Product Hub: Transport/Marine

Welcome to Insurance Age’s Transport/Marine Product Hub. This page hosts all of our transport product news and insight to help the market keep abreast of latest developments and to boost their business development strategies.

Product overview: Transport/Marine

A long-standing tradition of trading goods means that marine insurance is one of the oldest forms of insurance, with historians able to trace cover right back to the Phoenician traders in around 1000 BC. Methods of transporting goods have changed significantly since those early days on the sea, but it remains a valuable but challenging market.

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Markerstudy confirms Tradex deal

Markerstudy has confirmed it is buying Tradex Insurance Services alongside snapping up Lloyd’s broker Clegg Gifford in a move that is expected to mark it stepping back into risk-carrying underwriting.

Amicus hits £22m in GWP and sets sights on M&A

Amicus CEO, Adam Scott, has told Insurance Age that the broker is looking to do deals as it aims to become the largest construction waste broker in the UK, following last year's MBO which was supported by Shawbrook Bank.

Broking Success: Moving forward and storing up success

Greg Wildman, managing director of Basil Fry & Company, unpacks how the removals, storage and self-storage specialist broker has consistently delivered yearly double-digit organic growth in a sector that is a bellwether for the UK economy

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…

PIB reshuffles management team

The changes include Adrian Colosso becoming chairman of its specialty business and Bernard Macgeean set to become chair of Q Underwriting and PIB’s Schemes & Affinities.

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