Commercial
GRP health & safety move a "natural progression"
But the consolidator is not planning to expand in the risk management space following H&S Click purchase.
Aon UK confirms solicitors’ PI cover has been withdrawn
Its MGA Maven Underwriters lost Lloyd’s support and Aon states it has found alternative cover for its clients using Maven.
Ardonagh confirms the end of all Swinton retail branches
CEO David Ross reveals plans for Ardonagh to double in size in the next three to five years, as results for the first half of 2019 show growth in retail and broking segments.
PIB u-turns on pledge to keep Albany Childcare brand
PIB will integrate childcare broker Albany Childcare into Morton Michel, despite promising at the time of purchase it would keep the brand.
Broker Expo: Insurance Age broker survey reveals consolidation concerns
Brokers attending the event have shared their thoughts on M&A in the market ahead of the Expo on 7 November.
Avid agrees sale of majority stake to Beech Tree
The private equity move sees co-founder Gary Edmondson leave the managing general agent.
THB pledges support for Fleet UK
The move follows Zurich’s exit from the scheme.
Zurich cuts scheme contract with Fleet UK
Fleet UK is part of THB Group and the agreement had been in place for 23 years.
Ardonagh shutters Swinton's advised commercial business
Advised clients will be transferred to Towergate and the move, which will lead to redundancies, is likely to result in branch closures.
PIB sets sights on long term investment deal
The recently re-financed business is aiming to find a longer-term backer in 2021.
Profits drop at Alan Boswell in 2019
But turnover increased slightly at the Norwich-based broker.
Tokio Marine Kiln closes Birmingham branch
Move follows decision to place Tokio Marine Kiln Insurance into run-off in June.
Video: Close Brothers survey reveals broker optimism
Close Brothers Premium Finance CEO Sharon Bishop discusses the results of its recent broker survey in part one of our Q&A series.
Aviva pledges no market exits
CEO of general insurance Colm Holmes says life and GI split is going "smoothly" and discusses premium drop in "choppy" personal lines market as MD of intermediaries Phil Bayles pledges that Aviva will not exit any business lines.
Cyber insurance payout rates at 99%, claims ABI
The cyber insurance battlefield is far from clear as the trade body calls on the ICO to make more breach data available publicly.
Aviva UK GI profits fall in first half of 2019
Provider says results were impacted by bringing the GI business together with UK Digital, as it moves ahead with its cost reduction plan.
Dye commits to great broker service following branch closures
The Allianz CEO points to 3.7% underlying business growth as he discusses the provider's half-year results and weighs in on the amended discount rate.
LV deal continues to affect Allianz numbers
Purchasing the remaining stake in LV has impacted the provider’s half-year numbers.
RSA’s Egan issues cautious welcome to H1 results
The CEO for UK & International is awaiting full year numbers ahead of any celebration as UK COR improves to 94%.
Marsh spent $98m integrating JLT last quarter
The $5.6bn deal completed on 1 April this year as the business flags a flat EMEA performance.
Van insurance premiums shoot up
The sector continued to display big pricing disparities across age groups and experts warn Ogden will increase market volatility.
Direct Line points to NIG growth in H1 results
In force policies at the broker-focused part of the business grew 2.4% as the group numbers flag a £15.9m Ogden hit.
G&M International introduces intellectual property insurance
The policy protects ideas, logos, designs and patents and provides business interruption and collateral protection.
Nexus buys specialty MGA Plus Risk Limited
Nexus group CEO Colin Thompson says to expect more acquisitions.