Amlin acquires stake in second UK broker

Amlin, the leading specialist non-life insurer, has acquired a minority shareholding in independent UK broker, T L Dallas Group.

Through such investments, Amlin will aim to develop its existing longstanding business relationships with selected UK retail and wholesale brokers and expand and enhance the product range available to their clients.

T L Dallas, founded in 1919, is one of the leading independent commercial insurance broking groups in the UK and operates from offices in Bradford, London, Manchester and Lerwick.

Colin Dallas, chairman of T L Dallas said; “We have worked with Amlin for many years and greatly value

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Broking profits fall at Saga

Underlying profit before tax in Saga’s insurance broking arm fell to £39.8m for the year ended 31 January 2024, compared with £71.5m in the previous period.

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