Commercial
Acturis expands cyber offering with Qomplx
Qomplx’s WonderCover product offers parametric cyber cover either as a standalone product or as an add-on.
Watson blames Ageas profit fall on motor book
Ageas UK CEO, Andy Watson, discusses the issues impacting the provider's 2019 results and recent changes in its broker business.
Bollington announces third deal this year
Group has added £9m GWP and 19 staff with its purchase of Midlands-based CLA (Risk Solutions).
Ageas UK reveals 21% net profit fall
CEO Andy Watson says results were driven by difficulties in the motor market.
The Insurance Age Podcast – 14 February 2020
News editor Ida Axling and editor Siân Barton look over the top stories for the week.
aQmen refreshes recruitment product
Cyber liability has been added to the cover alongside a number of additional features.
Clear Group acquires rights of light specialist
Lights & Legal managing director Dean Perkin will stay with the firm.
Mactavish warns of underinsurance in commercial property
Consultancy says that cyber elements of commercial property cover are increasingly being removed.
In-depth - commercial: The property pressure cooker
Commercial property is facing hikes in premiums as insurers take a tough line on claims. Sam Barrett finds out why and discovers what steps brokers can take to weather the hardening market
In-depth - commercial: What’s next for fleet?
Upheaval in the motor market caused by improving safety features, the increased price of repairs and a drop in capacity could provide opportunities for brokers. Sam Barrett reports
Consolidators behind half of broker deals in 2019
Exclusive: Research from Mazars shows 83% of brokers feel that the current levels of consolidation are sustainable.
CLS launches planning refusal cover
MGA has worked with Team Partnership to develop the offering.
Van insurance premiums rising faster than the rate of inflation
Research by Consumer Intelligence shows the average van premium has risen by 37.4% since April 2014.
GRP retains hub focus following Searchlight deal
The investment will help GRP continue to buy UK brokers according to newly promoted Mike Bruce.
News analysis: Insurer run-offs could leave brokers searching for capacity
As providers continue to pull out of unprofitable lines of business, a generation of brokers who have never known a hard market could struggle in a capacity crunch, industry experts have warned.
Searchlight Capital Partners takes majority stake in GRP
The deal sees founders Peter Cullum and David Margrett retain a minority stake in the company alongside Penta Capital.
H&R Insurance Services buys APL Insurance Services
The deal was for an undisclosed sum and concluded at the end of 2019.
Clark Thomson profits double as it sets Marsh integration date
Broker’s trade and assets will be integrated as part of Marsh in April or May 2020.
Aston Lark buys Isca Barum in first deal of 2020
Smallholding and farm insurance specialist brings £5m of GWP and 20 staff to Aston Lark.
Les Brewin to exit Marsh-owned Purple
As Brewin is set to retire no replacement has been announced for the network which became part of Marsh following its 2015 Jelf acquisition.
Keychoice teams up with NIG on commercial vehicle policy
NIG has also added two new products on SSP's commercial e-trading platform.
Beazley adds data breach prevention to cyber suite
Provider partnered with HewardMills to develop the offering.
Tony Allen reveals expansion plans for Markerstudy-backed MGA
The former A&A broker boss, who set up Insenture Underwriting last year, discusses his new venture alongside his son Lloyd Allen.
Biba focuses on access to insurance in 2020 manifesto
Manifesto includes 37 commitments and 29 calls for action across nine key areas including regulation, broking challenges, Brexit, and transport.