News
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.
Patons Insurance expands in motor trade with new team
Patons Insurance has created a dedicated team to focus on motor trade as part of its ongoing growth strategy.
Broker partners with GB Snowsport ahead of Winter Olympics
McGill and Partners has partnered with GB Snowsport, the national governing body for elite British snowsports ahead of the Winter Olympic and Paralympic games in February and March 2026.
Ecclesiastical boosts UK and Ireland GWP in half-year with ‘strong’ underwriting profit
Ecclesiastical grew gross written premiums in the UK and Ireland by 6.9% in the first half of the year to £227.2m, as it kept the combined operating ratio below 90%.
DCL launches next phase of broker portal
Direct Commercial has enhanced its broker portal, claiming the update gives brokers faster control, increased efficiency, sharper insight and less admin.
MGA rolls out product to tackle rise in pothole claims
Incorporated Insurance Group (IIGL), part of Avid Insurance, the specialist managing general agent, has secured new capacity as it targets groundworkers.
Zurich pushes regional campaign for mid-market offering
Zurich has launched a regional campaign highlighting the insurers mid-market offering with 140 billboards on show in areas where key brokers operate, along with 50 billboards in London.
FCA claims it is already overseeing changes following Which? super-complaint
The Financial Conduct Authority has highlighted it has already identified issues that need to be fixed in the home and travel insurance market and is focused on making sure the changes required are made following Which? filing a super-complaint.
TMK launches enhanced cyber risk product suite
Tokio Marine Kiln has enhanced its Cyber Ctrl product suite with new products and wordings, including Professional Ctrl for technology, media and errors and omissions.
BP Marsh invests in PI broker and MGA start-up
BP Marsh & Partners has invested £2m in Salus Capital Partners, taking a 35% stake in the start-up insurance group specialising in professional indemnity.
Fairer Finance urges FCA to go ‘back to the drawing board’ after Which? super-complaint
Independent consumer group Fairer Finance has welcome Which?’s super-complaint issued to the Financial Conduct Authority today targeting the ‘broken’ home and travel insurance markets.
Which? hits FCA with super-complaint over ‘broken’ home and travel insurance markets
Which? has submitted a super-complaint to Financial Conduct Authority over market failings in home and travel insurance.
Peach grows with Roots in capacity deal
Niche commercial insurer Peach has partnered with Roots Contractor Insurance to provide the capacity for its range of contractor business insurance.
Allianz uncovers £93m in fraud in first half of 2025
Allianz UK detected over 15,800 insurance frauds across personal, commercial and specialty lines worth £92.6m in the first six months of 2025.
MGA launches product to address ‘narrowing capacity options’ in niche sector
MGA Addept Insurance Services has launched Waypoint, a specialist legal protection insurance and assistance service for boat owners.
Ardonagh Europe enters French market with Groupe Leader Insurance buy
Ardonagh Europe has signed up to buy Groupe Leader Insurance entering the French market.
MGAA opens for applications to Next Gen Mentoring Scheme
The Managing General Agents’ Association has opened for registrations for the third cohort of its Next Gen Mentoring Scheme.
Serial ghost broker sentenced after ignoring repeated warnings from IFED
A man has been sentenced for his role as a ghost broker, despite numerous warnings from the City of London Police’s Insurance Fraud Enforcement Department.
‘Short-changed’ motorists getting £200m claims payments boost – FCA
The Financial Conduct Authority has estimated 270,000 motorists will get £200m in compensation for historic insurance claims that were underpaid.
TL Dallas appoints new HNW head from NFU Mutual
TL Dallas has appointed Caroline Pullich as group head of private clients, with the aim of strengthening its delivery of bespoke insurance and wealth protection services to high-net-worth individuals and families.