Commercial
Bollington reveals final set of financial results before Gallagher takeover
The broker, which was bought by Gallagher earlier this year, reports increases in turnover and profit for 2020.
Seventeen Group blames Covid and M&A costs for profit slip
Despite a sharp drop in pre-tax profit, the broker managed to achieve increased turnover for the year ended 31 December 2020.
Climate activists set up memorial in latest protest targeting Lloyd's
Hundreds of flowers and floral wreaths were laid outside the building in the latest attempt to stop Lloyd's of London from insuring fossil fuel projects.
A-Plan makes first deal in Wales
Watkin Davies brings £10m in GWP to A-Plan as the broker looks to grow further in commercial lines.
Fraudulent claim value goes up but detection rates also increase
ABI data shows the average fraudulent insurance claim has now reached £12,000 as the the body praises the efforts made by insurers’ fraud investigation teams throughout the pandemic.
David Bruce promoted to CEO at Marsh Commercial
Bruce succeeds Anthony Gruppo who is set to retire in early 2022.
CMA launches investigation into Gallagher-Willis Re deal
The competition watchdog says it is considering whether the transaction could result in a lessening of competition in the UK.
ERS extends cover for European HGV drivers
The specialist motor provider says the move aims to support European HGV drivers coming to the UK to help fill the current HGV driver shortage and that brokers will be able to access the widened cover for their clients via ERS eTrade.
Pen and MUM lift lid on deal
The buy takes Pen Underwriting’s GWP up to £700m.
Ethos Broking buys again
The acquisition of Leeds-based Schofield Insurance Brokers marks the Ardonagh-owned firm's fourth deal this year.
Tysers launches fresh entertainment schemes
The two products, Tysers Freelancers and Tysers Elite, are designed to better reflect the new live events landscape and provide cover for clients who work in the entertainment industry.
Biba teams up with LifeSearch on protection scheme
Trade body says the scheme will allow brokers, on an introducer basis, to provide protection cover including mortgage, family, income and critical illness, along with key person, shareholder, business loan, relevant life protection, group life, group…
Pen buys Manchester Underwriting
Deal brings 50 staff and £60m in GWP to the Gallagher-owned MGA.
GRP completes deal for WTW's Northern Ireland business
The deal was announced in July and brings £65m in GWP to GRP's Northern Ireland business ABL Group.
Allianz offers free legal helpline to independent brokers
The Lawphone will operate 24 hours, every day of the week, the insurer adding that the service will provide brokers with expert advice on various legal related issues.
Aston Lark buys in Birmingham
S Johnson & Company specialises in providing insurance for the music industry and the gun trade.
Aviva sells Italian GI business to Allianz
The insurer has confirmed it completed the sale of Aviva Italia for £284m.
Gallagher says 'goodbye' to Bollington brand
The broker, which was bought by Gallagher earlier this year, will take on its parent company's branding.
Partners& takes action on National Inclusion Week
The broker says it has organised a programme of activities aimed to celebrate inclusion in the workplace.
Ardonagh promotes Donaldson to Retail CEO
The broker has named Emma Rawlinson as Atlanta CEO and promoted Ian Donaldson to the role of CEO of Ardonagh Retail.
Superscript partners with Amazon on business insurance
The insurtech start-up says Amazon Business Prime customers will have access to covers including public liability, employers’ liability, professional indemnity, cyber, directors and officers, and office contents & equipment insurance.
Allianz updates fleet products to include electric vehicles
Provider says cover includes third-party liability during charging, as well as damage cover for cables, connectors and electric wallboxes.
Aston Lark reveals second deal of the day
Consolidator buys Abbey Murphy Insurance, an Irish broker based in Longford and Mullingar.
Zurich replaces Axa as AIUA capacity provider
The five-year deal with the Ardonagh-owned specialist agricultural underwriter is valued at £105m.