Commercial
Intact's RSA takeover "on track" to complete in Q2 2021
RSA shareholders voted to approve the deal last month.
SRG buys trade credit specialist
The Channel Partnership was founded in 1992 and is SRG's third deal this year.
Jensten to accelerate M&A pace
CEO Alistair Hardie explains how the business is planning to grow in 2021.
Pen launches specialist fleet claims service
The proposition is designed for policyholders who transport hazardous goods.
Jensten acquires Packetts
The deal adds £13m in GWP to Jensten Group which is targeting £500m in GWP.
Ceta adds Ergo UK to insurer panel
Business says the move will strengthen its range and depth of cover within landlord insurance.
Markham teams up with AIG on crisis cover
The policy extension includes cover for criminal risks including abductions and blackmail, political risks such as terrorist attacks and war as well as catastrophic risks.
In-depth - ATE insurance: Boom time for ATE?
The ongoing recession and subsequent increase in insolvencies could prove to be a good time to get into commercial after the event insurance
Interview: Specialist Risk Group
CEO Warren Downey tells Sian Barton why SRG has something different to offer than the other players in the M&A space.
In-depth - ATE insurance: Don’t miss out on ATE opportunities
One certainty of the pandemic is that it will lead to a rise in litigation. History tells us that, in times of recession, people and organisations turn to the courts to resolve disputes or recover losses, and there’s no reason to think it will be any…
Covid claims push Beazley to $50.4m loss in 2020
COR deteriorates to 109%, but the provider says its outlook is positive as it also posts 19% rise in GWP.
In-depth - ATE insurance: A bright future for brokers and ATE
Why offering commercial after the event insurance could help brokers to stand out from the crowd
Blog: A broker reflection on pandemic cover
James Hallam’s Colin Watts calls for common sense and explains that, during a long career in insurance, the risk of pandemic has never been proposed as an insurable product.
Partners& establishes North East base
The broker takes Marsh branch director to head up the newly-developed team in the region.
Private equity behind 71% of UK broker deals in 2020
Exclusive: Mazars' Simon Fitzsimmons discusses why the broking sector is attractive to private equity and international investment and predicts we will see fewer larger deals in 2021.
Ardonagh buys specialist PI broker
Hera Indemnity, which specialises in professional indemnity insurance for solicitors and brings GWP of £41m, will become part of Ardonagh Advisory alongside brands including Ethos Broking, Broker Network, Compass UK and Towergate's regional branch…
Pen Underwriting launches standalone terrorism product
MGA says the new offering is part of its strategy to broaden its product suite for UK brokers, as it works towards its £1bn GWP target.
Newcastle-based MGA Generation bought by Arden UW
The combined group, part of Belfast-headquartered Willis & Company, will trade under the Generation brand and plans to expand its footprint across the UK.
FCA launches policychecker for BI customers
The regulator has developed the tool to help policyholders find out if their wording is affected by the Supreme Court's coronavirus ruling.
MGA Inperio updates terrorism proposition
A digital trading platform focusing on terrorism & sabotage has been developed for brokers.
Blog: Supporting confidence to trade amid twin disasters of Covid and Brexit
Milo Bogaerts, of trade credit specialists Euler Hermes, explores how the extension of the UK trade credit insurance state support scheme will help brokers and carriers create the confidence to trade for their clients.
Q Underwriting launches property and package division
The line is supported by capacity from Ergo UK Specialty which is part of Munich Re.
Howden to buy in the UK as it confirms £500m war chest
CEO David Howden hopes A-Plan will help attract UK brokers who do not want to join the "traditional aggregators" as it explores deals of all sizes.
Prometheus Insurance falls into administration
The Gibraltar-based insurer, also known as Tradewise Insurance Company, which went into run-off last year, cannot meet claims in full.