Articles by Ida Axling
Keychoice teams up with NIG on commercial vehicle policy
NIG has also added two new products on SSP's commercial e-trading platform.
CFC buys InsurTech start-up ThreatInformer
MGA says ThreatInformer's data enrichment technology will help it improve key activities in the underwriting process.
Searchlight believed to be final party in discussions with GRP – reports
GRP has been exploring sale and reinvestment options since last summer.
Zurich-owned N&G buys marine trade book from NMU
The book of business will be transferred to N&G at renewal and NMU marine trade underwriters will move across as part of the deal.
Tony Allen reveals expansion plans for Markerstudy-backed MGA
The former A&A broker boss, who set up Insenture Underwriting last year, discusses his new venture alongside his son Lloyd Allen.
Bewica launches cyber portal for SMEs
New offering is free for Bewica's brokers to use and assesses customers’ susceptibility to the top cyber risks that SMEs face including phishing attacks, password interception and website attacks.
Sir Adrian Montague to leave Aviva in 2020
The search for a successor is underway.
CMA urges regulators to put "strong remedies" in place to end loyalty penalty
Government body welcomes the FCA's proposition to ban dual pricing as it publishes update a year on from the Citizens Advice super-complaint.
Hyperion reveals £300m spending pot and multiple deal wish list
CEO David Howden says revenue and GWP increases for 2019 were driven by organic growth as the broker reveals it is looking at 20 acquisition targets.
FSCS levy hike reignites call for separate broker pot
Expected broker levy rose to £23m for 2020/21 after spike in PPI complaints.
Markerstudy forced to go "on hiatus" for new quotes in commercial lines
Group commercial director Gary Humphreys says MGA is in talks with two potential providers after it was asked by backer QIC to find alternative capacity for its commercial SME book.
Pukka temporarily suspends trading
Motor MGA has reached its capacity limit with providers, according to a report.
FSCS hikes broker levy up by £11m for 2020/21
Organisation says indicative levy for general insurance distribution is £23m and publishes Plan and Budget for the next financial year as total levy goes up by £87m.
RSA e-trading director exits
Move comes as RSA restructures its UK business after creating a unified commercial division.
Gefion ordered not to expand its scope of business
The Danish regulator says the unrated provider has “serious liquidity problems” as Gefion says it is in progressed discussions with potential capacity providers.
Jon Hancock to exit Lloyd's
Hancock is set to step down in 2020 after three years at the insurance market.
Juliet Williams joins Biba
Williams, previously group SME director at Circle Insurance Services, will take on area manager role at the broker trade body.
Former FCA insider develops compliance platform for brokers
Industry veteran Michael Sicsic partners with Governor Software to help brokers and insurers digitalise key compliance processes in a changing regulatory environment.
Capsicum Re targets further growth following Gallagher takeover deal
Gallagher's UK boss Simon Matson addressed last year's "unfortunate" Gallagher v Ardonagh court case for the first time as he discussed the broker's full acquisition of Capsicum Re alongside CEO Rupert Swallow.
Gallagher completes 100% Capsicum Re ownership deal
Business was founded in 2013 by Grahame Chilton and Rupert Swallow through a strategic partnership with Gallagher.
GRP buys Birrell Group to create Midlands hub
Broker becomes GRP's eighth major hub and will retain its brand, with all staff remaining with the business.
BHIB launches new insurance broker
Create Insurance provides cover for freelancers, with GI policies underwritten by Hiscox.
Danish regulator orders Gefion to correct information
Gefion has disagreed with the decision, as the regulator points to issues with one of the provider's reinsurance contracts.
Finch buys Richmond-based Shene Insurance
Ethos-owned broker has now made ten deals in the last three years.