Avid targets £100m GWP by end of 2025

Managing director of Avid Insurance Services, Stephen Gibson, is targeting £100m of gross written premium by the end of 2025, growing from around £75m to £80m this year. Gibson, pictured, said the MGA continues to look for complementary products within the insurance market that would benefit the business. “We’re not mainstream, we’re not going to … Read more

Cannabis MGU hires Midson to build network with UK brokers

CannGen Insurance Europe has recruited Alan Midson as development director for the UK and Europe with a remit of building out the company’s network of brokers in all legalised countries. The North American property and casualty managing general underwriter launched its European operations in May last year. It now provides a comprehensive insurance solution for businesses involved … Read more

World Drug Day report highlights spike in drug use, increased trafficking

The International Day against Drug Abuse and Illicit Trafficking, or World Drug Day, is commemorated every year on June 26 and aims to increase action in achieving a drug-free world. This year’s campaign recognises that “effective drug policies must be rooted in science, research, full respect for human rights, compassion, and a deep understanding of the … Read more

Kenya's president says debate on a controversial tax bill 'hijacked by dangerous people'

Kenya’s president William Ruto has vowed to restore calm “at whatever cost” after protesters stormed parliament and security forces opened fire, saying the debate over a controversial new tax bill has been ‘hijacked by dangerous people’. The finance bill has failed to appease protesters even after the government backtracked on some of the initial proposals.  … Read more