Acturis
Rocketing commercial premiums piles pressure on SMEs
Recent figures from Acturis show that commercial insurers are continuing to increase the cost of cover across a range of core sectors.
Hiscox “on the front foot” with brokers, says CEO Aki Hussain
Group CEO of Hiscox, Aki Hussain, has forecast further UK commercial growth, and a return to expansion in personal lines at the insurer in 2023.
The runners and riders in the Open GI sale
Open GI is reportedly up for sale, with private equity shareholder Montagu wanting to exit. Who are the likely new investors?
Acturis is not for sale, sources reveal
Acturis is not for sale, sources close to the company has confirmed, following a report that a key shareholder was eyeing up an exit.
Open GI shareholder looking at sale options – report
Open GI’s majority shareholder is targeting a sale of the business in the second quarter of 2023, according to Reuters.
Hiscox launches broker extranet
Hiscox has launched a broker extranet claiming it is the first full cycle digital trading extranet built by an insurer that supports integration into brokers’ Acturis back office.
The stats: Q3 - Feeling the squeeze as commercial continues to climb
Recent figures for Q3 from Acturis show policyholders remain under intense pressure as premiums rise across all business classes, reports Rachel Gordon
Pressures on fleet market push rates upwards
Figures from Acturis and opinion from market specialists indicate that fleet rates now look set to rise after many months of premium falls and stagnation.
In-depth: Good or bad? The looming regulation of broker software houses
Broker software houses likely face regulation amid a new law before parliament. The impending regulation has triggered debate over whether it will protect customers or add more cost and paperwork for brokers as Saxon East discovers
The stats: Q2 2022 - Pricey premiums pile on the commercial pressure
There have been rises across all classes, except fleet, as recent figures from the Acturis Commercial Lines Index reveal, putting pressure on companies. Rachel Gordon reports
Iprism integrates with Acturis
Managing general agent Iprism has added its tradesman, contractors and professionals product to the Acturis trading platform.
Movo signs agency deal with CNA
Broker network Movo Partnership has added CNA to its panel of capacity providers.
Broking Success: Targeting growth
Neal Lowe, managing director of Needham Insurance Services, tells Insurance Age about striking deals and serving local communities as the broker targets £20m of gross written premium by 2025.
Acturis boosts revenue and profit in 2021
Acturis grew revenues by 6.7% in 2021 to £111.9m, its 20th consecutive year of revenue growth.
The Stats: Q1 2022 - Cost of commercial cover continues to climb
Recent figures from the Acturis Commercial Lines Index shows business insurance remains on a relentless upward trajectory. Rachel Gordon reports
Interview: Sue Langley, chair of Gallagher UK
The Gallagher leader discusses her time in the job, making deals and the insurance sector’s need for talent along with sharing her views on improving diversity and inclusion in the market as well as how she coped with lockdown.
Broking Success: Strength in Scotland
Director Tom Yorke recounts his route from Giles to investing in Blue Rock Insurance Brokers, growing organically and competing on quality with the ethos of not doing speculative quotes as well as the opportunities for the Scottish broker as it targets…
The stats: Commercial premiums – double trouble as rates continue to bite
Along with the cost of living, the cost of insurance looks set to keep rising too, according to the most recent Acturis Commercial Broking Index. Rachel Gordon reports
The stats: December 2021 – The Acturis Premium Index
The third quarter of the year saw rising premiums in almost all of the product lines featured in the Acturis Commercial Broking Index – the only exception being a minor dip in fleet.
LexisNexis launches data enrichment product
Commercial PreQuote is available through Acturis and is said to enable brokers to validate customer data prior to quote.
Capacity and insurer relationships key priorities for broker space
Acrisure carried out a review of the broking sector, highlighting firms’ top priorities, challenges, and M&A appetite.
Biba forms Insurance Technology & Innovation Committee
It has been developed to protect the interests of Biba members and panellists include software houses.
Acturis posts revenue rise for 2020
The software house also revealed an increase in operating profit for the year.
Acturis adds CFC to panel with cyber product launch
CFC's Cyber Now product has been made available to brokers on the Acturis platform.