Where is the UK PI market heading in 2023?
MGB Insurance Brokers joint managing director Nick Bender recently sat down with Insurance Business UK to give his take on the direction the UK Professional Indemnity Insurance market is going in 2023. Speaking to Senior UK News Editor, Mia Wallace, Nick covered a range of topics including the impact of a prolonged economic recession be on the development of this market and what changes can…
Capacity returns to the insurance market for financial institutions
Marie Voysey-Moss, Associate Director with MGB Insurance Brokers, was recently interviewed by Commercial Risk, where she examined the current state of the Financial Institutions (FI) market. During the interview, Marie shared: “The situation is definitely improving in the FI market. For a long time, it felt like capacity was being so stringent that insurers almost had to find reasons not to underwrite risks. Now there…
MGB discusses the consequences of the softening UK PII market
In a recent issue of the Insurance Business UK podcast, IB Talk, MGB’s Joint Managing Director, Nick Bender and Pat Boreham, Director of Broker Development, discussed how the UK PII market has evolved throughout the pandemic and key trends currently buffeting the sector. During the conversation they focus on the difficulties brokers face, the solutions available to brokers, and how underwriters are looking at risks…
MGB discuss navigating the hard PII market on the Insurance Business UK podcast
MGB Insurance Brokers joint managing director, Nick Bender, and head of broker development, Pat Boreham, recently featured on the Insurance Business UK podcast to discuss the hardening of the Professional Indemnity Insurance market as rate increases and cover restrictions are creating tough changes for brokers to confront. In the episode, Nick and Pat explain how the market arrived at its current state and the impact…
2021: What lies ahead for the Professional Indemnity Insurance market
Our Joint Managing Director, Nick Bender was featured in an Insurance Age expert opinion piece discussing the current Professional Indemnity insurance (PII) market. In the article Nick provides his views on the current market conditions, the impact of covid-19 and how he sees the market developing in 2021.
Trireme Insurance Group Rebrands as Oxford Insurance Group
Trireme Insurance Group, the international subsidiary of U.S. Risk Insurance Group, today announced the company has officially rebranded under a new name, Oxford Insurance Group. Oxford Insurance Group will serve as the parent company of Oxford Insurance Brokers Ltd, which includes the U.K.-based trading entities James Hampden International Insurance Brokers and MGB Insurance Brokers. Other members of the group include Switzerland-based UNIS AG and Dubai-based…
Coronavirus Update from MGB Insurance Brokers
We write to inform you that our staff will be working remotely in line with the latest advice from the UK government, both for their protection and to play our part in the effort to slow the spread of COVID-19. We have worked hard to ensure that our operations remain robust and resilient during challenging times such as these. Therefore, we are fully equipped and…
Internal reorganisation at MGB
With effect from 1st January 2020, I am pleased to confirm that the entire business of MGB Insurance Brokers has been transferred into Oxford Insurance Brokers Limited, another regulated entity under the Trireme Insurance Group umbrella. This is effectively an internal reorganisation and MGB Insurance Brokers will remain as a trading name of Oxford Insurance Brokers. Our clients will continue to deal with the same…
Reviewed: 2019 in the Professional Indemnity market
Our Joint Managing Director, Nick Bender was featured in an Insurance Times expert opinion piece discussing the current Professional Indemnity insurance (PII) market. In the article Nick provides his views on the current conditions within the market, the factors involved that helped create them and how he sees the market developing in 2020.
MGB attend Broker Expo 2019
Once again MGB Insurance Brokers took a stand at Insurance Age’s Broker Expo, held in Coventry at the Ricoh Arena. Attracting over 1,000 brokers from across the country and 100+ exhibitors from insurance industry, the conference provided MGB with an excellent opportunity to build new relationships and renew old acquaintances. Pat Boreham, Quintus Botha and Michael Holloway were present on MGB’s new stand. Speaking about…