News
Gauntlet opens southern hub
A former Wrightsure associate director has joined the Gauntlet team to head up an Essex office focusing on bus and coach insurance.
Beazley launches cyber and data breach response portal in UK
It adds to its cyber proposition and is aimed at the broker channel.
Call for evidence on discount rate setting welcomed
The Lord Chancellor has asked for experts to contribute to a review of how the Ogden rate is set with a final decision predicted by May 2019 as the industry hopes it may settle around 1%.
Review of the year: February 2018
The shortest month of the year kicked off with brokers complaining about SSP, early reports of Allianz expressing interest in buying XL Group, InsurTech start-ups and GDPR.
Quizzical questions: 07 December 2018
Test your knowledge of the week's news with our topical quiz.
Brightside targeting £250m GWP within five years
Broker looking to digital for organic growth but is also ready to buy.
Oak enhances household product to include cyber
The policy now covers losses from fraud, telephone hacking and ransom.
Gallagher buys Pavey Group
The deal follows Michael Rea’s promise that Gallagher would have another acquisition finalised before the end of 2018.
Fusion sports team moves into Geo Specialty after Ardonagh sale
UK construction portfolio also ring-fenced from deal.
Review of the year: January 2018
2018 started off with a bang with FCA fines and some big ticket M&A involving Markerstudy and A-Plan.
Professional indemnity rates set to harden
Less capacity to drive up rates as Loyd's syndicates cut back or pull out of PI.
All litigation over at Brightside
Broker had been involved in three legal cases.
Wiser Academy launches heavily subsidised training programme for brokers
New Kick-Start offering comes with 90% government funding.
New whitepaper advises on how to future proof your scheme business
Insurance Age and Axa release the third in a series of whitepapers to help brokers and MGAs launch and manage schemes and delegated authorities.
Aviva aims to disrupt the market with new subscription-style product
Provider to tackle dual pricing with new home and motor offering.
Statutory pre-tax loss of £20m for GRP
However Mike Bruce points to 4% organic growth and suggests the business is on track to buy “double digit” businesses, including MGAs, in 2019.
SEIB buys Greenwood Moreland Insurance Brokers' equine book
Book was sold to build on existing foundations and to deliver a higher level of expertise.
Finch Group buys Southampton-based Specialist Insurance Agency
This is the broker’s seventh purchase since it became Broker Network’s first “regional powerhouse” in October 2016.
UK subsidence claims jump to £64m in Q3 2018
July, August and September saw highest level of subsidence claims since the record-breaking heatwaves of 2006 and 2003.
FCA updates approach to authorisation
Feedback statement follows on from consultation that closed in March.
Video: Scheme Smart - How To Future-Proof Your Scheme
The third episode of Insurance Age’s documentary series with Axa, Scheme Smart, focuses on what steps can be taken to future-proof schemes and delegated authorities and what sectors brokers can look to for future growth.
InsurTech Futures: Lloyd’s Lab starts search for second tech start-up cohort
First global talent search drew in almost 220 applications from 36 different countries.
Interview: Starting up on your own
James Noble, managing director of My First UK, tells us about the challenges and rewards of creating a new broking business.
Biba renews holiday travel scheme with Syndicate DTW1991
Trade body extends relationship for a further three years.