News
EY offers gloomier forecast for 2026 motor market with latest analysis
The UK motor insurance market is expected to only break even in 2025, and be loss-making in 2026, according to EY’s latest analysis.
New roles for Tonge and Grazier as Bspoke reshapes management structure
Bspoke Group has named Nick Grazier as group sales and marketing director and Wayne Tonge as group commercial managing director.
US insurer to target new brokers with company market play
Westfield Specialty International has announced plans to expand its business from a Lloyd’s-only vehicle into the company market.
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Zurich signs five-year £350m specialist fleet capacity extension deal with Pen
Pen Underwriting has extended its capacity deal with Zurich, in a partnership that will enable the managing general agent to write more than £350m in premium over the next five years focusing on specialist fleet risks.
Government’s motor insurance taskforce report sparks ‘fudge’ and ‘credible job’ reactions
The government has published its Motor Insurance Taskforce Report, whose work has been both praised as a “credible job” and slammed as “rehash” and a “fudge”.
Howden hires from Gallagher to target $600m space insurance market
Howden has established a new dedicated space insurance capability led by industry veteran Clive Strickland.
HSB launches hunt for new engineering MD as Dyson retires
Terry Dyson, the managing director of HSB’s engineering insurance business in the UK and Ireland, has decided to retire at the end of March 2026 after an insurance career spanning 40 years.
Ex-Simply Business boss joins Admiral-backed SME challenger insurance provider
Tide has appointed former Simply Business boss and ex-network leader Dan McNally as senior vice president and CEO of Tide Insurance Services.
Experts underwhelmed by FCA insurance rules simplification
Market specialists have given a lukewarm welcome to the Financial Conduct Authority’s changes to the insurance rule book, flagging missed opportunities, disappointments and branding the outcome as unlikely to get pulses racing.
MGA Addept launches SME commercial legal protection solution
Addept Insurance Services has added a commercial legal protection insurance solution to its expanding portfolio of legal expense products.
‘Time:To’ named Biba conference 2026 theme
The British Insurance Brokers’ Association has unveiled ‘Time:To’ as the theme for its 2026 conference to be held on 13 to 14 May next year.
JMG appoints two leaders in widened structure after recent PE investment
JMG Group has created two new leadership roles, naming Jake Fox CEO of underwriting and speciality, and Neil Forrest CEO of retail.
Aviva urges brokers to educate SMEs on cyber risks
Research from Aviva has found 36% of SMEs rank cyber as their most significant risk, with the insurer urging brokers to step in as firms underestimate cyber and other disruptive risks.
Intact enhances commercial products in first move under new brand
Intact Insurance has unveiled three enhanced commercial lines products, the first to be launched under its brand in the UK.
Cyber insurer adds Deepfake Response Endorsement to policies
Cyber insurance specialist Coalition has added a new Deepfake Response Endorsement to its policies globally, including the UK, it has announced.
Partners& hires managing partner to wellbeing division
Partners& has hired Tom Klinkenberg from Lockton as managing partner of wellbeing, health and protection.
Ex-broker/MP Tracey, CII and university team up on insurance talent pilot
Former MP Craig Tracey will lead a project for the Chartered Insurance Institute as it joins forces with Birmingham City University Business School to launch a 12-month pilot programme designed to strengthen the talent pipeline into the insurance…
FCA confirms insurance rules simplification
The Financial Conduct Authority has confirmed changes to simplify its rules for brokers and insurers including ongoing training and product reviews and revealed further plans for next year.
PIB updates on progress following aborted Gallagher deal
PIB Group has revealed its M&A activity will be “exclusively centred” on Spain, Netherlands, Germany and France next year as it hailed a record 27 deals to September 2025.
Two in five brokers expect telephone/in-person sales growth despite tech upsurge
Two fifths of brokers see growing in-person sales as distinguishing factor in an increasingly digital age, according to a survey of commercial and personal lines brokers by Open GI.