Broker
Biba continues partner push with Arch Insurance
Arch Insurance has joined the British Insurance Brokers’ Association as a partner following in the footsteps of recent additions Covéa Insurance and Travelers Europe.
Ripe grows turnover in 2021 with profits stable
Ripe Thinking has reported a 24% rise in turnover to £23.27m for 2021.
People Moves: 11-15 July 2022
Stay informed of the top personnel changes in insurance.
Analysis: The challenge to build back better – as trust in insurance drops
Consumer trust in insurance has fallen over the past 12 months, but experts can see a route to a brighter future. Emmanuel Kenning reports.
Zego confirms redundancies
Insurtech motor specialist Zego has told staff that it will be cutting its headcount by 17%.
Opinion: Why selling isn’t the only option
Brokerring’s Stuart Randall considers the options for brokers who want change but don’t wish to offload their business.
Verlingue increases turnover for 2021
Verlingue has grown its turnover to £18.3m, a 2.3% increase on the £17.9m it posted in 2020.
Roundtable: How can brokers blossom in the ever-evolving EV market?
The electric vehicle and hybrid market is set to grow exponentially in the next decade as UK motorists are encouraged to transition from internal combustion engines. Our expert panel and sponsor AX learn more.
Ataraxia ups stake in Whitefield Insurance Brokers
Ataraxia has boosted its shareholding in Greater Manchester-based Whitefield Insurance Brokers to 49%.
ESG Round-up - July 2022
Insurance Age rounds up the key stories from the insurance sector’s environmental and social governance agenda, featuring Aviva, Brit Insurance, Romero Group and Partners&.
CPP sells Alpha Underwriting six months after buying it
Just Travel Cover, a leisure travel insurance specialist and insurance product and service provider, has bought the travel insurance and scheme specialist business Alpha Underwriting from CPP Secure.
Flood Re posts 18% policy growth
Flood Re has reported covering 256,634 policies in the year ended 31 March 2022, up 17.7% on the previous 12 months.
Insurtech app Honcho shuts up shop
Motor specialist Honcho has closed for business after three years of trading citing difficulty acquiring customers and the competitive environment as reasons for the closure.
FCA says all options on table ahead of possible phased implementation period for Consumer Duty
Brokers have been urged to prepare for the April deadline as the Financial Conduct Authority ponders changes to the implementation period for Consumer Duty regulations.
Brokers looking to introduce multi-policy portfolio, says CDL’s CEO
CDL’s CEO, Nigel Phillips, has said brokers are looking to deploy a multi-policy portfolio, so that they can “reap” some of the benefits by offering a breadth of policies to their customers.
News analysis: The future for Directors’ & Officers’ cover
Martin Friel explores how this niche line is developing, and learns how factors such as Russian sanctions are driving change in the highly specialist market.
Have you got what it takes to be part of Insurance Age's Future Force 2022?
Today Insurance Age launches a new project that seeks to highlight the up-and-coming brokers with annual gross written premium of under £30m that we believe will shape the future of the independent intermediary sector over the next decade.
FSCS broker pot pays out £7m compensation in 2021/22 after levies of £13m
The Financial Services Compensation Scheme has revealed that the broker levy pot paid out £7m in compensation in 2021/22, less than half the £15m total in 2020/21.
Ghost broker gets suspended sentence over £50,000 fraud
Rodney Bruce Van der Puye has been sentenced to 21 months imprisonment suspended for two years and ordered to complete 180 hours of unpaid work for acting as an illegal insurance intermediary.
Lloyd’s commits to One Lime Street – report
Lloyd’s of London is set to stay in the iconic Lime Street building designed by Sir Richard Rogers until at least 2031.
Sam White’s Freedom Services Group adds David Williams as first NED
Former Axa leader David Williams has joined Freedom Services Group, consisting of managing general agent Pukka, Freedom Brokers and claims management service Action 365, as a non-executive director, Insurance Age can reveal.
Lycetts continues growth trajectory
Lycetts has grown its turnover to £23.5m for the full year 2021 from £22.4m in 2020 according to documents filed on Companies House.
People Moves: 4-8 July 2022
Stay informed of the top personnel changes in insurance.
Biba adds Covéa as partner
The British Insurance Brokers’ Association has added Covéa Insurance to its roster of partners taking the total to 20.