Insurer News – Page 28
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WATCH: Palestine Action protestors on roof of Allianz Guildford HQ
’The headquarters remains shut down as activists have occupied the front overhang,’ says group
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Palestine Action protestors attack multiple Allianz locations and occupy Guildford HQ
The protest group says the insurer is a major financial backer of Israel’s arms and weapons industry
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Burge to join Hiscox after 24 years at Allianz
A recruitment process for his successor is currently underway
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Chester-based broker joins JMG Group
’This collaboration will help us develop new products and expand the business,’ says managing director
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Compare the Market investor ‘exploring sale’ of stake in PCW
The investor paid £675m for a 30% stake in 2017
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Zurich set to reveal new three year plan
The plan will be shown to investors at a meeting later next month
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Munich Re MGA officially closes for business
’We’d like to thank our clients, partners and colleagues for your support and trust over the years,’ says firm
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High Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories from this week (30 October – 4 October 2024)
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This week’s biggest M&A stories
Insurance Times rounds up the biggest M&A news stories from 30 September to 4 October
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Insurance sector in ‘buoyant mood’ as expectations of growth improve – Lloyds Bank
’Headwinds do remain in the market and insurers on both sides will need to remain vigilant as the year progresses,’ says managing director
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Ifig members vote to form UK chapter of international organisation as it celebrates 25th anniversary
’The insurance counter fraud industry now has a truly agnostic body that has the capability to collaborate across borders and world wide,’ says chair
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Credit hire costs surge over the last decade – Keoghs
Research from Keoghs has highlighted the ‘detrimental’ impact of ‘litigious’ credit hire organisations on consumers
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Firms must embrace ‘cultural change’ to meet Consumer Duty requirements – FCA’s Graeme Reynolds
Cultural change is important when it comes to the regulation because ’the duty is not a once-and-done exercise’, says director of competition
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Liberty Specialty Markets announces new UK and MENA chief underwriting officer
The new recruit’s ’perspectives will strengthen our ability to deliver value for our clients, brokers and our Liberty teams’, says president
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RSA launches new D&O product due to ’uncertain times’
’Senior management make decisions on a daily basis that can be open to question at a future date,’ says head
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Saga in talks with Ageas over insurance arm deal
It comes after Ageas abandoned its pursuit of Direct Line Group (DLG) earlier this year
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Beazley makes c-suite changes as promotions announced
’It is pleasing to note that at Beazley we have an outstanding talent pipeline and strong process of succession planning,’ says chief executive
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Majority of HNW clients seek better protection for art collections
’Brokers play an important role in helping HNW clients understand the risks their art and collections face,’ says underwriting director
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Addressing age-related prejudices essential to improving diversity of thought
’There can be some really impactful and innovative ideas from people with backgrounds that are less traditional,’ says chief customer officer
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Broking group makes second acquisition since 2023 launch
’We are proud to provide a viable alternative to the industry consolidators when brokers are looking to sell their business,’ says chief executive