Flood Re has become the first public body to join the British Insurance Brokers’ Association.
Aviva has signed up to buy all of Probitas for £242m, signalling a return to the Lloyd’s market.
Bravo Networks has launched Bravo Digital Trader, with Zurich writing the first policy.
With a new-look senior commercial lines team in place, brokers must hope RSA is done with chopping and changing at the top. Jonathan Swift assesses what the future might hold now dates have been set for the NIG integration.
Sheldon Mills, executive director of consumers and competition at the Financial Conduct Authority, has promised to use all regulatory tools at the watchdog’s disposal in an update on progress for multi-occupancy buildings insurance.
Motor insurance has remained in the top five most-complained-about products with buildings insurance also joining the list, according to the Financial Ombudsman Service as it released data for October to December last year.
BSpoke Group has completed the acquisition of the personal lines business of the Police & Forces Mutual businesses, Police Mutual Healthcare and Police Mutual General Insurance, from Royal London.
The British Insurance Brokers’ Association has appointed Iprism Underwriting to provide members with access to a high value home insurance scheme, Insurance Age can reveal.
There has never been a greater need for a cut in Insurance Premium Tax according to the Association of British Insurers as it campaigns for an immediate drop in the rate.
Axa’s withdrawal from the motorbike market next month has again raised questions about a potential capacity crunch for those brokers insuring two-wheelers. Saxon East explores what effect this and other trends are having on the sector.
The industry needs to make it clear to consumers why premiums are rising according to specialists at the Association of British Insurers’ annual conference.
Ageas has reported a 20% hike in UK gross written premiums to €1.49bn (£1.27bn) for 2023, as profits in the European division rose.
Legal & Contingency has launched an insurance policy that covers the installation of electric vehicle charging points in England and Wales.
Hiscox has appointed Cath Frost as UK chief operating officer from RSA where she was mid-market managing director for UK commercial lines.
RSA Insurance has made a number of changes to its commercial lines leadership team ahead of the completion of the takeover of NIG and FarmWeb.
Experts at the Association of British Insurers’ annual conference have urged that everyone working together is what will improve the poverty gap.
The Financial Conduct Authority has committed to carrying out enforcement cases more quickly as it opened a consultation on a “step change” in being more transparent when opening an investigation into a firm.
Amphitrite Underwriting London has confirmed receiving full authorisation from the Financial Conduct Authority on 31 January 2024.
Property and fleet rates remain stubbornly high as shown by the latest Q4 figures from the Acturis Commercial Lines Index, Rachel Gordon reports.
Allianz has been growing in SME business and will push ahead further with smaller brokers this year alongside targeting growth in mid-market, according to UK CEO Colm Holmes.
Allianz Holdings grew gross written premiums by 7.4% in 2023 as operating profits jumped 65% reversing the fall in 2022.