Hiscox grew gross written premiums across its SME and personal lines books in the UK by 2.4%, stripping out the effect of currency exchange, to $793.8m (£625.7m) in 2023.
Lloyd’s has admitted it has a “way to go on [its] culture journey” after hitting its short term target for 35% of leadership positions (+3 percentage points) to be filled by women set in 2020.
Flood Re has become the first public body to join the British Insurance Brokers’ Association.
Advantage Financial Services, a bond and insurance broker specialising in the travel sector, has acquired Cork, Bays & Fisher from Kingfisher Insurance Services.
Lonmar Global Risks, part of Bridge Specialty International, has acquired the renewal rights for a bloodstock portfolio from Norwich-based St Benedicts.
JM Glendinning Insurance Brokers has purchased Birmingham-based Madoc & Rhodes, adding to its growing portfolio.
Following his appearance on last week’s episode of BBC’s The Apprentice, Insurance Age caught up with Adam Moss from Allianz to talk through the insurer’s role in the latest challenge in which the teams had to launch a Formula E brand – and sell sponsorship.
In the final instalment of a three-part series on broker M&A, Phil Broadbery, a partner and head of PKF’s technology team, examines some of the most common IT and data-related pitfalls that broker leaders should look out for during the acquisition process.
Aviva has signed up to buy all of Probitas for £242m, signalling a return to the Lloyd’s market.
Property and fleet rates remain stubbornly high as shown by the latest Q4 figures from the Acturis Commercial Lines Index, Rachel Gordon reports.
Against a backdrop where the Financial Conduct Authority has warned the cyber insurance market over its concerns on policy wordings, a recent survey has found over one-third of brokers are still not selling this product. Siân Barton mulls whether a raft of new entrants and insurer education drives might change things.
Sustain’s founder Jonathan Evans aims to make a difference to environmental, social and corporate governance in the broking space.
Tint Financial Services is targeting going live with broking before the end of the year with the goal of becoming an award-winning broker, chief commercial officer Jodi Cartwright has confirmed.
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