Commercial
Podcast: The top five stories of the week
Siân Barton and Emmanuel Kenning analyse two key stories from the past week.
One Indemnity adds legal indemnities cover to portfolio
Division is part of One Broker group.
Insurtech start-up Konsileo secures £2.7m in funding
John Warburton's InsurTech start-up Konsileo is targeting 25 brokers after receiving funding.
In-depth - liability: Breaking free
The change in the Ogden discount rate has had a large impact on the liability market, but there are more factors at play in this fast-moving sector, Ed Murray writes
Academy moves back into profit in 2017
Chairman Dave Bard says broker is eyeing more acquisitions following its purchase of Glynwood Insurance Services last year.
Magenta invests in Iprism founder Gary Burke's MGU
New backer to "support rapid growth" of the managing general underwriter.
Integro buys Tysers
Combined UK wholesale divisions to operate under the Tysers brand.
Tasker merges its retail brokers
Maestro Insurance Services and Tasker Southeast brought together to create Tasker Insurance Brokers.
Blog: In marine cargo flexibility is key
Angela McCluskie of Fiducia pushes against creeping commoditisation in marine cargo and tells brokers there are opportunities for the taking in this complex market.
Covéa Insurance launches Excel Business Combined
Move comes after pilot project with brokers.
Aston Lark buys Ingram Hawkins and Nock
Deal is the broker's first since the merger of Aston Scott and Lark in June 2017.
Aviva targets medium sized SMEs
Aviva's Phil Bayles, MD of UK intermediaries, says insurer is in a good position compared to some of its competitors.
Saffron buys again with Continuum
Broker bought Grove Insurance last week.
Open GI unveils new platform Mobius
New applications cover brokers, insurers and MGAs.
Aviva posts UK profit rise for 2017 as COR improves to 93.9%
Group CEO Mark Wilson says provider is targeting bolt-on acquisitions in 2018.
Insurer consortium teams up on £20bn capacity trade credit platform
The Channel Syndicate and Canopius will provide capacity alongside Liberty Specialist Markets for the specialist e-trade facility.
GRP appoints Clive Nathan as CEO of MGA division
Ex-Towergate leader Nathan moves from Primary Group.
Manchester Underwriting Management buys Pelican
Charles Manchester targeting of £10m of GWP in the next 12 months.
Brendan McManus promises no pause to buying after Lorica deal
CEO says PIB will maintain focus on businesses with specialities.
Chartwell Healthcare bought by JLT
Broker Chartwell serves the UK SME sector and the deal takes GWP for JLT’s health and employee benefits divisions to £200m.
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.