United Kingdom (UK)
Convex reveals GWP approaching $6bn and profit growth for 2025 in run-up to AIG deal
Convex Group grew gross written premium by 14% in 2025 to $5.88bn (£4.35bn) as it made a net profit for the third year in a row ahead of sealing investment from AIG.
MoneySuperMarket claims UK first with insurance ChatGPT app
MoneySuperMarket, has launched a financial services and price comparison service ChatGPT app, claiming it is the first in the UK and flagging the impact on motor insurance.
QBE International posts double digit premium growth
QBE International’s combined operating ratio improved again to 88.5% last year as the division, in which the UK sits, grew premium 12.6%.
QBE divests arm with UK business to Swiss Re
QBE has entered into an agreement to divest its global trade credit and surety business to Swiss Re Corporate Solutions, the commercial insurance arm of the Swiss Re Group.
People Moves: 16 – 20 February 2026
Keep up to date with the latest personnel moves in insurance.
Broker Diversity Push: FOI stats show subtle improvements in broking leadership gender balance
The latest data from the Financial Conduct Authority obtained by Insurance Age via a Freedom of Information request has shown small improvements in five out of six key SMF approved functions.
Mabb moves to advisory role as Webb named RMD of Romero
Regional managing director of Romero, Simon Mabb, will switch to an advisory role at Gallagher being succeeded by ex-Marsh leader Jonathan Webb.
CFC sale rumours resurface
The private equity owners of cyber insurer CFC are exploring “strategic options” having appointed advisers, according to a report by Bloomberg.
Zurich UK trims COR again and profits rise further in 2025
Zurich UK achieved a combined operating ratio of sub 90% for property and casualty business with profits rising 21% in 2025 while premiums stayed stable.
Close Brothers reverses premium finance commission disclosure requirement
Close Brothers Premium Finance has u-turned by cutting the need for brokers to get customers’ explicit consent to commission arrangements.
SRG broker to wholesale pothole damage cover
Strategic Insurance Services has launched a vehicle insurance product designed to cover damage caused by potholes, making it available to brokers on a wholesale basis for private motor and commercial fleet clients.
Neil Jenkinson to leave Biba after 10 years
Neil Jenkinson is set to leave his role of regional manager for the North, Scotland and Northern Ireland at the British Insurance Brokers’ Association at the end of February.
Asset management giant Barings commits up to $180m for new MGA-backing insurer
Barings has committed up to $180m (£132.7m) for the launch of Pinion Insurance which will offer capacity to managing general agents in the UK, US and Europe.
Property insurance payouts hit record £6.1bn in 2025 – ABI
Insurers paid out £6.1bn in property claims in 2025, the highest annual total on record, according to the Association of British Insurers.
England cricket captain Ben Stokes to close Biba conference
The British Insurance Brokers’ Association has revealed cricketer Ben Stokes, captain of the England men’s Test team, will be closing its annual conference, as Kay Burley is set to host the two-day event along with Davina McCall also taking to the stage.
Five arrested including ex-Met officer as police hit spoof motor insurance apps network
Five people, including a former Metropolitan Police officer, have been arrested across London today in a crackdown on a network selling spoof vehicle insurance ‘apps’.
Aviva takes Myles from Gallagher as branch manager in expanded South East role
Aviva has swooped for Kerry Myles from Gallagher as branch manager for the South East, starting in the role on 16 March.
Hiscox launches technology graduate programme
Hiscox has launched a technology graduate programme to attract and develop the next generation of tech talent.
MGAA relaunches enhanced core training for members
The Managing General Agents’ Association has relaunched an enhanced core content programme of learning and insights.
Deadline extended for Zurich’s Beazley bid
Zurich has been granted more time to make its formal £8bn bid for Beazley with the deadline pushed back to 5pm on 4 March.
Flock CEO Klinger outlines broker growth plan after Admiral deal
Flock CEO Ed Leon Klinger has outlined that it is keen to grow its broker base following its acquisition by the Admiral Group.
Bravo targets reseeding the industry and adds insurers to digital trader
Bravo Networks is set to add two insurers to its digital trader platform by then end of the month and has highlighted there is a gap in the market to reseed the industry to make “independent regional brokering thrive”.
MGA launches pharmaceutical recall cover
BluNiche, the specialist product recall managing general agent, has expanded its portfolio to provide dedicated coverage for the pharmaceutical sector.
Top 100 UK broker sees emails drop by 22% following WhatsApp integration
Insurance Revolution, part of Well Dunn Group, has seen service emails drop by 22% after it partnered with CM.com to integrate WhatsApp into its customer communication processes in a “game-changing” move.