News
CEO Needs leaves Applied Europe a year after Epic pullout
Tom Needs is set to leave his Applied Systems Europe CEO role less than a year after the software house announced it would be pulling its Epic offering from the UK.
Canopius seeks to ‘bridge the gap’ with new cyber triggered spoilage cover for perishable stock
Canopius Group has launched a cyber-triggered spoilage cover designed to protect businesses when a cyber incident renders their perishable stock unsellable.
FCA warns young drivers not to be left on the roadside by ghost brokers
The Financial Conduct Authority has warned 17-25 year olds on ghost broking scams as research finds half of young drivers have bought insurance through social media or messaging apps.
Dual UK strikes new capacity deal with Axa
Dual UK has agreed a new capacity agreement with Axa to underpin its natural resources product.
Acturis Worldwide reveals revenue and operating profit in inaugural accounts
Acturis Worldwide, the parent company of the software house since Astorg upped its investment in 2024, has revealed £25m of operating profit and £220m of revenue in its first set of accounts.
Hemming: Hiscox to continue filling ‘obvious’ cover gaps
Brokers can expect Hiscox UK to launch more commercial product extensions in the coming months, as the insurer seeks to fill “obvious gaps”.
Newly launched Momentum AR buys Devon-based broker
Start-up broker Renata Group has purchased Devon-based Abbot Insurance Consultants, as part of its long-term strategy to expand its UK footprint.
FSCS confirms zero broker levy in 2026/27
The Financial Services Compensation Scheme has confirmed brokers will not pay a levy in the 2026/27 financial year, delivering on its intentions set out in November.
Allianz Commercial CDO Ktenidis targets e-trade growth in Northern Ireland and sub-£10,000 risks
Allianz UK Commercial is seeking to grab its share of a £2bn opportunity by converting manually traded sub-£10,000 premium risks to digital.
Aviva promotes McMurrough to commercial lines CUO
Aviva has appointed Alex McMurrough as chief underwriting officer for commercial lines.
Biba to strengthen stakeholder engagement with head of public affairs hiring
The British Insurance Brokers’ Association has appointed Amy Cox as head of public affairs who has committed the trade body will remain a “a constructive friend and trusted voice for government”.
FCA warns firms of fake texts in two-step bank details scam
The Financial Conduct Authority has sounded the alarm about scam MyFCA text messages and has urged firms not to share any information including bank details.
Allianz to cap personal broker renewals to help them be more competitive
Allianz is planning to cap renewal premium increases for its brokered personal lines business to help intermediaries retain customers, Insurance Age has learned.
Hiscox share price jumps over 15% after Intact bid report
Hiscox’s share price leapt by 15.2% at lunchtime on Friday 15 May after sister-title Insurance Post revealed Intact is eyeing up a potential bid.
Partners& launches in Manchester
Partners& is launching in Manchester describing the investment in the city as a ‘statement of intent’.
Biba 2026: Values, values, values – Intact boss Ken Norgrove on rebranding
Having taken Intact Insurance on a rebranding journey, UK and international CEO Ken Norgrove has shared his insights with brokers on four key elements with ‘values, values, values’ top of the list in his experience.
People Moves: 11 – 15 May 2026
Keep up to date with the latest personnel moves in insurance.
Intact extends risk consulting service across commercial book
Intact Insurance has confirmed the roll out of ‘Risk Assist’ as a core policy offering across its entire commercial lines portfolio, detailing a series of benefits in support of brokers.
Biba Conference to return to Manchester in 2027
The British Insurance Brokers’ Association has confirmed Manchester will be hosting the 2027 conference on 12 and 13 May.
Biba 2026: Faulkner and Briggs named winners of Young Broker of the Year award
George Faulkner, managing director of Merlin Insurance and Jack Briggs, senior commercial account executive of KGJ Insurance Group, have been named the two Young Broker of the Year 2026 award winners by the British Insurance Brokers’ Association.
Biba 2026: Biba achieves manifesto goal with Financial Services Bill
The British Insurance Brokers’ Association has achieved its number one manifesto issue with the Enhancing Financial Services Bill being announced in the King’s Speech.