Commercial
Clear Group buys Ashford-based broker
Clear makes first acquisition of the year as it snaps up Kent Insurance Brokers.
Covid BI claims payments now at £1.3bn
FCA data shows providers have now made initial payments worth £329.4m and final settlements of £967.9m.
Acrisure highlights £1bn GWP aim as it moves to "disrupt" UK broking
President of UK Retail, Mark McIlquham, tells Insurance Age about the US-headquartered broker's UK expansion plans and reveals it is targeting £1bn in GWP within five years.
Blanc exits Hastings board as Mark Cliff steps in
The former Brightside boss has joined Hastings as non-executive director following Peter Blanc's resignation prompted by the Aston Lark-Howden deal.
Insurers face another Covid-19 business interruption action group
The grouping of bar and restaurant owners is set to launch another test case, this time against RSA and QIC Europe, focusing on recovering indemnity for the UK’s multiple lockdowns.
Howden reports 48% revenue rise for 2021
The broker, which recently bought Aston Lark, also reveals organic growth of 19% for the year.
Allianz appoints regional branch manager
The insurer revealed that Karen Boothroyd had been appointed to the newly created role as part of its commercial regions reshuffle.
First Underwriting eyes £130m GWP
The MGA is also looking to expand into fresh product lines following its £1bn capacity deal with Accredited.
CBPE completes Direct Commercial deal
After receiving backing from CBPE, the MGA will sit alongside Carraig Insurance under Direct Commercial Group.
Opinion: New year, right cover
Allianz's Helen Bryant considers how businesses have developed during Covid-19 and outlines key ways their insurance needs may have changed.
Aviva to boost underwriting team in move to invest in regional brokers
Chief distribution officer Gareth Hemming says the provider is initially planning to increase the size of its underwriting team in the regions by 10%.
H&H Insurance buys Tynedale broker
Tynedale Insurance Services was founded in 2015 and is based in Hexham.
XS Direct goes into run-off in Ireland
The broker confirmed that, as a result, staff at its Dublin headquarters had been informed that they would be made redundant.
Experts warn of reinsurance market crunch
Smaller players without scale may struggle with reinsurance costs going forward as issue is highlighted by the collapse of motor trade specialist Tradewise.
Hubb targets £15m to £20m GWP for 2023
The commercial usage-based broker was set up in 2020 and authorised in April last year.
Dickson & Co eager to double business and keep expanding
Dickson director Gavin Mitchell told Insurance Age that the broker would acquire more businesses in 2022 as well as recruit more people for its growing commercial team.
Allianz brings EC&P operation into commercial
The division now falls into one of four commercial regions.
Jackson Lee updates Sports Travel Plus policy
The scheme is now available for groups and teams competing and training overseas and includes cover for Covid-19.
Aviva Group CFO resigns
Jason Windsor took on the role in 2019 and will join Persimmon, a British housebuilding firm.
CII announces interim CEO
Jonathan Clark will take over from Sian Fisher at the end of March 2022 as the search for a permanent CEO is underway.
GRP's Marshall Wooldridge snaps up Rotherham-based broker
Goldthorpe, a family-owned business which writes both commercial and personal lines, is the fifth broker bought by Marshall Wooldridge since it became GRP's Yorkshire hub in 2016.
Specialist Risk Group buys special risks team from Bridge Insurance
Deal is SRG's first in 2022 and is part of a long-term partnership with Bridge.
Brokers call on new RSA boss to "step up a gear"
News analysis: Experts discuss whether outgoing RSA boss Scott Egan was successful in rebuilding the provider's relationships with regions and call for clarity on the insurer's broker strategy following leadership change.
Tysers sells credit & surety business to Xenia
It is Xenia’s eight deal in recent months and second trade credit buy.