News
People Moves: 29 September – 3 October 2025
Keep up to date with the latest personnel moves in insurance.
Dual seals five-year capacity deal led by Zurich
Howden-owned managing general agent Dual UK has signed a five-year capacity deal led by Zurich, along with Liberty and other A-rated capacity to support its new regional commercial combined product.
Ex-Tempcover team launch new short-term insurance broker Covertime
A team of senior ex-Tempcover employees has formally re-entered the UK insurance market with Covertime, a new start-up broker focused on short-term cover.
Brunel launches specialist tech broker
Brunel Group has launched BrunelTech, a specialist broker for the technology industry.
MGA Ripe names second CUO in less than a year
UK Digital MGA Ripe has appointed Sean Carney as its new chief underwriting officer.
Bexhill owner tops £120m in lending
Orchard Funding Group, owner of premium finance lender Bexhill UK, has posted a record lending total of £121.8m for the year ended 31 July 2025, with profit-after tax jumping to over £3m.
SSP enters operating profitability following sales growth and expense reduction
SSP has reported £5.05m in operating profit for the year ending 31 December 2024 putting it into the black from a £861,000 loss the year prior.
New research claims 60% of HNW customers have suffered escape of water
Research from Ecclesiastical has found 60% of high net worth property owners have experienced an escape of water incident in the last five years.
MGA completes MBO from broker parent
Blackthorn has sold its MGA subsidiary Samphire Risk via a CEO-led buyout backed by Kantara Capital.
New MD takes the reins as loss adjusting firm completes MBO
Independent loss adjusting business Williams Pitt has undergone a management buy-out.
Cullum-backed investment vehicle supports MGA’s Series A funding round
Minority Broker Partnerships, an investment vehicle backed by Towergate founder and former Global Risk Partners [now Brown & Brown Europe] chairman Peter Cullum, has backed drone specialist MGA Moonrock Insurance for an undisclosed sum.
SMEs to step up cyber defences as over half experience cyber attack in past year
Hiscox has reported 94% of SMEs surveyed are stepping up their cyber defences and are planning to boost their investment in cyber security over the next 12 months, as 59% of respondents said they experienced a cyber attack in the past year.
JMG Group buys three brokers
JMG Group has made its latest triple swoop buying brokers in Solihull, Kendal and Edinburgh.
Gallagher leader Langley elected Lord Mayor of London
Dame Susan Langley, non-executive chair of Gallagher UK, has been elected as the 697th Lord Mayor of London, and will formally take office on 7 November.
McMillan steps down as Ageas completes Esure takeover
Ageas has completed its purchase of Esure from private equity house Bain Capital first announced in April this year.
Motor broker The Green Insurer closes
The Green Insurer has closed to new and renewing customers after launching in December 2023 claiming to be the UK’s first truly green car insurance broker.
HDI UK & Ireland appoints director of liability joining from Axa XL
HDI UK & Ireland has hired Tom Potter as director of liability.
Howden opens West Sussex office
Howden has opened an office in Burgess Hill, West Sussex, following the appointment of Joe Clarke as branch director.
Taskforce to look at rising costs of motorsport that pose ‘serious challenge’ to future
The Fédération Internationale de l’Automobile, the global governing body for motor sport and the federation for mobility organisations worldwide, has launched a new taskforce to provide clarity on motor sport insurance and the impact of its rising costs.
Research finds only 7% of UK properties correctly insured
RebuildCostASSESSMENT.com has reported only 7% of UK properties are insured accurately with 70% of properties underinsured and 23% overinsured.
Niche MGA capacity provider acquired by Korean insurer
Korean insurer DB is set to acquire 100% of the outstanding shares of The Fortegra Group, the specialty insurer, for approximately $1.65bn (£1.23bn) from Tiptree and Warburg Pincus.
People Moves: 22 – 26 September 2025
Follow the latest personnel moves in insurance.
Xavier Laurent to succeed Georges De Macedo as Covéa boss
Xavier Laurent is to succeed Georges De Macedo as UK CEO of Covéa after a three-month handover, the insurer has confirmed.
QBE promotes Wilkinson to succeed Bickers in motor trade
QBE has promoted Hannah Wilkinson to underwriting manager of motor trade in the UK, effective 1 October.