News/Commercial
Travel insurance broker goes into liquidation
Michael Pettifer Insurance Brokers, trading as MPI Brokers, went into creditors’ voluntary liquidation on 21 November, the Financial Conduct Authority has confirmed.
£40m GWP broker eyes first acquisition after securing growth funding
Lytham-headquartered Tower Insurance Brokers has secured a multi-million pound growth funding facility from TDC.
AIG adds Clifford after Neal U-turn
American International Group has appointed Adam Clifford as CEO of international commercial insurance as he rejoins the insurer in the latest leadership development since the recruitment of John Neal was called off.
Aviva partners with Percayso on data enrichment
Aviva has partnered with Percayso Inform to enhance its data enrichment capabilities, in a multi-year deal.
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Howden replaces Douglas as climate and resilience lead with new impact officer
Howden has appointed Nick Stace OBE to the newly created role of chief global impact officer.
New roles for Tonge and Grazier as Bspoke reshapes management structure
Bspoke Group has named Nick Grazier as group sales and marketing director and Wayne Tonge as group commercial managing director.
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.
Howden hires from Gallagher to target $600m space insurance market
Howden has established a new dedicated space insurance capability led by industry veteran Clive Strickland.
HSB launches hunt for new engineering MD as Dyson retires
Terry Dyson, the managing director of HSB’s engineering insurance business in the UK and Ireland, has decided to retire at the end of March 2026 after an insurance career spanning 40 years.
MGA Addept launches SME commercial legal protection solution
Addept Insurance Services has added a commercial legal protection insurance solution to its expanding portfolio of legal expense products.
Intact enhances commercial products in first move under new brand
Intact Insurance has unveiled three enhanced commercial lines products, the first to be launched under its brand in the UK.
Cyber insurer adds Deepfake Response Endorsement to policies
Cyber insurance specialist Coalition has added a new Deepfake Response Endorsement to its policies globally, including the UK, it has announced.
FCA confirms insurance rules simplification
The Financial Conduct Authority has confirmed changes to simplify its rules for brokers and insurers including ongoing training and product reviews and revealed further plans for next year.
PIB updates on progress following aborted Gallagher deal
PIB Group has revealed its M&A activity will be “exclusively centred” on Spain, Netherlands, Germany and France next year as it hailed a record 27 deals to September 2025.
Ex-Jensten duo to launch SME MGA with Mission
Managing General Agent incubator Mission has announced that it has reached an agreement to support a new team in launching Kovrilo, a UK MGA that will provide a range of commercial insurance products tailored to SME clients.
Commercial transformation boss Flynn to leave Intact UK
Intact UK’s commercial lines chief transformation director Rob Flynn is set to become the latest senior figure to leave the business in the wake of integration with NIG, Insurance Age has learned.
Clear moves into Scotland with Cairn Corporate buy
Clear Group has made its first purchase in Scotland snapping up commercial broker Cairn Corporate based in Kirkcaldy, Fife.
Consilium rolls out UK contractors all risks
Wholesale broker Consilium has launched a UK contractors’ all risks facility through its risk solutions division.
South African insurance giant gets Lloyd’s green light to trade from 1/1
Santam, Africa’s largest short-term insurer, has been granted Lloyd’s final permission to underwrite for business incepting from 1 January 2026.
Pool Re: terrorism cover should be standard commercial feature
A gathering of experts at Pool Re’s annual Market Event has called for the reinstatement of terrorism cover as a standard feature of commercial property insurance.