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Broker Expo 2024: Brokers urged to focus on claims to grow successfully

Brokers can easily get pulled into a ‘downward cycle’ which will thwart growth plans if they fail to manage their claims process.

By Saxon East

Broker Expo 2024: Education part of solution to cyber cover confusion

By Rosie Simms

Broker Expo 2024: Biba encouraged by ‘step-change’ in FCA’s approachability

By Scott McGee

Broker Expo 2024: Talent shortage threat to market

By Rosie Simms

Third quarter of car insurance price falls – WTW/Confused

Comprehensive car insurance premiums have now dropped year-on-year after a third consecutive quarterly fall in prices, according to the latest findings by WTW and Confused.

By Emmanuel Kenning

Broker Expo 2024: Education part of solution to cyber cover confusion

Specialist insurers can provide cyber cover expertise and training to brokers to build confidence, according to experts at the Broker Expo 2024 in Birmingham.

By Rosie Simms

Chubb launches construction industry practice

Chubb has launched a construction industry practice in the UK and Ireland ready to trade locally with brokers across its branch network as it also unveiled a new product for the sector.

By Emmanuel Kenning

Energy MGA Volt powers up

Volt Underwriting, a London-based MGA formed to support clients active in the energy transition sector, has launched with initial capacity of $25m (£19.14m) for international and US onshore power and renewable energy risks.

By Insurance Age staff

Anscombe, Thomas Carroll and Konsileo among the winners at UK Broker Awards 2024

Thomas Carroll Group scooped the Broker of the Year award, and Seventeen Group CEO Paul Anscombe won the Achievement Award, at the UK Broker Awards last night in Birmingham.

By Insurance Age staff

Ardonagh completes PSC buy

Ardonagh has closed the deal for PSC Insurance Group in a move which includes bolstering its advisory business with a Top 100 UK broker.

By Emmanuel Kenning

Broker Expo 2024: Biba encouraged by ‘step-change’ in FCA’s approachability

Head of regulation for the British Insurance Brokers’ Association David Sparkes told delegates at Insurance Age’s Broker Expo yesterday that he is encouraged by the fact that the Financial Conduct Authority is being more receptive to feedback.

By Scott McGee

Broker Expo 2024: Talent shortage threat to market

A panel of insurance leaders at Broker Expo 2024 in Birmingham has highlighted a shortage of talent as one of the biggest threats to the industry to solve together.

By Rosie Simms

Insight

High Net Worth – is it really high noon for MGAs in upmarket personal property?

With Munich Re (GrovesJohnWestrup) and Allianz (Home & Legacy) putting mid- and high-net-worth MGAs into run-off in the last 18 months, is this distribution model failing to connect with these customers? Ed Murray explores these developments and others in the upmarket personal property sector.

By Ed Murray

Claims – are brokers confident in insurers, MGAs and TPAs to deliver at the moment of truth?

Both the Financial Conduct Authority and Financial Ombudsman Service have recently highlighted issues around insurers and managing general agents outsourcing claims to third party administrators. Siân Barton examines whether brokers hold similar concerns – and what trends they are seeing in terms of level of service in the current market.

By Siân Barton

Broking Success: Galloping forward with Harry Hall

Liz Hopper, managing director of equine specialist Harry Hall and CEO of the group holding company, aims to double gross written premiums in the next 24 months and broaden the product offer.

By Rosie Simms

Interview: Coalition’s Tom Draper on doubling in cyber with brokers

Cyber specialist insurer Coalition has grown to 32 people in the UK working with over 5,000 insurance staff in brokers across the country since going live in 2022, and is looking to expand again with a network of regional underwriting hubs, according to UK head of insurance Tom Draper.