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SRG launches new wholesale brand as Miles Smith, TUE and other names exit
As Specialist Risk Group rolls together four brands under a new name, Insurance Age quizzes Kevin Coomber and Earl Adams, managing directors of SRG Global Risk Solutions, about the move.
Beazley addresses rise in AI-related cyber threats with new endorsement
Beazley has launched an AI ‘clarifying endorsement’ for its cyber product, which it claims will offer clients peace of mind as to how AI-related cyber attacks are addressed within their existing cover.
Aviva updates financial lines products to make them ‘more relevant’
Aviva has refreshed its management liability proposition, claiming it has introduced broader protection, greater flexibility and clearer policy wording to help businesses respond to changing risks and challenges.
AI a growing competitive threat to UK commercial brokers, survey reveals
UK commercial brokers are increasingly recognising artificial intelligence as a competitive threat, according to a new survey.
International insurer names third UK CEO in nine months
Sompo International has announced that Nicolas (Nic) Berg is to take over as CEO of its UK insurance business, effective 1 October, subject to regulatory approval.
Sign up now for Broker Expo, the UK’s leading one-day event for insurance brokers
Powered by Insurance Age, Broker Expo is the UK’s premier one-day event for the insurance broker community – and it is only three weeks away.
Broker opens ninth UK office with Bristol branch
Top 100 broker Verlingue has opened in Bristol, its ninth UK office location.
Bridgehaven signs capacity deal with Mission MGA
Hybrid insurer Bridgehaven Specialty UK has announced a strategic partnership with Amulet Real Estate, the newly established managing general agent, to underwrite a portfolio of specialist commercial property and liability insurance.
Aviva targets £20m GWP plus opportunities with MGA fronting launch
Aviva has officially launched its new MGA hybrid fronting proposition through its dual platform Global Corporate & Specialty business.
HDI gets approval for new Lloyd’s syndicate
HDI Global UK & Ireland has received approval in principle from Lloyd’s to establish a new Lloyd’s syndicate.
McGill & Partners sells majority stake to EQT for £1.5bn
Private equity house EQT has entered into a definitive agreement to acquire a majority stake in McGill and Partners from Warburg Pincus for $2.0bn (£1.48bn).
Two new MGAs launched targeting non-standard household
Caledon Group has launched two new MGAs in the UK and Ireland specialising in home insurance for non-standard household risks that fall outside what it describes as “standard insurer appetite”.
Podcast: Reid and Clegg present Double Indemnity – episode 14, John O’Roarke and Phil Bunker
Former LV and Churchill managers John O’Roarke and Phil Bunker join Stuart Reid and Toby Clegg for the latest episode of the Double Indemnity podcast series.
Podcast: Reid and Clegg present Double Indemnity – episode 13, CII’s Matthew Hill
In the latest edition of Insurance Age’s Double Indemnity podcast show, Matthew Hill, CEO of the Chartered Insurance Institute, shares his journey to the sector from the civil service through regulation roles, and sticks his neck out on why he believes…
Podcast: Reid and Clegg present Double Indemnity – episode 12, Cameron Specialty’s Tom Kirkland
MGA entrepreneur Tom Kirkland joins Stuart Reid and Toby Clegg for the latest episode of the Double Indemnity podcast series.
Amiga broadens financial lines offering
Amiga Specialty has launched a pension trustee liability run-off and overlooked beneficiary insurance offering, further expanding its specialist financial lines appetite.
Lockton raids Howden for head as it launches Manchester real estate offering
Lockton has launched a regional real estate offering in Manchester led by former Howden head of wholesale business development Bob Birtwell.
All-female MGA cyber team launches supply chain extension
Rokstone’s new Athena Cyber division has launched a customer and supplier supply chain disruption extension.
Podcast: Reid and Clegg present Double Indemnity – episode 11, Vivek Banga of Polaris
Vivek Banga, managing director of Polaris, is the next guest in Insurance Age’s Double Indemnity podcast series.
Admiral profits back 18% as CEO describes market as “more challenging”
The UK’s largest personal lines insurer Admiral has reported an 18% decline in group profit before tax to £429.2m (H1 25: £521m) in its half year results today.
IFED warns of identity data theft risk in crash for cash escalation
The Insurance Fraud Enforcement Department has warned scammers are using ever more aggressive tactics in crash for cash fraud, with a growing threat of identity theft.
Chubb extends PI to Acturis
Chubb has added its professional indemnity insurance product onto Acturis.