Product
Brokers asking MGAs for more digital products
Brokers are asking for more digital products and greater transparency in capacity tenures from managing general agents, according to MGAA boss Mike Keating as he highlights an uptick in incubator start-ups.
Wakam enters motorcycle market with Top 100 broker tie-up
Wakam UK has entered the motorcycle insurance market, partnering with specialist intermediary Principal Insurance to bring what it describes as new underwriting capacity into the sector.
Pen launches into mid-market PI
Pen Underwriting has launched into the UK mid-market professional indemnity space, Insurance Age can reveal.
BrokerCentral integrates with Applied for PL access
BrokerCentral has selected Applied Rating Hub to provide access to a panel of insurer and MGA personal lines schemes for full-cycle EDI trading.
ERS launches ultra-HNW motor offering
ERS has launched Private Client Ultimate, a proposition developed for high-net worth individuals with complex motor risks to provide specialist cover for single vehicles valued at £350,000 and vehicle collections valued at £500,000.
Bspoke increases HNW line size to £15m after locking down new capacity
Bspoke Private Clients, the mid and high-net-worth offering from Bspoke Group, has secured a new five-year capacity deal via the Accelerant Risk Exchange, increasing the maximum line size to £15m per single location.
Axa’s door “fully open” to new DA and schemes business – Markham
Joel Markham, Axa Commercial’s director of schemes, delegated authorities, financial lines and speciality, has outlined its pipeline in DA business remains strong; whilst noting its investment in technology means it is more “nimble” and less frictional…
Bspoke secures £250m capacity deal with Accelerant
Bspoke Underwriting, the UK personal lines MGA, has secured a five-year capacity deal via the Accelerant Risk Exchange providing £50m of capacity annually.
News analysis: Why are more brokers competing for brand and affinity partnerships?
A number of brokers have recently announced tie-ups with household brands to distribute insurance. Ida Axling explores the benefits these affinity deals bring for intermediaries and their partners, and the prospects for future growth in the brand…
MGA launches commercial HGV motor breakdown policy
Add-on insurance specialist Alps has launched a commercial HGV motor breakdown policy designed to provide nationwide rapid roadside and base assistance to HGV vehicles above 7.5 tonnes.
Regional open market book key growth area for 2026 – Hiscox’s Walker
Stewart Walker, broker development director at Hiscox UK, has highlighted up to four large schemes deals for the first half of the year, and how the regional open market book is a key growth area.
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.
BMS boosts new A&H team with five hires
BMS Group has created an accident and health division, adding five people to the team including managing director James Early.
Gledhill: Lucida looking for growth with ‘last piece of the jigsaw’ George
Lucida Group is poised for growth, having secured new capacity, embraced data and bolstered its bench strength with a series of senior hires, according to its CEO Matthew Gledhill.
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”.
Euna launches care sector recruitment scheme
Specialist managing general agent Euna has launched a new care sector recruitment insurance scheme.
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.
imarket adds another MGA to portfolio
Industry-owned imarket has pushed further into the managing general agent sector with Chapman and Stacey Underwriting launching a liability product onto Open GI’s platform via its service.
Commercial Express adds Fortegra as capacity provider as MGU plans step forward
Managing general agent Commercial Express has struck a capacity partnership with Fortegra, Insurance Age can reveal.
Consilium launches blended cover for real estate
Wholesale broker Consilium has launched a professional indemnity, directors and officers, and crime policy for the real estate market.
Markel boss Mooney warns SMEs are 'consciously' choosing to underinsure
Experts have called on greater education around renewals and the true value of insurance as underinsurance has started to become a conscious decision for SMEs.