News
Lucida and Right Choice founder Mike Joseph to retire
Lucida Group founder and chief underwriting officer Mike Joseph will retire at the end of March, the business has confirmed.
Former Allianz PL boss George joins top 100 broker
Lucida Group has appointed former Allianz personal lines broker boss Nicola George as group chief underwriting officer.
FCA issues warnings over DLG and short-term cover broker clones
The Financial Conduct Authority has warned of two clones claiming to be Covertime and UK Insurance, part of the Direct Line Group.
Broker Expo Roadshows coming to London, Bristol and Manchester in 2026 – sign up now
Building of the success of the Broker Expo in Birmingham, Insurance Age is going on the road in 2026.
Swansea broker Compare buys £1.5m GWP book of clients
Swansea-based Compare Insurance has acquired the book of clients from Insure My Business, adding £1.5m gross written premiums to the business.
People Moves: 2 – 6 February 2026
Stay in the loop with the latest insurance personnel moves.
Howden confirms $703m bond raise
Howden has confirmed its latest fund raise to bolster funding available for future growth investments.
WTW reveals 6% organic growth in broking for 2025
WTW has reported 6% organic growth in its risk and broking division last year, down from 8% in 2024 and 10% in 2023.
Home insurance falls 12% in 2025
Average quoted prices for home insurance fell by 12.1% in 2025, according to the latest Consumer Intelligence Home Insurance Price Index.
Consilium launches blended cover for real estate
Wholesale broker Consilium has launched a professional indemnity, directors and officers, and crime policy for the real estate market.
Markel boss Mooney warns SMEs are 'consciously' choosing to underinsure
Experts have called on greater education around renewals and the true value of insurance as underinsurance has started to become a conscious decision for SMEs.
UK commercial softening accelerated to 7% in Q4
The commercial insurance market in the UK softened by 7% in the final quarter of last year, in its eighth drop in a row, according to research by Marsh.
Peach partners with Paragon on property
Niche commercial insurer Peach has partnered with insurtech managing general agent Paragon, to provide capacity for its non-standard household and residential let property products.
Collinson supports digital bank Chase’s UK insurance entry
Collinson Insurance has secured a new partnership with digital bank Chase.
Zurich reaches agreement with Beazley over potential £8bn takeover
Zurich and Beazley have reached an agreement in principle for a deal worth potentially £8bn, clearing the way for a formal bid.
Customer empowerment levels rising, says Aviva’s Storah
Aviva has seen an “increasing level of empowerment” among customers as the usage of artificial intelligence for research rises, according to Jason Storah, CEO of GI at the insurer.
Top 100 broker to go on recruitment drive after securing challenger bank loan
Top 100 insurance broker M&DH is looking to grow its headcount to a 100 after securing an investment loan from Allica Bank.
DCL restructures new business teams to align closer with brokers
Specialist motor MGA Direct Commercial (DCL) has restructured its operation to create two new business teams tailored to different broker propositions.
Aviva enhances Minifleet on Fast Trade to cover more vehicles
Aviva has enhanced its Minifleet proposition to allow brokers to place up to 20 vehicles at new business on its proprietary Fast Trade platform.
FCA calls on insurance companies to “engage early and often”
There are no new market wide interventions needed to drive positive progress, according to Sarah Pritchard, deputy CEO at the Financial Conduct Authority, as she called on the industry to engage.
No price cap or zero interest order plans from FCA on premium finance
The Financial Conduct Authority has confirmed it will not introduce a price cap or order that premium finance is provided without interest, as it published its final report.
Beazley shares hit new high as Zurich reveals 1.5% stake in Lloyd’s target
Shares in listed Lloyd’s insurer Beazley hit 1,173 pence yesterday [2 February] after prospective suitor Zurich revealed it had acquired a 1.47% stake in the business as of 30 January.
MGA Aspect becomes Insurance Museum ‘founder donor’
Managing general agent Aspect has signed up as the first Insurance Museum founder donor, committing to an annual donation over the next three years.
FCA imposes growth restrictions on Markerstudy
Markerstudy has confirmed a “cap” on growth after the Financial Times reported the Financial Conduct Authority has restricted its activities.