Insight
Sabre confirms cyber attack
Motor insurance specialist Sabre has revealed being hit by a cyber attack on 16 November.
PSC confirms profit, Turner Rawlinson bill and latest buy
Australian-owned consolidator PSC Holdings UK has revealed a post-tax profit of £795,000 for retail broking, alongside a £6m bill for buying Turner Rawlinson and a further deal in 2023.
Insurers twitchy on pest controller insurance
As bed bugs infiltrated headlines across the UK last month, publicity for the pest control sector spread alongside them.
FCA warns of Axa clone
The Financial Conduct Authority has warned of a clone claiming to be Axa Insurance UK and Axa Investment Managers UK.
CFC extends cyber cover for professional services firms
Cyber insurance provider CFC has upgraded its packaged insurance policies for professional services businesses in a move it claimed could be a “game changer” for SMEs that cannot afford standalone cyber cover.
TH March grows again, but profits edge down
Specialist jewellery broker TH March grew turnover by 4.7% to £9.68m in the year to 31 March 2023, building on a 9.6% rise the year before.
Dickson & Co buys Kerr Group
Dickson & Co has added Kerr Group to the business – its latest deal in a series of acquisitions and expansions as part of its £7m investment.
Martyn’s Law to usher in new era of terrorism risk mitigation and management
New legislation aimed at protecting premises from terrorism attacks might be thin on detail. But brokers need be prepared to assess how it will impact their clients over the coming months, as Edward Murray discovers.
Judge denies Alec and Robert Finch fraud case appeal
A High Court judge has denied Alec and Robert Finch permission to appeal after being found guilty of fraud in September.
Allianz fleet head: hard market not going away soon
Property owners’ cover is the largest mover in this quarter’s Acturis Commercial Broking Index, which shows rates are up by 11.3% over the previous 2022 quarter.
Applied Systems investigated over alleged anti-competitive conduct
The Canadian Competition Bureau has gained a court order to progress a civil investigation into alleged anti-competitive conduct by Applied Systems and its affiliates.
Energy and growth key to Romero deal, says AssuredPartners boss
AssuredPartners stands ready to help push the Yorkshire-based firm on its growth journey, says UK & Ireland CEO.
Blog: As Amazon ramps up drone deliveries, brokers should take note
Amazon’s foray into drone deliveries is creating an insurance market brokers should not ignore, according to Moonrock founder and MD Simon Ritterband.
Brown & Brown’s PCH arm notches up two more deals
Brown & Brown Europe-owned Premier Choice Healthcare has completed two more acquisitions.
Direct Commercial launches broker portal for commercial motor market
Direct Commercial has launched its portal giving brokers more functionality and accessibility to the MGA’s services.
AssuredPartners buys again in South West with Atom
AssuredPartners has bought Somerset-based Atom Insurance Brokers.
Biba welcomes Afolami as Economic Secretary to the Treasury
Biba has welcomed the appointment of Bim Afolami, and expressed hopes of a positive relationship while praising predecessor Andrew Griffith.
SiriusPoint takes Alex Hardy from RSA
SiriusPoint has swooped for RSA’s sales and distribution director Alex Hardy.
FSCS open for claims against failed broker
The FSCS has listed FML Insurance Services Limited, trading as Entertainment Insurance Services, as a failed company.
Sense Risk Solutions founder Emily Kenna: A culture of flexibility is key for success
Based in Bristol, Emily Kenna, founder and director, started Sense Risk Solutions in 2019 with the aim of educating clients on what insurance is best for them.
Rokstone launches sports and prize indemnity division with Allianz capacity
Rokstone has launched a sports and prize indemnity division with an exclusive facility from Allianz Commercial.
Ex-broker among 10 arrested in police crackdown on commercial insurance fraud
Ten people have been arrested across the country, and 18 vehicles seized during a two-week police operation to tackle commercial insurance fraud.
Canopius appoints Mark Newman as UK CEO
Canopius Group has named Mark Newman as UK CEO, moving from his current position of CEO for Asia-Pacific.
Aspen unveils UK construction sector wellbeing product
Aspen Insurance has unveiled Construction Wellbeing to support the rising challenges associated with the mental health of employees working in the UK construction industry.