Commercial
Turnover and profit up at Romero
Leeds-based business says it is one year into its five-year goal to double in size as it aims to become the UK's largest independent broker.
Peach Pi launches product aimed at wellbeing and lifestyle sector on Acturis
The new e-trade offering, sold via brokers, provides cover for freelancers and small businesses in allied health professions such as audiologists, chiropodists and opticians, as well as complementary therapy, beauty and fitness.
Partners& creates northern hub with fresh deal
Bolton-based Ives & Taylor specialises in commercial lines, professional indemnity and private clients and brings 13 staff to Partners&.
UK Broker Awards – Entries now open
Celebrate your success and submit an entry for the Insurance Age UK Broker Awards.
ERS reveals $350m capital injection to drive expansion plans
Boston-based Abry Partners leads capital raise, with current major shareholder Aquiline also participating, as ERS continues to diversify into (re)insurance commercial lines.
GRP buys Leeds broker Lawrence Fraser
The broker will become part of Marshall Wooldridge which is GRP’s Yorkshire hub.
Lickens: Broker prices are “highest I have seen”
The Clear CEO spoke to Insurance Age following the acquisition of Luker Rowe and HIA and insisted that the ‘for sale’ sign at Clear won’t go up yet despite the hollowed out market.
Luker Rowe and HIA International join Clear
Clear Group now handles £225m in gross written premium.
Specialist Risk Group buy taxi experts Emrose Insurance Brokers
It is the fifth deal this year for SRG which is backed by majority shareholder HGGC.
Blog: Unoccupied property – flexibility to help recovery and regeneration
Caroline King, of Pen Underwriting, on why providers can no longer be ‘monochrome’ in their approach to commercial premises.
Biba appoints MercariRisk as marine insurance scheme provider
Trade body says the scheme is underwritten by A+ rated capacity and will help brokers access cover for a range of marine risks including cargo, freight liability, hull and liability cover for commercial vessels, commercial maritime operations, super…
DCJ makes first deal as part of GRP stable
Broker expands its footprint with purchase of Lincoln-based Sills.
Mark Wilson's Abacai buys Dayinsure
The motor insurance specialist, which is Abacai's first acquisition since it launched last month, will remain a standalone business run by its current management team.
Consolidation of the consolidators next step as broker M&A targets reduce
IMAS director John Nisbet discusses how consolidators can continue to grow and warns that private equity backers could move on from the sector as a result of a “diminishing opportunity” in the broking market.
Aviva risk report highlights broker role
Insurance Age takes a first look at the Aviva Risk Insights Report which considers Covid-19, Brexit, cyber, climate change and the part of brokers.
SRG adds MGA CLS Risk Solutions to stable
It is the fourth deal this year for Specialist Risk Group and adds £30m in GWP to the business.
PIB buys Staffordshire broker in second deal of 2021
Element Hinton specialises in construction, waste, engineering and leisure and the deal follows investment into PIB by Apax Partners.
Third deal in a week for Aston Lark
Bristol-based broker Venture Insurance has joined the Peter Blanc-led business.
Aviva’s Covid-19 BI claims exposure down to broker wordings
GI CEO Colm Holmes says provider has taken a proactive approach to paying claims as he discusses how Aviva was impacted by the BI test case and comments on its 2020 results.
Aviva's UK operating profit falls in 2020
CEO Amanda Blanc sees opportunities for "material growth" in the UK market as commercial lines premiums continue to grow.
MGA Generation Underwriting signs capacity deal
The deal doubles property capacity for the MGA which is part of broker Willis IRM.
JM Glendinning buys Staffordshire broker
JM Glendinning has acquired specialist insurance services firm Nowell & Richards for an undisclosed sum.
Aston Lark buys Magenta Insurance
The MGA is chartered and based in East Anglia.