With an aim to be the most admired global specialty MGA, Optio Underwriting group CEO Deepak Soni outlines how it attracts top talent, plans to mix organic growth with M&A and discusses the importance of having a PE backer that understands the subtle nuances of how MGAs work. Deepak having worked previously across corporates such … Read more
Japanese insurer Mitsui Sumitomo Insurance has signed up to buy 15% of the shares in New York Stock Exchange listed W.R. Berkley Corporation. The transaction will go ahead via open market purchases or private deals with third parties. The Berkley Family will not be selling any of its common stock, the US-based property and casualty … Read more
RSA cutting up to 250 jobs in Peterborough following personal lines exit – Insurance Age End of drawer navigation content Skip to main content RSA has put 250 jobs at risk in its Peterborough office over the next two years, following the insurer’s decision to exit the personal insurance market first announced in December 2023. … Read more
The Acturis Commercial Broking Index reveals further premium increases at the end of the year, but experts predict the market is set for softening in 2025. Ida Axling reports. The cost of commercial insurance grew by 3.8% in 2024, driven by particularly large premium hikes in fleet and property owners. This is according to the … Read more
Keep up to date with the latest insurance industry personnel moves. Featured: The Insurance Charity, Bridgehaven, Tokio Marine Kiln, Specialty MGA UK, Superscript, and Apollo. The Insurance Charity appoints CEO Helen Sanson has been named CEO of The Insurance Charity, joining from 10 March. Current CEO Annali-Joy Thornicroft announced her planned retirement last autumn, after … Read more