Articles by Insurance Age staff
Konsileo continues to scale as revenue jumps 75% to £7m in 2023
Top 100 insurance broker Konsileo’s parent company has reported a loss of £3.06m (2022: £1.73m loss) for the financial year ending 31 December 2023 on higher turnover of £7.05m (2022: £4.02m).
Obituary: David Slade, 19 February 1944 - 4 October 2024
The much respected and revered broking figure David Slade, a past winner of the UK Broker Awards Achievement Award and launch chair of the Faculty of Insurance Broking, has passed away aged 80.
Beazley targets financial institutions with combined cover consortium
Specialist insurer Beazley has launched a new consortium providing combined civil liability, crime/fraud and cyber cover for financial institutions.
Markerstudy confirms 750 job cuts after Atlanta buy
Markerstudy has confirmed that around 750 jobs will be cut following the £1.2bn acquisition of Ardonagh’s personal lines business.
Mission notches up 25th MGA partner with Carrow launch
A new warranty, accident and health MGA Carrow is set to launch with the backing of Mission Underwriters.
Lebecq to join Miller after SRG exit
Miller has appointed Clare Lebecq as chief operating officer following her departure from Specialist Risk Group in September.
FCA launches review into premium finance “fair value” and barriers to competition
The Financial Conduct Authority has launched a review, known as a competition market study, to see whether people who borrow to pay for motor and home insurance are receiving fair, competitive deals.
Government announces motor insurance task force to tackle “spiralling costs”
The Government has announced a new cross-government motor insurance task force, supported by industry experts, to tackle what it claims is “the spiralling costs of car insurance”.
Energy MGA Volt powers up
Volt Underwriting, a London-based MGA formed to support clients active in the energy transition sector, has launched with initial capacity of $25m (£19.14m) for international and US onshore power and renewable energy risks.
My Insurance Downtime: Winn Group’s Mark Pallas
Mark Pallas, associate director and head of business development at Winn Group, offers us a window into his life outside of insurance, including how his ‘mam’s housework playlist’ informs his music tastes today, his love of boxing and why a family Sunday…
Anscombe, Thomas Carroll and Konsileo among the winners at UK Broker Awards 2024
Thomas Carroll Group scooped the Broker of the Year award, and Seventeen Group CEO Paul Anscombe won the Achievement Award, at the UK Broker Awards last night in Birmingham.
Sign up now for Broker Expo in Birmingham tomorrow
Insurance Age’s Broker Expo – free to attend for brokers – is kicking off tomorrow at Birmingham NEC, don’t miss out and sign up today.
Underinsurance: how big is the problem and what can brokers do to solve it?
Inaccurate buildings sums insured are one of the biggest causes of claims disputes, creating problems for policyholders, brokers and insurers.
Top 100 UK Brokers 2024: Full table listing
Insurance Age is delighted to share its 2024 Top 100 UK Broker rankings supplied by Insuramore and sponsored by Open GI.
Video Q&A: Open GI director of brokers and MGAs Nick Giddings
In the run-up to Broker Expo on Thursday this week, Open GI director of brokers and MGAs Nick Giddings spoke to Insurance Age content director Jonathan Swift about how software partners can help brokers get to grips with new technologies such as GenAI.
Top 100 UK Insurance Brokers 2024: Q&A with Open GI CEO Simon Badley
Simon Badley, the CEO of Open GI, the sponsor of the UK Top 100 Insurance Brokers 2024, reflects on the changing market, and how his company can help intermediaries navigate opportunities for further growth in the future.
Top 100 UK Insurance Brokers: Methodology
Insuramore possesses a detailed knowledge of the global (and UK) insurance broking market resulting from rankings that it publishes annually of the top 300 such groups according to their worldwide revenues, with 2023 the most recent (see www.insuramore…
Saga confirms talks with Ageas over insurance “partnership”
Saga has today confirmed it is in discussions with Ageas with “regard to a potential partnership arrangement for its insurance business”.
Gallagher promotes Collings to new chief broking officer exec role
Gallagher has promoted Simon Collings to a new executive role, chief broking officer, reporting to Michael Rea, CEO of Gallagher in the UK.
Video Q&A: Bravo Networks development director Kevin Westcott
With Broker Expo just over a week away, Bravo Networks development director Kevin Westcott spoke to Jonathan Swift about why data is such a crucial aspect of embedding the right placement strategy for brokers.
Kingfisher creates new motorsports arm following broker buy
Kingfisher Insurance Services has acquired MIS Motorsport’s commercial business in the UK and Ireland.
Ageas adds to distribution team with double senior hire
Ageas UK has strengthened its broker and partner distribution team with a double appointment.
Video Q&A: Geo Underwriting CEO Jaime Swindle
In the run-up to Broker Expo next week, Geo Underwriting CEO Jaime Swindle spoke to Insurance Age content director Jonathan Swift about why the business has a different look and feel today than in the past.
NBS seals SME capacity deal with Hadron UK
NBS Underwriting has added Hadron UK Insurance to its insurer panel, effective 1 October.