News
Cuvva's pay-monthly product aims to cut out brokers and aggregators
InsurTech Futures: Start-up has also raised £15m, with Lloyd's of London chairman Bruce Carnegie-Brown and JLT CEO Dominic Burke among the backers.
Biba sets up mental health first aid course
The body is subsidising mental health first aid training for members and has four regional sessions set up for 2020.
A-Plan spends £13m on book acquisitions as revenue breaks £100m
Financial results filed for 2019 show the impact of the company’s acquisitive streak.
GRP-owned CCIB buys agricultural specialist
Deal for Barpax Associates is the broker's second since becoming part of GRP in early 2018.
Verlingue set to make deals in the UK
Move follows the merger of ICB Group and Finch Insurance Brokers.
ICB Group and Finch merge and rebrand to Verlingue
The combined business will continue to operate out of its existing offices and will be led by current chief executive officers, Mike Latham and Neil Campling.
Blog: Data science and digital partnerships
By Sharon Bishop, of Close Brothers Premium Finance, on building personal lines broking success.
Erskine Murray launches risk management service
Operation will be headed up by new recruit David Plowman.
The Insurance Age Podcast: 29 November 2019
Siân Barton and Ida Axling discuss this week's most popular news stories, including a restructure at MS Amlin and redundancies at RSA.
Lloyd’s closes doors amid London Bridge incident
Announcement from the market follows BBC reports of gunfire in the London Bridge area.
Fitch Ratings predicts fall in insurer profitability in 2020
Fitch warns that the FCA's potential ban on dual pricing can lead to "significant strain" as it declares a negative outlook for UK home and motor insurers.
People Moves Round-up: 25-29 November 2019
Keep up to date with the latest market moves.
Brokers must improve client service in cyber, says CFC
Graeme Newman, chief innovation officer at CFC, said cyber risks are "still the same old risk, just presented in a new way".
Quizzical questions: 29 November 2019
Test your knowledge of the week's news with our topical quiz.
Marsh Commercial to cut 14 branches
Branches in the south, north, Wales and Scotland are affected by the move.
Aviva Renewable Energy launches exclusively through UK brokers
Offering is targeting renewable energy companies that operate domestically and abroad.
Markerstudy confirms loan deal with QIC
The organisation was due to pay back a £240m+ loan at the start of December but has reached an agreement to restructure it.
JM Glendinning targets £50m GWP in the next two years
Business has just opened a new office in Blackburn, headed by Towergate recruit Matthew Stuttard.
Markerstudy promises to meet deadline as multi-million loan payment looms
Company must pay more than £108.6m to Qatar Re on 1 December and owes more than £240m in total.
H.W Kaufman seeks to grow in UK MGA space
Business will move forward in the UK under the Burns & Wilcox brand following the Barbican Protect buy.
D&O rate increases hit 77.3%, reports Marsh
Company warned that there is no end in sight to the recent rate hikes in the sector.
Gallagher agrees 100% Capsicum Re ownership deal
The reinsurance broker was founded in 2013 by Grahame Chilton and Rupert Swallow.
MS Amlin restructures and reveals leadership changes
Move follows on from its decision to pull out of nine business lines and sees CEO Beale and chief underwriter Illingworth step down from their current roles.
JM Glendinning takes Stuttard from Towergate to launch north-west base
Stuttard will be based in Blackburn, Lancashire and, in addition to his Towergate role, also worked as regional manager at Swinton.