Start-ups
US insurer to target new brokers with company market play
Westfield Specialty International has announced plans to expand its business from a Lloyd’s-only vehicle into the company market.
Hadron confirms 10 MGA deals as its nears £200m UK GWP
Hybrid carrier Hadron has today revealed plans to enter the European Union after confirming it expects to end 2025 with over £200m in gross written premiums in the UK.
Ex-Covea managers to launch new commercial combined MGA
Accelerant-backed MGA incubator Mission has announced that it has reached an agreement to support a new team launching a UK commercial combined MGA in Q4 2025.
Top 100 UK Insurance Brokers 2025: Analysis
The big getting bigger, mid-tier brokers seeking M&A opportunities and a raft of start-ups. John Needham, a partner in the financial services team at PKF Littlejohn, picks through the trends in the 2025 Top 100 UK Insurance Brokers.
Ex-Tempcover team launch new short-term insurance broker Covertime
A team of senior ex-Tempcover employees has formally re-entered the UK insurance market with Covertime, a new start-up broker focused on short-term cover.
Brunel launches specialist tech broker
Brunel Group has launched BrunelTech, a specialist broker for the technology industry.
BP Marsh invests in PI broker and MGA start-up
BP Marsh & Partners has invested £2m in Salus Capital Partners, taking a 35% stake in the start-up insurance group specialising in professional indemnity.
Ex-Partners& and Gallagher boss helps launch new motor trade broker
The Independent Garage Association has launched RMI Insurance Services, a fully authorised insurance broker owned by the Retail Motor Industry Federation.
Ex-Das leadership duo return with new MGA Elevate Specialty
A pair of former Das bosses have launched a new consumer-focused full stack MGA.
AI insurance broker launches backed by Aviva
Meshed, an artificial intelligence insurance broker, has launched following a pre-seed funding round of £950,000, backed by Aviva via Founders Factory and venture capital funds Haatch, along with angels.
Aon launches Accelerate Programme for growing UK businesses
Aon has launched an Accelerate Programme designed with technology start-ups and scale-ups in mind, delivered by a dedicated team.
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: 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…
Jensten’s £1m investment in fledgling brokers, one year on
Jordan Maskell, network director at Jensten Group, has updated Insurance Age one year on from the announcement of its plans to invest up to £1m through Coversure to help people start their own brokers.
Newbie News: CastleBridge Risk Solutions
CastleBridge Risk Solutions founders, Tim Grant and James Dunsby, tell Insurance Age how the business will focus on service, the importance of relationships, and all about its partnership with Cornerstone Finance Group and Imperial Chartered.
New commercial broker Monteith launches with £1m target in first three months
Scott McLuskey has launched Monteith Corporate Risk with offices in Glasgow and London targeting £1m of premiums in its first three months of trading.
Start-up broker to launch in Q3 targeting motor
Pizza, a start-up insurance broker, is set for its consumer launch in the third quarter of 2025.
MGA appoints Stuart Reid as chair
Specialist business health insurance MGA Equipsme has appointed Stuart Reid as chair of its board.
Momentum increases revenue 21% in 2024 as it grows financial support for members
Appointed representative network Momentum hit £97m gross written premiums last year growing 21%, as founder and managing director Howard Pepper looks to continue financial support for its ARs following AUB investment.
McCarron Coates appoints first AR
Leeds-based McCarron Coates has added its first appointed representative with start-up broker Kentaro but flagged it has no plans to build an AR network.
The last question – is the end of UK M&A consolidation nigh?
With brokers of scale being acquired faster than new start-ups are appearing, Lee Anderson, group deputy CEO, Specialist Risk Group, asks if it is inevitable that UK M&A will grind to a halt?