Product
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.
Verlingue signs multi-year partnership with MGA Alps
Managing general agent Alps has extended its decade long partnership with Verlingue Insurance Brokers with a new multi-year deal.
Aviva doubles offshore renewable energy capacity to £150m
Aviva has doubled its offshore renewable energy capacity to £150m, with Roberts Proskovics appointed to lead the insurer’s renewable energy team.
Consilium launches first casualty binder and hires from Dual
Wholesale broker Consilium has launched a casualty binder for its UK division, Consilium Risk Solutions, with the exclusive broker facility backed by A-rated delegated authority capacity.
Insurtech Laka secures $10.4m in funding
London-based insurtech Laka, which bought the renewal rights to CoverCloud’s bike portfolio last year, has raised $10.4m (£7.73m) in a Series B funding round.
Liberty launches crypto protection product
Liberty Specialty Markets has launched a dedicated product for financial institutions operating in the cryptocurrency market.
Petchey: “Strong demand” in schemes gives Markel opportunity to diversify
Mike Petchey, head of schemes at Markel, is seeing “strong demand” in the market, highlighting the number of possibilities when it comes to schemes is enormous.
Markel adds pre-loss services to Cyber360
Markel has launched its pre-loss services for UK Cyber360 policyholders, to help clients minimise cyber risks.
Interview: Superscript CEO Chris Barclay
Newly appointed Superscript CEO Chris Barclay tells Jonathan Swift about its plans to enter motor, reduce the number of insurers it works with and treble in size to over £100m GWP after shaking off its insurtech tag to become a truly digital insurance…
Superscript to enter motor market as it targets £120m GWP by 2028
Digital insurance broker Superscript is gearing up to enter the motor market as it aims to treble its gross written premium to £120m in three years.
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.
Starpeak renews binder with Axa XL’s UK and Lloyd’s business
Digital distributor of specialist insurance products, Starpeak, has renewed its binder arrangement with Axa XL’s UK and Lloyd’s business, marking the 10th year of the partnership.
Cowens looks for growth in challenging market
Mark Wilson, managing director of Cowens, has targeted 15% growth in the next year but highlighted the soft market and wider economy challenges, with acquisitions not ruled out.
Atec adds four to panel for InsureMy motorhome
Atec Group has refreshed its InsureMy range of motorhome products with Axa, Sabre, Allianz and KGM joining its panel.
Policy Expert grows pre-tax profit by more than £25m as motor moves into black for first time
Policy Expert increased its profits before tax to £30.1m in the last financial year, up significantly from £4.9m, as underlying Ebitda more than doubled to £55.3m.
Aviva GCS revamps real estate and construction, including mass timber
Aviva’s Global Corporate and Specialty business has launched a new and unified ‘Real Estate and Construction’ client practice, bringing together its construction, latent defects and real estate teams.
RAC partners with telematics insurtech on connected motor products
RAC Insurance has partnered with Ticker, a telematics insurance specialist, to licence and distribute a suite of connected motor insurance products aimed at consumers.
Alps adds Financial & Legal to GAP panel
Managing general agent Alps has added Financial & Legal to its panel for Guaranteed Asset Protection insurance.
Aon claims ‘next step in predictive broking’ with AI-powered launch
Broking giant Aon has launched a proprietary, patent-pending platform that uses artificial intelligence, large-language models and predictive analytics to transform the commercial insurance placement process.
Cowbell targets cyber insurance education to increase uptake
Simon Hughes, senior vice-president of global distribution at Cowbell, looks to grow the cyber insurance market by educating brokers, as the UK team continues to expand.
Arkel rolls out landlords product on Acturis
Managing general agent Arkel has added its landlords let property insurance ‘Premier Let’ to Acturis meaning it now has products on every software house.
Folgate ramps up e-trade limit for landlords products
Folgate Underwriting has extended its landlords Acturis and extranet e-trade products to plug the e-trade gap with sums insured up to £20m.
Specialist MGA seals new liability capacity across three business lines
Specialist MGA Avid Insurance has partnered with insurer Starr to access fresh underwriting capacity.
Broking Success: One team
James Godsall, managing director of generalist broker Jukes Insurance, on bringing teams together and maintaining a high street-type presence while moving the broker to 50/50 commercial and personal lines.