Insight
Cyber risk analytics firm names new CEO
CyberCube has promoted Chris Methven to CEO succeeding Pascal Millaire who has taken on the role of senior advisor.
Grove & Dean doubles down on digital after turnover and profits slip
Motor experts Grove & Dean saw turnover shrink by 9.3% and post-tax profit fall 39.7% in the year ended 31 May 2025, but is seeing signs of improvement and momentum in the current year according to managing director Damian Collett.
Further increase in FCA insurance S166s
The Financial Conduct Authority hit the insurance sector with three skilled person reports in the third quarter, taking the running total for the financial year to six.
imarket adds another MGA to portfolio
Industry-owned imarket has pushed further into the managing general agent sector with Chapman and Stacey Underwriting launching a liability product onto Open GI’s platform via its service.
Ecclesiastical uncovers £3m of fraudulent claims, down on 2024
Ecclesiastical Insurance has reported it uncovered £3m in fraudulent claims during 2025, down from the more than £4m detected in 2024.
Lucida and Right Choice founder Mike Joseph to retire
Lucida Group founder and chief underwriting officer Mike Joseph will retire at the end of March, the business has confirmed.
FCA issues warnings over DLG and short-term cover broker clones
The Financial Conduct Authority has warned of two clones claiming to be Covertime and UK Insurance, part of the Direct Line Group.
Swansea broker Compare buys £1.5m GWP book of clients
Swansea-based Compare Insurance has acquired the book of clients from Insure My Business, adding £1.5m gross written premiums to the business.
People Moves: 2 – 6 February 2026
Stay in the loop with the latest insurance personnel moves.
Howden confirms $703m bond raise
Howden has confirmed its latest fund raise to bolster funding available for future growth investments.
Commercial Express adds Fortegra as capacity provider as MGU plans step forward
Managing general agent Commercial Express has struck a capacity partnership with Fortegra, Insurance Age can reveal.
Interview: Allianz’s chief distribution officer Nick Hobbs
Nick Hobbs, chief distribution officer at Allianz UK, tells Insurance Age about the importance of the provider’s regional footprint now including broker hubs, the challenges of the soft market and its MGA appetite as well as the ongoing investment in…
Blog: Four cyber threats brokers can’t afford to ignore in 2026
Tom Draper, managing director of Coalition UK, assesses four threats that show the dynamic nature of cyber risk to brokers and their clients, highlighting cybersecurity cannot be a once-a-year questionnaire or a box-ticking exercise at renewals.
WTW reveals 6% organic growth in broking for 2025
WTW has reported 6% organic growth in its risk and broking division last year, down from 8% in 2024 and 10% in 2023.
Home insurance falls 12% in 2025
Average quoted prices for home insurance fell by 12.1% in 2025, according to the latest Consumer Intelligence Home Insurance Price Index.
Consilium launches blended cover for real estate
Wholesale broker Consilium has launched a professional indemnity, directors and officers, and crime policy for the real estate market.
Markel boss Mooney warns SMEs are 'consciously' choosing to underinsure
Experts have called on greater education around renewals and the true value of insurance as underinsurance has started to become a conscious decision for SMEs.
UK commercial softening accelerated to 7% in Q4
The commercial insurance market in the UK softened by 7% in the final quarter of last year, in its eighth drop in a row, according to research by Marsh.
Peach partners with Paragon on property
Niche commercial insurer Peach has partnered with insurtech managing general agent Paragon, to provide capacity for its non-standard household and residential let property products.
Customer empowerment levels rising, says Aviva’s Storah
Aviva has seen an “increasing level of empowerment” among customers as the usage of artificial intelligence for research rises, according to Jason Storah, CEO of GI at the insurer.
Aviva enhances Minifleet on Fast Trade to cover more vehicles
Aviva has enhanced its Minifleet proposition to allow brokers to place up to 20 vehicles at new business on its proprietary Fast Trade platform.
FCA calls on insurance companies to “engage early and often”
There are no new market wide interventions needed to drive positive progress, according to Sarah Pritchard, deputy CEO at the Financial Conduct Authority, as she called on the industry to engage.
No price cap or zero interest order plans from FCA on premium finance
The Financial Conduct Authority has confirmed it will not introduce a price cap or order that premium finance is provided without interest, as it published its final report.
MGA Aspect becomes Insurance Museum ‘founder donor’
Managing general agent Aspect has signed up as the first Insurance Museum founder donor, committing to an annual donation over the next three years.