Piiq

WTW wins back Leonardo aviation account

WTW has continued its recent aviation momentum by winning back the Leonardo account from Piiq Risk Partners, The Insurer can reveal.

WTW wins back prestigious Airbus account

WTW has won back the Airbus account – one of the aviation sector’s largest when measured by GWP – from Piiq following the latter’s consolidation into Ardonagh Specialty and subsequent repositioning as a multi-class specialty broker, The Insurer can reveal.

Gallagher agrees Piiq renewal deal with Ardonagh

Gallagher has cemented its position as one of the industry’s leading aviation producers in a renewals deal with arch-rival Ardonagh to take on parts of its aviation business, The Insurer can reveal.

Piiq looks to UIB for account manager Huddy

Aerospace specialist Piiq Risk Partners has hired Alex Huddy as an account manager and partner, The Insurer can reveal.

WTW aviation looks to Piiq duo as it wins Embraer account

WTW is continuing to bolster its European aviation practice as it targets new hires from Ardonagh’s Piiq and wins the aerospace manufacturing account Embraer following a tender process, The Insurer can reveal.

WTW bolsters aviation practice with Piiq senior partners Gunning and Read

WTW has continued to build out its aviation practice with the hire of Danny Gunning, The Insurer can reveal, one of two new hires alongside Kerrigan Read.

Ardonagh chooses three CEOs to lead combined London businesses in major overhaul

The Ardonagh Group is putting the finishing touches to a major overhaul of its disparate London market operations, streamlining its six separate businesses and elevating the role of three executives, The Insurer can reveal.

Piiq brokerage commissions total £2.4mn in 2020 but hiring costs weigh on profits

Start-up aviation intermediary Piiq Risk Partners reported brokerage commissions of almost £2.4mn ($3.3mn) in 2020, its first full year of operation, reflecting a number of key account wins despite the Covid-19 pandemic sending the global aviation industry into turmoil.

Airbus prices down nearly 10% as aircraft manufacturer rates come under pressure

One of the largest manufacturing accounts in the aerospace market – Airbus – has secured a significant rate reduction in its forthcoming renewal in a further sign of increased competition among aviation underwriters, The Insurer can reveal.

Piiq lands Swiss Re’s Devouge for Paris unit

Aerospace intermediary Piiq Risk Partners has hired Sylvain Devouge as a senior partner.

NFP to provide domestic account servicing to Piiq Canada clients in new partnership

NFP has formed a new partnership with Piiq Risk Partners that will see NFP’s Complex Risk Solutions Group provide domestic account servicing in Canada to Piiq’s major clients.

Axis and Fidelis provide reinsurance for Piiq aviation finance transaction

Aviation broker Piiq Risk Partners has completed the first insurance-backed aviation finance transaction through its Integrated Finance Linked Insurance (IFLI) division.

Piiq wins Marshall aerospace account from WTW as tender activity takes off

Aviation intermediary start-up Piiq has taken over from Willis Towers Watson (WTW) as the lead broker for Marshall of Cambridge, The Insurer can reveal, with a number of prestigious accounts – including Airbus and Lufthansa – currently out to tender.

Piiq hires senior Gallagher Aerospace quartet

Piiq Risk Partners, the London headquartered aviation intermediary launched last year, has continued to hire high profile talent from its rivals with a quartet of partner level producers from Gallagher Aerospace, The Insurer can reveal.

Piiq agrees partnership with US broker The Plexus Groupe

Piiq Risk Partners has entered into a partnership with The Plexus Groupe (TPG), giving the aviation broking specialist’s clients access to placement in 130 countries around the world through TPG’s network.

Piiq targets European expansion with greenlight for France hub

Aerospace intermediary Piiq Risk Partners has received regulatory approval to operate in France as the broker looks to target growth across European markets and mitigate any Brexit fallout.

Piiq continues expansion with WTW’s Maynard

Aerospace (re)insurance broker Piiq Risk Partners has appointed Willis Towers Watson’s Neil Maynard as senior partner.

Piiq adds to roster with latest Marsh hire

Expansive aerospace broker Piiq Risk Partners has continued to build out its team with the arrival of Anne-Laure Rosenwald, The Insurer has learned.

Piiq continues build out with another WTW hire

Aerospace broker Piiq Risk Partners has appointed Ian George as senior partner, with the Willis Towers Watson director set to join the start-up later in the year.

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