News
Clear confirms £35m deal spend for 2025
Clear spent £35m in its 2025 financial year, down substantially on bills over £100m in the prior two years, as it reined in the number of deals to five.
Job losses at Travelers UK and Ireland to hit almost 50 staff
Travelers has confirmed it is set to cut 6% of its UK and Ireland workforce.
One broker added to latest chartered cohort
The Chartered Insurance Institute has awarded corporate chartered status to 11 firms in the first half of 2026, including one general insurance broker.
Cila urges wildfire data submissions as risks surge
The Chartered Institute of Loss Adjusters has urged adjusters to submit large loss data to the relaunched RISCAuthority Large Loss Database, as wildfire risk hits “exceptional” levels.
Chubb extends PI to Acturis
Chubb has added its professional indemnity insurance product onto Acturis.
Sabre grows GWP, holds COR and profits steady at half-year
Motor insurer Sabre grew premiums by 15.7% in the first half of 2026, as profits and the combined operating ratio remained consistent.
Intact confirms Fraser Edmond appointment and regional restructure
Intact has confirmed the appointment of ex-Aviva leader and Broker Insights founder Fraser Edmond and the development of a new regional structure that will lead to up to 35 job losses.
Top 100 broker Premium Choice returned to growth in 2025
Motor specialist Premium Choice grew turnover and profit in 2025, returning to growth after slipping back the year before.
TBIG explains attraction behind taking 70% stake in Magnet
The Broker Investment Group has struck its fourth deal of the year snapping up a 70% stake in Newark-based Magnet Insurance.
ABI data reveals average subsidence claim hits record £20,000
New figures from the Association of British Insurers’ latest Property Insurance Tracker show home insurers paid out £72m for domestic subsidence claims during the second quarter of 2026, with the average subsidence claim reaching a record £20,000.
Aviva unveils new broker charity initiative
Aviva has launched a new fund-matching initiative, Double the Difference, to help brokers’ charity efforts.
UK and Ireland remains Axa’s softest commercial market in Europe
Axa has reported that the UK and Ireland is its softest market across Europe for commercial insurance and third for personal lines.
Research finds human error involved in the majority of cyber losses
More than 85% of incurred cyber losses in the first half of 2026 stemmed from attacks exploiting human error, claims data from Resilience has found.
Motor insurance payouts hit record £3.2bn in Q2
Insurers paid out a record £3.2bn to support motor insurance customers in Q2 2026, according to the latest data from the Association of British Insurers.
People Moves: 27 – 31 July 2026
Stay in the loop with the latest insurance personnel moves.
Former Gallagher PL and HNW lead joins Partners&
Partners& has hired Susan Young as managing partner for SME and schemes.
Bspoke promotes Tonge again, widening his remit
Bspoke Group has appointed Wayne Tonge as managing director of commercial and delegated authority, subject to regulatory approval.
Grassroots to top-flight sports and leisure claims offering launched
Claims services provider McLarens has launched a sports and leisure offering in the UK and Ireland.
Chinese car brands now account for 1.2% of UK PL motor policies
Only one in five consumers [21%] shopping for motor insurance switched provider in Q4 2025 – the lowest level recorded since Q1 2023, according to new research.
Amiga buys Lloyd’s PI syndicate’s renewals
Managing general agent Amiga Specialty has entered an exclusive agreement to acquire the professional indemnity renewal portfolio of Volante International.
Arch survey ranks geopolitical instability as top construction risk concern
Arch Insurance International has called for “closer collaboration between insurers, brokers and clients” as geopolitical instability topped its first construction risk survey, cited by 59% of respondents.
Acies launches new specialist marine MGA
Acies MGU has launched a new MGA specialising in ports and terminals.
Ex-NFP senior duo launch new MGA with Mission
MGA incubator Mission is to expand into Europe with the launch of Dublin-based Kyntra in the autumn.
Everywhen reports ‘bleak picture’ for SMEs
Everywhen has found 38% of SMEs believe economic uncertainty will have the biggest impact on firms over the next 12 months, according to a survey by the firm.