Motor
ThingCo expands into Northern Ireland with broker deal
The telematics provider has sealed a deal with independent broker association Provincewide.
Opinion: LV's Mike Crane considers the future for personal lines
LV Broker’s Mike Crane reflects on the impact of consolidation, pricing practices, trust and asks if brokers are well placed to take advantage of the developments
Devitt deal adds fresh specialism to Gallagher portfolio
Retail CEO, Michael Rea tells Insurance Age that its buy of the motor specialist has been in the offing since last summer as he targets further deals.
Gallagher buys Devitt
MD William Hughes and finance director Tony Chapman will remain with the motorcycle specialist following completion.
Freeway announces £250m deal with Sabre
The deal will stretch over five years and will see Sabre become an exclusive underwriting partner for Freeway’s MGA portfolio.
In Person: Emma Rawlinson, Atlanta CEO
Rawlinson tells Insurance Age about taking over the reins from Ian Donaldson and discusses the broker's acquisition plans and the "volatile" personal lines market.
Complete Cover Group confirms potential job losses
Motor broker says it is reviewing its approach "in line with wider market changes".
Pen extends links with QBE for £300m capacity deal
The long term agreement is for three years and covers a range of sectors.
First Underwriting eyes £130m GWP
The MGA is also looking to expand into fresh product lines following its £1bn capacity deal with Accredited.
UK car insurance premiums rose 5% in Q4 2021
Despite car insurance dropping by 6% in 2021, the final quarter of the year saw the first increases in premium since 2020.
H&H Insurance buys Tynedale broker
Tynedale Insurance Services was founded in 2015 and is based in Hexham.
XS Direct goes into run-off in Ireland
The broker confirmed that, as a result, staff at its Dublin headquarters had been informed that they would be made redundant.
Experts warn of reinsurance market crunch
Smaller players without scale may struggle with reinsurance costs going forward as issue is highlighted by the collapse of motor trade specialist Tradewise.
Motor premium drop starts to stabilise
For the first time in over a year, the cost of car insurance has increased in some UK regions while the average premium has now reached £782, Consumer Intelligence reported.
First Underwriting secures £1bn capacity from Accredited
The five-year deal with Accredited, alongside McGill & Partners, provides capacity for specialty products and will help First to diversify its product lines.
MGA Tradewise goes into administration
The motor MGA stopped writing new and renewal business on 1 January after it was unable to renew its reinsurance protection with Berkshire Hathaway.
Aviva and Prestige Underwriting agree fresh panel deal
The fresh motor and van agreement runs until 2026 and sees Prestige re-enter the non-standard motor space.
Review of the year: Covéa's Sue Coffey
Coffey discusses how the industry has risen to the challenge and worked together to navigate a difficult period while preparing for "significant" changes in regulation.
Insurance Age year in review- Steve Molloy
Steve Molly of AX reviews the year so far and tells Insurance Age what 2022 might look like.
Markerstudy Group buys family-owned Lloyd’s broker
The acquisition of Clegg Gifford will offer Markerstudy access to the Lloyd’s market, a step which it deems 'integral' to its expansion strategy.
MGA Tradewise set to close to new business and renewals
The motor specialist says it is looking for alternative solutions after being unable to renew protection with reinsurance provider Berkshire Hathaway.
Humn acquires Walsingham Motor Insurance
The fleet provider says the deal will accelerate its distribution network with brokers.
MIB appoints Mike Crane as chairman
Crane replaces Direct Line Group’s Steve Maddock, who has led the MIB board since 2014.
Motor market more uncertain than ever, says Allianz's Ross
Gerry Ross, Allianz’s head of commercial motor, tells Insurance Age all about the state of the market this year, what technology developments brokers should be looking out for, and how 2022 is shaping up.