Broker
Interview: Clare Lebecq, SRG
Clare Lebecq has worked hard to get to the top. She tells Insurance Age her story and goals with Specialist Risk Group, and shares her views on diversity and inclusion and work culture.
Turnover ticks up but profits down at SEIB in 2022
SEIB Insurance Brokers grew revenue by 1% to £12.4m in 2022, a year that concluded with it becoming part of Lloyd & Whyte.
The benefits and potential pitfalls of broker clubs
As Zurich becomes the latest major insurer to introduce a club for brokers, Ida Axling investigates the evolution of these offerings, and whether they remain as attractive to intermediaries as they were in the past.
Broking success: Retaining independence and recruiting fresh talent
Richard Ingleby, managing director of Castlemead Insurance Brokers, highlights the importance of independent intermediaries and the need for more younger employees to infiltrate the sector.
Lycetts reports record revenue for 2022
Lycetts grew revenue by nearly 9% in 2022 to £25.6m, as pre-tax profit rose 12% year-on-year to £3m.
New MGA Capacity Insights targets travel and consumer markets
Managing general agent Capacity Insights has launched in the UK accident and health insurance market with a particular focus on travel, health, dental and personal accident schemes.
People Moves: 5 – 9 June 2023
Keep up to date with the latest personnel moves in insurance.
A return of cash flow underwriting – is this common sense or a kamikaze approach?
As interest rates rise, talk is growing of a return to cash flow underwriting. Popular in the 1980s and 1990s, this is when insurers underwrote unprofitably, but were covered by strong returns. There is concern that insurance could be heading for the…
Acrisure targets drawing on strength of one infrastructure for Eleven Network
Acrisure has dialled up Ten Insurance Services to Eleven Network, promising a transparent model and “unique” offering in the sector, spanning across appointed representatives and directly authorised firms.
Ignite launches OpenAI-powered chatbot for brokers
Software house Ignite Insurance Systems has launched a super-advanced artificial intelligence bot to answer customer queries.
Axa brokers to get customer boost with Premium Credit digital system
Axa Commercial has partnered with Premium Credit to offer customers a digitally enhanced payment by instalments system, Insurance Age can reveal.
GRP buys commercial broker Amicus
Global Risk Partners has bought 100% of Surrey-headquartered Amicus Solutions Holdings.
My Insurance Downtime: Insurance Age content director Jonathan Swift
We know people in insurance are among the most dedicated and passionate when it comes to loving where they work. But everyone deserves a bit of downtime, which is where this new Insurance Age feature comes in as we focus on what you do in your spare time.
Broker Insights grows its base at £25m per month
Broker Insights is adding around four brokers to its client base, and expanding its reach by £25m each month, its CEO Fraser Edmond told Insurance Age.
AssuredPartners buys recycling specialist broker GM
AssuredPartners has acquired Exeter-based recycling specialists, GM Insurance Brokers.
Acrisure buys AR network Ten Insurance
Acrisure has bought appointed representatives network Ten Insurance Services as it progressed its network plans, and will take the offering to market as “Eleven Network”.
Clegg Gifford launches digital platform to give brokers access to Lloyd’s capacity
Clegg Gifford has partnered with digital agency MagiClick UK with the ambition of giving UK high street brokers “improved accessibility [to] Lloyd's capacity” through new e-trading platform Six.
Kingfisher buys Reis Motorsport Insurance from Markerstudy
Kingfisher Insurance has bought specialist broker Reis Motorsport Insurance from Markerstudy for an undisclosed sum, adding over 20 people and an office in Nottingham.
DR&P Group strikes three broker deals
DR&P Group has bought a majority stake in Radius (I.B.) in Hull, Sector Associates in Thirsk and Berry Insurance Brokers in Preston.
Cobra CEO Tedstone aims to hit £1bn by 2025
The boss of broking network Cobra has said that it has identified a pipeline of 700 potential ‘unicorns’ as it seeks new members to meet its target of £1bn of premium by the end of 2025.
Jensten Underwriting launches technology product
Jensten Underwriting has partnered with Hiscox to launch a product for brokers working with the technology sector.
MGA Landmark Underwriting enters property market
Landmark Underwriting has secured a property binding authority with AmTrust International for excess insurance and reinsurance business.
Aston Lark adds HNW book as partner moves across from Vizion
Howden-owned Aston Lark has recruited George Seatter as a client director within its private client division, bringing with him the client base he developed as a partner at Vizion.
Tokio Marine Kiln targets cyber growth with new division
Tokio Marine Kiln has set up a stand-alone cyber and enterprise risk division as part of its effort to expand its presence in the cyber market.