches new capital arm to further help insurance firms grow
’We are committed to helping insurance brokers, MGAs and insurers grow their businesses,’ says chief executive
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Bspoke Commercial ‘working hard’ to do more business with brokers
Managing director says the firm has worked with capacity providers to review and deliver a revised risk appetite to broker partners
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What is the digital future of insurance firms?
’Companies that are going to be fully digital are only companies that startup from scratch,’ says chief transformation officer
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Axa Commercial forms new partnership to offer payment by instalments solution
Financial director says solution will be available to customers and brokers in the near future
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Lack of clarity over what ESG data brokers and MGAs should be capturing – MGAA
Chief executive says the ’the industry needs to work together’
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Jensten Group reveals next steps after completing Darwin Clayton acquisition
’We know offering clients solutions, which are designed to meet their specific needs, is a genuine differentiator,’ says retail managing director
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GRP snaps up specialist commercial broker
’It’s great that they have chosen to become part of the GRP and Brown and Brown team,’ says head of M&A
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New service for insurers to be launched ahead of Consumer Duty regulation
The service will give insurers a ‘data-driven view of their performance against a backdrop of consumer outcomes’, says head of consumer strategy
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Ignite reboots accelerator programme to find more female founders
’The significant gender imbalance in our industry is no secret and is even worse when you look at those founding their own businesses,’ says managing director
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AssuredPartners acquires specialist recycling broker to ‘accelerate’ growth
’[We] knew immediately that they would be a great addition to our growing network of companies,’ says UK and Ireland chief executive
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Jensten Underwriting partners with Hiscox to launch new technology product
Wholesale managing director says such innovations ’attract more and more brokers to trade with us’
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Rankings reveal largest global brokers in 2022
Total fees and commissions earned from insurance broking activity worldwide in 2022 were worth over £120bn
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Kingfisher acquires specialist motorsport insurance broker
The deal forms part of Kingfisher’s strategy to grow both organically and through acquisition
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Aegis London announces new proposition to enhance claims communication
’Opal Claims is one of the first of its kind and we’ve not certainly seen anything like it in the London market,’ says head of claims
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Clegg Gifford looks to ‘redefine dynamics’ of SME insurance market with new Lloyd’s platform
’[This] is just the beginning of our ambition to transform the binding authorities landscape at Lloyd’s,’ says head
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Aston Lark purchases HNW client book as it snaps up Vizion partner
Chief executive says move ’further strengthens existing private client and HNW capabilities’
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Motor insurer ERS teams up with Acturis to launch API product for brokers
’Acturis brokers can benefit from our latest product updates immediately,’ says active underwriter