Articles by Insurance Age staff
TBIG takes majority stake in £14m GWP broker
The Broker Investment Group has taken a majority shareholding in JPM Group, the holding company for BEAM Insurance Solutions, which operates at The Waterfront in Brierley Hill.
Markerstudy Distribution CEO Donaldson unveils top team
Markerstudy Distribution has confirmed its top team under CEO Ian Donaldson following the completion of the Ardonagh personal lines deal at the end of June.
FCA fines and bans broker who failed to pass premiums on to insurers
The Financial Conduct Authority has imposed a financial penalty of £5,021 and banned an insurance broker from performing any function in relation to any regulated activity carried on by any authorised person, exempt person, or exempt professional firm.
Partners& secures new debt facility to help drive growth
Partners& has secured a £20m debt facility with Santander UK to help it continue its organic and acquisitive growth.
30% premium growth sees Aviva UK&I PL arm overtake commercial at HY 2024
Aviva has reported that its UK & Ireland premiums increased 18% to £3,809m in the first six months of 2024 (HY23: £3,219m) with strong growth across all business lines, especially personal.
Hiscox rolls out Google-backed AI model to all brokers
Hiscox has today announced that it is rolling out its AI-enhanced lead underwriting model to all of its London market brokers after a successful proof of concept.
AM Best takes rating action following Accredited acquisition
AM Best has removed from under review with developing implications and affirmed the Financial Strength Ratings of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent) of Accredited.
Meet the MGA: Altea
Carly Matson, CEO of Altea Insurance, outlines how her MGA is helping healthcare professionals and organisations fulfil their insurance requirements against a backdrop of hard rates and frustrations around regulation/licensing.
Allianz’s Hobbs, Arch’s Peters, Aviva’s Martin and Zurich’s Nichols to join panel at Broker Expo 2024
Insurance Age is delighted to reveal the first panel at the Broker Expo 2024 and it has a lot of insurer star power.
UK Broker Awards 2024 shortlist announced
Today Insurance Age can reveal the shortlist for the 2024 UK Broker Awards.
My Insurance Downtime: Clear Group’s Dawn Dalby
Clear Group’s Dawn Dalby offers us a window into her life outside of insurance including her addiction to Married At First Sight, becoming a fan of Jeffrey Archer during jury service when 19 and a preference for winter comfort food.
Insurance broker exits Love Island villa
Trey Norman, commercial insurance broker at One Call, has left the Love Island villa exiting after less than a fortnight on the show.
SRG bolsters equestrian expertise with Carriagehouse buy
Specialist Risk Group has bought the ongoing business of Carriagehouse.
Hiscox shares soar 150 pence following takeover links
Hiscox shares closed the day [Monday 8th July] up 13.43% (150 pence) at 1,267 pence, giving it a market cap of around £4.3bn after the insurer was linked with a takeover.
Ardonagh Advisory notches up fifth buy of 2024
Ardonagh Advisory has acquired Rollinson Smith Insurance Brokers, a community broker servicing the Shropshire, Staffordshire, West Midlands and North Wales regions with a reach in London and other areas of the country.
CII: Brokers outscoring insurers and aggregators over customer loyalty
New data published by the Chartered Insurance Institute today has revealed that professional brokers are doing more to build consumer loyalty and confidence than price comparison sites, banks and building societies, or insurers themselves.
Aviva research points to “daunting” recruitment landscape for brokers
More brokers are recruiting, vacancies are taking longer to fill, and firms are paying more than expected for new hires.
Ecclesiastical launches product for office-based professions
Ecclesiastical Insurance is launching a new product aimed at office-based businesses providing professional services in response to broker feedback.
Sompo opens third UK office
Sompo has opened an office in Manchester.
Biba calls on Labour government to act on broker commissions and fees
The British Insurance Brokers’ Association has called on the new Labour government to introduce secondary legislation in relation to the Leasehold Reform Act to allow for broker commissions and fees to be deemed permitted insurance payments as they are…
My Insurance Downtime: Woodgate & Clark’s James Fairbairn
James Fairbairn, director of specialist services, Woodgate & Clark loss adjusters, offers us a window into his life outside of insurance, including collecting watches and a love for cricket, 90s indie and ‘finger lickin’ good’ chicken.
Former broker Tracey loses seat as ex-Erskine Murray boss unsuccessful in bid to be MP
Former insurance broker and chair of the All-Party Parliamentary Group on Insurance and Financial Services, Craig Tracey, has lost his seat at the 2024 General Election.
And the BIA 2024 broker award winners are…
Former British Insurance Brokers’ Association CEO Steve White was honoured with the Achievement Award at last night’s British Insurance Awards.
Meet the MGA: Rokstone
Ian Anson, MD of Rokstone, highlights talent that passes the ‘BBQ test’, an entrepreneurial culture and deep relationships with capacity providers as key to it achieving its goal of stretching the boundaries of what an MGA can offer.