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Allianz confirms broker commitment amid job losses
Allianz has promised no disruption to the way it serves brokers and reiterated its long-term commitment to the sector as it goes through the process of cutting 650 jobs in the UK.
Car premium drops continue as prices hit two-year low
Comprehensive car insurance premiums fell by 3% in the last three months, taking the annual decline to 16%, according to research by Confused and WTW.
Folgate ramps up e-trade limit for landlords products
Folgate Underwriting has extended its landlords Acturis and extranet e-trade products to plug the e-trade gap with sums insured up to £20m.
Specialist MGA seals new liability capacity across three business lines
Specialist MGA Avid Insurance has partnered with insurer Starr to access fresh underwriting capacity.
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.
Allianz confirms 650 job cuts in UK
Allianz is to cut 650 jobs in the UK, just over 10% of its workforce, by the end of 2025.
Clear strikes deal for Surrey-based CR Toogood & Co
Clear Group has bought £14.5m gross written premium commercial broker CR Toogood & Co.
Aviva launches Accept Quote functionality in mid-market push
Aviva has launched its Accept Quote functionality with brokers now able to accept regionally traded mid-market new business quotes and hold cover at the touch of a button.
Liberty Specialty Markets creates director of UK retail role in restructure
Liberty Specialty Markets has named Dermot Walsh, currently head of commercial property, as director of UK retail.
Insight
Interview: Emma Rawlinson, CEO of Markerstudy Distribution
After four job titles in just 12 months, Markerstudy Distribution CEO Emma Rawlinson tells Insurance Age about what comes next on brands, growth, acquisitions and more for the multi-billion-pound business as the Atlanta integration proceeds at pace.
Broking Success: One team
James Godsall, managing director of generalist broker Jukes Insurance, on bringing teams together and maintaining a high street-type presence while moving the broker to 50/50 commercial and personal lines.
Interview: Keith Hector, Covéa
Keith Hector, commercial lines director at Covéa, looks to make e-trade limits more flexible, highlights “buoyant” schemes business, and teases new products as he targets £200m GWP in 2025.
The stats: Q1 2025 sees commercial rates flattening, as experts predict market softening
Property owners and fleet premiums continue to rise but at a slower pace, while combined liability rates dip into negative figures in Q1 2025, according to the Acturis Commercial Broking Index. Ida Axling reports.
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