News
Cuvva expands into travel with new app-based product
InsurTech Futures: Broker says the policy was developed following a survey which showed that millennials would be encouraged to buy travel insurance if it was more accessible.
Ardonagh confirms the end of all Swinton retail branches
CEO David Ross reveals plans for Ardonagh to double in size in the next three to five years, as results for the first half of 2019 show growth in retail and broking segments.
Romero Group moves to Applied Epic
Software firm, Applied Systems says the broker management system should help Romero to standardise data and operations across six locations and 180 employees.
PIB u-turns on pledge to keep Albany Childcare brand
PIB will integrate childcare broker Albany Childcare into Morton Michel, despite promising at the time of purchase it would keep the brand.
Ardonagh losses rise to £44.5m in H1 2019
Broking giant also posts growing income as a result of the deal to buy Swinton.
Is the sector suffering an attack of the clones?
Insurance Age takes a look at the recent spate of cloned firms targeting the industry as experts urge brokers to be vigilant.
Bravo Group spent £53m on deals in 2018
The Broker Network owner, which also posted a loss for the year, made a number of large deals including Saffron, Compass, MCM and Lockyers.
Call Connection's administration extension confirmed
Administration period set to go on until 12 July 2020, as investigation into company director, Graeme Kalbraier continues.
Accredited Europe partners with two UK MGAs
Maltese provider is now working with Sophro MGA and has extended its agreement with First Underwriting.
GRP buys risk management firm H&S Click
Deal follows GRP's purchase of Lancashire-based broker 3XD in July.
Gauntlet expands into Wales with two new ARs
Move follows the launch of Gauntlet Enterprise's southern hub last year.
Fresh unveils first set of results since Vantage sale
Broker posts turnover of £27.4m and reveals plans to develop its First Van brand and telematics offerings.
Broker Expo: Insurance Age broker survey reveals consolidation concerns
Brokers attending the event have shared their thoughts on M&A in the market ahead of the Expo on 7 November.
Brightside hires new MD of broking as Russell Bence exits
Derek Henry, formerly of Ardonagh Group, will join the broker in September.
Avid agrees sale of majority stake to Beech Tree
The private equity move sees co-founder Gary Edmondson leave the managing general agent.
FSCS set to compensate Alpha Insurance latent defect insurance policyholders
The body has stepped in after the collapse of the deal with BCR Legal Group.
THB pledges support for Fleet UK
The move follows Zurich’s exit from the scheme.
Latest Ogden rate change will cost the industry over £160m
Insurers have revealed the impact from the change in the discount rate to -0.25%.
Zurich cuts scheme contract with Fleet UK
Fleet UK is part of THB Group and the agreement had been in place for 23 years.
Ardonagh shutters Swinton's advised commercial business
Advised clients will be transferred to Towergate and the move, which will lead to redundancies, is likely to result in branch closures.
Allianz appoints branch leaders
The provider has made two SME branch heads.
Quizzical Questions: 16 August 2019
Test your knowledge of the week's news with our topical quiz.
QBE expects Ogden hit of $62m
Provider reveals a flat GWP and an improved COR of 94.3% in its international division, which includes the UK, for the first half of 2019.
Home & Legacy launches claims portal
The facility is designed to be used by customers and brokers.