Product
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…
Moonrock launches drone product liability cover
Managing general agent Moonrock Drone Insurance has developed drone liability cover to protect manufacturers in the event of the devices causing harm to the public.
MGA brings together five businesses under one brand
Dual Group has rebranded a collection of its UK MGA businesses under a single identity.
Mosaic launches combined general and environmental liability cover
Mosaic Insurance has launched a combined environmental product that merges primary commercial general liability with a suite of added pollution and professional coverages, available to retail and wholesale brokers.
Market Movement Index: Brokers cutting agencies to focus on fewer insurers
Analysis from Broker Insights shows brokers are consolidating agency numbers and ending relationships with smaller, less useful, insurers. Rachel Gordon breaks down the data.
MGA Aspect expands in property with more products promised for brokers
High-hazards mid-market specialist managing general agent Aspect has rolled out a broader range of product capabilities and a brand refresh.
Howden and Aviva join up on renewable energy
Howden’s power and renewable energy team has launched a UK quote and bind platform.
ZPC extends high net worth wordings and reaffirms growth appetite
Kevin Morton, head of Zurich Private Clients, has committed to brokers that the business is in the high net worth market for the long-term as he unveiled a raft of policy enhancements in motor and home wordings.
TMHCC hands Heath new distribution head remit
Tokio Marine HCC has promoted its head of delegated property Stuart Heath to the role of head of distribution – International.
Schemes growth planned as Brokerbility MD Dunn given group role at Clear
Brokerbility managing director John Dunn has been handed a new broader remit as part of the parent Clear Group’s efforts to grow its schemes business.
Hiscox hires from rival to launch new FI offering
Hiscox has launched a new financial institutions offering, headed up by Joe Dearsley who has joined from Liberty Specialty Markets.
SSP Broker adds 10 insurer schemes in 2024 with 10 more planned this year
Managing director Martyn Mathews has targeted adding 10 insurer schemes onto SSP Broker this year, matching the achievement last year.
Tributes paid following the passing of ‘one of the great characters’, Mike Slack
Former British Insurance Brokers’ Association board member and managing director of specialist motor trade intermediary Road Runner, Mike Slack, has died.
Hedgehog Risk seeks new markets after securing US investment
SIG Insurance has acquired a substantial stake in specialist sports and prize insurance provider, Hedgehog Risk.
CFC adds property damage to large line cyber product
CFC has added property damage to its large corporate cyber proposition, stating the move came in response to broker demand and addressed a gap in the market.
Open GI continues investment in technology and AI
Simon Badley, CEO of Open GI, is looking for the business to become a “technology partner”, as it makes continued investment in technology and AI to give its brokers a competitive advantage.
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.
Broking Success: Growing regional presence
Financial Affairs CEO Laurence O’Connor looks to grow the business ten fold three years ahead of schedule, after making four acquisitions in 18 months.
ARMD secures five-year Accelerant capacity
ARMD, a managing general agent for tradespeople, has entered a five-year capacity agreement with Accelerant’s Risk Exchange.
Organ plans to triple Jensten’s GWP over 3–4 years as refinancing gathers pace
Rob Organ, CEO of Jensten Group, is targeting £1.5bn in gross written premium within three to four years, more than triple what it has now, with a refinancing on the horizon.
Hiscox HNW head Holmes exiting for new broker role
Nicola Holmes, the head of broker in Hiscox’s art and private clients division, is to depart the business to pursue a new opportunity at an as yet unnamed intermediary, Insurance Age can reveal.
CFC launches new solution for small media production houses
Specialist insurer CFC has launched a multi-year insurance solution specifically designed for smaller media production companies.
Insurtech enters new product vertical after broker tie-up
Broker PJ Hayman has teamed up with Urban Jungle to offer travel insurance to the insurtech’s home policyholders.
Keys Premium Finance partners with Touchstone
Keys Premium Finance has partnered with Touchstone Underwriting, Insurance Age can reveal, to bring products and personal service to brokers.