Commercial
Searchlight Capital Partners takes majority stake in GRP
The deal sees founders Peter Cullum and David Margrett retain a minority stake in the company alongside Penta Capital.
H&R Insurance Services buys APL Insurance Services
The deal was for an undisclosed sum and concluded at the end of 2019.
Clark Thomson profits double as it sets Marsh integration date
Broker’s trade and assets will be integrated as part of Marsh in April or May 2020.
Aston Lark buys Isca Barum in first deal of 2020
Smallholding and farm insurance specialist brings £5m of GWP and 20 staff to Aston Lark.
Les Brewin to exit Marsh-owned Purple
As Brewin is set to retire no replacement has been announced for the network which became part of Marsh following its 2015 Jelf acquisition.
Keychoice teams up with NIG on commercial vehicle policy
NIG has also added two new products on SSP's commercial e-trading platform.
Beazley adds data breach prevention to cyber suite
Provider partnered with HewardMills to develop the offering.
Tony Allen reveals expansion plans for Markerstudy-backed MGA
The former A&A broker boss, who set up Insenture Underwriting last year, discusses his new venture alongside his son Lloyd Allen.
Biba focuses on access to insurance in 2020 manifesto
Manifesto includes 37 commitments and 29 calls for action across nine key areas including regulation, broking challenges, Brexit, and transport.
Hyperion reveals £300m spending pot and multiple deal wish list
CEO David Howden says revenue and GWP increases for 2019 were driven by organic growth as the broker reveals it is looking at 20 acquisition targets.
Markerstudy forced to go "on hiatus" for new quotes in commercial lines
Group commercial director Gary Humphreys says MGA is in talks with two potential providers after it was asked by backer QIC to find alternative capacity for its commercial SME book.
Vizion establishes health and fine art divisions
Matthew Howells and Peter Bownes-Johnson join the broker as partners.
Banks-owned Somerset Bridge to sell Business Choice Direct
Group had held a 51% stake in Business Choice Direct since it was spun out in 2016.
Bruce Stevenson commits to independence amid M&A interest
CEO Edward Bruce said consolidator interest in the Scottish broker was increasing as it posted ‘record’ turnover for 2019.
Former MS Amlin underwriter launches equine MGA
David Ashby Underwriting will service MS Amlin's livestock and bloodstock business as part of the agreement.
Bruce Stevenson posts ‘record’ turnover for 2019
Broker credited growth to renewable energy, social housing, and food and drink.
GRP buys Birrell Group to create Midlands hub
Broker becomes GRP's eighth major hub and will retain its brand, with all staff remaining with the business.
The Insurance Age Podcast: 10 January 2020
Laurence Eastham and Siân Barton consider the top stories from the first full week back in the office in 2020, focusing on Gefion and the recent spate of run-off announcements.
Brokers predict more marine exits after Beazley run-off
Marine specialists expect to find replacement cover in the short-term, but predict that more market hardening is on the way.
Beazley places UK regional marine book in run-off
Decision could result in a small number of redundancies as the insurer pointed to pressure and low margins in the sector.
Lifesure moves into commercial with fresh broker launch
Barnes Commercial Insurance Broker has been set up by the firm as a separate business to focus on medium-sized SMEs and professions.
Brunel takes from Jelf/Marsh Commercial for Scotland lead
James Packer will look after Scottish business that Brunel had placed with its southern offices.
Diversity and Inclusion in Insurance Awards winner: Covéa
Following last month's Diversity and Inclusion in Insurance Awards, we caught up with all the winners. Today, we talk to Lisa Meigh, director of HR & learning at Covéa, about the insurer's win in the Staff Empowerment category.
Diversity and Inclusion in Insurance Awards winner: Zurich's Maxine Goddard
Following last month's Diversity and Inclusion in Insurance Awards, we caught up with all the winners. Today, we feature the Race Equality Champion, Maxine Goddard, head of sales operations and planning at Zurich Insurance.