Insight
Hemming: Hiscox hungry for more schemes business in any area bar motor
Gareth Hemming, Hiscox chief distribution officer, has set his sights on high net worth, and told Insurance Age a quartet of “significant schemes” are on the way in the next three to four months.
33% of startup and scaleup businesses hit by cyber-attacks – Superscript
Some 54% of firms, ranging from those in seed stage to those IPO-ready, have worries about cyber-security and data risks, according to research by Superscript.
Accelerant boss Radke on 30% MGA growth and enabling brokers to ‘monetise every opportunity’
Risk exchange platform and capacity provider Accelerant is aiming to support managing general agent members with 30% growth over the next 12 months, CEO Jeff Radke told Insurance Age.
Jensten’s £1m investment in fledgling brokers, one year on
Jordan Maskell, network director at Jensten Group, has updated Insurance Age one year on from the announcement of its plans to invest up to £1m through Coversure to help people start their own brokers.
Verlingue boosts profits and turnover in 2024
Verlingue Holdings grew turnover by 13.7% to £23.96m in 2024 as profits at the broker surged ahead even more.
Brokers stress the importance of claims support when choosing an MGA
Brokers have emphasised the importance of A-rated claims support when choosing a managing general agent (89%), according to research by MGA Corin Underwriting.
Downey on getting Pen to £1.75bn by 2030
Having hit its goal of £1bn gross written premium a year early in 2024, Pen Underwriting has set its sights on £1.75bn by 2030. CEO Tom Downey tells Insurance Age about the strategy of organic growth, product development and acquisitions now in place to…
IFB warns on sharp rise in ghost brokers
The Insurance Fraud Bureau has launched a national campaign with the Association of British Insurers and City of London Police to raise awareness of the dangers of ghost broking with the fraud growing by over 50% in two years.
TBIG backs Deva to buy David Vaughan & Co
The Broker Investment Group-backed Deva Risk Group has bought insurance broker David Vaughan & Co, adding offices in Dolgellau and Machynlleth, North Wales.
Q&A: Criterion managing director Helena Evans
Loss-adjusting boss Helena Evans outlines the latest trends her firm is seeing among high-net-worth customers, assesses the continued prevalence of underinsurance, and suggests how brokers can help combat fraud.
People Moves: 12 – 16 May 2025
Follow the latest personnel moves in insurance.
Biba 2025: Laura Hancock urges independents not to give up
Laura Hancock, managing director of Yutree Insurance, has urged independent brokers not to give up, as she acknowledged regulation and other factors being difficult at the moment.
Aviva grows UK GWP 11% and trims COR in Q1
Aviva grew UK gross written premiums by 11% in the first quarter of 2025 compared with the same period of last year reaching £1.85bn.
Biba 2025: FCA hoping approach will help build confidence in firms
The Financial Conduct Authority hopes firms build confidence in their knowledge of customer service and outcomes, as opposed to undertaking a “tickbox” exercise, delegates at the British Insurance Brokers’ Association conference in Manchester heard…
Biba 2025: Gallagher’s Samantha Lowry named Young Broker of the Year
The British Insurance Brokers’ Association has named Samantha Lowry, commercial team leader, of Gallagher, as its young broker of the year 2025.
Biba 2025: Making MGA-capacity relationships flourish
Allowing managing general agents the freedom to act independently is the key to a productive insurer-MGA partnership, according to Pen Underwriting CEO Tom Downey.
Biba 2025: Mike Keating on unrated due diligence
Mike Keating, CEO of the Managing General Agents’ Association, analyses how due diligence on unrated capacity should work both ways – from broker to MGA and MGA to broker respectively.
Biba 2025: Winners of International Lifetime Achievement and Francis Perkins awards revealed
The British Insurance Brokers’ Association has named Olola Frederick Olabode Ogunlana as the winner of its 2025 International Lifetime Achievement Award and Christian Poulsen as the winner of its 2025 Francis Perkins Award.
Biba 2025: Allianz to sell pet insurance through brokers
Allianz is planning to enter the broker pet insurance market, Insurance Age can reveal.
Biba 2025: The new era for insurance broking with AI and MGAs
Artificial intelligence will not replace advisers, but will add to decision making, while managing general agents will continue to become increasingly relevant to brokers, delegates at the British Insurance Brokers’ Association conference heard today.
Biba 2025: Caroline Barr named first female chair at Biba
British Insurance Brokers’ Association CEO Graeme Trudgill has announced Caroline Barr as the incoming chair in his welcome speech at the 2025 Biba conference, and he looks to keep the pedal pressed to the floor.
Biba 2025: Trade body launches national insurance broker advertising campaign
The British Insurance Brokers’ Association has launched a national advertising campaign to promote insurance brokers to SMEs.
Biba 2025: Biba welcomes FCA proposals on paring back insurance rules
The British Insurance Brokers’ Association has welcomed the Financial Conduct Authority consulting on stripping back the insurance rulebook.
Biba 2025 Countdown: Alps and Consilium Risk Solutions
It is the first morning of the British Insurance Brokers’ Association’s Conference and Matt Pini, managing partner of Consilium Risk Solutions, and Julian Tomlinson chairman of Alps, are the final pair to offer up their thoughts.