Commercial
TH March grew profits and turnover in run-up to EOT
Specialist jewellery and allied trades broker TH March boosted annual profit-after tax by 63.7% to £781,000 in the run-up to switching to an employee ownership trust.
Broker hires ex-Bolt insurance head to lead new future mobility arm
The Plan Group has launched a new venture to deliver solutions for electric and autonomous vehicle technology providers.
Allianz adds Head from RSA for MGA-focused post
Allianz Commercial has taken Daniel Head from RSA, where he led partnerships, as its new head of delegated authority and portfolio solutions for UK global and international markets.
UK commercial market softening continues at 6% – Marsh
Commercial market rate softening in the UK continued at 6% in the second quarter, according to Marsh, identical to the pace at the start of the year.
Clear reveals £171m buying bill
Clear’s 12 strong acquisition spree in the year ended 31 October 2024 generated a £170.9m bill, a filing at Companies House has revealed.
Brown & Brown buys bloodstock specialist broker
Brown & Brown Europe has bought private client, bloodstock and farm & estate specialist broker Weatherbys Hamilton for an undisclosed amount.
MGU teams up with HSB for construction launch
Victor Insurance UK has launched a contractors all risks insurance product targeting contractors and subcontractors with up to £20m in annual revenue.
Biba’s Trudgill on advertising cut through and ‘huge groundswell’ of support
The British Insurance Brokers’ Association’s first national advertising campaign to promote insurance brokers to SMEs has led to an increase in firms saying they would use a broker and raised the name recognition of the trade body, initial data has…
Aviva leans into digital with enhanced freight liability insurance launch
Aviva Global, Corporate and Specialty has rolled out freight liability insurance on Acturis for the first time alongside making the enhanced version available on Fast Trade.
UK brokers and MGAs rebranded ‘to drive scale’
HW Kaufman Group has unveiled plans to consolidate its broking and underwriting brands outside of North America.
Pen seals new solicitors’ PI facility after IGI capacity deal ends early
Pen Underwriting has put new solicitors’ professional indemnity business on hold while it finalises a new long-term capacity deal for the product line.
CFC eyeing up £5bn+ London Stock Exchange listing – FT
CFC is exploring options including listing on the London Stock Exchange, according to the Financial Times.
Clear boosts revenue by nearly one-quarter in 2024
Clear Group grew revenue by 24.5% to £93m in the year ended 31 October 2024, Insurance Age can reveal.
UK Broker Awards 2025 shortlist revealed
Today Insurance Age can reveal the shortlist for the 2025 UK Broker Awards.
Education key as AI adoption faster than ever, says CFC’s Radu
Focusing on the end client and education programmes spanning policyholders, brokers and insurers is key to success as companies ramp up the use of artificial intelligence, CFC head of technology Aura Radu told Insurance Age.
With the Gallagher deal off the table, what are the next steps for PIB?
With PIB and its PE investors choosing to go again rather than sell to Gallagher, content director Jonathan Swift ponders what might lie ahead for the pan-European consolidator in an era of indigestion and M&A indifference.
Interview: ERS managing director Martin Hall
The newly appointed ERS managing director Martin Hall speaks to Jonathan Swift about how it plans to maintain its profitable growth through embracing data/technology, focusing on opportunities in mobility innovation and being the go-to market for brokers…
Axa’s Walker and Aviva’s Storah tackle monthly payments, flooding and Consumer Duty in parliamentary session
Jon Walker, CEO of Axa Commercial, has highlighted the valuable service of pay monthly options, and urged the government to increase flood defence spending, in a parliamentary session held earlier this week.
Interview: Georgina Davis, head of regional market for the Midlands, South West and Wales at Zurich
In her first interview since taking up the post of head of regional market for the Midlands, South West and Wales at Zurich, Georgina Davis tells Insurance Age about the goal of smashing the 30% growth target and her route to the “coming home” role.
JMG strikes 50th deal
JMG Group has completed its 50th acquisition since its 2020 management buyout, snapping up London-based Profile Insurance Services.
Close Brothers to cut broker relationships in personal lines pull back
Close Brothers has confirmed it will exit some broker relationships over the next year as it pivots away from personal lines premium finance to focus on commercial business.
Cheesbrough outlines M&A and tech plans as Movo enters ‘2.0’ growth phase
The Movo Group of Companies is poised to enter a new period of M&A activity and member sign-up following the sale of a majority equity stake to AUB in October 2024.
Interview: Brendan Devine, CEO of Atec Group
In his five years as CEO of Atec Group Brendan Devine has led the business to more than double policy numbers and profit organically, now having struck its first acquisition buying Moorhouse last month he explains how it will triple in size over the next…
Broker pot FSCS compensation ticks up to over £700,000
Claims against the general insurance distribution class, in which brokers sit, resulted in the Financial Services Compensation Scheme paying out £722,000 in the year ended 31 March 2025.