Commercial
MGA sells D&O arm to “accelerate the development of new lines”
Managing general agent Rising Edge has confirmed the sale of its management liability business, to K2 International.
Marsh publishes first FY results since rebrand
Marsh has today reported that its Risk & Insurance Services revenue was $17.3bn for the full year ended 31 December 2025, an increase of 12% (2024: $15.4bn), or 4% on an underlying basis.
Aviva enhances mid-market motor trade and property owners
Aviva has made enhancements to its regionally traded mid-market motor trade and property owners products.
Intact joins Gracechurch’s SQM hall of fame
Gracechurch has awarded regional Service Quality Marques to six insurers, with Intact joining the roster, while Allianz was the only provider to secure recognition for both underwriting and claims.
Survey: Rebuilding trust in commercial combined
Commercial combined etrade was meant to simplify placement. Instead, brokers say rigid systems, slow referrals and automated declines are making one of the market’s most important products harder to trade. Martin Friel reports
Cullum and McCaffrey on Minority Broker Partnerships’ aim to hit £100m GWP by end of 2026
Launched without much fanfare, Minority Broker Partnerships reunites Peter Cullum and James McCaffrey into the intermediary investment space. However, as the pair tell Jonathan Swift the market has changed since their last attempt - with younger brokers…
Arch adds cyber coverage to event cancellation policies
Arch Insurance International has launched event cancellation cyber coverage.
Brit launches integrated cyber and financial institutions cover
Brit has rolled out joined up cover across cyber, professional indemnity, directors’ and officers’ liability, and crime in an integrated package for financial institutions.
Interview: Meet the Biba drone scheme providers who want to double the business and crack the US market
With 80,000 UK policyholders and a renewed Biba scheme under their belts, Coverdrone leaders Phil and Andrew Heath are bullish about doubling the business over the next two years and have long-term international expansion plans.
‘Softening’ of language offers Zurich hope over Beazley deal, say analysts after latest bid rejection
The sixth time could be the charm and a Zurich takeover of Beazley is still possible, according to analysts at Jefferies who have put forward a potential top price of 1,408 pence per share.
Beazley reveals it rejected higher £8.4bn Zurich proposal in 2025 as it dismisses latest approach
Lloyd’s insurer Beazley’s board has rejected Zurich’s recent £7.67bn takeover proposal, revealing it dismissed a higher offer valuing it at £8.4bn in June 2025.
Marsh-owned MGU targets property owners business with new flexible product
Marsh-owned Victor Insurance UK has launched a flexible property owners product on its own digital platform and Acturis, bringing together three existing policies into one.
Beazley board ‘not yet had the chance to consider’ £7.67bn Zurich takeover proposal
The board of Beazley has responded to Zurich’s bid confirming it has not had time to consider the improved offer having rejected a previous approach.
Zurich ups Beazley bid after offer rejected for ‘significantly undervaluing’ target
Zurich has submitted an improved proposal to the board of Beazley worth 1280 pence a share, valuing the insurer at £7.67bn.
Biba to open AI Academy
The British Insurance Brokers’ Association is working with Markel to offer an AI Academy for the trade body’s members.
Financial lines MGA Verde Risk Management launches
Verde Risk Management has launched, specialising in the financial lines market, predominantly commercial crime, management liability and financial institutions.
Lloyd’s broker Servca acquires specialist PI book
Superian Insurance Group has acquired the renewal rights for O3 Specialty, a broker that specialises in professional indemnity cover for financial advisers.
MGA founder replaces outgoing PIB underwriting and distribution CEO Burgess
PIB Group is promoting Chris Jackson to become CEO of its underwriting and distribution business.
Axa UK recruits Dunn from Zurich to replace retiring commercial CUO Ovenden
Axa UK Commercial has recruited Zurich’s Caroline Dunn as chief underwriting officer to replace the retiring incumbent, David Ovenden.
Markel launches life science combined
Markel has launched life science combined created specifically for SMEs operating in the sector.
Video Q&A: Arch’s Mark McGrady on the importance of getting to know customers in the emerging liability space
In this video – the last in a three part series – Mark McGrady, liability underwriting manager, UK regions, Arch discusses the opportunities in the emerging liability space.
JMG spend on deals surges to new high in year before PE investment
JMG Group spent £89.62m on buying in 2024/25, the financial year ahead of private equity firm GTCR investing alongside existing backer PE house Synova and the broker’s leadership team.
QBE gets ready to launch into media PI
QBE is preparing to launch into the media professional indemnity market and has recruited two underwriters ahead of rolling out the product.