Financial lines
Rates rises slowed across UK insurance towards end of 2022
The pace of rate rises across UK insurance slowed down towards the end of last year, increasing by just 4% in the fourth quarter, according to Marsh specialty and global placement data.
David Howden hails double digit UK organic growth and promises more buys
Howden Group CEO, David Howden, has praised the “very strong” and “across the board” organic growth in the business’ UK “pillars” as he revealed the progress at Aston Lark and A Plan.
QBE launches new financial lines product
QBE Europe has launched a new warranty and indemnity product due to increased mergers and acquisitions.
Meet the MGA: Specialty MGA
With a USP of providing brokers and their clients with "immediate and predictable answers," Specialty MGA UK’s chief underwriting officer Philippe Bara outlines his plans for the new business.
Markel merges cyber and financial lines divisions
Markel International is to merge its professional and financial risks division with its recently expanded cyber team.
People Moves: 14-18 November 2022
Stay in the loop with the latest insurance personnel changes.
People Moves: 7-11 November 2022
Keep up to date with the latest insurance personnel moves.
Marsh reports easing of UK commercial pricing rises
Commercial insurance pricing in the UK rose by 7% in the third quarter, according to research by Marsh.
HDI streamlines specialty lines single risk underwriting
HDI Global Specialty UK has introduced a new structure in underwriting with six divisions or ‘pillars’ within its single risk business.
People Moves: 5-9 September 2022
Keeping you up to date with the latest insurance moves.
C-Quence adds excess D&O product
Digital managing general agent C-Quence has added excess D&O to its financial lines product range.
Property pricing up 6% in Q2
Insurance pricing in the UK increased by 11% in the second quarter of the year but this was down on the 20% rise in Q1 of 2022, according to the latest research by Marsh.
MGA Fusion Specialty expands in UK
SME focused M&A and financial lines specialist managing general agent Fusion Specialty has launched Fusion Specialty UK.
Nexus Underwriting unveils financial lines division
Managing general agent Nexus Underwriting has launched Nexus Frontier.
Kentro Group records GWP growth of 19% in 2021
Kentro Capital grew gross written premiums by 19% to £367.4m in 2021 generating £53.1m of turnover, up 21% on 2020.
Landmark Underwriting makes two buys
Landmark Underwriting has revealed its first two deals after raising debt financing through SME lender BOOST&Co.
Property pricing up 9% in Q1
Insurance pricing in the UK increased by 20% in the first quarter of the year but this was down on the 22% rise in Q4 2021, according to the latest research by Marsh.
PIB snaps up international wholesale specialty broker Guest Krieger
The London Market broker writes specialty business mainly emanating from Israel but also from more than 30 other countries.
Q&A: Mike Keating – MGAA CEO
Ahead of the Meet the MGA event which takes place on 30 March in Birmingham, Mike Keating explains the value of MGAs to the broker space.
Broker Satisfaction Survey: Aviva triumphs in Financial Lines
With little between the top three, and plenty of praise for a range of providers, brokers have shown that the financial lines sector abounds with healthy competition.
Have your say on the financial lines market
Who are the best financial lines providers? What are the challenges? Complete the Broker Satisfaction Survey today.
Pen extends links with QBE for £300m capacity deal
The long term agreement is for three years and covers a range of sectors.
How can brokers help financial institutions protect against insolvency and regulatory failures?
In depth: Rachel Gordon explores how specialist cover can protect financial institutions as the risks are exacerbated by the pandemic.
Howden buys boutique broker, Ross Insurance Group
The business, based in Surbiton, specialises in financial and construction risks.