News
Open GI adds Alps to provider suite
Open GI has partnered with managing general agent Alps, bringing add-on landlord legal and rent protection policies to the platform.
‘Scrap the FCA’ – Arron Banks unveils Reform’s ideas for a self-regulating insurance industry
Arron Banks has revealed Reform UK is considering scrapping the Financial Conduct Authority, allowing brokers to self-regulate, if it forms the next government.
Lloyd & Whyte Group broker buys De Novo Risk Solutions
Direct Corporate Risks has bought Worcestershire-based De Novo Risk Solutions.
Lloyd’s COR jumps up as GWP hits £32.5bn in first half of the year
Lloyd’s has reported an increase in its combined ratio to 92.5% in the first half of 2025 up from 83.7% in the same period last year.
Davies launches specialist property and casualty wholesale broker
Davies has launched a specialist property and casualty wholesale broker Assurex Global London.
Ex-Aviva and Direct Line CFO Jane Poole joins CFC
Jane Poole will be joining CFC as group chief financial officer this month, the insurance provider has confirmed.
Aviva prevents £60m in fraudulent claims in the first half of 2025
Aviva’s counter fraud team has stopped over 6,000 fraudulent insurance claims in the first six months of this year, amounting to more than £60m.
IDEX launches M&A sell side offering for brokers and MGAs
IDEX Consulting has unveiled its M&A advisory service designed for brokers and MGAs, in a move it claimed would challenge the industry’s current traditional transaction-focused model.
SRG adds five-strong team led by Manwaring
Specialist Risk Group has invested in its real estate, legal indemnities and rights of light capability with the arrival of a five-strong team led by Mark Manwaring, growing the offering to seven people.
Liberty adds Cole from Generali as UK broker boss
Liberty Specialty Markets has appointed James Cole as head of client and broker distribution for the UK and MENA, bringing more than 20 years of industry experience to the post.
SME MGA recruits ex-LV managers for launch in South West and Midlands
Acies SME UK, the first managing general agent set up by Acies MGU in 2021, has expanded its SME offering by launching in the South West and the Midlands.
Allianz Commercial boss Ly: 90% of underwriting decisions to be made locally
Allianz Commercial is seeking to de-centralise nine in ten underwriting decisions as it seeks to fulfill its ambition to become the “the easiest insurer to do deal with”.
Bain Capital to acquire Jensten Group
Bain Capital, the global private investment firm, has signed a definitive agreement to acquire Jensten Group from Livingbridge.
NBS launches enhanced contractors combined product
NBS Underwriting has launched a contractors combined product to provide brokers with a “comprehensive solution that brings essential construction-related covers together in one streamlined policy”.
Acrisure continues brand rollout with two more brokers adopting name
Acrisure has announced that two of its specialist brokers, FinCred and Building & Land Guarantees (BLG), have adopted the Acrisure brand and will operate under its name as of today (1st September).
Specialist insurer cites ‘consumer duty’ as it sells renewal rights to broker
Hagerty International has purchased the renewal rights of specialist classic car insurer Gilbart-Smith Associates.
New specialist healthcare and medical malpractice MGA launched
Superian Insurance Group has launched Scious Underwriting, a specialty Lloyd’s coverholder and MGA specialising in healthcare and medical malpractice risks.
Ex-Partners& and Gallagher boss helps launch new motor trade broker
The Independent Garage Association has launched RMI Insurance Services, a fully authorised insurance broker owned by the Retail Motor Industry Federation.
FCA outlines rule change to reduce data collecting burden
The Financial Conduct Authority has confirmed 36,000 firms will now no longer need to submit a nil return when completing certain tasks relating to disciplinary action saving them time and reducing burden.
Personal lines broker boss George to leave Allianz
Nicola George, MD of Allianz Personal Broker, is to leave the business in Q4, the insurer has announced.
Starpeak and Peach team up to target ‘creatives’ sector
Digital distributor of specialist products Starpeak has teamed up with Peach to expand its cover for the creatives sector.
Gracechurch: Lockton on the up, disrupting ‘Big 5’ in 2025 broker ranking
Marsh, Aon and Howden continue to feature as the most respected brokers in the London market, according to an annual ranking from research consultancy Gracechurch.
AUB international revenue jumped to £232.3m in ‘pivotal year’
Australian insurance broking firm AUB Group has reported that its international arm, which includes Tysers wholesale and its UK retail business, saw revenues jump 13.3% to A$465.9m (£232.3m) for the year to 30 June 2025.
Sompo boosts UK and international business with £2.6bn acquisition
Sompo has entered into an agreement to acquire Aspen Insurance Holdings for an aggregate consideration of approximately $3.5bn (£2.6bn).