Insight
GRP's Marshall Wooldridge snaps up Rotherham-based broker
Goldthorpe, a family-owned business which writes both commercial and personal lines, is the fifth broker bought by Marshall Wooldridge since it became GRP's Yorkshire hub in 2016.
Specialist Risk Group buys special risks team from Bridge Insurance
Deal is SRG's first in 2022 and is part of a long-term partnership with Bridge.
Brokers call on new RSA boss to "step up a gear"
News analysis: Experts discuss whether outgoing RSA boss Scott Egan was successful in rebuilding the provider's relationships with regions and call for clarity on the insurer's broker strategy following leadership change.
Tysers sells credit & surety business to Xenia
It is Xenia’s eight deal in recent months and second trade credit buy.
Motor premium drop starts to stabilise
For the first time in over a year, the cost of car insurance has increased in some UK regions while the average premium has now reached £782, Consumer Intelligence reported.
Liberty adds to real estate proposition
The provider is launching a fresh product and has appointed two underwriters to support the initiative.
Movo Partnership in talks to make six more deals
MD Lea Cheesbrough tells Insurance Age about the network's recent hat-trick of broker buys and discusses its growth plans as it targets £65m in GWP and 75 broker members.
Andy Fairchild joins Acrisure
Fairchild has been added to the team as an advisor as the US-headquartered broker looks to expand into the UK retail market.
Iprism adds product to SSP platform
According to the MGA, the platform removes the need for brokers to rekey quote data and provides a full quote and bind service, from rating and pricing to core administration, data analytics, and full policy documentation at point of sale.
First Underwriting secures £1bn capacity from Accredited
The five-year deal with Accredited, alongside McGill & Partners, provides capacity for specialty products and will help First to diversify its product lines.
MGA Tradewise goes into administration
The motor MGA stopped writing new and renewal business on 1 January after it was unable to renew its reinsurance protection with Berkshire Hathaway.
People Moves: 10 - 14 January 2022
The latest personnel and management news in the insurance sector.
Society of Insurance Broking reveals broker challenges in 2022
Ensuring that clients’ cover and sums insured are kept under regular review costs will be a “dominant theme”, but the Society also pointed out the opportunities new talent brings.
Movo Partnership completes three deals
Chiltern Insurance Group, FLS General and Kidd Insurance have joined the group and network, bringing an additional nine staff and £4.7m gross written premium into Movo.
Ageas moves to Amazon Web Services for Insurer Hosted Pricing
The deal also sees it move to CDL's Proteus system which the provider says gives faster access to competitive rates for brokers.
Aviva and Prestige Underwriting agree fresh panel deal
The fresh motor and van agreement runs until 2026 and sees Prestige re-enter the non-standard motor space.
Ashwin Mistry joins Broker Insights board
Broker Insights CEO Fraser Edmond believes that having Mistry on board will offer the company a "significant" boost towards reaching its growth ambitions.
Dickson & Co buys Morrison Associates
The broker says it expects further acquisitions in early 2022 as it continues to widen its presence in Northern Ireland.
More deals in pipeline for Markerstudy after £400m BGL Insurance buy
Group underwriting director Gary Humphreys tells Insurance Age about the MGA's biggest deal to date and its plans for the future as he confirms that an IPO "hasn’t been ruled out as possibility".
GRP's Alan & Thomas buys in Bournemouth
BIG Insurance is the broker's third deal since becoming GRP's southern hub.
People Moves: 4 - 7 January 2022
Keep up to date with the latest personnel changes from the world of insurance.
Aston Lark makes first deal of 2022
Consolidator buys Mainstay Insurance, a commercial broker headquartered in Hove.
Fresh founder Lisa Powis awarded BEM in New Years Honours List
In addition, Johnny Timpson, previously the government’s disability access ambassador for the insurance and banking sectors, was made an officer of the Order of the British Empire.
Markerstudy buys BGL Insurance
The transaction is expected to complete during the first half of 2022 and follows hot on the heels of Markerstudy's deal for Lloyd's broker Clegg Gifford.