Commercial Lines – Page 17
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‘Equilibrium’ between MGAs and insurers yet to be achieved – Pen Underwriting’s Tom Downey
Chief executive additionally believes that capacity into MGAs will become ‘almost like an investment vehicle trust’
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Broker concerns over commercial motor capacity ease – but scepticism remains
’We are committed to sharing our knowledge and experience with more brokers as we continue to advance on our strategic path,’ says deputy chief executive
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More women found to be in leadership roles across London market
It came as the workforce across the London market increased between 2021 and 2023
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Arch Insurance International announces new head of third party claims
’She will lead a high-performing team of claims professionals, which I’m sure will continue to thrive under her leadership,’ says chief claims officer
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RSA issues update on NIG integration process
Commercial lines managing director recognises ’there will be challenges’ despite being ’confident in the processes we have in place’
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Property underinsurance worsening as insurers look to tackle shortfalls
’Clients need to be informed that market value and insured value can be two very different figures,’ says director
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Biba 2024: Aviva keen to boost broker scheme partnerships and back niche MGAs
The insurer has previously ‘been reasonably light on’ building capacity relationships with brokers and MGAs, says portfolio director
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Zurich UK consolidates commercial and retail distribution teams
’The changes in the team will simplify and focus our sales and distribution community,’ says head
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Biba 2024: Hybrid working impacting service levels
’It has now become easy to say no to coming into the office and letting that phone ring,’ says chief executive
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Biba 2024: Insurance software provider announces UK launch
’Our software is to help brokers work more efficiently,’ says founder
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Biba 2024: Trudgill highlights ‘significant concern’ over protection gap
’It is vital we close this protection gap,’ says chief executive
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Biba 2024: Brokers ‘ram’ Allianz stand after rebrand of LV=Broker
’We look forward to going forward with one brand, making life easier for us and life easier for our brokers,’ says managing director
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Biba 2024: Brokers want to be ‘brought to the table’ over Gap insurance decisions
’The handling [of Gap] has not been the smoothest,’ says partner
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Biba 2024: Cyber insurers must ensure messaging is ‘digestible’ for brokers
’If the broker doesn’t feel comfortable offering cyber insurance then there’s a fat chance the client is going to absorb it,’ says distribution manager
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Brown and Brown Europe announces two acquisitions
The acquired firms will become part of the broker’s retail segment
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Biba 2024: Could a public-private partnership provide an answer for systemic cyber risk?
The ‘man-made peril’ of cyber attacks is on the up as digitisation increases, however there is still a low penetration of cyber insurance in the UK, says industry commentators
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Biba 2024: Aviva among firms to call for better communication in industry
’There needs to be better communication and clarity when it comes to underwriting,’ says chief executive
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Biba 2024: Trudgill urges FCA to let brokers ‘breathe’ over regulation
’We are a low risk sector and we do not pose a systemic risk,’ says chief executive
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Biba 2024: RSA sees ‘real demand’ from brokers to discuss NIG deal
’Brokers want to understand, and here again, what the ambition is’, says director
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