Articles by Ida Axling
Aviva grows UKGI commercial lines premium by 10%
Overall premiums remain flat after the provider continues to shrink its personal lines business, as Aviva also revises its expected impact from Covid-19 related claims to around £100m.
JM Glendinning hits acquisition trail after MBO
Group CEO Nick Houghton discusses how the deal with Synova Capital came about and reveals ambition to grow JMG's GWP from £45m to £200m in the next five years.
PIB expands into Poland with fresh deal
The business says it plans further growth in its European operations as it buys Polish broker WBD.
JM Glendinning management completes MBO backed by Synova Capital
PE firm to support organic growth and acquisition plans as JMG aims to grow four-fold in five years, with former Stackhouse Poland boss Tim Johnson joining board as Jeremy Cary becomes an adviser.
End of an era as Jon Newall leaves Lockyers
Newall exits after 25 years with the broker which was sold to Ethos in 2018.
Society of Insurance Broking warns of a "perfect storm" of challenges
The professional body says communication will be key to help brokers through the pandemic and hardening market.
CMA fines ComparetheMarket £17.9m
The watchdog says the comparison website breached competition law by using clauses prohibiting home insurers to offer lower prices on other aggregator sites, resulting in higher premiums.
Ardonagh reveals 14.4% growth in adjusted Ebitda
The business says it has a "robust forward-looking pipeline" after making five deals in Q3 2020.
Daulby Read reveals deal-making plans
MD Peter Goddard tells Insurance Age about the firm's mission to keep broking "at the heart of the community" and discusses its recent purchase of Townsends Insurance Brokers.
Hastings sale to Finnish/South African consortium completed
Takeover, which valued the business at £1.66bn, sees Hastings delist from the London Stock Exchange.
SSP confirms system disruption as brokers struggle to access Pure Broking
Software house says the situation is being investigated by engineers and is a "top priority".
Aon seeks European Commission approval for $30bn WTW deal
The EU watchdog is to make a decision by 21 December 2020.
Aston Lark buys two brokers from Risk Alliance Group
Risk Alliance in Bingley and Belfast-based Risk Alliance International bring a combined GWP of £12m to Aston Lark.
Ardonagh Specialty reshuffles management team
Broker makes series of promotions as it revamps its top team.
Lloyd's to review the future of its underwriting room - report
The market says underwriting room is "here to stay" as the Daily Mail reports that a consultation next year could see the room scaled back.
Intact secures billions in funding as RSA sale talks forge ahead
If a firm offer is made Intact will buy RSA's Canadian and UK & International operations.
RSA launches FNOL commercial claims portal
Provider says new platform had been built in collaboration with brokers and designed to simplify the claim reporting process.
Arch unveils UK regional marine hull and machinery product
Offering was designed exclusively for fleets and single vessels operating throughout inland and coastal waters of the UK and Western Europe.
Rate hardening expected to speed up insurance sector recovery from pandemic recession
Swiss Re chief economist says the insurance industry is more resilient than expected, while the global economic outlook remains fragile.
Syndicate 1991 to go into run-off
The Lloyd's syndicate will stop writing business on 31 December in another loss for the liability market.
Brokers hope "inevitable" RSA sale will inject new life into the "sleeping monolith"
Some brokers expect potential deal to re-energise RSA, while others criticise the provider's "poor performance" and predict an uncertain future for its UK operations.
British Engineering Services launches new inspection product on Acturis
The product has been tailored to meet the needs of motor garages and farms.
Orient Express named as "main battleground" ahead of BI test case Supreme Court hearing
The hearing in the FCA's business interruption test case starts on 16 November and will be heard by the same judges that oversaw the Orient Express case, which insurers have been relying on during the court proceedings.
NFP buys Birmingham-based broker
The US-headquartered business adds commercial broker ER Shaw to its stable.