News
TL Dallas reveals growth plans
Broker's MD Polly Staveley and commercial MD Tim Mortimer discuss modernising the business, acquiring specialist teams and how the firm has been impacted by the coronavirus.
Ardonagh buys Broker Network-owner Bravo Group
The consolidator announces $500m notes offering and flags £1.6bn equity valuation as it brings the network, along with Ethos Broking and Compass, back into the fold.
UK General returns to Primary Group
The organisation sold UK General to JC Flowers back in 2017 and the fresh deal sees management changes.
NMU unveils new cargo product
Insurer says new offering provides enhanced levels of cover and a simplified claims process for the lower value losses.
FCA announces permanent CEO
Nikhil Rathi joins from the London Stock Exchange and will be paid £455,000 a year.
Park Insurance achieves Chartered status
The Bristol-based broker is the latest business to join the Chartered Insurance Institute scheme.
Ex RSA Ireland CFO O'Connor fined €70,000 and banned for 8 years
Action follows the provider's failure to maintain sufficient technical reserves between February 2010 and September 2013.
Castle Insurance Services set to make more deals
MD Paul Younger chats about the broker's acquisition strategy and details how the business has been impacted by Covid-19.
UK Broker Awards: Shortlist revealed
The event received more entries than ever before as Insurance Age celebrates the best in broking.
Jensten Group-funder makes Ireland move
Livingbridge has taken a stake in independent personal lines broker Chill Insurance.
Broker Week: Getting on with it
As part of Applied Broker Week, Biba's Graeme Trudgill stands up for the brokers who have worked through the Covid-19 crisis with aplomb and insight.
Markel International ditches lines to focus on entertainment
The specialist insurer will no longer write personal accident or contingency insurance, partly due to the impact of Covid-19, with redundancies expected.
Covid-19: PRA warns of potential "significant impact" on insurers from BI dispute
But the regulator also describes the sector as resilient and robust in a letter to general insurance CEOs.
Broker Week: How can brokers respond to clients’ digital demands?
As part of Applied Broker Week, Eileen McFadden of Arnold Clark Insurance Services, outlines the benefits of investing in new technology
Lloyd's and RSA apologise for slave trade links
Lloyd's pledges support for BAME communities as it condemns "appalling and shameful" part of its history.
GRP to close "a number of deals" within weeks
Group CEO Mike Bruce on the Searchlight deal, expansion plans and how the firm's M&A activity is "gaining momentum".
PIB culls top brands in its commercial specialty businesses
Move sees brokers including Cooke & Mason, DE Ford, Franklands, Lorica, Wilby and Cobra Insurance Brokers unite under the PIB Insurance Brokers brand.
Broker Week: Working through Covid-19 – part two
Communication, insurer response and stress testing are put under the microscope by Edward Murray, in association with Applied Systems.
BGL CEO Donaldson exits after 20 years
Mark Bailie, currently a government coronavirus NHS Test and Trace business leader, will succeed Matthew Donaldson from 1 September.
Axa XL boosts UK broker management team
Michael Clarke joins the business from Willis Towers Watson and Robyn Warke moves across from Generali.
CII reports income rise for 2019
Organisation has also seen an increase in membership volumes.
RSA's single commercial vehicle exit sparks mixed reactions
RSA criticised for "abandoning the broker sector" after provider says single vehicle business is "no longer broker territory" as brokers refuse to give up on the space.
Insurers and FCA butt heads on pandemic spread analysis in BI case
Insurers’ counsel have decried the Financial Conduct Authority’s intention to use the “controversial” Cambridge analysis of Covid-19 spread in its business interruption test case, as representatives warned another trial might be needed to iron out…
BI Test Case: Hiscox argues business hardship likely even without lockdown
Hiscox aims to compare Covid-19 economic hit to Sweden and ‘draconian’ UK in Financial Conduct Authority BI test case.