A brace of superyacht specialists have broken away from MS Amlin
to launch a venture through Castel Underwriting Agencies,
The Insurance Insider can reveal.
Yachtpod Risk Partners will provide a one-stop shop for
superyacht owners, captains and managers on specialist coverages
including hull and machinery, increased value, war, medical
expenses, mortgagees interest and loss of charter hire risks.
The cell will be led by Iain Cotton and Vladimir
Mirosevic-Sorgo, previously the director and class
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-
Ex-MS Amlin duo launch Yachtpod through Castel
-
Hedron CEO Haggart eyes-up offering branded products
Chris Haggart, CEO of Hedron, intends to offer branded products drawing on the strength of the partnership with Broker Insights it entered into last year. -
RSA and NIG brands to become one next year but undecided on name
In an update to brokers on the NIG deal, RSA commercial lines managing director Sonya Bryson explained there will still be two sets of products and systems on 1 May, with all remaining the same in the short term. -
Biba Conference 2024 countdown: LexisNexis’s Dan Cicchetti
Dan Cicchetti, senior director of client engagement in the UK and Ireland at LexisNexis Risk Solutions, looks forward to showcasing vehicle data solutions on its stand, before heading to Box Bar Manchester for another of its legendary client evenings. -
People Moves: 15 – 19 April 2023
Stay in the loop with the latest insurance personnel moves. -
Pen inks £150m social housing capacity deal with SiriusPoint
Pen Underwriting has announced a new long-term capacity deal with SiriusPoint. -
Biba Conference 2024 countdown: FloodFlash’s Ciana Kenny
Ciana Kenny, senior distribution manager at FloodFlash, promises sensor demos on its stand, looks forward to the Friday stand-up feedback and advises delegates to ‘stay hydrated’. -
First fall in car premiums for over two years
Comprehensive car insurance premiums fell by 5% in the first three months of 2024 after nine consecutive quarters of rises, according to the latest research from Confused/WTW. -
Biba Conference 2024 countdown: iprism’s Brad Harmer
In the latest in our series of Biba previews Brad Harmer, chief commercial officer at iprism teases a digital challenge on its stand and why he won’t be missing Tim Peake’s speech. -
FCA’s Brewis warns MPs premium finance action could have ‘waterbed effect’ for consumers
The Financial Conduct Authority’s insurance director Matt Brewis has raised the concern that taking action on premium finance would have little or no impact on the price of motor cover. -
UK car insurance prices fall for first time in two years
via ft.comQuarter-on-quarter drop provides some relief for households but quotes are up 43% from a year ago -
Allianz appoints Ktenidis director of digital trading & ALP as Bryant leaves
Allianz Commercial has named Alex Ktenidis as director of digital trading and Allianz Legal Protection effective immediately, succeeding Helen Bryant. -
Three quarters of brokers still concerned about underinsured clients claims Aviva
According to Aviva’s latest Broker Barometer survey, 73% of brokers are concerned that some of their clients may be underinsured as just 24% of broker's clients had increased their sums insured to an adequate level. -
Broking profits fall at Saga
Underlying profit before tax in Saga’s insurance broking arm fell to £39.8m for the year ended 31 January 2024, compared with £71.5m in the previous period. -
Macquarie MGA granted Lloyd's coverholder status
Macquarie Insurance Facility is to expand its insurance capabilities following approval as a Lloyd’s coverholder. -
RSA posts 2023 loss as underwriting result improves
RSA has reported a loss after tax of £89m driven in part by integration costs as the underwriting performance improved year on year. -
Biba Conference 2024 countdown: ICEYE’s Paul Sowden
Paul Sowden, strategic account manager, ICEYE believes his firm will stick out this year as the only one to have a satellite on its stand, and remembers bumping into his first insurance manager who he had not seen for 15 years. -
Alan Boswell seals deal for taxi and driving school specialist
Alan Boswell Group has bought The Insurance Centre, a Norwich-based insurance broker with expertise in taxi and driving schools insurance. -
US fronter Hadron set to onboard first UK MGA in Q2
Altamont-backed hybrid insurer Hadron is aiming to change the reputation of fronters to businesses that priortise sensible and measured underwriting rather than just scale. -
Biba Conference 2024 countdown: CFC’s Pat Brice
As we continue our Biba Conference series Pat Brice, distribution director at CFC, promises socks on its stand, reflects on the post-pandemic buzz of the event and encourages first timers to step back and absorb their surroundings. -
Sutton reveals 25% growth in Acrisure sale year
Sutton Group grew turnover by 25% to £21.1m in the year it was snapped up by Acrisure. -
Broker Paratus & Partners launches to focus on energy price risks
Paratus has launched its insurance broking division Paratus & Partners which offers energy price risk broking expertise. -
Ex-RSA leader Mandy Hunt joins Clear as MGA MD
Clear Group has appointed Mandy Hunt as managing director of its managing general agent business. -
Renault sent me an £11,000 bill to repair my Zoe heater
via theguardian.comThe car is just five years old, and now the company seems to be washing its hands of the matterI read with interest your recent letter.Unfortunately, I am having a very similar experience, but, in my case, Renault wants to charge us £9,121 to repair the heater on our Zoe, which we bought new for £30,000. Continue reading... -
Bspoke sets marker with £5.17m turnover in inaugural accounts
Bspoke Insurance Group has forecast returning to profit after achieving £5.17m of turnover but post-tax losses in its first five months of trading since being formed out of UK General and Precision Partnership. -
Jensten to invest £1m in fledgling brokers through Coversure
Jensten Group will invest up to £1m to help 15 people to start their own brokers this year, with investments made through Coversure. -
Shire Insurance returns to Ecclesiastical for vet schemes
Veterinary sector specialist broker Shire Insurance has teamed up again with Ecclesiastical on all schemes business after a two-year hiatus. -
JMG strikes its biggest deal of 2024 with BQI swoop
JMG Group has bought BQI Insurance and sister company BQI Protection. -
Biba Conference 2024 countdown: Applied Systems’ Tom Needs
An advocate of not leaving the Biba Conference early and of the benefits of automation, Tom Needs, CEO of Applied Systems Europe, outlines his thoughts ahead of the upcoming event. -
Covéa cuts losses but underwriting deficit grows
Covéa Insurance has posted an £87.3m loss after tax for last year with underwriting losses across commercial, personal and speciality lines.
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