News
Aviva confirms London HQ office search
Provider commits to staying in the heart of the City.
MGA Lares launches unoccupied property product
The product is available to brokers via the Go-Insur digital insurance platform.
Broker Daniel Wilkinson found not guilty in sex assault case
Wilkinson was cleared of groping a woman at an industry awards dinner in 2017.
GRP to buy majority stake in Hamilton Fraser
Consolidator set to make third purchase of the year.
QBE International improves COR to 90.6%
The insurer’s international division, which includes the UK, posted a 15% increase in gross written premium for the full year 2021.
Jackson Lee highlights EV as "growing opportunity" for brokers with new launch
Jackson Lee Underwriting has launched electric vehicle early termination cover for companies participating in salary sacrifice schemes, as part of a wider push into the EV space in 2022.
Blog: How insurtech ecosystems are creating value for brokers
CDL CEO Nigel Phillips sets out why brokers should be getting in on the action.
Cheshire broker rebrands as PHP Insurance
Firm targeting more acquisitions having bought Bradshaw Bennett in 2019.
M&A activity not 'sustainable', says IMAS founder Laughton-Scott
Prices are forecast to remain "pretty firm" this year.
M&A deals hit £6bn in 2021
The latest annual review published by IMAS explains the "M&A frenzy" and warns of challenges ahead.
Allianz focused on growth in 2022, says Holmes
Insurer posted a 9.4% rise in operating profit to £318m for 2021 but recorded a 3.2% fall in gross written premium to £3.8bn.
Axa launches EV fleet product
The insurer cited an increase in electric vehicle sales and the ability to offer a greener fleet option to businesses among the reasons for the move.
Allianz posts improved operating profit for 2021 but GWP slips
The provider reported a 3.2% decrease in GWP to £3.8bn.
SJL set ups Bristol ‘hub’
It is the third office for the business, and founder Simon Lancaster says there are plans to open in other areas of the UK
Kingsbridge opens Birmingham office amid tripling business by 2024 target
MD Gary Williamson told Insurance Age that the broker has appointed Berkeley's Mark Hayward as branch director and revealed Kingsbridge's plan of action for the rest of the year.
ICO fines Tempcover £85,000
The regulator said the penalty was for a “serious contravention” of the Privacy and Electronic Communications Regulations.
Gallagher leader targeting organic growth
Newly appointed regional leader Elliot Miller confirmed the business is also open to making acquisitions.
Insurer payments for settled BI claims top £1bn
Providers have also made £307.9m in initial payments, according to the latest figures from the Financial Conduct Authority which is set to end its data releases next month.
Ex-Allianz boss Jon Dye joins Hiscox as UK CEO
Dye left Allianz last November and will start at Hiscox in September.
Biba unveils 2022 conference agenda
The trade association revealed that delegates will hear from the FCA's executive director Sheldon Mills about the regulator's agenda, and the event will also feature broadcaster Andrew Marr plus Olympians Laura and Jason Kenny.
Ebitda and turnover stable at Open GI in 2021
The software house achieved Ebitda of £26.7m for 2021 with revenue of £41.7m but post-tax profit fell to £12m.
Primo managing director Robin Foster-Taylor passes away
The managing director of Southend-based broker Primo, Robin Foster-Taylor has passed away.
Clear targets £300m GWP by end of 2022
Mike Edgeley, Clear Group CEO, revealed the broker's growth ambitions after snapping up Kent Insurance Brokers, its plans for Brokerbility after Ashwin Mistry stepped down, and reflected on the state of the market.
Partners& adds to employee benefits proposition with buy and partnership
Partners& has bought Direct Healthline and partnered with Advo Group to boost its wellbeing and benefits business.