News
Worries raised about broker knowledge of construction
Research from HSB Engineering Insurance shows majority of brokers are in the dark when it comes to developments in technology in the construction sector.
Boris Johnson’s Biba pay revealed
Tory leadership hopeful was a keynote speaker at the 2019 Biba Conference in May.
Aviva to cut 1,800 jobs over three years
Provider confirms plans to separate its life and general insurance businesses in the UK as part of wider restructure to reduce costs.
GRP-owned County Group buys Meadons
County says more deals are to come as it nears £100m of GWP.
Four TL Dallas staff move to Blackford as part of its customer book purchase
Blackford founder and MD Tom Aldridge reveals the details of the deal and discusses the newly launched broker's acquisition strategy.
Lamp declared in default following insolvency
The FSCS is still in the process of identifying how many UK policyholders are affected by the failure of Lamp as Now4Cover seeks replacement provider.
Mental health counselling to feature in new Axa XL employer liability product
Policy includes traditional employer’s liability cover as well as a wellness, health and injury rehabilitation service.
Open GI to offer SME premium finance
The software house has teamed up with BNP Paribas to expand its personal and SME finance proposition.
Brokers cautiously optimistic about Allianz's L&G GI buy
Experts say deal is "good fit", despite the possibility of it limiting choice in the market.
PIB buys Cobra
Deal sees premiums placed by PIB grow to £900m as Cobra's Steve Burrows steps down from CEO role but remains with the company as a consultant to "provide continuity".
Government launches IPT review
HMRC calls for evidence from the insurance sector, admitting the current IPT model can lead to “unfair tax outcomes in the insurance industry”.
Allianz unveils risk management website
The offering aims to keep brokers and their clients up-to-date with the changing risk landscape.
Glasgow’s Blackford buys customer book worth £3m from TL Dallas Edinburgh
Broker opens a new office in Fountainbridge, Edinburgh, to accommodate its expansion, led by former Central-man, Tom Aldridge.
Internal audit good practice guide launched for brokers
The Society of Insurance Broking has developed the guide which outlines regulatory rules.
Reid French exits CEO role at Applied Systems
Taylor Rhodes will be the software house’s new chief executive.
Gallagher completes acquisition of JLT’s aerospace operations
Purchase will mean JLT's 250-person global aerospace team will be transferred to Gallagher.
Tasker Insurance to drop Hobbs brand in future
Firm completes acquisition to work on its expertise in specialty markets.
Lamp enters liquidation following Supreme Court decision
The Official Receiver has appointed Grant Thornton's Gibraltar office to manage the liquidation.
Tasker completes second deal of 2019
The business bought Hobbs Broking, a Leicestershire-based firm, specialises in the life sciences and technology sectors.
Quizzical questions: 31 May 2019
Test your knowledge of the week's news with our topical quiz.
Brokers to benefit from L&G deal, says Allianz's Dye
The UK CEO says brokers will remain Allianz's biggest distribution channel after the deal has been completed, as it also buys the remaining stake of LV with the intention of combining the two entities.
Allianz to buy remaining stake of LVGI for £365m
The insurer will fully own the LVGI business and has spent approximately £1.08bn on it since 2017.
Lloyd's hit with further sexism claims
The market is currently in the process of a cultural overhaul but still finding itself under attack.
Allianz UK buys L&G's GI division for £242m
Provider to combine the business with LV following the completion of the deal.