Insurer
CMA greenlights Aviva’s takeover of DLG
The Competition and Markets Authority has today cleared Aviva’s takeover of Direct Line Group.
MGA backer Accelerant files for IPO in US
Risk exchange platform and capacity provider Accelerant, a major player in the UK managing general agents market, has revealed plans for an IPO in the US.
Hiscox launches cargo API
Hiscox has launched a cargo application programming interface-based solution, available through broker partners for underwriting small cargo and stock throughput risks.
Starpeak renews binder with Axa XL’s UK and Lloyd’s business
Digital distributor of specialist insurance products, Starpeak, has renewed its binder arrangement with Axa XL’s UK and Lloyd’s business, marking the 10th year of the partnership.
Ripe tops £20m turnover in 2024
Manchester-based digital managing general agent Ripe grew turnover by 15.7% in 2024 to £20.6m.
People Moves: 23 – 27 June 2025
Follow the latest personnel moves in insurance.
Allianz warns SMEs of the risk of underinsurance in summer
Allianz has warned of the “genuine risk of underinsurance” as it found 34% of SMEs don’t adapt their insurance levels to accommodate fluctuations in seasonality.
Van insurance premiums down 4.2% in past three months – Consumer Intelligence
Quoted van insurance premiums fell by 4.2% in the three months to the end of May, according to the latest research by Consumer Intelligence.
UK motor insurers to break even this year and dip into red in 2026, says EY
EY has revised its forecast for the UK motor insurance market this year suggesting insurers will break even with a net combined ratio of 100%.
Policy Expert grows pre-tax profit by more than £25m as motor moves into black for first time
Policy Expert increased its profits before tax to £30.1m in the last financial year, up significantly from £4.9m, as underlying Ebitda more than doubled to £55.3m.
Aviva GCS revamps real estate and construction, including mass timber
Aviva’s Global Corporate and Specialty business has launched a new and unified ‘Real Estate and Construction’ client practice, bringing together its construction, latent defects and real estate teams.
Blog: Counting up the commercial longevity
Which is longer: the average tenure of a FTSE 100 CEO or that of a commercial insurance leader? Emmanuel Kenning calculates the numbers and finds a surprisingly short job-title occupancy in the sector.
Alps adds Financial & Legal to GAP panel
Managing general agent Alps has added Financial & Legal to its panel for Guaranteed Asset Protection insurance.
DLG CEO Winslow and CFO Poole to exit in Aviva takeover management reshuffle
Adam Winslow, CEO of Direct Line Group, will exit when the takeover by Aviva goes through.
Birmingham regional review: Highly competitive market
Birmingham’s central location in the country creates opportunities for investment and growth, according to experts in the highly competitive broker market, with recruitment flagged as the main challenge.
Brokers drawn to MGAs with ‘next-gen’ culture and emerging talent – Corin
Brokers are increasingly drawn to managing general agents with a strong commitment to innovation, community engagement, and talent development, according to research by Corin Underwriting.
Cowbell targets cyber insurance education to increase uptake
Simon Hughes, senior vice-president of global distribution at Cowbell, looks to grow the cyber insurance market by educating brokers, as the UK team continues to expand.
Hiscox creates new HNW trading director role
Hiscox UK has appointed Matt Perkin to the new role of trading director for high net worth, art and collections.
Arkel rolls out landlords product on Acturis
Managing general agent Arkel has added its landlords let property insurance ‘Premier Let’ to Acturis meaning it now has products on every software house.
People Moves: 16 – 20 June 2025
Stay in the loop with the latest insurance personnel moves.
Allianz confirms broker commitment amid job losses
Allianz has promised no disruption to the way it serves brokers and reiterated its long-term commitment to the sector as it goes through the process of cutting 650 jobs in the UK.
Car premium drops continue as prices hit two-year low
Comprehensive car insurance premiums fell by 3% in the last three months, taking the annual decline to 16%, according to research by Confused and WTW.
Folgate ramps up e-trade limit for landlords products
Folgate Underwriting has extended its landlords Acturis and extranet e-trade products to plug the e-trade gap with sums insured up to £20m.
Specialist MGA seals new liability capacity across three business lines
Specialist MGA Avid Insurance has partnered with insurer Starr to access fresh underwriting capacity.