Broker
Blog: The 'honest' Budget
PKF Littlejohn's Chris Riley considers some of the wider implications of this week's Budget and flags that Capital Gains Tax remains a target despite staying unchanged for now.
In-depth - technology: The emergence of broker tech
New technologies, such as telematics, apps and big data are changing the way brokers work and clients buy insurance. Sam Barrett looks at how the industry is keeping pace with the the tech
Third deal in a week for Aston Lark
Bristol-based broker Venture Insurance has joined the Peter Blanc-led business.
Profit and turnover up for Admiral Group
Profit before tax was driven by strong reserve releases and lower claims frequency.
Opinion: The broker beauty parade
Morphose Capital Partners’ Nick Atherton reveals how brokers can make the most of a post-pandemic uptick in M&A activity
MGA Generation Underwriting signs capacity deal
The deal doubles property capacity for the MGA which is part of broker Willis IRM.
JM Glendinning buys Staffordshire broker
JM Glendinning has acquired specialist insurance services firm Nowell & Richards for an undisclosed sum.
Aston Lark buys Magenta Insurance
The MGA is chartered and based in East Anglia.
IPT remains at 12%
The Budget swerves IPT rise and Entrepreneurs’ Relief escapes for now but Corporation Tax increases to 25%.
GRP’s Newstead buys local broker
GRP purchased Birmingham-based Newstead in January this year and described it as a “flag in the ground” in the city as it seeks to build its presence.
Opinion: Fees but not as we’ve known them
Biba’s Steve White considers if regulators have gone too far in terms of the fees and levies they are asking for from insurance brokers
News analysis: Are we heading for an underinsurance crisis?
Difficult conversations on horizon for brokers as SMEs seek to cut costs amid economic uncertainty due to business squeeze from Covid, Brexit and harder market
People Moves: 1 - 5 March 2021
Stay up-to-date with the latest personnel changes in insurance.
Insurance Age Digital Edition: March: Technology at hand
The latest issue of Insurance Age is digital only due to the most recent lockdown.
Aston Lark snaps up Scottish broker
Bruce Stevenson has been bought for an undisclosed sum and CEO Edward Bruce will now lead Aston Lark’s operations in Scotland.
Inflexion reveals fresh broker investment following Bollington sale
PE firm backs DR&P Group with intention to support the broker to grow organically and through acquisition.
Pressure mounts on government to underwrite live events
Broker-led group pushes for more support as March deadline for festivals to get insurance looms.
Budget: Broking M&A could be affected by changes to Entrepreneurs’ Relief
What might the Budget have in store for brokers? Close Brothers’ Paul Trail considers the possibilities.
Ardonagh buys specialist M&A broker
Hemsley Wynne Furlonge, which will be bought by Ardonagh subsidiary Hamilton Investment Bidco, brings £10m of revenue and 17 staff to the group.
Meeting private equity: Andy Marsh of Beech Tree
In our continuing series, Beech Tree founder, Marsh talks through the investor’s interest in UK insurance distribution and its investment into managing general agent Avid Insurance.
Ex-Aviva boss Mark Wilson to lead insurtech venture after merger with Complete Cover Group
Motor insurtech Abacai launches with backing from Complete Cover owner Sun Capital and sees Wilson take charge as CEO alongside a leadership team including two executives from CCG.
Jensten moves in for second deal this month
It has bought Advance Insurance Agencies to act as a specialist personal lines hub for its franchisees and broking operation.
FCA finalises guidance on vulnerable customers
The regulator highlights that 27.7m UK adults could be categorised as vulnerable as it promises to hold firms to account for failures.
GRP snaps up Ipswich-based broker
Five Insurance Brokers specialises in the construction, manufacturing and process, haulage, motor trade and warehousing sectors and will become an appointed representative of GRP.