CMA greenlights Aviva’s takeover of DLG

CMA greenlights Aviva’s takeover of DLG – Insurance Age Skip to main content End of drawer navigation content The Competition and Markets Authority has today cleared Aviva’s takeover of Direct Line Group. The CMA’s inquiry into the deal was launched on 14 May and at the time invited comments from any interested party. The deadline … Read more

MGA backer Accelerant files for IPO in US

Risk exchange platform and capacity provider Accelerant, a major player in the UK managing general agents market, has revealed plans for an IPO in the US. Accelerant Holdings filed the registration statement with the US Securities and Exchange Commission yesterday. RelatedAccelerant boss Radke on 30% MGA growth and enabling brokers to ‘monetise every opportunity’  Risk … Read more

ABI hails ‘welcome relief’ of government’s flood defence spending commitment

The Association of British Insurers has welcomed the government committing to spend £7.9bn on flood defences over the next decade. The Department for Environment, Food & Rural Affairs set out the total today, calling it the largest flood defence investment programme in history. Responding to the news, Hannah Gurga, director general at the ABI, said: … Read more

ERS promotes Annie Ward to head up bespoke personal lines and agriculture

ERS has promoted Annie Ward to head of bespoke personal lines and agriculture from being product manager for bespoke personal lines. Ward, pictured, joined the specialist motor insurer in 2014 as a senior underwriter having started her insurance career at Sabre. She became portfolio underwriting manager in 2015, product manager in 2017 and Prestige product … Read more