Personal
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.
Broker Expo 2025 Countdown: Ageas’ Claire Green
As we countdown to Broker Expo in October we caught up Claire Green, director of distribution at exhibitor Ageas who explains why she is looking forward to engaging with brokers, swapping ideas and discovering where the insurer can help, as we…
Lloyd & Whyte Group grows again in 2024 with three deals and a sale
Somerset-based Lloyd & Whyte Group grew turnover by 5.9% in 2024, in a year it made three acquisitions and returned to pre-tax profit with a sale.
‘We have to keep earning the right to be number one in the market,’ says Aviva’s Storah
Jason Storah, CEO for UK and Ireland general insurance at Aviva has said it will continue to improve service levels, proposition and technology for brokers during the rest of the year, as he hailed the performance of growing premiums and profit in the…
PremFina leaders tackle growth, profitability and regulation changes
As PremFina restructures for “the next stage of the journey”, chief product and revenue officer Laura Sweetman and chief strategy officer Danielle Medhurst share how it will partner with brokers en route to reaching profitability by the end of June next…
Aviva UK operating profit soars 72% in H1 2025
Aviva achieved 9% growth in UK gross written premiums in the first half of the year to £3.87bn, with commercial lines up 15% and personal lines 3% ahead compared to the same period of 2024.
Coles bullish over ‘sweet spots’ as MGA Uris targets £150m post MBO
MGA and outsourced insurance administration and underwriting services provider Uris Group is on track for £150m of premium in its first year as an independent business, Insurance Age can reveal.
Motor premium prices drop 3% in Q2 – ABI
Average motor insurance premiums fell by 3% in the second quarter, taking the annual drop to 9.6%, according to the Association of British Insurers.