The UK home insurance market faced the worst performing year on record in 2022 with a loss-making net combined ratio of 122%, according to EY’s annual UK Home Results Analysis.
Companies across the UK are the most concerned about the impact of financial uncertainty (34%) over the next year, knocking people-related risks (31%) off the top spot, according to the 2023 Marsh UK Business Risk Report.
According to the latest Broker Wellbeing Survey, published to coincide with World Mental Health Day, almost four out of five brokers have felt stressed at work in the past year.
What have been some of the most significant themes in the UK broker market over the past 12 months? John Needham and Will Lanyon from PKF Littlejohn, explore the impact of some of the main macroeconomic developments on industry trends such as M&A activity and market concentration.
Recent figures for Q3 from Acturis show policyholders remain under intense pressure as premiums rise across all business classes, reports Rachel Gordon
Brokers have voted NMU as their preferred commercial lines insurer in this year’s Insurance Age Broker Satisfaction survey, with Covéa Insurance in second place and CFC Underwriting in third.
Exclusive research from Insurance Age places NMU first, with Covéa Insurance and CFC Underwriting in close contention, Rachel Goron reports.
Welcome to the new look Top 75 UK Insurance Brokers which Insurance Age has put together with the help of Insuramore.
2021 has been another fascinating year for the UK broker market. John Needham and Will Lanyon from PKF Littlejohn, an accountancy firm that focuses on the insurance industry, look at some of the main trends – including ownership, M&A activity, market…
A Freedom of Information request by Insurance Age has revealed that the number of cyber breach incidents reported to the Financial Conduct Authority has increased for insurance intermediaries but dropped for regulated firms altogether.
Take part in Insurance Age's Broker Satisfaction Survey to share your opinions on service provided by insurers in commercial lines.
Insurance pricing in the UK increased by 11% in the second quarter of the year but this was down on the 20% rise in Q1 of 2022, according to the latest research by Marsh.
Property specialist Avantia has reported revenue of £26.58m in 2021 with a reinvestment by ECI Partners.
CDL has reported a rise in profit after tax to £11.2m in 2021, up from £9.8m the year before.
Only 34% of schemes brokers are satisfied with the support they receive from their insurers in dealing with compliance matters, according to research from Ecclesiastical.
Aviva has posted a 4% rise in UK gross written premiums for the first quarter of 2022 to £1.24bn but a deteriorating combined operating ratio of 99.4%.
The average price paid in the UK for buildings insurance in the first quarter of the year dropped by 7% compared to Q1 2021 with contents insurance down 11%, according to the latest Household Insurance Premium Tracker from the Association of British…
While it’s sometimes difficult to compete on price against direct insurers, AX’s director of commercial sales Steve Molloy, shares some experience in how FNOL and claims management partners can support brokers in attracting and retaining customers.
The third quarter of the year saw rising premiums in almost all of the product lines featured in the Acturis Commercial Broking Index – the only exception being a minor dip in fleet.
Our Top 100 Independent Brokers Supplement is now available to view online.
The exclusive Insurance Age Broker Satisfaction Survey reveals 2021’s top insurers.
The results of Insurance Age’s annual study into the top 50 brokers and providers in the personal lines market are in.
While figures indicate increases in premium in property-based lines and an overall growth trend, motor and casualty lines are dropping away in second quarter of 2021
Last year’s trends of continued growth in premium in property-based lines, tempered growth in liability classes and reductions in fleet premiums have continued well into the first quarter of 2021