Commercial
Top 100 UK brokers report ‘crazy’ commercial rate reductions up to 50%
A number of Top 100 UK brokers have seen “crazy” rate reductions of between 40% and 50%, with savings in the hundreds of thousands of pounds during the ongoing competitive soft market, Insurance Age can reveal.
In-house claims teams at MGAs rising up broker priority list
Commercial motor brokers overwhelmingly prefer managing general agents with in-house claims teams, according to research by Direct Commercial.
The new shape of broking – consolidation, investment and the next generation of broker businesses
Broker Expo 2026 Countdown: New ownership models, private investment and entrepreneurial broker groups are creating different opportunities for firms to grow while maintaining their identity. Ahead of the Expo panel session next week Rachel Gordon…
Movo launches broker investment arm targeting minority and majority stakes
Movo Partnership has launched a broker investment arm – MovoQ – to buy minority and majority stakes in brokers, Insurance Age can reveal.
Markerstudy owner mulls delisting from stock exchange amid sales talks
Pollen Street Capital, the owner of Markerstudy, has confirmed it is in talks about selling up and delisting from the London Stock Exchange.
Beyond the policy – where brokers add the greatest value
Broker Expo 2026 Countdown: Building strong client relationships is more important than ever, with brokers focusing on risk management, claims support, specialist guidance and facilitating connections in their communities. Ida Axling investigates this…
Peach to grow to over half NPAI business in 2027
Peach, a capacity backer of broker schemes and managing general agents, will account for over half of owner NPA Insurance’s business in 2027, CEO Russell White has revealed.
Howden opens commercial office in Wrexham
Howden has officially opened its first commercial office in Wrexham.
Ecclesiastical GWP and profit tick up in H1
Ecclesiastical’s UK and Ireland business grew in the first six months of the year alongside the underwriting profit and combined operating ratio both improving.
PIB unveils US expansion with New York move
PIB Group has announced the expansion of its portfolio MGA company Acquinex into the United States.
Axa adds to real estate and landlord offerings
Axa Insurance UK has added equipment breakdown to its commercial real estate proposition, giving customers the option to cover plant and machinery as part of their buildings insurance.
MGA consolidator creates UK group structure
Bishop Street Underwriters, owner of Landmark Underwriting and Avid Insurance, has created a new UK group structure to bring its portfolio of UK specialty insurance businesses under a single management framework.
Beazley addresses rise in AI-related cyber threats with new endorsement
Beazley has launched an AI ‘clarifying endorsement’ for its cyber product, which it claims will offer clients peace of mind as to how AI-related cyber attacks are addressed within their existing cover.
Aviva updates financial lines products to make them ‘more relevant’
Aviva has refreshed its management liability proposition, claiming it has introduced broader protection, greater flexibility and clearer policy wording to help businesses respond to changing risks and challenges.
AI a growing competitive threat to UK commercial brokers, survey reveals
UK commercial brokers are increasingly recognising artificial intelligence as a competitive threat, according to a new survey.
International insurer names third UK CEO in nine months
Sompo International has announced that Nicolas (Nic) Berg is to take over as CEO of its UK insurance business, effective 1 October, subject to regulatory approval.
Bridge builds turnover in run-up to Gallagher sale
Bridge Insurance Brokers expanded by 4.8% in the financial year before being snapped up by Gallagher, but rising costs cut profits.
Sign up now for Broker Expo, the UK’s leading one-day event for insurance brokers
Powered by Insurance Age, Broker Expo is the UK’s premier one-day event for the insurance broker community – and it is only three weeks away.
Q&A: PremFina bosses Bishop and Aylott
PremFina’s leaders reveal if the premium finance provider has delivered on its promise to be profitable this year, and explain the thinking behind the string of inward investments, current broker relationships and plans for the future. Emmanuel Kenning…
Allianz moves to help brokers with cross-border construction risks
More UK-headquartered businesses are taking on construction projects across borders, according to Allianz Commercial as it refreshes its proposition for brokers and clients.
Zurich’s Beazley takeover set for 1 October with regulatory approvals in place
Zurich’s £8.1bn Beazley buy has cleared all the necessary regulatory hurdles and is set to complete on 1 October, the pair have confirmed.