News
Coalition’s broker-only cyber offering goes live
San Francisco-headquartered cyber insurance provider Coalition has begun trading in the UK.
Jensten rolls out combined underwriting business
The Jensten Group has brought Policyfast, City Underwriters and Gresham Underwriting together under a single brand with the launch of Jensten Underwriting.
PIB set for more UK deals
PIB is set to move forward with more UK deals and is also achieving double digit organic growth according to chief financial officer, Ryan Brown.
FOI reveals increase in cyber breach incidents reported to FCA by brokers
A Freedom of Information request by Insurance Age has revealed that the number of cyber breach incidents reported to the Financial Conduct Authority has increased for insurance intermediaries but dropped for regulated firms altogether.
IUA develops wording to support removal of unsafe cladding
The International Underwriting Association has developed a clause to help support the removal of unsafe cladding on high-rise buildings.
PFS figures reinforce scale of financial challenge at CII
The financial performance of the Chartered Insurance Institute has again come under scrutiny as the Personal Finance Society posted its figures for 2021.
People Moves: 30 August - 2 September 2022
Keeping you up-to-date with the latest insurance moves.
Biba encourages brokers to use its flood directory
The British Insurance Brokers’ Association has encouraged brokers to use its flood directory to ensure eligible households that are denied flood cover can still be offered it.
Markerstudy recruits new head of fraud from LV
Markerstudy has appointed Clare Lunn to a new role of head of fraud.
Start-up Broadway triples GWP
Broadway Insurance Brokers tripled gross written premium in the past 12 months hitting £4.5m, CEO Daniel Lloyd-John has confirmed.
Companies House says sorry and deletes Gallagher strike-off notice
Companies House has today (31 August) removed a listing of a First Gazette notice for compulsory strike-off against Arthur J. Gallagher Holdings (UK) Limited.
Iprism integrates with Acturis
Managing general agent Iprism has added its tradesman, contractors and professionals product to the Acturis trading platform.
FCA warns of HDI Global clone firm
The Financial Conduct Authority has alerted the market and consumers to a clone of authorised insurer HDI Global SE.
More acquisitions on the horizon for Seventeen Group
Seventeen Group is poised to strike more deals before the end of this year and into 2023 with European expansion on the agenda, according to CEO Paul Anscombe.
Trade credit joins cyber as a challenging market – Aon
Pricing in the UK market continued to harden across all classes in the second quarter except for directors and officers’ insurance, according to the latest report by Aon.
GRP posts £201m turnover ahead of Brown & Brown sale
Global Risk Partners has reported an operating profit of £71.3m for the year ended 31 March 2022 in its final set of results under private equity ownership.
H&H expands in Wales with Wrexham office
H&H Insurance Brokers has opened an office in Wrexham to be its administrative hub for its Wales operation.
Zego partners with QBE
Zego has partnered with QBE to expand its fleet insurance offerings.
Ecclesiastical adds to HNW offering
Specialist insurer Ecclesiastical has launched a new enhanced Art and Private Client policy to the market.
Worries remain on subsidence but claims volume still uncertain
Earlier this month LV released figures showing that subsidence cases were up by 205% between June and July, and warned that they were likely to increase even more.
Romero on track to double its business
Managing director, Simon Mabb has revealed that Romero is on track to achieve its five year plan of doubling its business by 2025.
Stubben Edge Group acquires Bonhill Group’s Business Solutions & Governance Division
Stubben Edge has acquired a division of insight and content provider Bonhill Group as it seeks to offer its brokers and their SME customers a broader service.
Allianz snaps up chief compliance officer from Aviva
Allianz Holdings has appointed Alison Rayner to the newly created position of chief compliance and corporate affairs officer, effective from February 2023.
Aston Lark buys AJ Insurance Service
Aston Lark, a Howden company, has acquired Essex-based AJ Insurance Services for an undisclosed sum.