Broker
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.
Acrisure reveals top team at Eleven Network after senior departures
US broking consolidator Acrisure has moved to put in place a new leadership team at its Eleven Network arm, following a raft of senior departures as first reported by Insurance Age.
Senior quartet depart Acrisure-owned Eleven Network
Four senior directors have resigned from the Acrisure-owned Eleven Network it acquired 14 months ago, Insurance Age can reveal.
Partners& buys second loss adjusting firm
Partners& has purchased Bickley Chartered Loss Adjusters, a firm providing a full range of adjusting services and disciplines across both domestic and commercial markets.
Howden acquires £60m premium broker
Howden has purchased UK health and life insurance broker Help Me Compare Group (which trades as ActiveQuote) and its subsidiaries, supporting Howden’s position in these UK markets.
People Moves: 5 – 9 August 2024
Follow the latest insurance personnel moves.
Q&A: Seventeen Group CEO, Paul Anscombe
The boss of Seventeen Group, Paul Anscombe, tells Insurance Age about getting to 10 deals this year, the firm’s national reach and how innovation and specialisms are helping deliver organic growth at a business that has its eyes fixed on long-term…
RSA declares UK first with cloud solution for claims
RSA has launched an enhanced broker and customer claims portal, asserting it was the first UK insurer to implement the Guidewire cloud solution.
CUO hails deals as proof of improved broker sentiment towards Hiscox
Hiscox’s “momentum” with UK brokers has been further underlined by six new distributions deals signed in the first half of 2024.
Interview: Tuplin on turning up the heat with Ardonagh
Richard Tuplin, CEO of Advisory Insurance Brokers at Ardonagh, shares his insights on leading the transformational change that is garnering praise from the sector and the non-negotiable culture that is bringing success.
Brown & Brown buys trade credit insurance solutions specialist
Brown & Brown Europe has acquired 100% of the share capital of trade credit insurance solutions specialist, CI Group.
Paragon buys Cox Mahon
Paragon International Insurance Brokers, a professional and financial lines subsidiary of PSC Insurance Group, has bought PI specialist Cox Mahon.
James Hallam opens new office in Exeter with cyber and technology hub
James Hallam has opened a cyber and technology hub at Exeter Science Park, taking its branch network in the South West to four.
ABI measures 2% drop in motor premiums in Q2
The average motor insurance premium fell by 2% in April to June compared to the first quarter of 2024, according to the latest data from the Association of British Insurers.
Biba concerned IPT exposed to rise
The British Insurance Brokers’ Association is concerned insurance premium tax is exposed to a rise, according to director of regulation David Sparkes.
London-based wholesale broker Lonsdale goes into liquidation
Independent Lloyd’s wholesaler Lonsdale Insurance Brokers went into liquidation on 24 July 2024, after sale talks did not lead anywhere and the directors decided to cease trading in June.
People Moves: 29 July – 2 August 2024
Stay in the loop with the latest insurance personnel moves.
Zurich sells Navigators & General to Ardonagh’s Geo
Geo Underwriting is buying marine insurance provider Navigators & General from Zurich UK, with the deal expected to close before the end of the year.
Biba to be fully engaged on FCA’s regulation reviews
David Sparkes, regulation director at the British Insurance Brokers’ Association, has committed the trade body will be “fully engaged” throughout the process for the Financial Conduct Authority’s commercial insurance regulation discussion paper.
Howden scores Allianz musical insurance book
Howden has agreed to acquire the musical insurance book of Allianz UK for an undisclosed sum with the provider staying on as the underwriter.
Alan Boswell buys Priory Insurance Brokers in Norfolk
Alan Boswell Group has snapped up Wymondham-based Priory Insurance Brokers, adding to its purchase of The Insurance Centre earlier this year.
Jensten completes on three deals
Jensten has bought Asprey Harris and completed the purchases of Chris Knott Insurance Consultants and Robert Gerrard & Co in a triple swoop that has pushed headcount above 1,000.
Biba among trade bodies welcoming FCA’s regulation moves
The British Insurance Brokers’ Association has welcomed the Financial Conduct Authority’s regulation discussion paper, calling it a “positive first step”.
Consumer Duty one year old – Mills stresses FCA support for smaller firms
The Financial Conduct Authority has been, and will continue to be, proportionate in its approach to supervising the Consumer Duty, according to Sheldon Mills on the one-year anniversary of the rules.