Insurer
Covéa more than doubles profit in 2025
Post-tax profit at Covéa Insurance soared to £72.4m in 2025, more than doubling from £32.9m the year before when it swung back into the black after years of losses.
Geo partners with Intact on marine capacity
Geo Underwriting has entered a capacity partnership with Intact Insurance for the next phase of the Ardonagh-owned MGA’s specialist marine trade offering.
First Senior picks Peach for specialist mobility and warranty scheme capacity
Peach has agreed a deal with First Senior Insurance to be the exclusive capacity provider for its core mobility insurance and extended warranty products.
Biba 2026 Countdown: Granite’s Alistair Rose
The countdown has started and in a month’s time it will be day two of Biba 2026. Alistair Rose, managing director at Granite, pitches quality over quantity when it comes to Biba Conference interactions, not least during the more chilled out Thursday when…
Flock moves into haulage fleet with Admiral backing
Flock has launched a haulage fleet product in its first market expansion since Admiral Group signed up to buy the data-driven fleet insurance specialist.
Canopius unveils Manchester office as its second largest
Canopius has opened a permanent office in Manchester marking its second largest location after London.
Pool Re seeks to boost take-up of terrorism cover by SMEs with new scheme
Pool Re has launched a new incentive scheme for its members, aimed at increasing the uptake of terrorism insurance cover among SMEs as it highlighted only around 4% of the sector has cover in place.
Aviva refreshes PI cover offering brokers flexibility
Aviva has refreshed its digitally traded professional indemnity product as it launches the proposition on Fast Trade and Acturis.
Biba 2026 Countdown: Pen Underwriting’s Nick Milton
With the Biba Conference 2026 kicking off a month today Nick Milton, head of sales and distribution for the UK and Europe at Pen Underwriting, looks forward to the early morning calm before the storm and gives advice on how to avoid doing 20,000 steps…
Axa strikes renewables partnership and expands construction offering
Axa Insurance UK has entered a delegated authority partnership with Lime Underwriting to provide “innovative decommissioning bonds” for the UK’s renewable energy sector, as the insurer also made updates to its construction offering.
Axa XL names Poonam Jivram head of motor underwriting for UK and Lloyd’s
Axa XL has promoted Poonam Jivram to head of motor underwriting for the UK and Lloyd’s, with responsibilities including motor fleet and broker relationships.
People Moves: 7 – 10 April 2026
Stay in the loop with the latest insurance personnel moves.
Windstorm Goretti losses grow to £417m
Perils has raised its estimate of the insurance market loss from windstorm Goretti to €479m (£417m) from €467m.
Arch promotes McGrady to head of casualty
Arch Insurance has promoted Mark McGrady to head of casualty – UK regional division.
Ripe joins MGAA to underline position in the sector
Ripe has joined the Managing General Agents’ Association, in what it claimed underlines the digital MGA’s position in the MGA sector.
Macquarie-backed MGA rolls out first product line
Macquarie-backed managing general agent Longbrook Insurance has announced its first product roll out to brokers.
Markel takes another senior leader from Intact
Markel Insurance has hired from Intact again, appointing Lee Dainty to the newly created chief operations officer role for its UK business, effective today (7 April).
Chubb extends middle-market range with four launches
Chubb has launched four specific package products, extending its MasterPackage offering, to meet the needs of middle-market clients.
Aviva to complete commercial combined overhaul with final module launch
Aviva is poised to complete the overhaul of its digital commercial combined insurance proposition, with the launch of its final standalone module, money insurance, available from May.
Iprism maintains growth run post MBO
Iprism Underwriting Agency boosted turnover by 8.9% in the year ended 30 June 2025, maintaining its expansion streak since a management buyout in 2021.
Pen adds Hiscox to capacity roster with non-standard household deal
Pen Underwriting has entered a multi-year strategic partnership with Zurich and Hiscox for its non-standard household insurance business in the UK, Channel Islands and Isle of Man.
MGA Optio expands marine offering with UK deal
Optio Group has bought London-based managing general agent Gardian Marine for an undisclosed sum, subject to regulatory approval.
Brokers digitally self-servicing hits 90%, Aviva finds
Brokers’ appetite for digital self-service is rising, with 90% now happy to manage business digitally, up 10% year on year, according to Aviva’s latest broker barometer.
Floods-impacted homeowners hit with 121% premium gap
Homeowners living in properties that have previously been flooded are paying 121% more than the UK average, according to new research.