Marine
Broker hits double figures with Cornwall branch opening
Brunel Insurance Brokers has opened its 10th UK office, located in Hayle, Cornwall.
Noble Insurance Group to buy Caravanwise
Noble Insurance Group, home to a portfolio of specialist brokers, has signed up to buy camping and leisure market specialist Caravanwise.
Aviva leans into digital with enhanced freight liability insurance launch
Aviva Global, Corporate and Specialty has rolled out freight liability insurance on Acturis for the first time alongside making the enhanced version available on Fast Trade.
UK brokers and MGAs rebranded ‘to drive scale’
HW Kaufman Group has unveiled plans to consolidate its broking and underwriting brands outside of North America.
Hiscox launches cargo API
Hiscox has launched a cargo application programming interface-based solution, available through broker partners for underwriting small cargo and stock throughput risks.
French broker opens in the UK as it approaches 180 year anniversary
French insurance broker Filhet-Allard Maritime has expanded into the UK opening a London office.
Liberty Specialty Markets creates director of UK retail role in restructure
Liberty Specialty Markets has named Dermot Walsh, currently head of commercial property, as director of UK retail.
Miller completes AHJ buy
Miller has completed the acquisition of AHJ Holdings, the ultimate parent company of Alwen Hough Johnson and AHJ Europe.
Markel to buy London-headquartered marine MGA
Markel has inked a deal to buy specialist marine managing general agent The MECO Group.
Ripe completes GJW Direct buy
Ripe has bought boat insurance specialist GJW Direct from Munich Re Specialty.
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…
US consolidator completes first overseas deal with UK MGA buy
Bishop Street Underwriters has completed its acquisition of Landmark Underwriting, a specialty-focused managing general agent based in London.
Broking Success: Personable service
David Walton, senior director of commercial specialist broker Bromwall, is aiming to double turnover in five years, as the business looks to remain independent offering personable service.
IQUW launches ports and terminals product
IQUW has launched a ports and terminals product, with the insurer claiming it will help brokers and clients manage their risks with cover for physical loss or damage to marine property and cargo handling equipment, business interruption and third-party…
Specialty insurer becomes latest Lloyd’s entrant with Syndicate 1984
Convex Group, the specialty insurer and reinsurer, has received in principle approval to launch Lloyd’s Syndicate 1984, which will start underwriting in April 2025.
Miller signs up to buy AHJ
Miller has struck a deal to buy UK headquartered Alwen Hough Johnson, a reinsurance broker that also places business in a number of niche insurance lines.
New Ripe CEO eyes up deals and four product launches in 2025
“The challenge that I’ve taken on, and I’ve mapped out, is both organic growth maintained in double digits and a healthy amount of growth coming through new products,” Ripe CEO Alan Thomas has told Insurance Age.
PE-backed US consolidator buys London-based MGA
Landmark Underwriting has been acquired by Bishop Street Underwriters, a US-based MGA consolidator and incubator backed by RedBird Capital Partners.
People Moves: 28 October – 1 November 2024
Follow the latest insurance personnel moves.
Clear seals largest deal with £76.2m “transformational” swoop for Lloyd’s broker
Clear Group has entered the wholesale Lloyd’s broker space with what it has described as the “transformational deal” for Lilley Plummer Risks - a marine and property specialist.
