Octagon closes to new business
The Gibraltar-based firm switches from insurer to MGA and insists it is still solvent.
Gibraltar-based insurer Octagon has changed its status from insurer to MGA following the decision for the UK to exit the European Union.
On its website customers are informed: "Customers with a policy that started on or before 31st December 2016 can continue to use this website as usual.
"Customers with a policy that renewed on or after 1st January 2017 - the details on this website will not be relevant to your policy, please see your renewal pack for further information."
The firm dealt with
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk or view our subscription options here: https://subscriptions.insuranceage.co.uk/subscribe
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@insuranceage.co.uk
More on Insurer
People Moves: 5 – 9 January 2026
Keep up to date with the latest personnel moves in insurance.
CFC extends ‘flagship’ SME cyber cover
CFC has launched a customer business interruption extension to its ‘flagship’ cyber proactive response cover for SMEs.
UK & Ireland CEO Stephanie Ogden leaves HDI for Munich Re
Stephanie Ogden, CEO of HDI Global UK & Ireland, will leave on 31 January ahead of joining Munich Re on 1 March.
Motor MGA KGM boosts Zurich deal to £2bn+ over five years
KGM has renewed its capacity deal with Zurich for a further five years tapping into backing for over £2bn in gross written premium, Insurance Age can reveal.
Axa Commercial CEO Walker to head retail arm on interim basis after Zweibrucker exit
Axa has confirmed that its UK commercial CEO, Jon Walker, has also taken interim control of its retail business while it finds a replacement for the former incumbent, Alain Zweibrucker.
Home premiums flatten in Q4 – Pearson Ham
Combined home buildings and contents premiums slipped marginally in the fourth quarter of 2025 but the nearly flat results signalled a significant shift from the sharper cuts earlier in the year, according to the latest research by Pearson Ham.
Aon’s Andersen to replace Zaffino as AIG CEO
AIG has announced that group chairman and CEO Peter Zaffino intends to retire and transition to executive chair by mid-year.
Coalition UK expands footprint
Cyber insurer Coalition has expanded its ability to deliver cover to organisations based in the Isle of Man, Jersey, Guernsey, the remaining Channel Islands, and Gibraltar.