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Broker hires ex-Bolt insurance head to lead new future mobility arm
The Plan Group has launched a new venture to deliver solutions for electric and autonomous vehicle technology providers.
MGA Arkel secures £120m AmTrust capacity
Specialist managing general agent Arkel has secured an increased limit of £120m gross written premium of A-rated capacity with AmTrust over the next three years for non-standard household insurance.
Brown & Brown buys bloodstock specialist broker
Brown & Brown Europe has bought private client, bloodstock and farm & estate specialist broker Weatherbys Hamilton for an undisclosed amount.
Experts respond to ‘much ado about nothing’ FCA premium finance review
“After weeks of speculation, the overall feeling is one of ‘much ado about nothing’ – especially if you’re a firm doing the right thing,” said Michael Sicsic, managing partner of Sicsic Advisory, on the Financial Conduct Authority’s premium finance…
No broker commission bans or compulsory 0% APRs on premium finance, says FCA
The Financial Conduct Authority has confirmed it is not going down the route of banning broker commission in premium finance and will not be forcing a 0% annual percentage rate or bringing in a single level market-wide cap.
MIB calls for uninsured driving fine to be quadrupled to £1200
The Motor Insurers’ Bureau has made a commitment “to eradicate uninsured driving for good” as part of its newly published five year plan.
Flood Re posts 20% policy growth to new record but profits down
Flood Re has posted a 43% fall in pre-tax profit to £13.5m as rising reinsurance costs more than outweighed lower claims costs in the year ended 31 March 2025.
Insurance revenue at Moneysupermarket slips 2% at half-year
Moneysupermarket’s insurance revenue dropped 2% to £117.7m in the first six-months of 2025 compared to the same period last year.
UK Broker Awards 2025 shortlist revealed
Today Insurance Age can reveal the shortlist for the 2025 UK Broker Awards.
Markerstudy confirms CFO switch
Markerstudy Group has named Keith Barber as interim chief financial officer succeeding Fernley Dyson who has moved to be CFO of Tradex-owner Saturn Holdings, part of backer Pollen Street’s portfolio of companies.
Interview: ERS managing director Martin Hall
The newly appointed ERS managing director Martin Hall speaks to Jonathan Swift about how it plans to maintain its profitable growth through embracing data/technology, focusing on opportunities in mobility innovation and being the go-to market for brokers…
Axa’s Walker and Aviva’s Storah tackle monthly payments, flooding and Consumer Duty in parliamentary session
Jon Walker, CEO of Axa Commercial, has highlighted the valuable service of pay monthly options, and urged the government to increase flood defence spending, in a parliamentary session held earlier this week.
Premium Credit open for business after Close Brothers broker and personal lines cuts
Premium Credit has confirmed it is “there to support any distribution partners”, following competitor Close Brothers pulling back on personal lines premium finance lending and exiting up to 120 broker relationships.
Liberty moves into HNW market
Liberty Specialty Markets has launched into the UK high-net-worth market, expanding on its fine art and specie offering.
JMG strikes 50th deal
JMG Group has completed its 50th acquisition since its 2020 management buyout, snapping up London-based Profile Insurance Services.
Close Brothers to cut broker relationships in personal lines pull back
Close Brothers has confirmed it will exit some broker relationships over the next year as it pivots away from personal lines premium finance to focus on commercial business.
Ceta adds Mark Chappell as head of intermediary in wholesale push
Atec Group’s Ceta Insurance has appointed Mark Chappell as head of intermediary to bolster its wholesale proposition.
Interview: Brendan Devine, CEO of Atec Group
In his five years as CEO of Atec Group Brendan Devine has led the business to more than double policy numbers and profit organically, now having struck its first acquisition buying Moorhouse last month he explains how it will triple in size over the next…
MCE Insurance moves to voluntary liquidation as HMRC claims hits £65m
MCE Insurance is being moved from administration to creditors’ voluntary liquidation in a move the administrators noted would enable a dividend to be paid to unsecured creditors.
Broker pot FSCS compensation ticks up to over £700,000
Claims against the general insurance distribution class, in which brokers sit, resulted in the Financial Services Compensation Scheme paying out £722,000 in the year ended 31 March 2025.
Insurance cases drop at FOS in 2024/25 with downward trend expected to continue
The number of insurance cases received by the Financial Ombudsman Service fell by almost 3% in 2024/25 to 45,606 new complaints.
Home insurance premiums fall 3.8% in Q2
Home insurance premiums continued to fall in the second quarter of 2025 with the average top five prices down by 3.8%, according to Pearson Ham.
Aviva names Owen Morris UK personal lines CEO as Direct Line deal completes
Owen Morris has been appointed CEO of UK personal lines at Aviva as the Direct Line takeover went through.
CMA greenlights Aviva’s takeover of DLG
The Competition and Markets Authority has today cleared Aviva’s takeover of Direct Line Group.