Insight
People Moves: 4 – 8 August 2025
Follow the latest personnel moves in insurance.
NFP buys Bspoke to expand its UK specialist insurance services
NFP, an Aon company, has purchased Bspoke Insurance Group to strengthen its existing suite of insurance solutions while expanding technical underwriting expertise and specialist product knowledge.
Allianz UK boosts operating profit as business volume slips in half-year
Allianz UK grew operating profit by 28.4% in the first half of the year to £224.3m from £174.7m in the same period of 2024.
Broker Expo signs up Bravo Networks as a partner bringing exclusive lounge for delegates – register today
Insurance Age is pleased to announce that Bravo Networks has signed up as a partner for the 2025 Broker Expo at Birmingham NEC on 9 October, register now to secure your place.
Motor complaints to FOS slide down in Q1
The Financial Ombudsman Service received 2,843 complaints about car and motorcycle insurance in the first quarter of the financial year, below the level in the same quarter of the previous two years.
Specialist marine hull MGA becomes fully independent from Arch
Amphitrite Underwriting London, a specialist marine hull managing general agent, has moved to full independence following a buyback of Arch’s minority shareholding.
Blog: Misconduct is in the headlines again – accountability matters
Isabella Macfarlane, head of London Markets at ICS, and a former Financial Conduct Authority lead on non-financial misconduct, explores how the regulator’s new policy statement could affect brokers small and large.
Doubling down on sector strategy is maintaining momentum with brokers, says Hiscox’s Musselle
Working with brokers, digital initiatives, product refreshes and brand strength helped Hiscox accelerate UK growth in the first half of the year, according to chief underwriting officer Joanne Musselle.
Aon launches Accelerate Programme for growing UK businesses
Aon has launched an Accelerate Programme designed with technology start-ups and scale-ups in mind, delivered by a dedicated team.
GoShorty urges vigilance after uncovering website clone
Temporary car insurance firm GoShorty has confirmed it identified a cloned website as part of its routine brand and security monitoring processes and set out the steps taken to protect consumers including alerting the Financial Conduct Authority.
Hiscox maintains UK growth momentum at half year
Hiscox achieved 6% growth in UK written premiums in the first half of 2025 with rising policy numbers in commercial and in art and private client business taking the total to $463.4m (£348.6m).
Alps extends GAP partnership with Financial & Legal in motorhomes rollout
Alps has launched a Guaranteed Asset Protection insurance product specifically for motorhomes, teaming up once again with Financial & Legal.
DR&P and Seventeen strike deals
DR&P Group has invested in West Yorkshire-based Spedding Goldthorpe (Brokers) while Seventeen Group has bought Trelawney Insurance Solutions in Cornwall.
BPL CEO Aspinall steps down
BPL group CEO Sian Aspinall is stepping down with deputy CEO James Reynolds set to replace her, the credit and political risk insurance (CPRI) broker has confirmed.
European pet insurance specialist takes majority stake in UK broker
Santévet Group, a European pet insurance specialist, has taken a majority stake in pet insurance broker Tedaisy Insurance Group.
Noble Insurance Group to buy Caravanwise
Noble Insurance Group, home to a portfolio of specialist brokers, has signed up to buy camping and leisure market specialist Caravanwise.
FCA opens 2025/26 with one S166 in insurance
The Financial Conduct Authority has confirmed commissioning one skilled person report in the insurance sector during the first quarter of 2025/26, after a recent record total the year before.
TBIG buys Romford broker KSL Thomas
The Broker Investment Group has completed its fifth acquisition of 2025 with the purchase of Romford-based KSL Thomas & Co.
Home premium quotes fall 3.9% in Q2
Average quoted prices for home insurance fell by 3.9% in the second quarter, according to the latest Consumer Intelligence Home Insurance Price Index.
Business solutions company buys Lloyd’s broker
Liberty Blume has bought Lloyd’s broker PHL Insurance Brokers in its first strategic M&A transaction.
SRG completes Dutch and Belgian buy moving into mainland Europe
Specialist Risk Group has completed the purchase of German broker Ecclesia’s businesses in the Netherlands and Belgium marking its formal entry into mainland Europe.
FCA to consult on £9bn – £18bn motor finance compensation scheme
The Financial Conduct Authority will consult on a proposed compensation scheme for motor finance customers after a Supreme Court ruling on 1 August.
Tax planning around a disposal: the importance of a joined-up approach
Thinking of disposing of an insurance intermediary business? Phil Clayton, private client director at PKF Littlejohn and William Godsave, head of financial planning at Credo Wealth Management, outline the tax and wealth planning considerations that you…
Supreme Court rules on motor finance
The Supreme Court handed down its motor finance judgment on 1 August ruling in favour of the lenders in two out of three cases.