Commercial
Ten takes small profit hit due to software house move
2018 results reveal a rise in turnover but a fall in profit at the AR network.
YouGov report reveals 73% of policy holders shop around for insurance
Report also found that only 14% of consumers use word of mouth when in the process of switching their insurance.
Hobbs reveals Allianz’s £35m debut at Lloyd’s
Lloyd’s box added 4,000 new customers to the insurer in its first year of trading.
Blog: The future of commercial broking
Sharon Bishop, Close Brothers Premium Finance CEO, explores the findings of the CBPF/Insurance Age Survey for commercial brokers.
Egan reveals thinking behind RSA's commercial merger
CEO says move will create efficiencies and does not deny that it may lead to redundancies but explains the aim is to bring clarity to brokers following feedback that RSA's current structure is hard to deal with.
The Blog Spot: RIP Jelf, hello Marsh Commercial - what's in a broking brand?
As Marsh rebrands Jelf, Insurance Age content director Jonathan Swift reflects on the passing of another name heavily associated with noughties broker consolidation
Jelf rebrand an opportunity for regional brokers, say experts
Brokers say Marsh's "inevitable" move could lead to staff exits and a shift away from local service as Jelf rebrands to Marsh Commercial.
Hyperion merges Howden and RK Harrison
José Manuel González will move to London to act as CEO of the combined group.
RSA brings together commercial divisions
The merge of CRS and GRS follows provider's decision to reduce its London market and specialty risks portfolios.
Das posts loss again but COR improves to 95.4%
GWP also increased for the legal expenses provider as the business reveals a number of management changes.
News analysis: Construction sector faces hit from hardening market
Brokers must prove their worth as industries face price hikes in professional indemnity insurance
Blog: Building certainty in construction
Steve Kelly, underwriting account manager at Allianz Engineering, Construction & Power, discusses how brokers can best help their construction clients prepare for Brexit.
Aston Lark completes £320m Goldman Sachs deal
The private equity provider is now majority owner of the broker.
Finch buys Bridle Insurance in biggest deal yet
Purchase is the eighth the firm has made since it became an Ethos Broking regional partner in 2016.
Brightside losses flat at £10m in 2018
CEO Brendan McCafferty says business is set to invest as it reports growth in adjusted Ebitda, broking revenue and GWP.
GRP exploring sale and reinvestment options
It is believed that the consolidator is seeking fresh investment that could see current investors, including Peter Cullum, have their stake diluted as backer Penta reaches the end of its traditional investment period.
Aston Lark buys Manchester broker
The purchase of Buckland Harvester adds £4m GWP and 15 staff to Aston Lark as the broker eyes more buys in the North West.
GS Group set to buy local broker
The business has struck a deal with I & D Insurance Services which is based in Alyth.
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.