Commercial
1st Choice opens office in Willenhall
The Shrewsbury-based broker hopes to generate more business and create more jobs in the area as it expands across the West Midlands.
FCA data reveals progress as insurers settle Covid-19 BI claims
Updated figures show providers have made interim payments of £247.7m and final settlements of £352.1m since the Supreme Court verdict, but 12,217 policyholders are still waiting to hear whether their policies provide cover or not.
Partners& buys Nottingham-based broker
Business says deal for IFM Select supports its strategy to build its presence in the Midlands.
Interview: A niche focus
Insurance Age meets the team at specialist managing general agent Avid Insurance.
Aston Lark buys DNA Insurance
DNA is a motor trade specialist and will sit alongside Aston Lark’s Road Runner business.
GRP hires Ardonagh’s Steve Anson as COO
He had been CEO of Towergate Retail since 2015 but started with GRP on 6 April.
PIB looks to Ireland for expansion
The consolidator has extended its reach in Ireland with its buy of retail broker, Creane & Creane.
Towergate snaps up Swansea-based broker
Move follows hot on the heels of its purchase of the corporate retail book of business from AFL Insurance Brokers.
Ardonagh creates international unit led by Des O'Connor
Move comes as Ardonagh Global Partners makes its first deal in the United States.
Q Underwriting extends Aviva capacity in £200m deal
The specialist underwriter confirmed the renewal of key binder Aviva, plus, developments to its Covéa-backed contractors combined product.
Axa branches to move to mid-market focus
Jon Walker explains how the regional network will develop as some offices are set to become specialist call centres.
Aviva adds cyber product to Fast Trade
The cover is designed to help small and medium enterprises combat the increasing threat of digital crime.
Towergate buys AFL Insurance Brokers retail book
The move follows Specialist Risk Group’s acquisition of its wholesale division.
East West collapse: Administrator report shows £164.7m deficit
The building guarantee specialist insurer was forced into administration in 2020.
Advertising feature: An open letter from Bernard Mageean, CEO of Q Underwriting
Bernard Mageean, CEO of Q Underwriting pens an open letter on the need for MGAs to adapt in an ever-changing market and what the future holds for the business.
Needham develops administration and integration service
The new offering is designed to protect policyholders and insurers or MGAs when a broker ceases trading.
Commercial underwriting agency, CoSaint AG, goes live
The organisation has launched its first product for the motor trade combined market, backed by NIG and Covéa, and developed an online liability portal.
Chris Giles steps down as PIB chairman
Giles, who helped create the business, remains an investor.
Ardonagh reveals £217.5m cash paid for deals in 2020
The figure includes its buy of Bravo Group, which owns Broker Network and Ethos, and its Arachas acquisition.
Das UK launches Ride Across Britain challenge to raise money for Alzheimer's Society
Ten riders from across the industry are set to cycle 980 miles from Land’s End to John O’Groats to raise at least £25,000 for the Insurance United Against Dementia campaign.
FCA reveals insurer claims payouts following BI test case verdict
Regulator says providers have paid out £192.1m in interim payments for unsettled claims and £279.8m in final settlements at it reiterates order to pay out quickly.
Vista Insurance Brokers launches North West subsidiary
The fresh division is set to focus on construction, manufacturing, import/export, engineering, and haulage.
Aston Lark develops portal for renovation insurance
Brokers can use the portal to process adjustments and share documents with clients.
Meeting private equity: Simon Peet, Livingbridge
Private equity is driving an M&A boom in UK broking but often we don't know who is behind it. Insurance Age gets to know the key figures.