Commercial
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.
Admiral drives into taxi market with broker partners
Admiral Business has teamed up with three brokers to launch into taxi insurance, labelling it a “growing and underserved market”.
Folgate grows PI appetite with new product and recruit
Folgate Underwriting Agency has appointed Paul Freeman from Liberty Specialty Markets as chief underwriting officer for professional indemnity, to lead its PI team as it launches a financial advisers and mortgage brokers product.
Granite moving onto broker software houses
Niche and non-standard motor specialist Granite Underwriting will be rolling out products on at least one software house this year, managing director Alistair Rose told Insurance Age.
Meet the MGA: Kovrilo co-founder and commercial director Sonia Habib
Kovrilo co-founder Sonia Habib speaks to Jonathan Swift about how its use of technology, adherence to claims excellence and a pick n’ mix modular approach means the start-up MGA is much more than just another commercial combined player.
rrelentless targets SMEs and mid-market with management liability launch
Managing general agent rrelentless has strengthened its financial lines proposition with the launch of a management liability product as it seeks to be ‘a go-to market for brokers’.
Aviva to open US commercial lines branch in New York
Aviva is setting up an onshore surplus lines business in the US, based in New York City, with a target of starting to trade in the second quarter of this year in a move it claimed will strengthen its proposition for brokers and clients.
The stats: Commercial rates continue to fall in Q4 2025
The latest Acturis Commercial Broking Index confirms softer market conditions, as negative movements in Q4 led to rate stabilisation for the full year and put a stop to a six-year growth period. Ida Axling reports.
Dual UK enters credit risk insurance market
Dual UK has rolled out long-term credit risk insurance with an AA- rated policy it claimed can support cross-border trade.
Amiga Specialty adds more financial institutions capacity
Managing general agent Amiga Specialty has added capacity from Axa XL to its financial institutions arm.
Arc Legal launches Renters Rights ready cover for landlords
Arc Legal has launched an enhanced landlords legal expenses proposition for brokers, managing general agents and letting agents, flagging it came in readiness for implementation of the Renters’ Rights Act on 1 May 2026.
Starr completes deal for ERS owner
Starr has completed the acquisition of motor insurer ERS’ parent, IQUW Group.
Berkshire Hathaway to take 2.5% stake in Tokio Marine in £1.35bn deal
Berkshire Hathaway is taking a 2.5% shareholding in Japanese insurance giant Tokio Marine Holdings, in a partnership deal designed for mergers and acquisitions and reinsurance.
HDI launches new portal for fleet owners and brokers
HDI Global UK & Ireland has launched a new centralised motor fleet portal, which it claims will provide “a one-stop digital platform for fleet operators and brokers”.
Ecclesiastical stays on profits and growth path in 2025
Ecclesiastical Insurance maintained underwriting profits in the UK and Ireland in 2025 as gross written premium grew and the group’s pre-tax profit rose again.
ANV buys Blink Intermediary Solutions owner
Recently formed ANV Group, owner of Arc Legal, Collegiate, Qualis and Abacus, has signed up to buy Blink Intermediary Solutions owner Iris Insurance Brokers.
Lloyd’s insurer targets SMEs with new cyber launch
Lloyd’s insurer Brit has launched C360, a new cyber product for SMEs which aims to give broker clients access to simple but broad cover.
Granite launches 25+ vehicle taxi fleet product
Granite Underwriting has launched a 25+ vehicle taxi fleet product, covering private hire and public hire vehicles.
Lloyd’s reveals ‘strong’ underwriting performance and ‘disciplined’ growth in 2025
Lloyd’s has revealed a 4.2% hike in gross written premium to £57.9bn in 2025, and a new five-year strategy, as pre-tax profit broke through the £10bn barrier.
CFC launches quality defect endorsement for product recall worldwide
CFC has launched a quality defect endorsement claiming it offers the ‘broadest version’ available worldwide.
Sodalis buys MGA Amiga Specialty
Sodalis Capital, the recently created investment venture focused on international insurance intermediaries, has snapped up managing general agent Amiga Specialty in a £1.8m deal that sees private equity house BP Marsh exit but keep a stake in the new…