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Thomas Carroll grows turnover and profit in inaugural EOT year
Thomas Carroll Group boosted turnover by 7.1% to £15.61m in 2024, with profits also rising in its full first year as an employee ownership trust.
Cowens looks for growth in challenging market
Mark Wilson, managing director of Cowens, has targeted 15% growth in the next year but highlighted the soft market and wider economy challenges, with acquisitions not ruled out.
Hiscox launches cargo API
Hiscox has launched a cargo application programming interface-based solution, available through broker partners for underwriting small cargo and stock throughput risks.
Ardonagh closes latest $2.5bn investment round
The Ardonagh Group has today completed a $2.5bn (£1.83bn) equity investment led by funds managed by Stone Point Capital, the US-based private equity firm.
Starpeak renews binder with Axa XL’s UK and Lloyd’s business
Digital distributor of specialist insurance products, Starpeak, has renewed its binder arrangement with Axa XL’s UK and Lloyd’s business, marking the 10th year of the partnership.
Ripe tops £20m turnover in 2024
Manchester-based digital managing general agent Ripe grew turnover by 15.7% in 2024 to £20.6m.
NFP moving from Applied to Acturis in UK
NFP is leaving Applied Systems for Acturis in the UK, managing director of commercial insurance at NFP Europe John Paul Allcock has revealed to Insurance Age.
French broker opens in the UK as it approaches 180 year anniversary
French insurance broker Filhet-Allard Maritime has expanded into the UK opening a London office.
Biba launches AI guide to help members
The British Insurance Brokers has launched a new guide, sponsored by Markel, to help members understand how artificial intelligence might be beneficially incorporated into their business.
Insight
Blog: Counting up the commercial longevity
Which is longer: the average tenure of a FTSE 100 CEO or that of a commercial insurance leader? Emmanuel Kenning calculates the numbers and finds a surprisingly short job-title occupancy in the sector.
Lycetts to invest more in technology, with opportunities in softening market – Barclay
Ian Barclay, CEO of Lycetts, told Insurance Age the broker is investing in technology whilst keeping face-to-face relationships with clients, as he sees opportunities in a softening market.
Interview: Emma Rawlinson, CEO of Markerstudy Distribution
After four job titles in just 12 months, Markerstudy Distribution CEO Emma Rawlinson tells Insurance Age about what comes next on brands, growth, acquisitions and more for the multi-billion-pound business as the Atlanta integration proceeds at pace.
Broking Success: One team
James Godsall, managing director of generalist broker Jukes Insurance, on bringing teams together and maintaining a high street-type presence while moving the broker to 50/50 commercial and personal lines.
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