United Kingdom (UK)
In Depth: Legal expenses cover… needed more than ever?
Clients may want brokers to advise on how to reduce premiums, but this is the one add-on to hang onto according to providers as Rachel Gordon discovers.
PSC Insurance buys Turner Rawlinson
Australian group PSC Insurance has bought London-based broker Turner Rawlinson, according to filings at Companies House.
Clear buys One Commercial Specialty from Bspoke
Clear Group has continued its push into the managing general agents sector buying One Commercial Specialty from Bspoke.
Q&A: Nadia Côté, managing director UK, Allianz Commercial
In her first interview since being announced in April as managing director UK at Allianz Commercial Nadia Côté tackles simplifying trade with brokers. She also assesses how the new Allianz Commercial structure will improve knowledge sharing and…
Experts call on brokers to take action as climate change drives shift in flood risk
Flood insurance specialists have urged brokers to stay on top of how they can help clients as the number of natural catastrophe weather events in the UK continues to increase due to climate change. Ida Axling investigates.
iCAN teams up with Insurance Age as official UK Broker Week partner
Insurance Age is delighted to announced the Insurance Cultural Awareness Network as an official partner of the inaugural 2023 UK Broker Week.
Stevenson Seacombe Partnership buys 51% of fellow TBIG member Whitefield Insurance
Stevenson Seacombe Partnership has bought a 51% holding in fellow The Broker Investment Group firm member Whitefield Insurance based in Ramsbottom, Lancashire.
New fronting firm to help flush capacity into UK commercial specialty MGAs
A new private-equity backed fronting firm has won approval from the Prudential Regulatory Authority to start business.
Turnover up but profits slip at Thomas Carroll
Thomas Carroll Group grew turnover by 11.2% in 2022, but increased expenses and investment spending knocked profits lower.
Blog: Why is M&A moving to Europe and what does it mean for independent UK brokers?
As UK broker M&A targets become scarcer, smaller players are bound to follow the major consolidators into Europe argues Greg Cant, UK Financial Services Partner at Clearwater International.
My Insurance Downtime: Woodgate & Clark managing director James Eveling
Woodgate & Clark managing director James Eveling gives us a look into his life outside insurance.
Sabre picks CDL for pricing and for retail platforms
Sabre Insurance has moved its pricing and direct insurance platforms to CDL, Insurance Age can reveal.
MGA Inperio launches new PI product for surveyors
Managing general agent Inperio has launched a new product for surveyors, Insurance Age can reveal.
GRP’s Greens buys Petherwicks to grow South East coast footprint
Green Insurance Group has bought Brighton-based Petherwick Insurance Brokers for an undisclosed sum adding to Global Risk Partners’ South Eastern hub.
Jacqui Kelly steps up at Zurich as Michelle Taylor heads to Aviva
Zurich has confirmed that Jacqui Kelly, head of strategic accounts, will take on the role of head of sales and distribution on an interim basis succeeding Aviva-bound Michelle Taylor.
Ardonagh Advisory scores hat-trick of broker buys with AMS Insurance Solutions
Ardonagh Advisory has struck its third broker deal in a week buying AMS Insurance Solutions.
Aviva adds Michelle Taylor from Zurich amid commercial lines and distribution restructure
Aviva has recruited Michelle Taylor from Zurich as it unveiled new structures for its commercial lines business, consisting of SME, Global Corporate and Specialty and distribution.
Graeme Trudgill on taking up the reins at Biba
Graeme Trudgill has committed to fighting strongly for brokers and to getting even more access to the Financial Conduct Authority for members as he takes up the role of CEO of the British Insurance Brokers’ Association.
MGAs fear regulatory scrutiny will deter new entrants and diversification
Nine in 10 managing general agents believe that regulatory scrutiny will increase over the coming year, potentially deterring more entrants into the space.
Interview: Andrew Cunis, Gallagher – Growing for gold
Andrew Cunis, managing director of private clients at Gallagher, shares how the offering has grown to £100m of gross written premium, and the firm's goal of 10% year-on-year organic growth.
Brokers warn insurers they risk losing more business to MGAs
Mainstream insurers need to heed the lessons of the post pandemic decline in service or face losing more market share to managing general agents.
People Moves: 3 – 7 July 2023
Keep up to date with the latest personnel moves in insurance.
Hector succeeds Callan to lead on commercial at Covéa
Keith Hector has been named as commercial team leader at Covéa, succeeding Carolyn Callan.
Verlingue grows turnover and profit in 2022
Verlingue UK boosted turnover by 6.8% in 2022 to £19.51m, as profits also rose.