United Kingdom (UK)
PremFina restructures senior management
PremFina has made “significant” changes to its senior management roles to support its growth plans over the next two years.
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.
Markel adds pre-loss services to Cyber360
Markel has launched its pre-loss services for UK Cyber360 policyholders, to help clients minimise cyber risks.
Cheesbrough outlines M&A and tech plans as Movo enters ‘2.0’ growth phase
The Movo Group of Companies is poised to enter a new period of M&A activity and member sign-up following the sale of a majority equity stake to AUB in October 2024.
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…
CRC signs up to buy Atrium
US firm CRC Group has signed up to buy Lloyd’s insurer Atrium, in a deal expected to close in the third quarter of this year.
Underwriting discipline key for MGAs
Gavin Dollings, chief underwriting officer at Rockstone Commercial, has highlighted that “flawless execution” of underwriting discipline is key for managing general agents as brokers want consistency of appetite.
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.
Data – a ‘superpower’ in a business
Data was a “superpower” in a business, Mark McIlquham UK CEO of Acrisure told the audience at the Managing General Agents’ Association 2025 conference on 3 July, in a discussion where cross-selling was also to the fore.
Broker M&A ends half-year with a ‘whimper’ – MarshBerry
Mergers and acquisitions of UK insurance distribution business were down 35% in the first half of the year compared with 2024, specialist MarshBerry has calculated.
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.
Biba reveals board changes as Evans steps down, succeeded by Fraser
Carl Evans is stepping down as chair of the British Insurance Brokers’ Association’s Larger Brokers’ Advisory Board, with Alistair Fraser succeeding him.
People Moves: 30 June – 4 July 2025
Keep up to date with the latest personnel moves in insurance.
Interview: JP Allcock, managing director of commercial insurance at NFP Europe
NFP’s John Paul Allcock tells Insurance Age about building the broker’s UK arm from nine staff to over 300, buying and rebranding plans as well as how the business has fared since the takeover by Aon just over a year ago.
Over half of carriers expect to increase MGA capacity between now and 2027
Almost three in five (57%) of carriers are set to increase managing general agent capacity in the next two years, according to a new survey.
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.
CII members give thumbs down to FCA CPD proposal
The Chartered Insurance Institute has found significant opposition to the Financial Conduct Authority’s proposal to end the requirement for insurance employees to do a minimum of 15 hours training and development a year.
SRG buys Generation Underwriting from WF Risk Group
Specialist Risk Group has bought Newcastle-based managing general agent Generation Underwriting from WF Risk Group.
Simply Business operating profit soars almost 90% in 2024
Xbridge, which trades as Simply Business, increased operating profit to £45.91m for the year ended 31 December 2024, up almost 90% from the previous year.
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.
Superscript to enter motor market as it targets £120m GWP by 2028
Digital insurance broker Superscript is gearing up to enter the motor market as it aims to treble its gross written premium to £120m in three years.
FCA confirms £38.8m broker fees for 2025/26
The Financial Conduct Authority has confirmed brokers will contribute £38.8m to its £783.5m budget for 2025/26.
Acrisure rebrands Scottish brokers
Affinity Brokers has become the first of Acrisure’s Scottish insurance brokers to rebrand, after being bought by the consolidator in 2023.