News
Biba delivers fair value assessment framework
The British Insurance Brokers’ Association has launched a fair value assessment framework, after the Financial Conduct Authority took aim at brokers in its review of flat insurance costs.
Premier Choice completes 10th deal under Brown & Brown ownership
Premier Choice Healthcare, the health insurance arm of Brown & Brown Europe, has bought 100% of the share capital of Brighton-based intermediary, Healthcover.
FSCS adds Martyn Beauchamp as interim CEO
The Financial Services Compensation Scheme has appointed Martyn Beauchamp as interim CEO. Beauchamp will join the board as an executive director.
Jensten swoops for White Rose
Jensten has bought the business of White Rose Insurance Solutions in a deal that bolsters its regional centre in Yorkshire and Humberside.
Aviva bulks up team with three more Zurich hires
Aviva has expanded its SME and distribution teams with three hires from Zurich and a promotion, as it revealed that Michelle Taylor will start ahead of schedule on 5 December.
Broker Expo 2023: Brokers need not fear getting ‘rinsed’ exploring AI adoption
Brokers need not go for a ‘big bang’ transformation programme when it comes to introducing artificial intelligence into their business; but gain confidence incrementally by experimenting and trying things.
Partners& bolsters Northern hub with latest broker deal
Partners& has bolstered its presence in the North of England with a deal for Stephensons Risk Management
NFP builds out West Midlands presence with another buy
Acquisitive NFP has acquired The Cronin Insurance Consultancy, a commercial insurance broker based in the West Midlands.
Broker Expo 2023: Brokers urged to discuss imminent new terrorism laws with their customers
Brokers are being urged to discuss imminent new laws safeguarding people and customers from terrorism.
The Broker Investment Group-backed SSP buys BLS
Stevenson Seacombe Partnership has bought 100% of BLS Insurance, a £2.5m gross written premium broker based in Bury, as backer The Broker Investment Group upped its stake in the business.
Ecclesiastical teams up with Iprism on digital platform for brokers
Ecclesiastical and managing general agent Iprism have launched a digital platform providing cover for smaller not-for-profit organisations operating in the charity, education and faith sectors.
Acturis unveils API integration with insurtech
Acturis has partnered with insurtech FullCircl to integrate its SmartBroker solution into the platform.
Brown & Brown buys two in Northern Ireland
Brown & Brown (Europe) has bought claims management firm Davison & Associates (NI) and insurance consultancy business Davison Lamont in Northern Ireland through its hub ABL Group.
Broker Expo 2023: Influencers warned about what they post on social media
Social media influencers are putting themselves at risk by posting about high value possessions when they are out of the house.
Motor premiums surge to record high
Motorists are paying 58% more than a year ago for comprehensive car insurance, according to the latest research by Confused and WTW.
Sompo International joins Biba as 22nd partner
The British Insurance Brokers’ Association has partnered with Sompo International, its 22nd partner.
People Moves: 9 – 13 October 2023
Stay in the loop with the latest insurance personnel moves.
Theo Duchen, Lea Cheesbrough, Partners& and Marsh win big at UK Broker Awards 2023
Hailed as “a true technology entrepreneur”, Theo Duchen, co-founder of Acturis, pictured, won the Achievement Awards at the 2023 UK Broker Awards last night at the VOX, NEC, Birmingham.
Broker Expo 2023: Culture is vital to attracting and motivating staff
Culture is a significant factor in recruitment and attracting people to the insurance industry, during the most difficult period for hiring in the broker market’s history.
Broker Expo 2023: Broker acquisition prices flattening – Jensten CEO Hardie
Prices have flattened this year on broker acquisitions, according to a panel of some of the country’s top broker bosses.
Broking M&A specialist Imas acquired by global advisory firm
MarshBerry, a global M&A advisory firm for insurance brokers and wealth management firms, has acquired Imas Corporate Finance.
ABI warns on ‘stalled’ apprenticeships as it urges industry to push on DEI
The number of apprenticeships offered by the Association of British Insurers’ members has stalled at 1,231 the trade body has confirmed as it called for faster and more focused action from the industry.
Zurich confirms Jacqui Kelly as head of sales and distribution
Zurich UK has confirmed Jacqui Kelly as its permanent head of sales and distribution having held the role on an interim basis since July.
Accelerant’s UK arm awarded ‘excellent’ ratings
Accelerant Insurance UK Limited has been given top tier ratings from credit issuing agency AM Best.