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PIB ends sales talks and reveals £400m debt raise
PIB Group has confirmed the end of “recent acquisition conversations”, drawing a line under the sales process with the comment that it is “appreciative of the attention it has received in the market”.
Alan Boswell crowned Broker of the Year at 2025 BIAs
Alan Boswell Group won Broker of the Year at the 2025 British Insurance Awards last night (9 July).
Premium Credit open for business after Close Brothers broker and personal lines cuts
Premium Credit has confirmed it is “there to support any distribution partners”, following competitor Close Brothers pulling back on personal lines premium finance lending and exiting up to 120 broker relationships.
Allianz confirms Graham Stait as director of UK markets following Carey exit
Allianz Commercial has confirmed Graham Stait as director of UK markets, after holding the role of director of mid-market on an interim basis since August 2024.
Interview: Georgina Davis, head of regional market for the Midlands, South West and Wales at Zurich
In her first interview since taking up the post of head of regional market for the Midlands, South West and Wales at Zurich, Georgina Davis tells Insurance Age about the goal of smashing the 30% growth target and her route to the “coming home” role.
Liberty moves into HNW market
Liberty Specialty Markets has launched into the UK high-net-worth market, expanding on its fine art and specie offering.
Petchey: “Strong demand” in schemes gives Markel opportunity to diversify
Mike Petchey, head of schemes at Markel, is seeing “strong demand” in the market, highlighting the number of possibilities when it comes to schemes is enormous.
JMG strikes 50th deal
JMG Group has completed its 50th acquisition since its 2020 management buyout, snapping up London-based Profile Insurance Services.
Close Brothers to cut broker relationships in personal lines pull back
Close Brothers has confirmed it will exit some broker relationships over the next year as it pivots away from personal lines premium finance to focus on commercial business.
Insight
Interview: Brendan Devine, CEO of Atec Group
In his five years as CEO of Atec Group Brendan Devine has led the business to more than double policy numbers and profit organically, now having struck its first acquisition buying Moorhouse last month he explains how it will triple in size over the next five years.
Interview: Superscript CEO Chris Barclay
Newly appointed Superscript CEO Chris Barclay tells Jonathan Swift about its plans to enter motor, reduce the number of insurers it works with and treble in size to over £100m GWP after shaking off its insurtech tag to become a truly digital insurance broker.
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.
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