United Kingdom (UK)
SRG reveals deal spend in takeover year
Specialist Risk Group’s parent spent £327.32m on 10 deals in 2024, the year the takeover by Warburg Pincus and Temasek completed.
AUB takeover talks end
AUB Group, owner of Tysers, Movo and a shareholder in Momentum, has confirmed the end of sales talks with a consortium of private equity investors in a move that has knocked 17.8% off its share price.
FOS plans to hike levies to £86m
The Financial Ombudsman Service has opened a consultation on raising its compulsory levy from £70m to £86m in 2026/27 having kept it flat for two years.
Partners& enters Lloyd’s market buying 3DI
Partners& has acquired 3 Dimensional Insurance, marking its entrance into the Lloyd’s market, in its second deal of the week.
Podcast: Reid and Clegg present Double Indemnity – episode four, Intact’s Ken Norgrove
Industry provocateurs Stuart Reid and Toby Clegg interview Intact Insurance CEO Ken Norgrove in the latest edition of Insurance Age’s Double Indemnity podcast series.
Cullum-backed MBP takes minority stake in Sturdy Edwards
Minority Broker Partnerships has bought a minority stake in East Grinstead-based Sturdy Edwards (Insurance Brokers).
Pub chain Stonegate hits Marsh with £85m negligence claim
Marsh is being sued by Stonegate in a case the pub company’s lawyers have defined as “of interest to both the insurance and hospitality sectors in examining the professional standards brokers should be held to when placing insurance for groups of…
Partners& makes double acquisition with Avenue and Ko-bolt deals
Partners& has purchased two businesses, specialist trade credit and surety bond broker Avenue Insurance Partners and B2B debt recovery business Ko-bolt International, in a move to boost its wider proposition.
FCA insurance skilled person investigations tick up again
The Financial Conduct Authority commissioned two skilled person reports in the insurance sector during the second quarter of 2025/26, following on from one in Q1 and a recent record total in 2024/25.
Former Jensten Wholesale MD Taylor joins MGA Exance
Simon Taylor has joined managing general agent Exance as CEO.
Allianz hails mini-fleet progress as NCD conversion returns to Acturis
Allianz will be rolling out mini-fleet through Bravo Digital Trader next year, Insurance Age can reveal, following on from reinstalling an NCD conversion service on Acturis via imarket business this month.
HNW brokers risk relationships turning “transactional” due to workloads
Many high net worth brokers are failing to engage with clients as much as they should because they are over-stretched, lack confidence and time poor, creating relationships that are merely transactional.
Sheldon Mills exiting FCA – report
Sheldon Mills, executive director for consumers and competition at the Financial Conduct Authority, is leaving the regulator.
Broker given five years prison sentence for stealing over £133,000
An insurance broker who diverted payments totalling more than £133,000 into his own personal bank account leaving clients without cover and faking claims has been sentenced to more than five years in prison.
Ex-Ardonagh and Clegg Gifford leader joins Kingfisher as private client head
Kingfisher has named Richard Miller as head of private clients and specialist motor trade.
FCA reveals green sweep for broker-related authorisations
The Financial Conduct Authority achieved across the board success in its broker-related authorisation categories between July and September, its first ‘green sweep’ in the data series.
People Moves: 17 – 21 November 2025
Stay in the loop with the latest insurance personnel moves.
FCA updates on Premier Insurance Company administration
The joint administrators of Premier Insurance Company Limited plan to end policies on 1 December 2025, meaning customers must arrange alternative valid insurance cover for their vehicles, the Financial Conduct Authority has confirmed.
IFB appoints Zurich’s Clayton as chair
The Insurance Fraud Bureau has named Scott Clayton, head of claims fraud for Zurich, as chair, stepping into the role on 1 January 2026.
Addept launches dedicated rent guarantee and legal expenses insurance
Addept Insurance Services has launched a dedicated rent guarantee and legal expenses insurance product for landlords and local authorities providing social housing in England and Wales.
Intact eyeing up broker trading in sites in South West and North East
CEO Ken Norgrove has revealed to Insurance Age that Intact Insurance is eyeing up broking trading sites in the South West and North East as it assesses whether it has gaps in its UK footprint.