Articles by Insurance Age staff
2023 UK Broker Awards deadline this Friday
With a deadline of 19 May you have just days left to get your entries in for the 2023 UK Broker Awards.
Biba confirms the dates and venue for its 2024 conference
The British Insurance Brokers’ Association conference will return to Manchester in 2024 for a ninth consecutive year, it has been confirmed.
AssuredPartners picks up specialist broker InEvexco
AssuredPartners has bought Kent-based event specialist broker InEvexco.
People Moves: 2 – 5 May 2023
Keep up-to-date with personnel moves within the insurance industry.
Provenance teams up with Redline on supercars
Benefact Group broker Provenance Insurance Brokers has signed up with North Yorkshire based supercar, prestige and performance car retail group Redline Specialist Cars.
Sicsic Advisory becomes Biba associate
Regulatory and risk consultancy Sicsic Advisory has become an associate of the British Insurance Brokers’ Association.
Ex-FCA leader Salter joins Sicsic Advisory
Former Financial Conduct Authority director Philip Salter has joined strategic risk and regulatory consultancy Sicsic Advisory as a senior adviser.
Gallagher reveals retail and specialty organic growth
Gallagher’s UK & Ireland retail division achieved 7% organic growth in the first quarter of 2023, the global broking giant has revealed.
AIG’s HNW MGA tie-up with Stone Point set to start trading in Q3
AIG has finalised its agreement with private equity firm Stone Point Capital to create managing general agent Private Client Select Insurance Services with an expected start date for trading of the third quarter 2023, the insurer has confirmed.
UK commercial insurance price rises ease again in Q1 – Marsh
Commercial insurance pricing in the UK rose by 3% in the first quarter of the year, down slightly on the 4% uplift in the final quarter of 2022, according to research by Marsh.
Biba urges Government to bring forward ban on sharing property commission
The British Insurance Brokers’ Association urged the Government to bring forward legislation to ban the sharing of commission with property managing agents, freeholders and landlords to create a ‘level playing field and avoid an early mover penalty’.
Yutree restructures board with new CEO and MD
Kevin Hancock stepped up to CEO at Yutree Insurance with Laura Hancock promoted to succeed him as managing director.
Ardonagh buys Stanhope Cooper and Renovation Underwriting
Ardonagh Advisory has signed up to buy a majority shareholding in high-net-worth broker Stanhope Cooper and MGA Renovation Underwriting.
Direct Line acquires By Miles
Direct Line Group has acquired By Miles, the insurtech managing general agent and provider of real-time pay-by-mile insurance policies.
CII launches five-year plan
The Chartered Insurance Institute published a five-year strategic plan containing six themes.
UK Broker Awards open for entries – get yours in now
The 2023 UK Broker Awards returns this year at a new venue during a new month.
PIB buys Bristol-based PI broker Pure Risks
PIB Group has acquired specialist professional indemnity insurance broker Pure Risks.
Miller CEO targets growth at ‘greater pace’ as revenues top £200m
Lloyd’s broker Miller has marked its second anniversary as an independent broker with revenues breaking through £200m, it announced today.
GRP buys West Midlands broker
Global Risk Partners has acquired 100% of the share capital of Thompson and Co (Risk Solutions) Holdings.
AssuredPartners-owned PSP seals two more deals
AssuredPartners-owned PSP Group has agreed to acquire the general insurance business assets of Sterling Select Insurance Services and Castle Sundborn.
Aston Lark recruits Boswell duo to open Norwich office
Aston Lark has opened a new office in Norwich, which will be headed by former Alan Boswell director James Monkhouse.
Ardonagh Advisory announces first new deal of 2023 with Pace Ward buy
Ardonagh Advisory has announced its first new deal of the year with the purchase of Stoke-on-Trent based broker Pace Ward and revealed it has an “impressive pipeline of M&A”.
JMG establishes new division after second motor deal in a month
Specialist HGV and motor trade insurance broker New Era has made its first acquisition within weeks of becoming part of the JMG Group.
GRP’s NE hub Castle buys M R Lonsdale
Castle Insurance Services has made its first acquisition since becoming the North-East hub of Global Risk Partners in May 2022 by swooping for fellow Durham-based broker M R Lonsdale.