Broker
Biba service tops 40,000 at five-year signposting anniversary
The British Insurance Brokers’ Association’s signposting service has received 41,330 enquiries from people with pre-existing medical conditions and disabilities seeking protection insurance, the trade body has confirmed.
Liiba seeks to quantify London brokers value to global economy
A trade body has launched a project to quantify the monetary value of London’s brokers to the global economy.
Worcester broker adds third office with latest buy
Hazelton Mountford has acquired the White Knight Group’s insurance book of business.
PIB enters another country with latest European buy
PIB Group has entered the Portuguese market, its 11th territory, through the acquisition of Vitorinos Group, a broker with business volume of €80m (£67.8m) in managed premiums.
Pollen Street backed Pivotal Growth buys Northern Irish broker
Pivotal Growth, which is backed by Markerstudy investor Pollen Street Capital, has bought Business Protection Solutions (UK) in Northern Ireland.
People Moves: 13 – 17 January 2025
Stay in the loop with the latest personnel moves in insurance.
Half of brokers struggle to recruit those aged under 30
Two thirds of brokers (64%) claim recruiting young talent is a strategic challenge for their business, according to research by Ecclesiastical, Insurance Age can reveal.
Biba makes manifesto commitments on tackling evolving risk of flood
The British Insurance Brokers’ Association has made specific commitments on the “significant and growing risk” for both personal and commercial customers from flooding, as it unveiled its 2025 manifesto.
Analysis: Fortune favours the bold – Is 2025 a ‘golden opportunity’ to join the M&A bandwagon?
With deals at an all-time high – but shrinking in size – and with the established consolidators becoming more picky, could 2025 be the perfect time for smaller brokers to start buying? Jonathan Swift mulls the hypothesis.
Ex-Ageas boss Boisseau joins Howden as NED
Former Ageas leader Francois-Xavier Boisseau has been appointed as chair of Howden’s UK and Ireland retail board, taking up the post this month.
Economic Secretary Emma Reynolds supports calls for proportionate regulation
At the British Insurance Brokers’ Association manifesto launch Economic Secretary to the Treasury Emma Reynolds stated regulation “must be proportionate”.
Manifesto 2025: A ‘golden opportunity’, says Biba
The British Insurance Brokers’ Association has unveiled its 2025 Manifesto, titled ‘Partnering to deliver value’, labelling the year as a golden opportunity on regulation.
Broker optimism on the up in fleet
Direct Commercial’s latest broker barometer has found 56% of brokers experienced difficulties in securing coverage for smaller fleets in the last quarter, a slight improvement from 60% earlier in the year.
UK car insurance premiums see biggest annual fall in more than 10 years
For the fourth quarter in a row comprehensive car insurance premiums have dropped in price, according to the latest Confused and WTW research.
Premium finance: industry welcomes Supreme Court appeal and hopes for clarity
As evidenced by differing actions by premium finance specialists in recent months there are differing views in the market, but the hope remains that a Supreme Court case on motor finance, to be heard on 1-3 April, can help to bring clarity.
CEO Dave Clapp sets £400m target for The Broker Investment Group
The Broker Investment Group is aiming for 10 deals this year and double-digit organic growth to help reach its new target of £400m of gross written premium by the end of 2028, Insurance Age can reveal.
Brown & Brown rebranding 100 brokers
Brown & Brown is rebranding approximately 100 brokers as it unifies its UK retail broking operations in the first quarter of 2025.
Acorn Group buys telematics specialist MyPolicy
Merseyside-based Acorn Group has bought MyPolicy, a telematics insurance broker specialising in young drivers and low mileage drivers.
MarshBerry: Labour CGT change sees 2024 hit deal record after 41 buys in Q4
The final three months of 2024 saw the second highest number of quarterly broker deals, according to the latest M&A market update from MarshBerry.
People Moves: 2 – 10 January 2025
Follow the latest insurance personnel moves.
Brown & Brown Europe reveals final deal of 2024 with Hampshire broker buy
Brown & Brown Europe rounded off 2024 with a swoop for Hampshire-headquartered Addingstone Insurance Solutions, Insurance Age can reveal.