News
Stackhouse Poland buys Caprica Healthcare
Purchase more than doubles firm's health insurance broking activities.
Arc Legal launches household cyber cover product
The personal support policy can be provided via brokers as part of a home insurance policy or as part of legal expenses cover.
Travelers Europe unveils enhanced cyber package
New offering aimed at technology businesses in the UK and Ireland.
#Insagepeople: 02 - 05 January 2018
Keep up to date with all the latest people moves.
SSP reveals outage cost
Results for the year ended 31 March 2017 show a profit dip and detail how much the highest paid director received.
Markerstudy keeps brand after insurance company sales – Gary Humphreys interview
Group to be an MGA and is looking to expand broking arm.
InsurTech Futures: Urban Jungle completes £1m investment round
Start-up MGA provides home insurance for young renters.
Lloyd Bolam joins Brokerbility
The Macclesfield broker joined the group on 1 January.
Abbey returns to profit
The accounts for 2017 reveal turnover of £20.4m and profit after tax of £1.6m reversing a loss in 2016.
Markerstudy sold to Qatar Re
Deal expected to complete in first half of 2018.
J Bennett & Son buys Mathews Comfort & Co
The sale was for an undisclosed sum.
Markerstudy in takeover discussions with Qatar Re – report
Insurance Insider reveals possible deal for Gibraltar-based insurer.
Shuker hails Endsleigh deal as return to independence
The A-Plan CEO said the brokers complement each other and once the deal goes through A-Plan will have over £500m in GWP.
Tempcover targeting growth in “perfect storm” of increasing demand
Broker to spend on advertising, staff, IT and potentially acquisitions after private equity-backed MBO deal.
Higos buys GMM Commercial
Fourth deal for the broker since it was bought by GRP.
Paul Chainey aiming to double Miles Smith turnover after private equity deal
CEO confident of hitting five-year target.
Allianz and LV deal approved
Announcement made on 29 December 2017.
A-Plan buys Endsleigh
The deal was for an undisclosed sum and Endsleigh will continue to operate as a separate entity.
Tempcover completes £13.3m MBO
Deal backed by private equity firm Connection Capital.
Review of the year: December 2017
Bluefin being fined £4m by the FCA dominated the interest of Insurance Age’s readers in the final month of there year. There were two stories in the top five but there was also room for a new MGA, a fraud court case and another look at Amazon’s insurance…
Private equity buys majority stake in Miles Smith as MS Amlin exits
Broker has over 220 staff and annual GWP of £170m.
Predictions for 2018: Allianz's Sarah Mallaby
Mallaby predicts that brokers will rise to the challenge in 2018.
Profits down one third at UK General for 2016/17
Results show net written premiums ticking up by 3.6%.
Key moments in 2017: Axa's David Williams
Axa's technical director discusses the biggest events to shake the market in 2017, including the discount rate change and the threat of InsurTech.