News
Go Compare owner sold for almost £600m
GoCo has been bought four years after its Esure de-merger.
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Private equity picks up the AA for £219m
An offer from Towerbrook and Warburg Pincus has been recommended to shareholders.
Blog: Fair pricing and rebuilding trust
Why a robust complaints process from brokers and insurers could help restore trust in the home and motor markets following the dual pricing review.
Aston Lark hits £500m GWP
The business struck a number of deals, with more in the pipeline, which have taken the broker to half a billion of gross written premium.
JM Glendinning hits acquisition trail after MBO
Group CEO Nick Houghton discusses how the deal with Synova Capital came about and reveals ambition to grow JMG's GWP from £45m to £200m in the next five years.
Howden snaps up cyber specialist
The broker has bought Lloyd’s coverholder Safeonline.
ATE provider opens to broker market
Harbour Underwriting launches After the Event (ATE) commercial dispute insurance to the broker space.
PIB expands into Poland with fresh deal
The business says it plans further growth in its European operations as it buys Polish broker WBD.
JM Glendinning management completes MBO backed by Synova Capital
PE firm to support organic growth and acquisition plans as JMG aims to grow four-fold in five years, with former Stackhouse Poland boss Tim Johnson joining board as Jeremy Cary becomes an adviser.
Arch develops terrorism policy
The cover has been developed for the UK regional market.
End of an era as Jon Newall leaves Lockyers
Newall exits after 25 years with the broker which was sold to Ethos in 2018.
Society of Insurance Broking warns of a "perfect storm" of challenges
The professional body says communication will be key to help brokers through the pandemic and hardening market.
No firm deadline for Supreme Court BI judgment
Judges pledge to work quickly but there is no certainty on when policyholders and insurers will get a decision on the business interruption appeal as hearing concludes.
HAG says Hiscox policies are "complex and unworkable" in Supreme Court appeal
The action group put forward its arguments on the last day of the Supreme Court BI test case hearing.
CMA fines ComparetheMarket £17.9m
The watchdog says the comparison website breached competition law by using clauses prohibiting home insurers to offer lower prices on other aggregator sites, resulting in higher premiums.
Ardonagh reveals 14.4% growth in adjusted Ebitda
The business says it has a "robust forward-looking pipeline" after making five deals in Q3 2020.
Daulby Read reveals deal-making plans
MD Peter Goddard tells Insurance Age about the firm's mission to keep broking "at the heart of the community" and discusses its recent purchase of Townsends Insurance Brokers.
FCA counsel argues "insurers took the plunge" on disease clause
The Superme Court hearing of the business interruption test case continued for the third day as lawyers compared coronavirus to the Great Storm of 1987.
Catlin’s Convex adds $1bn to coffers
The move means the insurer has raised $2.7bn in the past 18 months.
Blog: Change the front page
Biba’s Steve White considers the impact of recent headlines that don’t reflect the real truth about insurance.
Insurer QC accuses FCA of "hair splitting wordsmithery” as Supreme Court showdown continues
Insurers and the regulator set out their starkly differing views on the use of trends clauses on day two of the ongoing business interruption test case hearing at the Supreme Court.
Hastings sale to Finnish/South African consortium completed
Takeover, which valued the business at £1.66bn, sees Hastings delist from the London Stock Exchange.
RSA suitors agree cash offer
RSA board says it will recommend the £7.2bn deal to shareholders as Intact and Tryg take next step to buy and split the insurer.