Commercial
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FCA issues warning over broker Professional Construction Risks
The watchdog said that it appears the business “acted dishonestly” and warned customers to decline to do business with the firm.
Insurance Age Top 100: Should your firm be in the list?
Planning for the expert supplement has begun, so if you’re an independent broker with GWP over £12m, and haven’t been invited before, please do get in touch.
Vista targets £50m in GWP within five years
The broker says it is not ruling out acquisitions to reach the £50m target, as it also pledges to become carbon neutral in the next 12 months.
GRP’s Higos buys in Penzance
The South West hub has acquired Web Shaw which trades as Jacksons.
GRP takes retail CEO from Marsh
Duncan Carter will report to GRP group CEO, Mike Bruce.
Romero opens seventh office
The business has expanded with a location in Harrogate.
Brokers "cautiously optimistic" about growth as pandemic restrictions lift
But Aviva research shows expectations vary, with 42% of regional brokers predicting a decline in their business.
BLW becomes registered Lloyd's broker
The wholesale broker was bought by S&G Risk Solutions last year.
Talbot Jones targets further growth after March Insurance deal
Managing director Richard Talbot-Jones tells Insurance Age about how the broker's recent deal for March Insurance Services came about and details his plans for the future.
Endsleigh confirms redundancy consultation
The broker has opened a 30-day consultation as it prepares to transfer some of its business to owner A-Plan.
Ardonagh reveals £900m capital raise
CEO David Ross says increased firepower will fund acquisitions in the UK as well as the consolidator's international expansion.
Brokers and loss adjusters – can it be a winning partnership?
News analysis: Rachel Gordon investigates how broker-owned loss adjusters are changing the claims process and whether they could pile on the pressure for insurers.
Ardonagh reports rising income and Ebitda for H1 2021 as losses shrink
Consolidator reports loss for the period of £41.3m, while total income for the group hits £433.2m in the first half of the year.
Blog: Why customers are missing out on vital protection
Arc Legal's Tim Mullin discusses why the industry needs to reframe legal expenses insurance and explains what role brokers have to play to help customers.
Flock reveals expansion plans as it looks to grow in the broker space
Chief revenue officer, Christen Smith, tells Insurance Age about the drone specialist's plans for growing its broker network and launching new products.
Insurance premiums drop 16.9% for young van drivers
But data from Consumer Intelligence also shows that van drivers under 25 pay over 3.5 times more for their insurance compared to other demographics.
Talbot Jones buys March Insurance Services
The Gateshead-based broker, specialising in third sector and small business risks, says the acquisition will help the family firm expand its national reach.
Clear reports increased turnover in 2020 results
The broker says the business plans to continue to develop its expertise in areas such as property and construction as well as expanding into new markets.
Aston Lark Ireland buys again
Deal for Dublin-based Brassington Insurance is consolidator's sixth in the Republic of Ireland this year.
Jackson Lee launches business travel scheme
The MGA revealed that the new policy, which includes a Covid-19 cancellation feature, allows brokers to build flexible, customised travel cover for clients.
Covid BI claims payments near £1bn
FCA figures show interim payments of £331.2m and final settlements of £636.7m have been made since the Supreme Court verdict, with the number of policyholders waiting to hear whether their claim is valid going down to 6,073.
Gallagher signs reshaped $3.25bn Willis Re deal
The broker is to buy the WTW treaty reinsurance operations following the collapse of the original deal.
A-Plan sets sights on commercial market
The High Street business, primarily known for personal lines, is targeting to become a top ten commercial broker. Head of the unit, Richard Easterbrook tells Insurance Age about the plans.