Insurer
UK commercial market softening continues at 6% – Marsh
Commercial market rate softening in the UK continued at 6% in the second quarter, according to Marsh, identical to the pace at the start of the year.
MGA Arkel secures £120m AmTrust capacity
Specialist managing general agent Arkel has secured an increased limit of £120m gross written premium of A-rated capacity with AmTrust over the next three years for non-standard household insurance.
South African insurer relaunches in the UK
Santam, Africa’s largest short-term insurer, has been granted in-principle approval by Lloyd’s to launch Santam Syndicate 1918.
Experts respond to ‘much ado about nothing’ FCA premium finance review
“After weeks of speculation, the overall feeling is one of ‘much ado about nothing’ – especially if you’re a firm doing the right thing,” said Michael Sicsic, managing partner of Sicsic Advisory, on the Financial Conduct Authority’s premium finance…
MGU teams up with HSB for construction launch
Victor Insurance UK has launched a contractors all risks insurance product targeting contractors and subcontractors with up to £20m in annual revenue.
No broker commission bans or compulsory 0% APRs on premium finance, says FCA
The Financial Conduct Authority has confirmed it is not going down the route of banning broker commission in premium finance and will not be forcing a 0% annual percentage rate or bringing in a single level market-wide cap.
Aviva leans into digital with enhanced freight liability insurance launch
Aviva Global, Corporate and Specialty has rolled out freight liability insurance on Acturis for the first time alongside making the enhanced version available on Fast Trade.
Fairer Finance calls for government intervention on ‘discriminatory’ insurance pricing models
Fairer Finance has tackled unfair and discriminatory pricing models driving a “poverty premium”, and called for the government and regulators to intervene as it made five recommendations.
Flood Re posts 20% policy growth to new record but profits down
Flood Re has posted a 43% fall in pre-tax profit to £13.5m as rising reinsurance costs more than outweighed lower claims costs in the year ended 31 March 2025.
UK brokers and MGAs rebranded ‘to drive scale’
HW Kaufman Group has unveiled plans to consolidate its broking and underwriting brands outside of North America.
Pen seals new solicitors’ PI facility after IGI capacity deal ends early
Pen Underwriting has put new solicitors’ professional indemnity business on hold while it finalises a new long-term capacity deal for the product line.
CFC eyeing up £5bn+ London Stock Exchange listing – FT
CFC is exploring options including listing on the London Stock Exchange, according to the Financial Times.
Aviva doubles offshore renewable energy capacity to £150m
Aviva has doubled its offshore renewable energy capacity to £150m, with Roberts Proskovics appointed to lead the insurer’s renewable energy team.
Insurers backing Biba’s disclosure guidance – Trudgill
Every insurer partner has responded positively to the British Insurance Brokers’ Association’s good practice guide on a clearer approach to disclosure, CEO Graeme Trudgill told Insurance Age as the trade body delivered on its commitment to meet each…
Blog: Shifting the lens on AI transformation
In all the talk of AI transformation, there’s a tendency to focus on the incremental gains: its role in enhancing the customer experience, business intelligence, fraud detection, predictive modelling and pricing, driving competitive advantage. But is…
Ex-Lloyd’s CEO John Neal heads to AIG, reversing Aon move
John Neal is set to join AIG as president effective 1 December 2025, having previously been destined for Aon.
Markerstudy confirms CFO switch
Markerstudy Group has named Keith Barber as interim chief financial officer succeeding Fernley Dyson who has moved to be CFO of Tradex-owner Saturn Holdings, part of backer Pollen Street’s portfolio of companies.
Accelerant IPO could hit $578.9m
Accelerant has revealed the share price of its initial public offering is expected to range from $18 (£14.9) to $20 meaning the top end total could reach $578.9m.
Education key as AI adoption faster than ever, says CFC’s Radu
Focusing on the end client and education programmes spanning policyholders, brokers and insurers is key to success as companies ramp up the use of artificial intelligence, CFC head of technology Aura Radu told Insurance Age.
Liberty launches crypto protection product
Liberty Specialty Markets has launched a dedicated product for financial institutions operating in the cryptocurrency market.
Interview: ERS managing director Martin Hall
The newly appointed ERS managing director Martin Hall speaks to Jonathan Swift about how it plans to maintain its profitable growth through embracing data/technology, focusing on opportunities in mobility innovation and being the go-to market for brokers…
Axa’s Walker and Aviva’s Storah tackle monthly payments, flooding and Consumer Duty in parliamentary session
Jon Walker, CEO of Axa Commercial, has highlighted the valuable service of pay monthly options, and urged the government to increase flood defence spending, in a parliamentary session held earlier this week.
People Moves: 7 – 11 July 2025
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Allianz confirms Graham Stait as director of UK markets following Carey exit
Allianz Commercial has confirmed Graham Stait as director of UK markets, after holding the role of director of mid-market on an interim basis since August 2024.