Latest News – Page 17
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High Five: Catch up on the biggest exclusive stories this week
Insurance Times rounds up the biggest exclusive stories from 17 to 21 February 2025
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Fantasy Football: Insurance Times’ Phil Davison Q&A
Insurance Times talks to publisher Phil Davison about his strong performance in this year’s Fantasy Football league
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This week’s biggest M&A stories
Insurance Times rounds up the biggest M&A news stories from 17 to 21 February 2025
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Pet broker expands offering through acquisition of firm with John Lewis partnership
’We look forward to bringing new expertise and experience to UK pet owners at the click of a button,’ says managing director
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US consolidator completes first UK deal with acquisition of London MGA
’We look forward to leveraging the team’s experience and strong industry relationships to enable the next chapter of international development,’ says chief executive
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AIG appoints Salesforce c-suite to board of directors
’I am impressed with AIG’s underwriting profitability, financial performance and strategic progress,’ says appointee
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MGA partners with Ardonagh Advisory on non-standard products
The MGA will serve as a ’preferred non-standard household partner’ for Ardonagh Advisory’s network of brokers
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Cyber MGA inks deal with RSA to launch new London market facility
President says deal ’will help our clients and broker partners build insurance towers efficiently’
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Walsh announces next career move after leaving Google
Walsh left Google last month after four years with the business
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Hiscox appoints Marsh leader as new UK broker development director
’He will establish a new team of account managers to accelerate our most significant new business opportunities,’ says chief distribution officer
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Zurich UK boosts profits as P&C COR and GWP improves
’In the last 12 months, we’ve achieved excellent growth across all areas,’ says chief executive
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Marsh adds new capacity to Fast Track facility
’The addition of the new capacity is a significant milestone in Fast Track’s evolution,’ says global head of placement
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Norwegian-German insurance firm acquires London broker to expand globally
’We are now expanding our offering and adding the important London location to our portfolio,’ says chief operating officer
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‘Watch this space’ – Aventum-owned MGA hints at further Lloyd’s expansion
’As we onboard new teams and expand our underwriting capabilities, our need for additional box space at Lloyd’s will naturally grow,’ says managing director
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Lack of expertise hindering AI adoption in insurance – GlobalData
’The insurance industry recognises AI’s potential, but the lack of in-house expertise remains a significant hurdle,’ says associate insurance analyst
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IT Interview
Parisa Kheradmand: Claims Excellence Young Achiever Award winner on ‘championing inclusion’
’This award reminds me that I am enough – just as I am – and that my contributions are worthy of recognition and are valued,’ says marine surveyor and MCL adjuster
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Lockton appoints former Marsh chief executive to lead aviation team
’Aviation is a dynamic sector facing complex challenges, from supply chain disruptions and evolving safety regulations to emerging risks in sustainability and digital transformation,’ says new appointee
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CFC launches automated portfolio quoting for UK brokers
’Our portfolio quoting service isn’t just about eliminating manual data input and tedious applications forms, it can open the door to significant growth opportunities within existing books of business,’ says distribution director
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Howden creates aviation division via double broker acquisition
’Forming a new aviation division and a new Howden Leicester office for general insurance business is a challenge that the team and I are really looking forward to,’ says new division head