Commercial
Ardonagh snaps up Sentinel for Ethos
Ardonagh Advisory has struck its second deal of the week buying self-drive hire specialist Sentinel Insurance Solutions.
Withers replaces Fletcher as Ecclesiastical schemes boss
Chris Withers is to head up Ecclesiastical Insurance’s schemes business following the retirement of Tony Fletcher, the insurer has announced.
ABI reveals soaring trade credit claims
The Association of British Insurers has revealed member trade credit insurers received 5,300 claims for businesses in the first quarter of 2023, up 81% on the same period last year.
Howden buys Media Insurance Brokers International
Howden has bought UK and Irish film and television specialist Media Insurance Brokers International.
Former CII COO Bissell appointed Cila executive director
The Chartered Institute of Loss Adjusters has appointed John Bissell as executive director. He will take on the leadership role in September 2023.
Clear Group strikes first MGA deal
The Clear Group has acquired a 50% shareholding in Thomond Underwriting based in the Republic of Ireland and Northern Ireland, the broker’s first MGA deal.
Jensten snaps up broker to head Northern regional hub
Jensten Group has bought Lake District-based Simpson and Parsons to become its Northern regional centre of excellence.
Ardonagh acquires PB Curran and rolls it into Ethos
Ardonagh Advisory has acquired PB Curran, an independent broker specialising in commercial, landlords, farming and private clients insurance.
The Broker Investment Group buys out Hallsdale Insurance Brokers
The Broker Investment Group has bought out Kettering-based Hallsdale Insurance Brokers, having previously invested for a 30% stake in 2018.
Renovation Underwriting rolls out non-negligence liability cover
Managing general agent Renovation Underwriting has launched non-negligence liability cover available either as part of a wider renovation cover or as a standalone product.
LMG unveils Futures Academy to boost under 30s working in specialty insurance
The London Market Group has announced that the EC3 insurance community will host its first 'Futures Academy', providing a fortnight of industry insights for more than 100 Year 12 students.
Ecclesiastical targets leisure venues in growth drive
Ecclesiastical is launching a new leisure product as part of its plans to double the size of the business.
FCA research shows brokers outperforming financial services on Consumer Duty understanding
Detailed research by the Financial Conduct Authority has revealed brokers are ahead of the financial services industry on almost all metrics of Consumer Duty understanding.
JMG strikes 10th deal of 2023
JMG Group has bought Cheshire-based Blackfriars Group, taking its deal total for 2023 to 10.
New insurtech aims to ‘revolutionise’ non-standard motor broking
A new insurtech named Kwoter aims to ‘revolutionise’ insurance broking in non-standard risks.
Aston Lark continues expansion with Reading branch
Aston Lark has opened an office in Reading – its third new branch in 2023 – as part of the broker’s regional push.
MGAA names Signature Underwriting as 200th member
The Managing General Agents’ Association has named niche motor hire specialist Signature Underwriting as its 200th MGA member.
Lockton takes Clarissa Franks from Marsh as head of UK P&C retail
Lockton has swooped for Clarissa Franks as head of UK P&C retail. Franks is joining from Marsh and will take up the post in November.
EY pegs UK motor NCR at decade worst 109.5%
The UK motor insurance market experienced its worst performing year in a decade in 2022, with further losses expected this year, according to EY’s latest UK Motor Insurance Results report.
Insurtech Innovative Risk Labs enters Lloyd's
Innovative Risk Labs has staked a claim for being the first-ever broker of its kind to secure a license to operate within the Lloyd's market.
JMG strengthens in southern England with further Southampton buy
JMG Group has bought commercial insurance broker GR Marshall, its second deal in Southampton this year.
Partners& grows in Scotland with Hart Insurance Brokers acquisition
Partners& has extended its geographical presence through the central belt of Scotland, adding Hart Insurance Brokers.
Commercial Express teams up with Brit and Ascot for shop scheme
Managing general agent Commercial Express has unveiled a new shop scheme.
Simply Business parent Xbridge posts revenue rise but profits slip
Online broker Xbridge, which trades under the name Simply Business, saw a slight fall in profits in 2022 as revenue grew by 13%.