Software house
End of Year Review 2025: Open GI’s Neil Hart
Neil Hart, chief sales officer at Open GI, reflects on the ‘old chestnut’ that the cheapest cover isn’t always the best and suggests ‘His Highness’ as his darts alter ego for the World Darts Championship at Alexandra Palace.
SSP enters operating profitability following sales growth and expense reduction
SSP has reported £5.05m in operating profit for the year ending 31 December 2024 putting it into the black from a £861,000 loss the year prior.
Watch Lycetts, Recorder and Yutree discuss how to unlock the full potential of schemes
Brokers are under increasing pressure to run delegated authority schemes with greater discipline, efficiency, and profitability.
Applied buys Cytora
Applied Systems has bought digital risk processing platform for the insurance industry Cytora.
Open GI adds Alps to provider suite
Open GI has partnered with managing general agent Alps, bringing add-on landlord legal and rent protection policies to the platform.
Is the broking industry really falling behind on AI adoption and innovation?
Brokers call on software houses to step up as pressure to implement AI solutions grows, especially when it comes to cost and integration. Ida Axling investigates.
Cheesbrough outlines M&A and tech plans as Movo enters ‘2.0’ growth phase
The Movo Group of Companies is poised to enter a new period of M&A activity and member sign-up following the sale of a majority equity stake to AUB in October 2024.
Interview: JP Allcock, managing director of commercial insurance at NFP Europe
NFP’s John Paul Allcock tells Insurance Age about building the broker’s UK arm from nine staff to over 300, buying and rebranding plans as well as how the business has fared since the takeover by Aon just over a year ago.
NFP moving from Applied to Acturis in UK
NFP is leaving Applied Systems for Acturis in the UK, managing director of commercial insurance at NFP Europe John Paul Allcock has revealed to Insurance Age.
Profits, revenue and R&D spend all up at Acturis in 2024
Acturis grew revenue by 14.9% to a record £165.49m in 2024 as profits went up and research and development spend also rose in a year that private equity firm Astorg boosted its investment in the software house.
CDL grows revenue but profits slip below £10m in 2024
CDL has posted a third consecutive year of falling profits after tax, with the figure standing at £9.36m in 2024.
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.
Insurers and MGAs line up to support brokers amid Applied Epic exit
Insurer and managing general agent leaders have committed to help brokers deal with the impact of Applied Systems cutting Epic from the UK market.
Brokers disappointed by Applied pulling Epic out of UK market
Insurance brokers have expressed sadness, disappointment and concerns about a hit to competition following Applied Systems withdrawing its Epic solution from the UK broker market.
Applied’s UK Epic withdrawal a “sad day” for brokers
Applied Systems pulling its Epic offering from the UK underlines how competitive the market is but is sad news for brokers and staff, according to experts.
Applied Systems confirms Epic withdrawal from UK broker software market
Applied Systems has confirmed it has completed a strategic business review and has decided to withdraw Applied Epic from the UK market after ongoing losses, as exclusively revealed by Insurance Age earlier today.
Applied Systems to pull Epic solution from UK broker market
US broker software giant Applied Systems is to withdraw its Epic solution from the UK broker market, Insurance Age can exclusively reveal.
Aviva first to launch on Acturis Unify
Aviva is the first insurer to join Acturis’ artificial intelligence and data-driven placement strategy tool Unify.
MyFirst CEO on social media opportunities and Gymshark founder taking a share
James Noble, CEO and founder of MyFirst, is aiming to create a brand every young person in the UK will know in three to five years by focusing on social media, and Gymshark founder Lewis Morgan has taken a 15% share of the business.
SSP completes 18-month cloud migration at £3m cost
SSP Broker has completed its cloud migration of more than 400 brokers after 18 months, costing the software house £3m.
The stats: Q4 2024 – Premium growth continues, but at a slower pace
The Acturis Commercial Broking Index reveals further premium increases at the end of the year, but experts predict the market is set for softening in 2025. Ida Axling reports.