All articles by James Cowen – Page 36
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News
The biggest insurance industry deals from this week
Insurance Times rounds up the biggest mergers, acquisitions, sales and capacity deals from 5 to 9 August 2024
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FCA to boost headcount in Leeds
’This further expansion is testament to the success of our Leeds office,’ says chief executive
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Insurance group establishes new broker management team
’We are strengthening our commitment to the broker community,’ says chief operating officer
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Lloyd’s financial strength rating upgraded
’Our financial strength and solid capital platform enable us to deliver on our strategic growth ambitions,’ says chief financial officer
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Hiscox UK grows ICWP in H1 2024
The ’underlying positive business momentum in the UK is broad based’, says insurer
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New MGA launches with ex-AIG leader as chief executive
The firm ’will differentiate itself from the market through a flexible, agile and responsive approach’, says chief executive
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Insurer to rebrand after acquisition as c-suite appointments announced
’We’re excited to formally align our global business,’ says chief executive
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ABI issues statement over riots as properties damaged across the UK
’Insurers appreciate that this is an incredibly stressful time and will be on hand to do everything they can to help customers as quickly as possible,’ says trade body
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Brown and Brown acquires trade credit broker
’The acquisition brings additional capabilities,’ says managing director
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English stadium to be renamed as Allianz secures major deal
’With each of the eight stadia we now support around the world, we seek to create the best experience for fans, players and local communities,’ says chief executive
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ABG secures second deal of 2024 with broker buy
’As part of a larger brokerage, we can leverage its extensive resources and expertise,’ says managing director
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Ardonagh-owned MGA to acquire Zurich UK’s marine brand
’The business will highly complement our marine specialism and expand our product and proposition,’ says chief executive
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New product designed to monitor the cyber MGA market launched
’MGAs have been and are a crucial part of the cyber insurance value chain,’ says chief executive
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Howden to acquire Allianz book as capacity deal announced
’Our two businesses represent £7.3m GWP and will service 68,000 customers,’ says divisional director
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News Analysis
Briefing: As the FCA looks to simplify its rules, what does this mean for Consumer Duty?
’This call for input will help to ensure our regulation remains effective, streamlined and comprehensible, maximising the duty’s benefits,’ says regulator
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Broker expands real estate team with new hires
’It’s an exciting time for real estate throughout the UK, says director
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Aviva to open new trading office for brokers
’Being visible and responsive are strategic imperatives for us,’ says managing director
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Broker veteran secures new role at cyber firm
He joins at a time when cyber insurance ’has never been a more critical product’, says chief underwriting officer
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Markerstudy announces plans to purchase broker
’I look forward to the future with confidence and enthusiasm,’ says acting chief executive
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More brokers favouring live chat over phone calls for eTrade queries
’We are definitely seeing the shift in terms of brokers enjoying the live chat experience,’ says head of SME trading