Commercial
BDH owner reveals growing losses and turnover in 2025
Salinas Topco, the holding company for Top 100 UK broker BDH, has posted rising turnover in the last financial year and losses reaching £11m.
MGA Ventis widens appetite with two non-standard property launches
MGA Ventis is set to launch a non-standard real estate proposition comprising two complementary products designed for complex risks.
Clear buys southern broker and life business
Clear has bought Pangea Insurance Brokers and Pangea Life, taking the group back to joint-top in the most active broker M&A listing for 2026.
Johnson out and Houghton in as PIB reshapes COO role
PIB Group has appointed Rob Houghton to the new stand-alone role of group chief operations officer.
Covéa more than doubles profit in 2025
Post-tax profit at Covéa Insurance soared to £72.4m in 2025, more than doubling from £32.9m the year before when it swung back into the black after years of losses.
Seventeen Group buys £13m GWP broker
Seventeen Group has bought Shrewsbury-based commercial broker 1st Choice Insurance in its third deal of the year.
Flock moves into haulage fleet with Admiral backing
Flock has launched a haulage fleet product in its first market expansion since Admiral Group signed up to buy the data-driven fleet insurance specialist.
Canopius unveils Manchester office as its second largest
Canopius has opened a permanent office in Manchester marking its second largest location after London.
Pool Re seeks to boost take-up of terrorism cover by SMEs with new scheme
Pool Re has launched a new incentive scheme for its members, aimed at increasing the uptake of terrorism insurance cover among SMEs as it highlighted only around 4% of the sector has cover in place.
Aviva refreshes PI cover offering brokers flexibility
Aviva has refreshed its digitally traded professional indemnity product as it launches the proposition on Fast Trade and Acturis.
Biba 2026 Countdown: Pen Underwriting’s Nick Milton
With the Biba Conference 2026 kicking off a month today Nick Milton, head of sales and distribution for the UK and Europe at Pen Underwriting, looks forward to the early morning calm before the storm and gives advice on how to avoid doing 20,000 steps…
Axa XL names Poonam Jivram head of motor underwriting for UK and Lloyd’s
Axa XL has promoted Poonam Jivram to head of motor underwriting for the UK and Lloyd’s, with responsibilities including motor fleet and broker relationships.
Arch promotes McGrady to head of casualty
Arch Insurance has promoted Mark McGrady to head of casualty – UK regional division.
Macquarie-backed MGA rolls out first product line
Macquarie-backed managing general agent Longbrook Insurance has announced its first product roll out to brokers.
Dual hails mid-market broker opportunities as it increases cyber limits
Dual has widened the scope of its global cyber and technology capabilities with a revised strategic partnership.
Ex-DLG/LV claims boss Milliner joins Axa
Axa Insurance UK has appointed Martin Milliner as chief claims transformation officer.
Willis renews deal with Premium Credit
Willis has renewed its partnership with Premium Credit for a further three years, extending the 23-year-old relationship.
Aviva to complete commercial combined overhaul with final module launch
Aviva is poised to complete the overhaul of its digital commercial combined insurance proposition, with the launch of its final standalone module, money insurance, available from May.
Iprism maintains growth run post MBO
Iprism Underwriting Agency boosted turnover by 8.9% in the year ended 30 June 2025, maintaining its expansion streak since a management buyout in 2021.
Biba renews travel scheme with MGA
The British Insurance Brokers’ Association has renewed its member scheme with Jackson Lee Underwriting for holiday, sports and business travel insurance.
MGA Optio expands marine offering with UK deal
Optio Group has bought London-based managing general agent Gardian Marine for an undisclosed sum, subject to regulatory approval.