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expands its footprint in Northern Ireland with the acquisition of Rollins Insurance Brokers. Founded in 1945, Rollins will now be part of the ABL Group, with Dermot Rollins and his team continuing their excellent work.https://hubs.la/Q02B3GL40
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Experience the power of staying informed with our FREE Insurance Business newsletter! 🌟 Get exclusive access to the latest breaking news, cutting-edge opinions, and expert analysis that directly impact your business and the entire industry. Stay ahead of the curve and join our community today!Sign up here: https://hubs.la/Q02vrbBp0#InsuranceBusiness #Insurance #InsuranceNews #News
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The insurance industry is witnessing a rapid shift towards hybrid fronting models. According to Bermuda Brokers CEO Hugh O’Donnell and his team, this model requires insurers to take on more risk, up to 25%, transforming the reinsurance landscape.Learn how Bermuda Brokers is leading the way in this evolving market, providing insights into the benefits and challenges of hybrid fronting models.https://hubs.la/Q02zY4nt0
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AUB Group Limited has announced the acquisition of a 40% equity stake in Momentum Broker Solutions, a leading AR network in the UK. This strategic partnership is set to enhance AUB’s presence in the UK market while allowing Momentum to leverage AUB’s extensive expertise. https://hubs.la/Q02B3Grj0
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Gallagher Specialty has announced the launch of its new carbon insurance solutions service, which will allow clients to mitigate the possible risks that come with de-carbonisation initiatives.https://hubs.la/Q02zXYj60
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Allianz Commercial has announced a collaboration with specialized managing general agent ProMarine UW Ltd (ProMarine) for a new multi-product strategic underwriting and claims delegated authority agreement.https://hubs.la/Q02zXXwB0
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2024 may not have been quiet, but it's been transformative! Discover the latest business reforms and what they mean for you with insights from Rachael Wornes, ARAG Legal Services UK Marketing Manager.https://hubs.la/Q02zTt5x0
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Former insurance broker Gary Whipps has been sentenced to two years imprisonment after pocketing £46,125 through falsely representing a firm’s contract documents to increase the insurance premiums cost being paid by his clients.https://hubs.la/Q02zY4rd0
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Joseph Ziolkowski, CEO of Bermuda-headquartered Relm Insurance, sees significant opportunities in alternative therapeutics, particularly psychedelic drugs. With changing regulations and growing awareness of the limitations of traditional clinical treatments for neurological diseases, psychedelics could revolutionize mental health care.Discover how Relm Insurance is positioning itself at the forefront of this transformative field. https://hubs.la/Q02zXYHl0
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Navigating the current rate environment is a significant challenge for large and complex clients. Catherine French, risk management placement leader at Marsh, sheds light on the difficulties clients face in explaining rapid rate changes internally.Learn how partnership and clear communication are crucial in helping clients tackle these issues.https://hubs.la/Q02zXYHk0
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