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Home insurance premium falls accelerate in Q3
Insurance premiums for home insurance continued their downward trajectory in the third quarter of 2025, according to the latest data from Pearson Ham Group’s General Insurance Price Index.
PremFina reveals 2024 losses
PremFina trimmed operating losses in 2024 from £6.4m to £4.2m with the business having previously forecast reaching profitability by the end of June next year.
Ex-Tempcover team launch new short-term insurance broker Covertime
A team of senior ex-Tempcover employees has formally re-entered the UK insurance market with Covertime, a new start-up broker focused on short-term cover.
New research claims 60% of HNW customers have suffered escape of water
Research from Ecclesiastical has found 60% of high net worth property owners have experienced an escape of water incident in the last five years.
New MD takes the reins as loss adjusting firm completes MBO
Independent loss adjusting business Williams Pitt has undergone a management buy-out.
McMillan steps down as Ageas completes Esure takeover
Ageas has completed its purchase of Esure from private equity house Bain Capital first announced in April this year.
Motor broker The Green Insurer closes
The Green Insurer has closed to new and renewing customers after launching in December 2023 claiming to be the UK’s first truly green car insurance broker.
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.
Markerstudy boosts revenue and trims post-tax loss in Atlanta deal year
Markerstudy Group Holdings has posted a reduced loss of £141.7m for 2024, as revenue grew and Ebitda turned positive in a year it took over personal lines broker Atlanta.
Lucida posts reduced turnover in year before Moorhouse sale
Top 100 UK broker Lucida has reported a 14.6% fall in turnover to £40.67m, with a mixed picture on profitability across its divisions in 2024, the year before it struck the deal to sell Moorhouse.
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.
‘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.
Bown steps down as CEO of Dayinsure, succeeded by Bibby
Barry Bown has stepped down as CEO of top 100 broker Dayinsure, to be replaced by Chris Bibby.
Uris Group extends capacity deal with Zurich to £275m over five years
Specialist personal lines managing general agent Uris Group has struck a £275m five-year capacity deal with long-standing partner Zurich, as it targets growth in its property insurance portfolio, trading as Midas.
Car insurance costs drop again – Confused/WTW
The average cost of comprehensive car insurance in the UK has dropped by £136 (16%) over the past 12 months to £735, according to the latest data from Confused/WTW.
One Call profits up but turnover down in 2024
Doncaster-headquartered One Call Insurance Services grew pre-tax profit by 2.2% in 2024 to £22.51m, despite turnover falling.
Allianz hires Hughes from Ageas as PL broker MD
Allianz UK has recruited Glyn Hughes from Ageas as managing director of Allianz Personal Broker.
Further fall in home premiums in August
The latest General Insurance Price Index from Pearson Ham Group has shown the average top-five premiums for home insurance fell in August 2025, extending the downward run seen through the year.
Hughes reports falling turnover and a loss in year of Markerstudy deal
Northern Ireland-based Hughes Insurance has reported an 11% fall in turnover to £11.32m for 2024, the year it was snapped up by Markerstudy Group.
Profits slip but revenue up at Ageas Retail in 2024
Ageas Retail, the insurer’s wholly owned broking subsidiary with trading names including Ageas Direct and RIAS, saw post-tax profits fall 23% to £5.03m last year.
Personal lines broker boss George to leave Allianz
Nicola George, MD of Allianz Personal Broker, is to leave the business in Q4, the insurer has announced.
Ex-Das leadership duo return with new MGA Elevate Specialty
A pair of former Das bosses have launched a new consumer-focused full stack MGA.