News
Lloyd's returns to profit in first half of 2021
Market reveals a profit of £1.4bn as well as an improved COR of 92.2% as gross written premiums also increase.
BGL confirms Fenchurch appointment as it explores insurance unit sale
BGL says it has "a duty to explore" approaches as Sky News reports that the business is considering a potential £700m sale of its insurance arm.
NPA Insurance names Brendan McCafferty as non-executive director
The former Brightside CEO is also going to join the company’s niche insurance brand, Peach Pi.
Peril in product governance – who you gonna call?
News analysis: Brokers are under the cosh and many need guidance on how to implement the FCA’s wide-reaching rules on product governance.
People Moves: 6-10 September 2021
Keep up tp date with the latest people moves.
Interview: Cuvva's Andy Tomlinson
Cuvva COO Andy Tomlinson talks about the company's evolution, the rise of on-demand products and the broker's plans for the future.
PIB's 2020 deal spend revealed
The consolidator's accounts show it spent a total of £92.8m on deals during the year, as it also reports increases in turnover and Ebitda.
Video: Das UK takes on the Ride Across Britain challenge
Insurance Cares: Follow along as the team of ten insurance professionals tackle the 980 miles from Land’s End to John O’Groats to raise money for Insurance United Against Dementia.
Markerstudy Broking hires trading director
Simon Townsend joins Markerstudy following its purchase of Brightside earlier this year.
MGA with focus on UK care sector launches
Nivante trades exclusively through brokers and provides specialist combined insurance products for the UK care sector, including liability, property damage, and medical malpractice.
Beazley launches cyber policy for luxury yachts
According to the provider, the cover is designed to protect against physical damage, loss of access, threat and ransom of the vessel and offers a 24-hour claims hotline for its policy holders.
Willis & Company rebrands as WF Risk Group
The Belfast-headquartered business says the move follows recent growth and acquisition activity, including its deals for Kennett Insurance Brokers and Playle Russell, as it reveals it is looking to expand further.
Lucida on track to make deals following rebrand
In an exclusive interview with Insurance Age, group CEO Mike Joseph discusses the creation of the new broking group and its plans for the future.
Right Choice Holdings rebrands as Lucida
Move creates a new broking group which includes Right Choice Insurance Brokers as well as recently purchased brands such as Bennetts and Moorhouse Group.
PIB buys Simply Insurance Services
The broker said the deal would bulk up its motor offering as it also reveals it is retiring the aQmen, TFP Schemes and Thistle brands which form its Q Underwriting division.
Ethos targets £500m GWP by 2022
CEO Richard Tuplin talked about the company's recent acquisition of Drayton Insurance and detailed what the broker has in store for the coming year.
Zurich UK appoints CUO
Caroline Dunn joins the insurer from Lloyd’s where she was responsible for distribution and broker and syndicate relationships.
BLW to focus on broker partnerships following Lloyd's accreditation
CEO Brett Sainty tells Insurance Age about the wholesale broker's growth plans and discusses building long-term relationships with independent regional brokers.
Das UK team hikes up fundraising target ahead of Ride Across Britain
Insurance Cares: The team of ten insurance professionals is taking on the 980 miles from Land's End to John O'Groats to raise money for Insurance United Against Dementia and the Alzheimer’s Society.
Verisk-owned Sequel buys broking software specialist Ignite Systems
The deal is set to expand Ignite systems pipeline and offer Ignite's existing clients access to Sequel's infrastructure and resources.
Blog: What can the cloud do for me and my business?
Open Gi's Ben Legg explains how cloud technology can offer a boost to UK brokers.
AllClear Travel Insurance buys InsureandGo
The deal doubles the size of AllClear’s UK travel proposition.
Have your say on insurer performance
Take part in the Broker Satisfaction Survey today and share your views on which providers are broker service stars and who needs to improve. The survey closes on 10 September.
FCA issues warning over broker Professional Construction Risks
The watchdog said that it appears the business “acted dishonestly” and warned customers to decline to do business with the firm.