Commercial
Simply Business the template as Liz Bilney launches new broker Fuzzy Insurance
Liz Bilney, the former head of Somerset Bridge, has parked the plans for Lumun and rolled out commercial broker Fuzzy Insurance with a target of £4m gross written premium in the first year growing to 50 staff in year three.
The Broker Investment Group strikes first deal of 2024
The Broker Investment Group has taken its shareholding in Bedford-based £12m gross written premium broker Bullerwell Insurance to 100% in its first deal of 2024.
Bridgehaven backs MGA Alchemy’s professional risks launch
Bridgehaven Insurance has backed managing general agent Alchemy’s launch into the professional risks market.
New property MGA Ventis launches with ex-Covéa quartet
Ventis, a specialist commercial and residential real estate managing general agent, has opened for business.
Insurtech broker founder Halsey departs for software provider
Insurance software solutions provider Genasys Technologies has named former Taveo co-founder and COO Ed Halsey as its new vice president of marketing.
David Perry targets 15% growth for FSBIS per year
David Perry, CEO of FSB Insurance Service, told Insurance Age that the company is eyeing 15% member policy count growth per year and continual team development.
Circle grows turnover, profits and headcount
Post tax profits at Circle 1991, the holding company for Circle Insurance Services, rose by nearly 20% in the year ended 30 April 2023 as turnover and headcount also grew.
Canopius adds ex-PIB and QBE leader Matthew Crane as head of UK distribution
Canopius has added Matthew Crane to its UK executive committee in the newly created role of head of UK distribution.
RSA teams up with Brit to launch Project Cargo consortium
RSA and Brit have launched a new Project Cargo consortium, BUILD, offering guaranteed capacity of up to $285m (£223.8m) for risks worldwide.
Paul Dilley exits RSA for Bridgehaven
Hybrid fronting insurer Bridgehaven Insurance has appointed Paul Dilley as chief underwriting officer joining from RSA owner Intact.
Jane Kielty named Aon UK CEO
Aon has promoted Jane Kielty to UK CEO, she will be part of the EMEA leadership team and report to CEO of EMEA, Julie Page.
Bridgehaven unveils first UK MGA fronting partnership
Hybrid fronting insurer Bridgehaven Insurance has made its first move partnering with managing general agent Avid Insurance on property excess of loss insurance solutions for registered providers of social housing.
Ecclesiastical powers up pet in schemes push
Ecclesiastical Insurance has partnered with Brooks Braithwaite, part of the Petcover Group, to deliver a new scheme aimed at pet professionals.
JMG adds £100m of deal firepower
JMG Group has raised an additional £100m of committed acquisition facilities from existing lender, Ares Management, Insurance Age can reveal.
Cowbell expands cyber appetite from SMEs to £1bn turnover firms
Cowbell has extended the reach of its cyber insurance beyond SMEs to cater for businesses with an annual turnover of up to £1bn.
Hug Hub stakes revolution claim with “first of its kind in the UK” extranet roll out
Hug Hub has launched Extranet Hub, an aggregator-style quote tool, claiming it is the first of its kind in the UK that promises to revolutionise commercial quoting for brokers.
Ex-Towergate boss Joe Thelwell joins Aon
Aon has appointed former Towergate Insurance Brokers CEO, Joe Thelwell, as UK head of SME.
Liberty Specialty Markets takes Andrew Jackson from WTW for key broker role
Liberty Specialty Markets has added Andrew Jackson from WTW as global head of business development and market management.
Opinion: The role of LEI in 21st century justice
Access to justice is one of the cornerstones of civilised society; without it, law and order risk breaking down, threatening the stability we’ve come to take for granted, argues Arc Legal’s Tim Mullin.
Reich posts flat turnover and lower profits as sale costs bite
Reich Insurance Brokers grew turnover by a ‘marginal’ 1% to £14.82m in the year of its sale to Howden.
Travelers completes Corvus buy
The purchase of cyber specialist managing general underwriter Corvus Insurance went through on 2 January, Travelers has confirmed.
W Denis profits slip back after record year
W Denis has posted a fall in profits and turnover for the year ended 30 June 2023, slipping back from record highs the previous year.
Partners& deal prices revealed
Partners& paid out £15.2m for five purchases made in the year ended 31 March 2023, a filing at Companies House has revealed.
Review of the Year 2023: Markerstudy’s Gary Humphreys
Markerstudy group chief underwriting officer Gary Humphreys bigs-up the acquisition of Atlanta Group, and admits he did not anticipate Adam Winslow swapping Aviva for Direct Line Group.