United Kingdom (UK)
Is the broking industry really falling behind on AI adoption and innovation?
Brokers call on software houses to step up as pressure to implement AI solutions grows, especially when it comes to cost and integration. Ida Axling investigates.
PIB tops £500m revenue as losses trimmed in run-up to ending sale talks
PIB Group has posted £514.7m of pro forma group net revenue for 2024, a year it expanded into two countries and made 25 acquisitions before walking away from sales talks in 2025.
Property payouts hit £1.6bn in second quarter
Insurers paid out £1.6bn for property insurance claims during the second quarter of the year, research from the Association of British Insurers has shown.
Ecclesiastical warns of growing subsidence risk
Ecclesiastical Insurance has urged property owners to take precautionary steps as the risk of subsidence and wildfires has increased following an extended dry spell.
Home insurance premiums flat in Q2 – ABI
The average price of combined building and contents home insurance was stable in the second quarter of 2025 at £391, according to the Association of British Insurers.
Bullish Warburton on Konsileo moving ‘forward on all fronts’
Konsileo is “cautiously optimistic” about hiring another 50 brokers this year, building on its progress in 2024, CEO John Warburton told Insurance Age.
Bridgehaven makes first acquisition
Hybrid fronting insurer Bridgehaven has signed up for its first buy, to snap up Dublin-based insurer SureStone Insurance for an undisclosed amount.
Konsileo grows revenue and trims losses in 2024
Konsileo’s parent company delivered a 54% increase in revenue to £10.84m as the expansive Top 100 Broker bolstered headcount, hiring 23 brokers across three cohorts in 2024.
TH March grew profits and turnover in run-up to EOT
Specialist jewellery and allied trades broker TH March boosted annual profit-after tax by 63.7% to £781,000 in the run-up to switching to an employee ownership trust.
People Moves: 21 – 25 July 2025
Keep up to date with the latest personnel moves in insurance.
Clear broker teams up with West Ham United as official insurance partner
Lilly Plummer has signed up to be West Ham United’s official insurance partner for both the men’s and women’s first teams.
Allianz adds Head from RSA for MGA-focused post
Allianz Commercial has taken Daniel Head from RSA, where he led partnerships, as its new head of delegated authority and portfolio solutions for UK global and international markets.
Zurich UK hires Asha Kumar as its first CTO
Asha Kumar has joined Zurich UK from HSBC as chief technology officer, a newly created role.
Christiern Dart appointed CEO of MS Amlin
MS Amlin has named Christiern Dart, previously group chief underwriting officer at Brit, as CEO to succeed Andrew Carrier.
UK commercial market softening continues at 6% – Marsh
Commercial market rate softening in the UK continued at 6% in the second quarter, according to Marsh, identical to the pace at the start of the year.
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.
Clear reveals £171m buying bill
Clear’s 12 strong acquisition spree in the year ended 31 October 2024 generated a £170.9m bill, a filing at Companies House has revealed.
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…
MGU teams up with HSB for construction launch
Victor Insurance UK has launched a contractors all risks insurance product targeting contractors and subcontractors with up to £20m in annual revenue.
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.
Biba’s Trudgill on advertising cut through and ‘huge groundswell’ of support
The British Insurance Brokers’ Association’s first national advertising campaign to promote insurance brokers to SMEs has led to an increase in firms saying they would use a broker and raised the name recognition of the trade body, initial data has…
Aviva leans into digital with enhanced freight liability insurance launch
Aviva Global, Corporate and Specialty has rolled out freight liability insurance on Acturis for the first time alongside making the enhanced version available on Fast Trade.
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.