Articles by Insurance Age staff
Aviva reports 18% increase in ghost broking frauds in 2024
Aviva detected an 18% increase in ghost-brokered policies and linked an additional 8,600 cases to open investigations into known ghost broking cases in 2024.
MGA expands appetite for contractors to include builders, plant and skip hirers
Speciality insurance managing general agent Fiducia has expanded its risk appetite for combined liabilities insurance to include a range of new broker contractor clients.
Former broking CEO Fairchild takes new M&A role
Former Broker Network and Applied Systems Europe CEO Andy Fairchild has joined IDEX Consulting to lead the business’ M&A division.
Ex-Hiscox HNW boss Holmes’ new broker employer revealed
Specialist Risk Group has recruited Hiscox’s former high net worth broker boss Nicola Holmes.
Two specialty MGAs set to merge
Managing general agents Nirvana and Pulse have announced plans to merge their businesses.
Ardonagh Advisory strikes deal with new premium finance partner
Premium finance provider PremFina has announced a partnership with Ardonagh Advisory.
MGA appoints Stuart Reid as chair
Specialist business health insurance MGA Equipsme has appointed Stuart Reid as chair of its board.
CFC launches cyber “game-changer” for brokers
The specialist insurance provider CFC has launched a new cyber product aimed at all businesses with revenues up to £250m.
Arron Banks slams Green ‘wokery’ and ‘finished’ Tories as he announces mayoral tilt
Somerset Bridge and Brightside founder Arron Banks has been confirmed as the Reform UK party mayoral candidate for the West of England.
Access Insurance seals first acquisition since Benefact Group investment
Benefact Group-owned charity specialist Access Insurance has sealed its fourth acquisition with a swoop for Chesterfield-based broker Ladbrook Insurance.
Broker hails ‘financial firepower’ and ‘skillsets’ of PE partner after selling minority stake
Berry Palmer & Lyle, the specialist credit and political risk insurance broker, has announced today that it has secured investment from private equity firm Preservation Capital Partners.
People Moves: 17 – 21 March 2025
Stay in the loop with the latest insurance personnel moves.
Biba announces Anthony Joshua keynote session at conference
The British Insurance Brokers’ Association has announced a keynote session with former heavyweight boxing world champion Anthony Joshua on the second day of its upcoming conference.
Zurich targets £250m of GWP after extending relationship with MGA
Zurich UK has extended its capacity agreement with Plum Underwriting for a further five years, with ambitions to reach £250m GWP over the term.
Jensten launches new network
Jensten Group has launched a new broker network.
Clear recruits ex-Willis international CEO as COO
The Clear Group has appointed Simon Smith as group chief operating officer.
Q&A: Christy Chisholm, group sales and marketing director at Clear Group
With 100 days in the role after joining Clear Group from Premium Credit, group sales and marketing director Christy Chisholm reflects on the initial challenges, successes and her work with the British Insurance Brokers’ Association promoting insurance as…
Aviva Broker Community Fund shares £235,000 with 28 good causes
Aviva has announced the 28 winners of the 2024 Aviva Broker Community Fund sharing a pot of £235,000.
People Moves: 10 – 14 March 2025
Follow the latest personnel moves in insurance.
Hundreds of millions at stake as “wave of broker claims” predicted after Hastings tribunal win
Experts have predicted a “wave of broker claims” against HMRC potentially worth hundreds of millions of pounds following a recent decision at a First tier Tax Tribunal.
Insurers launch dual Lloyd’s/company market stamp capacity for brokers
Lloyd’s insurer MS Amlin and its sister company Mitsui Sumitomo Insurance Company (Europe) (MSIG UK), have announced plans to expand their London Market footprint with the launch of a new dual-stamp underwriting capability.
MGA launches mid-market cyber product
Cyber manging general agent Onda has launched Onda X, a new product that supports mid-market companies in the UK and France.
PIB CEO hails ‘milestone’ as it buys MGA
PIB Group has acquired specialist litigation insurance managing general agent Litica.
Gallagher deal for AssuredPartners delayed by request for more information
Broking giant Arthur J. Gallagher now expects to complete the acquisition of AssuredPartners in the second half of 2025, after it received a request from the US antitrust agency for additional information.