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Allianz CEO Holmes: ‘Head-scratching’ rivals holding up commercial market hardening
Allianz UK CEO Colm Holmes has lambasted a couple of rivals for pushing “head-scratching” commercial rates into the market and discounting to a point that is “excessive in extreme”.
Ageas posts higher UK premium amid deal effects starting to kick in
Ageas grew UK premium by 6% to €1.93bn (£1.68bn) last year with the insurer noting a “solid UK result despite [the] softer market”.
Hiscox grows UK book even faster in 2025
Hiscox’s growth momentum has accelerated again in the UK, with the insurer excited about its results and even “more excited about the future” with brokers, according to group chief underwriting officer Joanne Musselle.
Movo picks Applied for personal lines panel on Quote Portal
Movo Partnership has teamed up with Applied Systems to power its Quote Portal providing network brokers access to insurer and MGA personal lines schemes for full-cycle EDI trading.
Moneysupermarket insurance revenues fall amid 2025 ‘headwinds’
Insurance revenue at Moneysupermarket fell 1% in 2025 to £232.5m driven by a 9% drop in car insurance, and home also declining.
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.
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.
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.
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.
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’.
QuestGates: 2025 vehicle theft reduction should be welcomed by brokers
‘All vehicle’ thefts fell by 11.36%, from 102,240 in 2024 to 90,625 in 2025, according to analysis of the Driver and Vehicle Licensing Agency data for 2025 by loss adjusting firm QuestGates.
Motor claims hit £11.9bn in 2025
Motor insurers paid out £11.9bn in claims last year, according to data from the Association of British Insurers.
Grove & Dean doubles down on digital after turnover and profits slip
Motor experts Grove & Dean saw turnover shrink by 9.3% and post-tax profit fall 39.7% in the year ended 31 May 2025, but is seeing signs of improvement and momentum in the current year according to managing director Damian Collett.
Lucida and Right Choice founder Mike Joseph to retire
Lucida Group founder and chief underwriting officer Mike Joseph will retire at the end of March, the business has confirmed.
Former Allianz PL boss George joins top 100 broker
Lucida Group has appointed former Allianz personal lines broker boss Nicola George as group chief underwriting officer.
Broker Expo Roadshows coming to London, Bristol and Manchester in 2026 – sign up now
Building of the success of the Broker Expo in Birmingham, Insurance Age is going on the road in 2026.
Collinson supports digital bank Chase’s UK insurance entry
Collinson Insurance has secured a new partnership with digital bank Chase.
No price cap or zero interest order plans from FCA on premium finance
The Financial Conduct Authority has confirmed it will not introduce a price cap or order that premium finance is provided without interest, as it published its final report.
FCA imposes growth restrictions on Markerstudy
Markerstudy has confirmed a “cap” on growth after the Financial Times reported the Financial Conduct Authority has restricted its activities.
MGA confirms Hadron primary capacity deal
Elevate Specialty has today confirmed its new primary carrier capacity partnership with Hadron UK Insurance, supporting a range of specialty insurance products.
Fitch neutral on UK insurers for 2026 but echoes motor losses warning
Fitch’s sector outlook for the UK non-life company market in 2026 is neutral, unchanged from 2025.