News
DCL survey pinpoints claims service in commercial motor as ‘key battleground’
More than two-thirds of commercial motor brokers say claims handling quality and risk management support decide where they place fleet business when premiums are broadly comparable, according to research by Direct Commercial Limited.
Allianz backs Movo AR motor MGA launch Slick Cover
Allianz has launched a “digital-first” car insurance managing general agent Slick Cover, an appointed representative of Movo Partnership.
Bike broker Bennetts changes hands again as Hagerty swoops
Michigan-headquartered New York Stock Exchange listed Hagerty has signed up to buy motorbike specialist broker Bennetts from Lucida Group for £34m.
Starr unveils D&O suite to provide brokers consistency
Global investment and insurance organisation Starr has launched a suite of directors’ and officers’ policy wordings, designed to provide brokers and clients with greater certainty, consistency and flexibility.
MGA launches into specialist home market with Aviva hires
Specialist MGA Euna has launched a personal lines proposition with the introduction of Specialist Home, a non-standard residential and contract works product.
Markerstudy completes MGA sale to Saturn
Markerstudy Group has sold its managing general agent arm, Markerstudy Insurance Services Limited, to Saturn Holdings, in a deal first revealed by Insurance Age.
Bpsoke’s Smyth named MGAA chairman as Manchester steps down
Tim Smyth, deputy chair of Bspoke Insurance Group, is set to take on the chairman role at the Managing General Agents’ Association as Charles Manchester steps down after a decade.
Zurich launches life sciences offering in UK
Zurich has unveiled a life science insurance offering in the UK and Europe to address “critical risk exposures”.
Policy Expert renews capacity with Bridgehaven
Personal lines specialist Policy Expert has renewed its capacity with Bridgehaven until the end of December 2029 in a partnership expected to support around £1.75 billion of premium.
Alasdair Stewart retires from Axa
Axa UK marketing and broker development director Alasdair Stewart has confirmed his retirement after 15 years with the insurer.
Acrisure UK CEO Mcilquham and CFO/COO Cross resign
Mark Mcilquham, CEO, and Katherine Cross, chief financial officer and chief operating officer, have resigned from their leadership positions within Acrisure’s UK business, a spokesperson confirmed to Insurance Age.
SRG expands global specialty platform with acquisition
Specialist Risk Group has acquired Superian Insurance Group to strengthen its capabilities across specialty risk.
Clear hires retail boss from Aon as Williams takes new role
Clear Group today announced two senior leadership appointments including a hire from Aon.
DA underwriter seals new PE investor after trebling business since 2023
Delegated underwriting authority specialist Carbon Underwriting has signed an agreement for “a significant growth equity investment” from FTV Capital, the global sector-focused growth equity firm.
Aviva launches minifleet excess reductions on Fast Trade
Aviva has added an excess reduction of up to £200 for minifleet customers with policies traded on Fast Trade, to support brokers in delivering stronger claims outcomes for their SME customers.
Covéa reveals GWP splits and CORs for 2025
Covéa Insurance has broken down the performance of its commercial and personal lines units in an update on the 2025 results confirming improved profitability in both.
Global insurance firm ANV buys London-headquartered travel MGA
ANV, a global insurance intermediary platform, has signed up to buy Assured Underwriting Group, as part of continued expansion in the UK.
Experts welcome FCA insurance rules simplification but urge further to go
Insurance specialists have endorsed the Financial Conduct Authority’s pincer movement to strip back the insurance rule book and get rid of ‘box-ticking’ exercises, but urged the regulator to go further.
CDL hits record revenue but downward profit drift continues
Software house CDL grew revenue by 3.5% last year to a new high of £66.76m. However, profit after tax slid again.
Ageas teams up with Top 100 broker on home
Ageas UK has joined the Source Insurance panel, in the latest of a string of home-focused expansion moves by the provider.
Revenue growth across two Howden broking arms in the UK as staffing shifts
Howden UK and A-Plan have both reported revenue growth as the group reshuffled staff and businesses, according to Companies House filings.
FCA continues on insurance rules flexibility path with further simplification proposals
The Financial Conduct Authority has opened a consultation which it claimed will strip “overlapping and outdated requirements” from its insurance rulebook.
Ifed teams up with Nominet in battle against fake insurance websites
The Insurance Fraud Enforcement Department, part of the City of London Police, has teamed up with UK domain registry Nominet in the fight against spoof insurance websites.
Lockton wins Law Society Scotland account for further five years
Lockton has been reappointed by the Law Society of Scotland to administer and broker its Master Policy for professional indemnity insurance for a further five years having held the account for a decade.