Commercial
PIB Group buys Lorica
The deal for the broker is PIB’s 13th investment.
Ataraxia takes stake in Glowsure
The broker now plans to grow through local acquisition.
Profits rise and COR improves at Direct Line in 2017
Policy count and premiums drop at NIG.
Amanda Blanc “exceptionally pleased” with UK & Ireland performance
The CEO praised the impact of the business' commercial lines division and insisted the "excellent" results had no bearing on McCafferty’s exit.
Steve Lewis confident RSA UK will “bounce back” in 2018
Provider "not concerned" following £116m underwriting loss in 2017.
CEO Watson "encouraged" by Ageas UK 2017 results
Insurer urges government not to delay new Ogden legislation as it moves back into profit.
Arnott Marine launches marine liability facility for UK brokers
Product designed for small businesses with £200,000 or less in turnover.
PIB launches risk management business
The consolidator has merged Sigerson Associates and Ford Risk Management to create the division.
Allianz moves in further on Euler Hermes
Latest investment takes Allianz's outlay up to €1.5bn.
Nexus Group buys MGA Apsley Specialty
Nexus says deal expands its directors and officers and financial institutions offering which it wants to grow to £35m of GWP by 2020.
Former Axa director Matthew Reed launches healthcare MGA
Equipsme to sell SME product through general insurance brokers targeting 30,000 firms in two years.
AIG posts $6.7bn loss for final quarter of 2017
COR for the full year comes in at 117.3%.
Quizzical questions: 9 February 2018
Test your knowledge of the week's news with our topical quiz.
GRP buys Camberford Law
Insurance Age has learned that the deal sees MD David Ottewill leave the wholesale specialist.
Tax charge causes profits to tumble at Marsh & McLennan in 2017
Broker posts increase in revenue.
Thistle launches high risk and construction products
MGA takes on new staff to run the schemes.
Claims job losses due to fewer cases and digitalisation, says Allianz’s Gibson
Boss says the latest cut is last in claims for the foreseeable future.
“Business as usual” for brokers amid LV and Allianz redundancy risk
400 people could be laid off at both insurers following the “game-changing” transfer of personal lines to LV and commercial lines to Allianz.
Eighty claims people at risk at Allianz
Job losses in addition to 400 potential redundancies caused by Allianz/LV merger.
Up to 400 redundancies from LV/Allianz deal
260 people in the LV commercial broker and claims division are at risk alongside 140 people from Allianz’s UK personal lines business.
Gibbs to focus on people and partnerships to build RSA with brokers
New boss of commercial risk solutions prioritises flexibility and ease of doing business.
Podcast: The top five stories of the week
Ida Axling and Emmanuel Kenning cast their eyes over the top stories of the week.
Chubb refreshes real estate division
The offering brings together underwriting, claims management and multinational servicing following broker feedback.
Blog: Demand a better claims experience for clients
Lorega’s Neill Johnstone calls on brokers to apply pressure to providers to improve the claims experience for SME clients.