As the professional indemnity market continues to be beset by ever more challenges Nic Brown, of Markel UK, explains why the successful placement or renewal of cover now, more than ever, relies on strong partnerships between insurer, broker and insured.
Small firms are encountering widespread problems in their dealings with the insurance market and rising premium costs, a new report has found.
The MGA and underwriting business has experienced “significant growth” since it was created in 2019 and is open to M&A as a tool for growth according to CEO, Stuart Kilpatrick.
Nic Brown, of Markel, argues that meeting the needs of customers may have slipped as a priority for the industry during the current hardening market and rising premium inflation.
Landmark Underwriting has revealed its first two deals after raising debt financing through SME lender BOOST&Co.
SchemeServe research shows that cyber has outpaced other insurance schemes with an 87% increase in commission earnings over the past six months.
Manchester Underwriting Management has grown to just south of £70m gross written premium since being bought by Gallagher-owned Pen Underwriting, CEO Charles Manchester told Insurance Age.
One Broker has posted a 21.2% rise in Ebitda to £2.15m in its latest set of annual results driven by schemes success.
Commercial property agency Mason Owen & Partners has sold its majority shareholding in broking arm Mason Owen Financial Services and its subsidiary companies to the current management team led by managing director Andrew Gibbons.
The turmoil caused by pandemics and politics in the past two years has created an increasingly litigious landscape and served to highlight the value and benefit of legal expenses to businesses, says Tim Evershed
Todd Davison, managing director of Purbeck Personal Guarantee Insurance, assesses a particular challenge facing brokers and the solution available as the solicitors professional indemnity insurance renewal season fast approaches.
Richard Amphlett, Cox Mahon managing director, who is also the High Sheriff of Worcestershire for 2021-2022, spoke to Insurance Age about the company’s history, the challenges surrounding professional indemnity, and his plans to triple the business in…
The managing general agent has increased capacity under plans to expand its foothold across the UK professional indemnity insurance market in 2022.
The commercial usage-based broker was set up in 2020 and authorised in April last year.
Brokers are counting the cost of their own professional indemnity protection. Sam Barrett investigates.
The product is available to asbestos removers, demolition contractors, surveyors, general building firms, and allied trades.
The buy takes Pen Underwriting’s GWP up to £700m.
Deal brings 50 staff and £60m in GWP to the Gallagher-owned MGA.
According to the MGA, the policy was designed as a response to insurers’ requirements of personal guarantees for run off claims.
Managing director Richard Talbot-Jones tells Insurance Age about how the broker's recent deal for March Insurance Services came about and details his plans for the future.
Deal for Dublin-based Brassington Insurance is consolidator's sixth in the Republic of Ireland this year.
Acquisition provides further entry into Ireland and expands specialty expertise for the US headquartered business.
CEO Robert Organ highlighted how recent buy, PI specialist Insure Risk, was a good fit for the business and chats through its move to join Jensten.
Deal includes Tasker Insurance Brokers, Tasker & Partners, and Gresham Underwriting and brings £50m GWP to Jensten.