Commercial
Dye commits to great broker service following branch closures
The Allianz CEO points to 3.7% underlying business growth as he discusses the provider's half-year results and weighs in on the amended discount rate.
LV deal continues to affect Allianz numbers
Purchasing the remaining stake in LV has impacted the provider’s half-year numbers.
RSA’s Egan issues cautious welcome to H1 results
The CEO for UK & International is awaiting full year numbers ahead of any celebration as UK COR improves to 94%.
Marsh spent $98m integrating JLT last quarter
The $5.6bn deal completed on 1 April this year as the business flags a flat EMEA performance.
Van insurance premiums shoot up
The sector continued to display big pricing disparities across age groups and experts warn Ogden will increase market volatility.
Direct Line points to NIG growth in H1 results
In force policies at the broker-focused part of the business grew 2.4% as the group numbers flag a £15.9m Ogden hit.
G&M International introduces intellectual property insurance
The policy protects ideas, logos, designs and patents and provides business interruption and collateral protection.
Nexus buys specialty MGA Plus Risk Limited
Nexus group CEO Colin Thompson says to expect more acquisitions.
Aston Lark results out amid transformational year
Profit increased for the firm in first full year results since Aston Scott and Lark merged as the business commits to more deals with comparative analysis showing turnover of £57.4m.
Building body warns of “disaster” amid construction capacity squeeze
The Association of Consultant Approved Inspectors (ACAI) has called on the government to review its Approved Inspectors Scheme of Insurance.
Allianz appoints commercial lines pricing lead
Claire Buck has been promoted to the position after joining the provider in 2004.
CII launches brokers construction guide amid sector capacity issues
Organisation references Grenfell Tower tragedy as it unveils advice to brokers, including to identify which materials and dangerous substances are used in the building process.
Turnover grows but profits slip for Kelliher in 2018
The company blamed lower profits on a costly office move, as salaries increased and the balance of administrative and broking staff is altered.
InsurTech launches LEI business risk protection product
InsurTech Futures: Epoq Legal has made the add-on, which is designed for SMEs, available across the broker market.
Ex-Ardonagh deputy CEO Janice Deakin: "I need a break from big deals"
Former Ardonagh deputy CEO Janice Deakin has stepped back at the consolidator and vowed that she needs a ‘break’ from big deals having worked on the acquisition of Swinton, but added the idea of acting as a non-executive director at another firm…
CEO for Cobra Network revealed
Former boss Steve Burrows is set to remain as a consultant for the firm which recently became part of PIB.
Axa XL partly pulls out of leisure
Insurer to stop working with UK-based coverholder LeisureInsure from 1 August in a move which hits the Irish market.
Blog: Google UK boss explains why memorable branding is important
David Black, MD financial services at Google UK, illustrates how small brokers can capture the attention of millions.
Brokers must transform to evade threat of AI - report
Publication suggests that brokers who rely on their paperwork skills or only act as a go-between the client and underwriter will be challenged by AI solutions.
Mactavish criticises industry for "knee-jerk reaction" in hardening market
Technical director Rob Smart warns of capacity issues in construction and urges brokers to get started early to avoid leaving companies without insurance.
Construction firm unable to find insurance due to lack of capacity
Howden says current situation has put "incredible pressure" on the only compliant scheme available to customers.
Blog: What is JCT 21.2.1 insurance, and who needs it?
Tokio Marine HCC’s Julian Goodall considers the snappily-named clause developed to iron out liability issues in construction.
US-firm AssuredPartners buys Hettle Andrews
The move highlights the American company’s intention to develop its operations in the UK.
Saffron buys Bridge Insurance Services
Deal is the broker's fourth since being bought by Broker Network, now Ethos, in January 2018.