Broker
MGA stops underwriting and passes book to broker
Centrix Underwriting Management Ltd is passing its customers and renewals over to a broker, Insurance Age understands.
Biba grows net assets to more than £5m
The British Insurance Brokers’ Association has revealed a 21% increase in members’ funds to £5.1m at the end of 2022.
Think Insurance on the hunt for acquisitions – Russell Bence
Think Insurance is on the hunt for acquisitions, targeting brokers with around £3m of gross written premium, commercial director Russell Bence told Insurance Age.
Meeting the challenge of avoiding underinsurance in HNW properties
Amid inflation and irregular surveying, high-net-worth buildings are potentially more at risk of underinsurance than ever before. Helena Evans, managing director at Criterion Adjusters, outlines how brokers can help clients to reduce this risk.
Blog: 'Do the right thing' to grow your own culture and future leaders
Broker management teams face many challenges in the post pandemic world, not least defining their company culture and attracting the next generation of talent. Mike Edgeley, group CEO of the Clear Group, offers a perspective on one roadmap to potential…
PSC Insurance buys Turner Rawlinson
Australian group PSC Insurance has bought London-based broker Turner Rawlinson, according to filings at Companies House.
Clear buys One Commercial Specialty from Bspoke
Clear Group has continued its push into the managing general agents sector buying One Commercial Specialty from Bspoke.
Win a weekend trip to Venice by signing up now to attend Broker Expo
Birmingham, the new home of Broker Expo, is famously reported to have more miles of canals than Venice in Italy.
iCAN teams up with Insurance Age as official UK Broker Week partner
Insurance Age is delighted to announced the Insurance Cultural Awareness Network as an official partner of the inaugural 2023 UK Broker Week.
Stevenson Seacombe Partnership buys 51% of fellow TBIG member Whitefield Insurance
Stevenson Seacombe Partnership has bought a 51% holding in fellow The Broker Investment Group firm member Whitefield Insurance based in Ramsbottom, Lancashire.
New fronting firm to help flush capacity into UK commercial specialty MGAs
A new private-equity backed fronting firm has won approval from the Prudential Regulatory Authority to start business.
Turnover up but profits slip at Thomas Carroll
Thomas Carroll Group grew turnover by 11.2% in 2022, but increased expenses and investment spending knocked profits lower.
Blog: Why is M&A moving to Europe and what does it mean for independent UK brokers?
As UK broker M&A targets become scarcer, smaller players are bound to follow the major consolidators into Europe argues Greg Cant, UK Financial Services Partner at Clearwater International.
My Insurance Downtime: Woodgate & Clark managing director James Eveling
Woodgate & Clark managing director James Eveling gives us a look into his life outside insurance.
GRP’s Greens buys Petherwicks to grow South East coast footprint
Green Insurance Group has bought Brighton-based Petherwick Insurance Brokers for an undisclosed sum adding to Global Risk Partners’ South Eastern hub.
Ardonagh Advisory scores hat-trick of broker buys with AMS Insurance Solutions
Ardonagh Advisory has struck its third broker deal in a week buying AMS Insurance Solutions.
Graeme Trudgill on taking up the reins at Biba
Graeme Trudgill has committed to fighting strongly for brokers and to getting even more access to the Financial Conduct Authority for members as he takes up the role of CEO of the British Insurance Brokers’ Association.
Interview: Andrew Cunis, Gallagher – Growing for gold
Andrew Cunis, managing director of private clients at Gallagher, shares how the offering has grown to £100m of gross written premium, and the firm's goal of 10% year-on-year organic growth.
Brokers warn insurers they risk losing more business to MGAs
Mainstream insurers need to heed the lessons of the post pandemic decline in service or face losing more market share to managing general agents.
People Moves: 3 – 7 July 2023
Keep up to date with the latest personnel moves in insurance.
Verlingue grows turnover and profit in 2022
Verlingue UK boosted turnover by 6.8% in 2022 to £19.51m, as profits also rose.
Tech entrepreneur launches kit to combat HNW fraud and underinsurance
Tech entrepreneur Jonathan Garnett has gone live with a system to help insurance firms combat fraud and underinsurance in high-net-worth assets.
Clear Group in double broker swoop
Clear Group has sealed a pair of broker deals, buying Mayor Broking and MJB Finningley.
GRP buys London-based commercial broker KPTI
Global Risk Partners has bought SB2, the holding company for KPTI, which trades as IS Insurance Solutions.