Latest News – Page 26
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Insurance firms not realising benefits of apprenticeship schemes
’The fact that so many firms are simply unaware of how to establish a scheme demonstrates that more support and education are needed,’ says senior partner
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Reinsurers set to continue delivering profits despite falling premium rates
’Despite the rate reductions, we expect the sector’s premium income to increase in 2025,’ says ratings agency
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IUA to carry out review of operations as new risks emerge
’The IUA needs to make sure it is equipped to help members respond to modern realities and changing customer needs,’ says chief executive
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Top performing motor and home insurers revealed
’These brands excel at anticipating and addressing their customers’ needs, earning their place as standout leaders in the industry,’ says chief executive
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Most brokers struggling to attract young talent – Ecclesiastical
’Most people seem to fall into a career in insurance, but the industry can’t rely on that anymore,’ says managing director
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Worcester-based commercial broker continues regional expansion with acquisition
’We’re looking to consolidate and then grow our presence in the area over the coming years,’ says account executive
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FCA unveils plans to remove ‘unnecessary regulation’ in letter to prime minister
’To achieve the deep reforms necessary, your acceptance that we will take greater risks and rigorously prioritise resources is crucial,’ says chief executive in letter to government
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Arch hires new MD for UK regional arm as chief executive retires
The new appointee is ’highly respected by the broking market’, says deputy chief executive
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High Five: Catch up on the biggest exclusive stories this week
Insurance Times rounds up the biggest exclusive stories from 13 to 17 January 2025
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The biggest people moves this week
Insurance Times rounds up the biggest appointments and promotions from 13 to 17 January 2025
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FCA creates new jobs as it expands Leeds office
’The expansion provides further opportunity for us to benefit from a broader talent pool,’ says chief executive
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Brown and Brown’s M&A strategy is ‘alive and kicking’ despite integration focus for 2025
UK retail chief executive confirms that broker is set ‘to focus on a smaller number of larger deals’ this year as it develops ‘really healthy pipeline’
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Reinsurance broker expands into London and announces new office leader
’Expanding into London is a major milestone for us and reflects our ongoing commitment to meeting the needs of our clients,’ says president
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Investment firm acquires business protection broker to enter new market
’This acquisition significantly strengthens our proposition by adding a specialist business protection capability,’ says chief executive
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Senior underwriters leave RSA for new roles at Dudley-based commercial MGA
’I expect them to play a key role in our ambition to grow the business and achieve £50m in GWP within the next 18 months,’ says managing director
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Former Ageas chief executive joins Howden’s UK board
The appointee has worked at several insurers during his career
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DWF snaps up Gallagher Bassett’s UK chief executive for senior claims role
’I look forward to working with the talented professionals at DWF to further enhance our claims management services,’ says appointee
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Manifesto 2025: ‘Much to do’ on insurer service despite ‘solid improvement’ on NPS’
’We will see further increases as we work closely with insurers,’ says chief executive
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Manifesto 2025: Biba calls for regulatory improvements to drive growth
’Working positively and constructively with the regulator has been a big mission for me because it’s supposed to support growth, not stop it or affect it negatively,’ says broker body chief executive
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Farming broker appoints ex-Marsh chief executive as managing director
The Brigstock-based broker has made the move as it looks to double in size within three to five years