News
Travelers-owned broker posts double-digit revenue and profit growth in 2025
Simply Business grew post-tax profit by 27% and revenue by 10% in 2025.
PremFina adds £400m with Lloyds bank debt deal
PremFina has secured a £400m senior debt facility provided by UK bank Lloyds, with the insurance premium finance provider confirming it would support the growth of its loan book.
Open GI reveals new landlord product from Arkel on platform
Open GI has added managing general agent Arkel’s new landlord product to its SME platform, in the latest of a string of enhancements for commercial brokers.
Defaqto sees ‘first signs’ of a turn in home insurance pricing
Home insurance premium falls slowed markedly during the second quarter of 2026, with prices actually rising in June, according to the latest Defaqto Market Pricing data.
Claims heads the list as Aviva delves into broker demands
Claims service topped the list of broker priorities in the latest Broker Barometer from Aviva looking at the support the sector values most from insurers.
Allianz confirms jobs at risk as it reshuffles management structure
Allianz Commercial UK is set to restructure its management layers which will lead to staff cuts.
Member funds continue to track up at Biba in 2025
Member funds at the British Insurance Brokers’ Association topped £7m in 2025, as the trade body maintained the growth seen in recent years.
Wakam drives into roadside assistance market with PIB partnership
Wakam UK has entered the roadside assistance market through a three-year partnership with Rescuemycar.com, the breakdown cover specialist of the PIB Group.
Flock rolls out agentic AI assistance for fleet clients and brokers
Flock has launched an agentic AI offering to help brokers manage reviews and renewals of fleet customers insured with the MGA.
NBS swings for golf club insurance
Managing general agent NBS Underwriting has launched a specialist golf club insurance product to provide brokers with “access to tailored cover”.
Jensten buys Scottish broker Kelvin Smith
Jensten Group has bought Scottish broker Kelvin Smith Insurance, deepening its presence in the country after two deals in 2025.
Optio completes Gardian Marine buy
Managing general agent Optio has completed the purchase of fellow MGA Gardian Marine after securing all the necessary regulatory approvals.
FCA headcount rises to 5,510
The Financial Conduct Authority grew group headcount from 5,379 to 5,510 its report and accounts for the year ended 31 March 2026 has revealed.
Lockton renews PI agreement with Biba
The British Insurance Brokers’ Association has renewed its professional indemnity accredited broker agreement with Lockton for a further three years.
People Moves: 6 – 10 July 2026
Stay in the loop with the latest insurance personnel moves.
McGill and Partners crowned Broker of the Year at 2026 British Insurance Awards
McGill and Partners and Native were the big broker winners at the British Insurance Awards last night.
Aventum CEO calls out “questionable” rates
David Bearman, CEO of Aventum Group, has warned managing general agents that capacity providers may “wake up” after “questionable” rating action in certain lines.
PIB takes CFO from Argenta
PIB Group has hired Alastair Hay as chief financial officer, effective immediately.
Specialist MGA snapped up by alternative investment manager
Arrow Global Insurance has acquired managing general agent Fusion Specialty Group.
Travel insurance platform Aneevo boosts cancellation cover service for brokers
Aneevo has launched Boost: Cancellation, enabling brokers to arrange additional cover through its platform alongside eligible single trip travel insurance policies.
MGA veteran Bennett teams up with Mission to launch Amulet Specialty
MGA incubator Mission has launched its 11th UK MGA with Amulet Specialty, which aims to offer a broad range of property cover, as well as casualty, liability and business interruption.
Aviva and Axis partner on renewable energy Lloyd’s consortium
Aviva and specialty insurer Axis have together launched a Lloyd’s consortium to support new renewable energy projects, designed to simplify placement for brokers and clients.
Axa doubles properties count for landlord insurance
Axa Insurance UK has doubled the number of properties accepted on its digital landlord product, raising the limit from 10 to 20.
Allianz promises brokers more saying ‘yes’ with digital SME refresh
Allianz UK has made a “step change” in how brokers can trade with it, broadening risk appetite, removing unnecessary referral points and strengthening underwriting support to make it faster and easier to place SME business digitally, according to Eibhlin…