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Allianz names Phuong Ly as UK commercial lead after Côté departure

Allianz Commercial has appointed Phuong Ly from Allianz Australia as managing director for the UK, starting in the post on 3 April succeeding Nadia Côté who left for RSA last year.

By Emmanuel Kenning

Strong solvency means insurers have capacity for M&A, says Fitch

There is surplus capital available for UK insurers to take advantage of any mergers and acquisitions opportunities, according to Graham Coutts, senior director for EMEA Insurance at Fitch Ratings.

By Emmanuel Kenning

Home insurance premiums drop 2.2%

The average quoted price of home insurance fell by 2.2% in the last three months of 2024, according to the latest research from Consumer Intelligence.

By Emmanuel Kenning

New analysis: A short history of broker rebrands as Ardonagh bins ‘Towergate’

Yesterday Insurance Age revealed that Ardonagh Advisory is to become Everywhen, with the long-standing brand Towergate among those disappearing. Jonathan Swift takes a look at other post-2000 broker rebrands for pointers as to whether it might be successful or not.

By Jonathan Swift

Business Property Relief changes – mitigating the impact on owner-managed brokers

In the first of a three-part series focused on the fallout from the 2024 Labour Budget, Stephen Kenny, head of private client at PKF Littlejohn, outlines the changes to Business Property Relief and how broker-owners should consider responding.

By Stephen Kenny, head of private client at PKF Littlejohn

People Moves: 20 – 24 January 2025

Keep up to date with the latest insurance industry personnel moves.

By Rosie Simms

SRG doubles headcount and gets new investor with ‘transformative’ acquisition

Specialist Risk Group has expanded into mainland Europe with the acquisition of German broker Ecclesia’s assets in Belgium and the Netherlands.

By Insurance Age staff

PIB files employment lawsuit against Howden

PIB Group and its managing general agent Acquinex have filed legal proceedings against Howden Group, Dual International, and four individuals in the High Court.

By Rosie Simms

FCA issues restrictions on Scottish broker because of personal lines premium concerns

The Financial Conduct Authority has taken action to stop Arthur Temlett, trading as Abacus Insurance Consultants, from carrying out any regulated activities, including acting as an insurance broker.

By Emmanuel Kenning

Insight

Analysis: Fortune favours the bold – Is 2025 a ‘golden opportunity’ to join the M&A bandwagon?

With deals at an all-time high – but shrinking in size – and with the established consolidators becoming more picky, could 2025 be the perfect time for smaller brokers to start buying? Jonathan Swift mulls the hypothesis.

By Jonathan Swift

Premium finance: industry welcomes Supreme Court appeal and hopes for clarity

As evidenced by differing actions by premium finance specialists in recent months there are differing views in the market, but the hope remains that a Supreme Court case on motor finance, to be heard on 1-3 April, can help to bring clarity.

By Emmanuel Kenning

CEO Dave Clapp sets £400m target for The Broker Investment Group

The Broker Investment Group is aiming for 10 deals this year and double-digit organic growth to help reach its new target of £400m of gross written premium by the end of 2028, Insurance Age can reveal.

By Emmanuel Kenning

Analysis: As we enter 2025 let’s ask one big question: ‘What will Marsh do next?’

Gallagher, Aon, Ardonagh and Howden have all had a busy 12 months in terms of consolidating their positions within the UK’s top five insurance brokers table. Their fellow intermediary powerhouse Marsh, however, has been comparatively quiet. Jonathan Swift considers whether this is likely to change any time soon.