News
Cyber claims payouts up 230% – ABI
Cyber claims payouts have increased 230% year-on-year to £197m in 2024, according to the Association of British Insurers.
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MyFirst adds Ageas to panel
MyFirst has added Ageas UK to its panel, as the insurer claimed it reinforces its commitment to the UK broker market.
DR&P reveals 2024 deal costs and more buys in 2025 after BMS sale
DR&P Group has revealed a £60.91m bill for its 2024 purchases, a year it was snapped up by BMS.
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Aviva demands crackdown as ghost broking surges 22%
Aviva has called for tougher enforcement, stronger penalties and better education to crackdown on ghost broking as it detected a 22% surge in cases since 2023.
Bournemouth-based broker launches
Gary Boome has launched Bournemouth-based broker Renata Group, offering commercial and personal lines insurance products as an appointed representative of Momentum Broker Solutions.
Geo-owned MGA launches new non-negligent liability insurance policy
Renovation Underwriting has launched a specialist cover that financially protects property owners undertaking renovation or construction projects, specifically in circumstances where damage could occur to neighbouring properties and no one can be proven…
UK growth accelerates at Hiscox
Hiscox has maintained “positive momentum” in the UK with written premiums up 8% in the first nine months of the year to £543.1m.
NSM adds Thomsett as ops director at Kingfisher and Kingsbridge
NSM UK has recruited Neil Thomsett from UKGI Group to be operations director for Kingfisher Insurance and Kingsbridge.
Brokers on the ‘frontline’ in tackling insurance fraud
Nearly one in five people (19%) believe it’s justifiable not to disclose the full truth on an insurance application – a figure that rises to 21% among those with motor insurance, research by Ageas UK has revealed.
Clear picks Premium Credit
Clear Group has chosen Premium Credit as its principal premium finance partner signing a multi-year contract.
Home insurance premium falls speed up
Average quoted prices for home insurance fell by 4.8% in the three months to September, according to research by Consumer Intelligence.
Specialist Leeds broker enters “next stage” with rebrand
C&C Insurance Brokers has launched C&C Employee Benefits as its rebranded health and wellbeing arm.
Specialty MGAs Nirvana and Pulse complete merger
Managing general agents Nirvana and Pulse have completed their merger after the deal was signed off by the Financial Conduct Authority.
One Call’s Chadburn joins main Biba board
The British Insurance Brokers’ Association has appointed Sarah Chadburn, director at One Call Insurance, as chair of its regional chairs’ advisory board.
Markerstudy adds former Allianz leader Price as director
Markerstudy has added ex-Allianz leader Victoria Price as capacity and partnerships director.
Top 100 broker acquires book from wound up non-standard insurance specialist
Manchester-based specialist motor insurance broker Principal Insurance has acquired the business of Peart Performance Marque Limited, which ceased trading having entered administration on 30 October 2025.
MGA Alps launches fleet GAP product
Managing general agent Alps has launched a fleet GAP product for brokers, designed to deliver “valuable” protection for organisations operating commercial fleets.
Brokers call on MGAs for more at renewal
Nine in 10 brokers believe insurers and managing general agents across the non-standard market could do more to support renewals and client retention, according to the latest survey by Prestige Underwriting.
FCA issues warning of Close Brothers clone
The Financial Conduct Authority has issued a warning of fraudsters trying to scam people as a clone of Close Brothers.
Ex-Bravo boss Scott Bennett moves to JMG
Scott Bennett, the former leader of Ardonagh-owned Bravo Networks, has joined JMG as group insurer director.
New MGA targets financial lines
Managing general underwriter Acies has launched its latest underwriting agency, Subscribe MGA focusing on financial lines.
Darling returns to premium finance with Keys move
Keys Premium Finance has appointed Bob Darling as non-executive director, marking his return to the sector having previously been a director at Close Brothers and managing director of Kaupthing Singer & Friedlander Premium Finance.