News
Howden to sponsor British & Irish Lions
Howden is to become a principal partner of the British & Irish Lions for the next four years and the official front of jersey sponsor for the upcoming 2025 Lions Tour to Australia.
People Moves: 10 – 14 July 2023
Stay in the loop with the latest personnel moves in insurance.
Zurich exits regional and national broker personal lines channels
Zurich UK has today announced plans to refocus its personal lines home and motor business to concentrate on high net worth through Zurich Private Clients, alongside its MGA and partnership channels.
MGA stops underwriting and passes book to broker
Centrix Underwriting Management Ltd is passing its customers and renewals over to a broker, Insurance Age understands.
Sharon Brown joins Greenkite Associates
Former Harbour Underwriting managing director and Miles Smith leader Sharon Brown has joined the executive team of Greenkite Associates as chief commercial officer.
Biba grows net assets to more than £5m
The British Insurance Brokers’ Association has revealed a 21% increase in members’ funds to £5.1m at the end of 2022.
PSC Insurance buys Turner Rawlinson
Australian group PSC Insurance has bought London-based broker Turner Rawlinson, according to filings at Companies House.
Clear buys One Commercial Specialty from Bspoke
Clear Group has continued its push into the managing general agents sector buying One Commercial Specialty from Bspoke.
Stevenson Seacombe Partnership buys 51% of fellow TBIG member Whitefield Insurance
Stevenson Seacombe Partnership has bought a 51% holding in fellow The Broker Investment Group firm member Whitefield Insurance based in Ramsbottom, Lancashire.
New fronting firm to help flush capacity into UK commercial specialty MGAs
A new private-equity backed fronting firm has won approval from the Prudential Regulatory Authority to start business.
MGA Inperio launches new PI product for surveyors
Managing general agent Inperio has launched a new product for surveyors, Insurance Age can reveal.
GRP’s Greens buys Petherwicks to grow South East coast footprint
Green Insurance Group has bought Brighton-based Petherwick Insurance Brokers for an undisclosed sum adding to Global Risk Partners’ South Eastern hub.
Jacqui Kelly steps up at Zurich as Michelle Taylor heads to Aviva
Zurich has confirmed that Jacqui Kelly, head of strategic accounts, will take on the role of head of sales and distribution on an interim basis succeeding Aviva-bound Michelle Taylor.
Ardonagh Advisory scores hat-trick of broker buys with AMS Insurance Solutions
Ardonagh Advisory has struck its third broker deal in a week buying AMS Insurance Solutions.
Aviva adds Michelle Taylor from Zurich amid commercial lines and distribution restructure
Aviva has recruited Michelle Taylor from Zurich as it unveiled new structures for its commercial lines business, consisting of SME, Global Corporate and Specialty and distribution.
MGAs fear regulatory scrutiny will deter new entrants and diversification
Nine in 10 managing general agents believe that regulatory scrutiny will increase over the coming year, potentially deterring more entrants into the space.
Brokers warn insurers they risk losing more business to MGAs
Mainstream insurers need to heed the lessons of the post pandemic decline in service or face losing more market share to managing general agents.
People Moves: 3 – 7 July 2023
Keep up to date with the latest personnel moves in insurance.
Hector succeeds Callan to lead on commercial at Covéa
Keith Hector has been named as commercial team leader at Covéa, succeeding Carolyn Callan.
Verlingue grows turnover and profit in 2022
Verlingue UK boosted turnover by 6.8% in 2022 to £19.51m, as profits also rose.
Clear Group in double broker swoop
Clear Group has sealed a pair of broker deals, buying Mayor Broking and MJB Finningley.
Capacity provider Accredited backs MGA home specialist
Accredited Insurance (Europe) has backed managing general agent Integra Insurance Solutions with fresh capacity.
GRP buys London-based commercial broker KPTI
Global Risk Partners has bought SB2, the holding company for KPTI, which trades as IS Insurance Solutions.
Ardonagh snaps up Sentinel for Ethos
Ardonagh Advisory has struck its second deal of the week buying self-drive hire specialist Sentinel Insurance Solutions.