Construction
NBS launches enhanced contractors combined product
NBS Underwriting has launched a contractors combined product to provide brokers with a “comprehensive solution that brings essential construction-related covers together in one streamlined policy”.
SRG signs up to buy City Quarter Brokers
Specialist Risk Group has revealed an agreement to buy City Quarter Brokers.
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.
Axa bosses Walker and Zweibrucker on growing with brokers in commercial and retail
The commercial and retail divisions of Axa Insurance in the UK are growing, the respective CEOs have confirmed, outlining plans to expand with brokers over the rest of the year and beyond.
QBE’s Fitzgerald on doubling in the regions, and what comes next
In the past three years, QBE has doubled its gross written premium in the regions and is not taking its “foot off the growth”, UK regions director Andy Fitzgerald tells Insurance Age, promising consistency for brokers.
FUW targets A55 corridor with new commercial venture
Aberystwyth-headquartered agricultural specialist broker FUW Insurance Services is rolling out a business-targeted venture, FUW Commercial.
MGA expands appetite for contractors to include builders, plant and skip hirers
Speciality insurance managing general agent Fiducia has expanded its risk appetite for combined liabilities insurance to include a range of new broker contractor clients.
PwC highlights pressure on motor, home and specialty insurance from Trump’s tariffs
PwC has warned of higher claims costs, particularly in motor and home, leading to pressure on premium rates due to the US placing new tariffs on its global trading partners.
Meet the MGA: Optio Underwriting
With an aim to be the most admired global specialty MGA, Optio Underwriting group CEO Deepak Soni outlines how it attracts top talent, plans to mix organic growth with M&A and discusses the importance of having a PE backer that understands the subtle…
Iprism grows again with a 21% boost in 2024
Managing general agent Iprism Underwriting Agency grew 21% in the year to 30 June 2024, building on the 16% achieved the year before, and is eyeing up further expansion in 2025.
Zurich targets £250m of GWP after extending relationship with MGA
Zurich UK has extended its capacity agreement with Plum Underwriting for a further five years, with ambitions to reach £250m GWP over the term.
Brown & Brown buys Edinburgh-based MGA
Brown & Brown Europe has bought niche construction sector property and complex liability programmes specialist Premier Commercial.
Bristol regional review: Strong outlook with ‘vibrant economy’
Insurance experts in Bristol have a strong outlook about growth in the city as they highlight its “vibrant economy”, with investments to provide both insurers and brokers opportunities, Rosie Simms explores.
Howden and Aviva join up on renewable energy
Howden’s power and renewable energy team has launched a UK quote and bind platform.
London market wholesale broker launches construction division
Evolin Broking has launched a construction division with the appointment of Steve Downing as head of construction.
Broking Success: Bletchley’s Angela Irvine
Angela Irvine, sales director of Bletchley, outlines how the Birmingham-based broker is looking to build on its solid foundations whilst its independent status is unlikely to change anytime soon.
AbbeyAutoline buys Coleraine-based Wallace Insurance Brokers
AbbeyAutoline has bought the customer book of business of fellow Northern Ireland firm Wallace Insurance Brokers in its third deal of the year.
Konsileo seals £8m fundraise
Top 100 insurance broker Konsileo has completed an £8m fundraise to accelerate its expansion across the UK, Insurance Age can reveal.
FCA bans broker and issues £1.1m fine for misusing insurer funds
Leigh Mackey, formerly sole director of closed broker Inspire Insurance Services, has been banned by the Financial Conduct Authority and fined £1.1m after using insurer funds to support the firm’s operating costs and pay for personal living expenses.
Lloyd’s start-up buys regional broker following PE investment
Start-up Lloyd’s broker SRT & Partners has acquired regional corporate player Read Hunt following investment by BP Marsh.
Broking Success: Service is key
Jamie Coyne, managing director of Fenchurch Insurance Brokers, and Carol Bridgland, associate director, look to hit the £20m GWP milestone in 2025, with the broker having grown quickly in the past two and a half years.