Insight
Biba launches underinsurance guide
The British Insurance Brokers’ Association has launched a guide to support brokers in helping their customers avoid the risks associated with being underinsured.
MGAA boss Keating pushing for more as membership growth continues
The Managing General Agents’ Association is approaching 350 members with plenty of scope remaining for further growth, CEO Mike Keating told Insurance Age.
Ardonagh launches internship and graduate scheme
The Ardonagh Group has launched Ardonagh Academy in partnership with the Centre for Creative Leadership.
GRP buys Durham-based Castle Insurance Services
Global Risk Partners has bought 100% of the share capital of Castle Insurance Services as the consolidator targets growing its presence in the North East.
Biba urges FCA to step in as Lloyds moves to close undesignated client money accounts
The British Insurance Brokers’ Association has contacted the Financial Conduct Authority asking the regulator to intervene over Lloyds Bank’s move to close undesignated client money accounts for some members, Insurance Age can reveal.
Blog: Is the industry focusing enough on customer needs?
Nic Brown, of Markel, argues that meeting the needs of customers may have slipped as a priority for the industry during the current hardening market and rising premium inflation.
The tech toolbox: What do brokers need?
Technology has improved in leaps and bounds over the past several years, yet what exactly do brokers need in their technological toolbox in order to succeed in today’s insurance climate? Eleanore Robinson reports
DR&P buys Channing Lucas & Partners
DR&P Group bought a 90% stake in Lloyd’s broker Channing Lucas & Partners late last year, according to a filing at Companies House.
Carlyle funds buy NSM in £1.44bn deal
White Mountains Insurance Group has signed a definitive agreement to sell NSM Insurance Group to investment funds affiliated with global investment firm Carlyle the former majority backers of PIB Group.
Biba launches drone scheme
The British Insurance Brokers Association has teamed up with Coverdrone to offer its members access to drone insurance products.
Investec enters premium finance space
Investec Premium Finance focuses on providing funding for commercial insurance policies and accommodating personal lines, all offered via regulated insurance brokers.
Clegg Gifford buys ARs to expand branch network
Markerstudy-bound Lloyd’s broker Clegg Gifford is targeting a branch network of 30 and is buying up its current appointed representatives, Insurance Age can reveal.
David Williams joins Qlaims in first NED role
Former Axa leader David Williams has joined Qlaims as a non-executive director, Insurance Age can reveal.
AUB Group to purchase Tysers for £500m
The Lloyd’s wholesale broker has entered a binding agreement to be bought by AUB.
Broking Success: Strength in Scotland
Director Tom Yorke recounts his route from Giles to investing in Blue Rock Insurance Brokers, growing organically and competing on quality with the ethos of not doing speculative quotes as well as the opportunities for the Scottish broker as it targets…
Brokerring takes stake in accounts firm
Ataraxia and Brokerbility founder, Stuart Randall, explained that the advisory business has developed since it was set up last year to support independent brokers.
GS Group buys Dundee-based Strathtay
Family run business, Strathtay Insurance Brokers, has been bought by Perth-headquartered GS Group.
Coplus rolls out product development platform
Coplus has targeted brokers as it launched a go-to-market platform claiming it cuts the time needed to develop ancillary products to three months.
Dave Clapp sets £250m three-year target for MVP and Ataraxia
Dave Clapp, CEO of Minority Venture Partners and Ataraxia, has unveiled a £250m gross written premium target for the broker investment group over the next three years.
Webinar: The transition to electric vehicle insurance
Sign up to watch this webinar which explores what brokers can do to blossom in the ever-evolving EV insurance market.
In Depth: The fruits of the future: The benefits of technology
Eleanore Robinson investigates how modern technology can help the insurance industry move forward with greater flexibility by drawing parallels from other industries to educate brokers on how these technological changes can benefit them long-term
Think targeting £30m GWP within three years
Think Insurance is currently looking at two more broker buys and has set a target of £30m gross written premium by 2025, commercial director Russell Bence told Insurance Age.
People Moves: 3 - 6 May 2022
Keep up-to-date with the top personnel stories on Insurance Age.
Landmark Underwriting makes two buys
Landmark Underwriting has revealed its first two deals after raising debt financing through SME lender BOOST&Co.