Commercial
ThingCo expands into Northern Ireland with broker deal
The telematics provider has sealed a deal with independent broker association Provincewide.
Analysis: Balancing risk and opportunity in the metaverse
Insurance Age spoke to industry experts to find out how the metaverse is changing the risk landscape and what opportunities it offers brokers and insurers alike.
Brit turns loss to profit in latest results
The provider also reported a 32% increase in GWP, going from $2.4bn (£1.87bn) in 2020 to $3.2bn (£2.4bn) for the year ended 31 December 2021.
Beazley reports "robust" profit in 2021 results
The provider turned a $50.4m (£37.1m) into a pre-tax profit of $369.2m (£272.1m) for the year ended 31 December 2021 while also seeing its GWP shoot up by 30%.
Zurich UK reports £470m operating profit
The provider reported that the UK business grew 13% in its P&C division.
PIB reshuffles management team
The changes include Adrian Colosso becoming chairman of its specialty business and Bernard Macgeean set to become chair of Q Underwriting and PIB’s Schemes & Affinities.
H&H lifts lid on Tynedale deal
The broker is on track to grow its business by 14% this year and saw its GWP increase by £1.5m following the recent acquisition in Hexham.
Verlingue gears for growth
The family-owned business is seeking acquisitions and organic growth as it targets income increase.
What are the best digital tools for brokers?
Join our webinar, with Open GI, to find out about the latest digital trends and how brokers can use them to boost customer experience.
Blog: How can the insurance industry build trust with SMEs?
Hubb’s Ed Halsey considers how providers and brokers can repair its reputation in the SME space.
Howden appoints WTW’s Aubert as CEO in France
Luigi Sturani, regional CEO of Howden Europe, revealed that the first key step in expanding Howden France was to find a “respected and credible leader” in the market, adding that Aubert was a “natural fit”.
Romero sees profits rise as it reveals 2021 results
The Leeds-based broker has also announced two new appointments as part of its 2022 strategy of investing in talent.
And finally – February 2022
The lighter side of the broking world including, the cartoon, pet of the month and the industry's charity endeavours.
Axa UK in broker push as it commits to becoming more accessible
Distribution and trading director, Sarah Mallaby, tells Insurance Age about her move from Allianz to Axa and discusses the provider's plans going forward as she highlights the importance of re-establishing relationships with brokers.
Meet the MGA: Arc Legal
Peter Harvey, deputy chief executive of Arc Legal, tell Insurance Age about the bespoke products the MGA offers brokers and how 2022 might shape up for the market
Brokers urged to engage with Lords' Committee's insurance market regulation inquiry
Biba confirms it will be will be putting in a response to the consultation which closes on 11 February as compliance experts discuss whether the inquiry could have an effect on the regional broker market.
Profile: Phil Bayles' liberation - from Aviva to Ardonagh
Ardonagh Advisory's chief commercial officer reflects on 18 years at Aviva, finding freedom at the "dynamic" Ardonagh, and outlines his plans for the future.
Aqueous increases capacity in professional indemnity push
The managing general agent has increased capacity under plans to expand its foothold across the UK professional indemnity insurance market in 2022.
Have your say on the financial lines market
Who are the best financial lines providers? What are the challenges? Complete the Broker Satisfaction Survey today.
Freeway announces £250m deal with Sabre
The deal will stretch over five years and will see Sabre become an exclusive underwriting partner for Freeway’s MGA portfolio.
Revenue and profits up in Gallagher's broker business in 2021
Simon Matson, CEO, Europe, Middle East and Asia says Gallagher's UK Retail business saw 7% organic growth as he reveals the business will continue to look for M&A opportunities in the UK.
FCA urges brokers to help leaseholders in response to Gove request
The FCA's Sheldon Mills fires warning shot on broker commission transparency and adds the regulator will "use its powers to intervene" as he issues 'Dear CEO' letter amid review of the insurance market for multiple-occupancy homes.
Michael Gove calls on FCA to review rising premiums for residential buildings
In a letter to the FCA and the CMA, the Secretary of State for Levelling Up, Housing and Communities writes he is "extremely concerned" about the pressure leaseholders face from rapidly escalating insurance premiums on blocks of flats following the…
Beazley report warns of 2022 business risks
The study suggests that 2022 may be the year in which supply chain, D&O, reputation and employment liability concerns ‘leak’ across insurance classes, creating complex, integrated risks with no “obvious or traditional insurance solution”.