Commercial
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.
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.