Personal
Howden buys Scottish broker Laurie Ross
Howden has bought Glasgow-headquartered personal and commercial lines broker Laurie Ross.
French wholesaler buys motor specialist broker Lexham Insurance
April, a wholesale insurance broker in France and Europe, has bought two-wheeler insurance specialist Lexham Insurance.
Blog: Trust is the most important currency businesses have – lose it and you might never get it back
Trust is hard earned but, according to Staysure CEO Finn Walsh, financial services firms are often wasteful when it comes to this most valued asset.
Just Travel targets brokers with new wholesale arm Aneevo
A new travel insurance distribution platform has been launched for UK insurance brokers.
Qmetric reveals £41m loss in run-up to sale
Policy Expert owner Qmetric lost £41.06m last financial year ahead of being bought by the Abu Dhabi Investment Authority, which has gone on to invest £35m in the business.
Tony Buss to lead merged Arag and Das UK business as deal completes
Arag Group has announced that its UK boss, Tony Buss, pictured, will lead the new enlarged legal expenses business, having completed the acquisition of Das UK from German insurance group ERG Versicherung AG.
Allianz drops LV brand in broker channel
Allianz will rebrand LV Broker in May, the insurer has confirmed.
AssuredPartners’ Borland buys Gibson Hawick
Borland Insurance has bought fellow Scottish broker Gibson Hawick.
Biba launches three claims guides for members
The British Insurance Brokers’ Association has unveiled three claims guides for members to use, to help customers better navigate the claims process for home, motor and travel insurance.
Ardonagh kicks off 2024 with HNW deal
Ardonagh Advisory has bought private clients specialist distribution business Hoxton Risk Services in its first deal of the year, Insurance Age can reveal.
Hastings names ex-Abacai leader Jamie Hay as CFO
Hastings Group has appointed Abacai founder Jamie Hay to take over as group chief financial officer during the second quarter of this year.
SRIS introduces private client offering
Specialist Risk Insurance Solutions has launched Specialist Risk Private Clients, bringing together an experienced team, according to a post on LinkedIn.
Opinion: The role of LEI in 21st century justice
Access to justice is one of the cornerstones of civilised society; without it, law and order risk breaking down, threatening the stability we’ve come to take for granted, argues Arc Legal’s Tim Mullin.
Staysure names Finn Walsh group CEO
Finn Walsh has been named Staysure Group CEO, taking over from founder Ryan Howsam.
Caravan Guard reports profit drop
Halifax-based Caravan Guard has reported a 10.7% fall in profit after tax to £2.96m for the year ended 31 March 2023.
Review of the Year 2023: Markerstudy’s Gary Humphreys
Markerstudy group chief underwriting officer Gary Humphreys bigs-up the acquisition of Atlanta Group, and admits he did not anticipate Adam Winslow swapping Aviva for Direct Line Group.
Review of the Year 2023: Aviva’s Dave Martin
Dave Martin, MD of distribution and SME trading at Aviva, hails the virtue of “execution, execution, execution” and predicts underwriters and face-to-face meetings will come back in vogue.
Review of the Year 2023: Pearson Ham's Stephen Kennedy
Stephen Kennedy of the Pearson Ham Group assesses how the phrase ‘unprecedented premium increases’ took centre stage in 2023 and why rates are likely to stabilise next year.
Review of the Year 2023: Ageas’s Middle, Beckett, Clarke and Linklater
The Ageas UK management team ponder the plethora of personal lines exits and why a reduction in IPT could be a 2024 election vote winner.
FOS motor insurance complaints soar again to new five-year high
The Financial Ombudsman Service received 4,036 complaints about car and motorcycle insurance between July and September driven by disputes over vehicle valuation, customer service issues, and delays in claim settlements.
EY predicts worst UK motor performance since 2010 with industry NCR of 114.6%
EY has revised its prediction for the UK motor insurance market and now expects this year will be the worst since 2010 with a net combined ratio of 114.6%.
Home insurance prices rise a record 36% in a year
The average quoted home insurance price increased by 36.1% in a year to October, the highest annual rise on record, according to the latest Consumer Intelligence Home Insurance Price Index.
Brown & Brown snaps up South Wales broker R McGee
Brown & Brown (Europe) has bought out R McGee Insurance Brokers based in Maesteg, Glamorgan, for an undisclosed sum.
Abacai to pull out of broker business with CCG book transfer
Abacai is to pull out of brokered business in 2024 transferring the panel book of subsidiary Complete Cover Group to UDrive, Insurance Age can reveal.