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Building Guarantee closure opens construction opportunity for TVP

New venture set to take up slack left by Zurich pullout

Property consultancy The Vinden Partnership (TVP) has launched a new product for the construction industry following Zurich's decision to close its Building Guarantee division.

Steve Padley, former account manager for the North of England at Zurich Building Guarantee, has joined Bolton-based TVP as head of its new insurance services department.

The business, which acts as an appointed representative of sister broker Watson Laurie, has launched new product Vindemnity as a complete project

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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.

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 technology and goals for 2026.

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