Commercial
Covid-19: Brokers ban meetings and push remote working
Updated: The largest brokers in the UK revealed measures in place to protect staff and customers from coronavirus.
Aon/WTW: Independent broker values set to rise following deal
Deal creates UK broker “unicorns” as Marsh moves to number two on the global broking table.
A-Plan buys Cotters Insurance Brokers
The personal lines specialist has bought the Northampton-based SME commercial expert.
PIB makes motor trade move
The organisation has purchased a Top 100 broker to strengthen its motor proposition.
UK Broker Awards 2020 open for entries
The event, which celebrates the best in UK broking, is now accepting submissions.
Axa confirms position on coronavirus business interruption coverage
Updated: The provider won’t cover for Covid-19 unless it is specifically named in the terms as other insurers including RSA, Allianz, NIG and Ageas respond to the crisis.
Blog: Brokers on the front line of understanding SME Covid-19 exposure
As the government struggles to contain the spread of coronavirus, Lorega’s Angus Tucker, considers SME policies might respond and calls on brokers to be proactive in reviewing client policies.
Aviva confirms partial pull-back from personal lines broker market
General insurance CEO, Colm Holmes, says provider has exited some "unprofitable relationships" in personal lines, but highlights Aviva will "significantly invest" in the broker channel going forward.
Ethos Broking creates Midlands hub
The organisation has purchased Perry Appleton which is based in Rugby and controls £7m in GWP.
Aviva UKGI profit falls by 35%
Aviva says UK business was impacted by an alignment of the UK digital business with GI, as CEO Maurice Tulloch says provider has made "good progress" on its cost-cutting plan.
GRP-owned Sagars buys Preston broker
Anderson Ashcroft has been bought for an undisclosed sum.
Coverly confirms growth plans amid redundancy threat at parent firm BFS
The SME-focused insurtech was launched by former Aviva and Brokerbility expert, Jodi Cartwright, in 2019.
Mactavish calls for radical reform of the UK insurance industry
Consultancy says the UK insurance sector is on an “unsustainable trajectory” as it warns of a decline in broking and underwriting skills.
Saffron buys Romford-based C&M Insurance
Deal is the broker's seventh since it was bought by Ethos Broking in 2018.
Profits fall at Direct Line in 2019
COR deteriorated to 92.2% as provider says results were impacted by Ogden and restructuring costs.
GRP hub Greens makes first deal of 2020
Broker buys Hastings-based SME and personal lines specialist Manor Insurance Services as it reveals it has more deals in the pipeline.
Sutton Winson snaps up health and protection broker
Broker says acquisition of Flexible Health will allow it to expand its private medical insurance offering to individuals.
ERS says Ogden drove up COR in 2019
Profit and GWP improved at the motor provider.
RSA is "getting its mojo back" says UK boss Scott Egan
Egan points to growth in RSA's regional commercial broker book as UK business moves back into profit.
Miles Smith owner SRG planning several more deals this year
Exclusive: Group CEO Warren Downey, who joined from JLT last year, outlined the firm's M&A plans.
RSA reports “strong results” after “disappointing” 2018
Performance at group and UK & International level improved and COR was 95.0% as the business noted the impact of discipline and portfolio exits.
Jensten Group hits acquisition trail
Exclusive: The organisation, formerly known as Coversure, is set to buy across its retail and wholesale divisions.
C-Quence's P&C launch backed by NIG
Exclusive: The MGA will launch its P&C product suite in early March, aiming to eventually target 21 industry sectors.
Allianz committed to "under-performing" commercial property business
UK CEO Jon Dye comments on the insurer's financial results for 2019 and discusses broker support and acquisitions.