News
Brokers shy away from net zero targets
According to research by Ecclesiastical only 5% of regional brokers have set a net zero target, Insurance Age can reveal.
Sam White streamlines UK businesses
Pukka and Freedom Brokers have been brought into Action 365 as the business slims structure and adopts CDL and Amazon Web Services.
Aviva calls on brokers to play key role in protecting clients from cyber risk
Aviva has urged brokers to help educate customers on how to improve resilience and ensure they have taken reasonable steps to protect themselves following alerts from government agencies that the commercial world faces an increasing risk of an online…
Car insurance prices up 4% in Q1
A 4% rise in average comprehensive car insurance premiums in the first quarter of the year has pushed the annual rate to a 2% increase, according to research by Confused and WTW.
Lloyd’s wholesale broker Corrie Bauckham Batts goes into liquidation
The Financial Conduct Authority has confirmed that Corrie Bauckham Batts went into liquidation on 20 April with John Dean Cullen and Rachel Helen Lai of Menzies appointed as joint liquidators.
Financial & Legal expands product range
Managing director, Karen Beales, was brought into the insurer two years ago to develop the products it offers.
Lloyd & Whyte grows revenue in 2021
The holding company of Lloyd & Whyte has reported a 22.2% increase in turnover in 2021 as acquisitions boosted the total to £23.4m.
FSCS pays out £7m in East West claims
Since East West Insurance Company went into administration the Financial Services Compensation Scheme has so far paid approaching £7m in valid claims costs.
Motor insurance premiums levelled off in February
The cost of car insurance has risen by 4.3% since the start of the year, Consumer Intelligence has calculated.
A watershed moment for HR
Joanne Wright, people and culture director at Specialist Risk Group, explains how the pandemic has forced a sea-change in insurance HR.
GRP’s County Group buys again in Wales
Global Risk Partners-owned County Group has bought 100% of the share capital of Archenfield Insurance Management in Wales.
Biba extends electric vehicle GAP scheme
The British Insurance Brokers’ Association has approved an extension to its exclusive GAP scheme with Jackson Lee Underwriting to include the recently launched electric vehicle early termination cover.
Zurich opens regional office for East Anglia in Chelmsford
Zurich UK has moved to strengthen its relationships with brokers by opening a regional office in Chelmsford to service the East Anglia area.
People Moves: 11 - 22 April 2022
Keep up-to-date with the top personnel stories on Insurance Age.
Mason Owen Financial Services completes MBO from parent company
Commercial property agency Mason Owen & Partners has sold its majority shareholding in broking arm Mason Owen Financial Services and its subsidiary companies to the current management team led by managing director Andrew Gibbons.
Flood Re launches resilience initiative
The government-backed Flood Re schemes has developed the Build Back Better scheme to help make homes more resilient against flooding.
Scotland a key part of Partners& strategic vision
The organisation is planning to grow its presence in the region following the deal with Macdonald Group.
AbbeyAutoline buys BMG Insurance
Portadown-based BMG Insurance is to be acquired by AbbeyAutoline for an undisclosed sum.
FCA staff vote to strike
Unite the union representing staff at the Financial Conduct Authority (FCA), announced yesterday (12 April) that staff at the regulator had voted in favour of industrial action.
Bruce Stevenson opens fifth branch
The Scotland-based business has opened an office in Perth as it eyes expansion in the region.
JMG enters Scottish market with joint ownership deal
The JM Glendinning-parent has moved into the Scottish market and will support a management buyout deal at Greenwood Moreland which is headquartered in Hamilton.
UK Broker Awards: Entries now open
The UK Broker Awards, which takes place on 16 September at The Brewery in London, is open for entries for 2022.
Clive Galbraith steps down as chair of Green Insurance
Clive Galbraith has stepped down as chairman of Green Insurance Group but will be staying on with the broker on a part-time basis, Insurance Age can reveal.
Needham Insurance buys Sheffield broker
Needham Insurance Services has bought Baldersons Insurance for an undisclosed sum.