Insight
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.
Review of the year: Covéa's Sue Coffey
Coffey discusses how the industry has risen to the challenge and worked together to navigate a difficult period while preparing for "significant" changes in regulation.
Insurance Age year in review- Steve Molloy
Steve Molly of AX reviews the year so far and tells Insurance Age what 2022 might look like.
Year in Review: Ross Barrington, Markerstudy
Ross Barrington, managing director of Markerstudy, stressed the importance of teamwork throughout the pandemic and talked about how the industry prepared for next year's pricing reforms.
Blog: Industry trends to look out for in 2022
Adrian Saunders, commercial director at Ecclesiastical Insurance, shares his predictions for the broker market in 2022.
Year in Review: Seàn Kemple, Close Brothers
Close Brothers MD Seàn Kemple reflects on the challenges brought on by 2021 and discusses the implications of the hard market for the broker space.
Year in Review: Arch's SVP, Mike Bottle
Mike Bottle, SVP, strategy & distribution of Arch Insurance UK regional division, looks back on 2021 and talks about the lessons he learned this year.
Review of the year: RSA's Kevin Demmon
RSA's London Market property director discusses the biggest challenges the insurance market has faced in 2021 and what he has learned from them.