Insurer
Brokers voice mounting underinsurance worries in non-standard market
A survey by Prestige Underwriting has revealed an uptick among brokers concerned about non-standard customers risking underinsurance.
Hiscox launches sexual molestation liability cover
Hiscox has launched sexual molestation liability cover and confirmed the appointment of Harriet Turner to its London Market business to lead the new product, expanding its existing range of casualty products.
Peach and Yutree partner on property owners
Commercial broker and underwriting agency Yutree has partnered with niche commercial insurer Peach on the launch of a new property owners binder.
Allianz UK boss Holmes sees bright future from broker engagement in hubs and tech
Allianz UK has opened three hubs to work with brokers and will be rolling out technology developments this year into 2026, CEO Colm Holmes told Insurance Age.
People Moves: 4 – 8 August 2025
Follow the latest personnel moves in insurance.
Allianz UK boosts operating profit as business volume slips in half-year
Allianz UK grew operating profit by 28.4% in the first half of the year to £224.3m from £174.7m in the same period of 2024.
Specialist marine hull MGA becomes fully independent from Arch
Amphitrite Underwriting London, a specialist marine hull managing general agent, has moved to full independence following a buyback of Arch’s minority shareholding.
Doubling down on sector strategy is maintaining momentum with brokers, says Hiscox’s Musselle
Working with brokers, digital initiatives, product refreshes and brand strength helped Hiscox accelerate UK growth in the first half of the year, according to chief underwriting officer Joanne Musselle.
Hiscox maintains UK growth momentum at half year
Hiscox achieved 6% growth in UK written premiums in the first half of 2025 with rising policy numbers in commercial and in art and private client business taking the total to $463.4m (£348.6m).
Alps extends GAP partnership with Financial & Legal in motorhomes rollout
Alps has launched a Guaranteed Asset Protection insurance product specifically for motorhomes, teaming up once again with Financial & Legal.
FCA opens 2025/26 with one S166 in insurance
The Financial Conduct Authority has confirmed commissioning one skilled person report in the insurance sector during the first quarter of 2025/26, after a recent record total the year before.
Compare The Market owner ups investment in telematics insurtech
BHL (UK) Holdings, majority owner of Compare The Market, has invested a further £2m in telematics insurtech ThingCo.
Less than 1-in-5 people aware of ghost brokers – Ageas
Just 1-in-10 adults aged 55+ had heard of ghost brokers, according to a poll by Ageas.
People Moves: 28 July – 1 August 2025
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Sabre CEO promises sophisticated prices to brokers
Sabre Insurance Group CEO Geoff Carter has announced plans to offer brokers “even more sophisticated” pricing through a new platform, as he sets his sights on achieving £48m in profit by the end of 2025.
Sabre reports 26.2% profit growth as GWP dips
Sabre Insurance Group reported a 26.2% increase in profit before tax to £25.5m, despite a decline in gross written premiums, according to its 2025 half-year report.
Could the MGA explosion be slowed down by an indifference to claims?
MGAs have become all the rage, with a growth predicated by a rise in fronter and insurer capital/capacity and broker belief that they offer greater front-end service. However, are strains starting to show at the back end when it comes to the moment of…
Property payouts hit £1.6bn in second quarter
Insurers paid out £1.6bn for property insurance claims during the second quarter of the year, research from the Association of British Insurers has shown.
Ecclesiastical warns of growing subsidence risk
Ecclesiastical Insurance has urged property owners to take precautionary steps as the risk of subsidence and wildfires has increased following an extended dry spell.
Home insurance premiums flat in Q2 – ABI
The average price of combined building and contents home insurance was stable in the second quarter of 2025 at £391, according to the Association of British Insurers.
Windstorm Éowyn cost the insurance market €747m – Perils
Perils, a Zurich-based organisation providing industry-wide catastrophe insurance data, has raised its estimate for the insurance market loss from windstorm Éowyn to €747m (£650.27m), from €696m previously.
Bridgehaven makes first acquisition
Hybrid fronting insurer Bridgehaven has signed up for its first buy, to snap up Dublin-based insurer SureStone Insurance for an undisclosed amount.
People Moves: 21 – 25 July 2025
Keep up to date with the latest personnel moves in insurance.
Accelerant IPO beats expectations with $724m raise
Accelerant, a major player in the UK managing general agents market, has raised $723.7m (£533.9m) in an IPO in the US, with shares selling for $21, above the expected range of $18–$20.