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Travel insurance broker goes into liquidation

Michael Pettifer Insurance Brokers, trading as MPI Brokers, went into creditors’ voluntary liquidation on 21 November, the Financial Conduct Authority has confirmed.

By Emmanuel Kenning

End of Year Review 2025: Crawford & Co’s Glenn Thornton

Glenn Thornton, head of major and complex loss at Crawford & Company, says farewell to two insurance icons in ‘Royal’ and ‘Sun Alliance’; hails the youngest deputy president CILA has ever had in Marsh’s Melissa Cunningham; and predicts AI driven dynamic valuation could be the key to finally beating underinsurance.

By Insurance Age staff

Caravan Guard profits soar as turnover up double digits

Caravan Guard grew profit by over 40% in the year ended 31 March 2025 as turnover rose 21%.

By Emmanuel Kenning

Cardiff regional review: Competition not exterminated by consolidation

Insurance experts in Cardiff outline the diversifying businesses in the media and sporting hub city, and highlight the competitive nature of the market with one broker per village on the outskirts.

By Rosie Simms

Deloitte forecasts home insurers will slide back to losses in 2026 after profits in 2025

UK home insurers are set to make an underwriting profit in 2025, with a net combined ratio of 98%, but will swing back to losses next year with an NCR of 102.1%, according to Deloitte.

By Emmanuel Kenning

Chubb to reduce global headcount by 20% through digital transformation

Chubb has estimated its digital transformation programme will reduce its global headcount by circa 20% within 3-4 years.

By Insurance Age staff

Q&A: Grove & Dean’s Michael Lawrence

Michael Lawrence, distribution and underwriting director at personal lines specialist Grove & Dean, spent 34 years at LV general insurance in its various guises before jumping the fence in 2024.

By Emmanuel Kenning

FCA warns of Essex broker clone

The Financial Conduct Authority has warned of a clone claiming to be Essex-based Ignite Insurance Brokers.

By Rosie Simms

Premium Credit adds three more brokers on back of Close pull out

Premium Credit has struck deals with Riviera Insurance, Principal Insurance, and Bedford Insurance Group after Close Brothers decided to pivot away from personal lines to commercial.

By Emmanuel Kenning

Insight

Podcast: Reid and Clegg present Double Indemnity – episode six, Admiral’s Henry Engelhardt

For the sixth episode of Double Indemnity, Stuart Reid and Toby Clegg sit down with the Admiral CEO Emeritus Henry Engelhardt, who offers insights into why a “can do” and “think big” attitude, alongside deliberately targeting drivers paying higher premiums was such a recipe for success at the insurer he co-founded.

By Insurance Age staff

Stuart-Reid,-Henry-Engelhardt-Toby-Clegg

No punching the air, just a sense of relief – broker leaders on ex-employee fraudster being jailed

On 20 November this year ex-Invicta Insurance Services employee Leon Price was sentenced to a total of five years and three months in prison for stealing over £133,000. The broker's managing director Tigi Singhateh and operations director Adrian Best detail the investigation that brought their former colleague to justice.

By Emmanuel Kenning

With Brewis and Mills gone, what can brokers expect from the FCA in 2026?

Compliance experts are hoping for a slowdown and simplification of rules from the Financial Conduct Authority throughout 2026 following Matt Brewis and Sheldon Mills exit from the regulator. Rosie Simms reports.

By Rosie Simms

Q&A: Paul Anscombe, retiring CEO of Seventeen Group

After over 40 years as a broker, Paul Anscombe is retiring from Seventeen Group this month. Ahead of his exit he shares his reflections on growing businesses from scratch, leaving the group in safe hands and why he is optimistic for the sector.