News
Covéa UK appoints Domart as CEO five months after naming Laurent in role
Philippe Domart has been appointed CEO of Covéa Insurance UK to take up the role on 1 April, in an abrupt about turn at the insurer.
Motor claims hit £11.9bn in 2025
Motor insurers paid out £11.9bn in claims last year, according to data from the Association of British Insurers.
Markel-backed niche MGA launches apprenticeship scheme
Purbeck Insurance Services has launched a new apprenticeship scheme coinciding with National Apprenticeship Week.
Exam and qualifications numbers up at CII
The Chartered Insurance Institute has reported an increase in exam sittings and qualifications completed for both general insurance and financial services in 2025.
SRG hires ex-Marsh head to lead Australian market entry
Specialist Risk Group has announced its latest geographical diversification with the launch of an Australian business.
Cyber risk analytics firm names new CEO
CyberCube has promoted Chris Methven to CEO succeeding Pascal Millaire who has taken on the role of senior advisor.
Further increase in FCA insurance S166s
The Financial Conduct Authority hit the insurance sector with three skilled person reports in the third quarter, taking the running total for the financial year to six.
imarket adds another MGA to portfolio
Industry-owned imarket has pushed further into the managing general agent sector with Chapman and Stacey Underwriting launching a liability product onto Open GI’s platform via its service.
Ecclesiastical uncovers £3m of fraudulent claims, down on 2024
Ecclesiastical Insurance has reported it uncovered £3m in fraudulent claims during 2025, down from the more than £4m detected in 2024.
AIG completes deal for Convex minority stake
AIG has completed the acquisitions of strategic minority ownership stakes in specialty insurer and reinsurer Convex Group and global asset manager Onex Corporation.
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.