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Rise in IPT would put greater strain on brokers trying to reduce underinsurance

With the Autumn Budget set to be released tomorrow (30 October) by the UK government, the question over whether insurance premium tax will be increased lingers as industry practitioners weigh in.

By Rosie Simms

Clear seals largest deal with £76.2m “transformational” swoop for Lloyd’s broker

Clear Group has entered the wholesale Lloyd’s broker space with what it has described as the “transformational deal” for Lilley Plummer Risks - a marine and property specialist.

By Jonathan Swift

Coalition adds another insurer to its UK capacity panel

Cyber specialist insurer Coalition has announced that US insurer The Hartford has joined its panel of UK capacity providers.

By Insurance Age staff

Start-up broker Native aims to tackle digital asset underinsurance after £2m seed raise

A new London-based specialist digital assets insurance broker called Native has launched today.

By Insurance Age staff

Ripe continues senior recruitment drive with CUO appointment

Ripe has appointed David Rowntree as chief underwriting officer, the latest senior hire the digital managing general agent has made in recent months.

By Rosie Simms

Mid-market boss Lyons wants Zurich to become a “nuisance” to rivals

Morgan Lyons, head of mid-market at Zurich, is looking to grow in the smaller mid-market space and become a “nuisance” to its competitors.

By Rosie Simms

Addept signs distribution deal to bolster broker landlord offering

Addept Insurance Services has today announced an exclusive broker distribution deal with Title Guardian, a 24/7 digital anti-fraud property and identity monitoring tool.

By Insurance Age staff

OneBefore partners with Pulse on medical tourism travel insurance

Managing general agent OneBefore has launched Pulse Globetrotter – Medical Travel Insurance, a medical tourism travel insurance, in partnership with specialist insurance provider, Pulse Insurance.

By Rosie Simms

Ex-Open GI duo launch digital marketplace for brokers

A pair of Open GI veterans have teamed up to launch what they describe as a “leading digital insurance marketplace", offering insurance brokers a "unique opportunity to acquire exclusive access to online leads”.

By Insurance Age staff

Insight

Anscombe, Thomas Carroll and Konsileo among the winners at UK Broker Awards 2024

Thomas Carroll Group scooped the Broker of the Year award, and Seventeen Group CEO Paul Anscombe won the Achievement Award, at the UK Broker Awards last night in Birmingham.

By Insurance Age staff

The general insurance sector in Glasgow – a dynamic market thriving in competitive times

As with many markets Scotland’s general insurance hub Glasgow has seen consolidation but Martin Friel notes both brokers and insurers are buoyant about the opportunities, with local empowerment key to success.

By Martin Friel

Interview: JMG’s Nick Houghton – Painting the broking picture

JMG boss Nick Houghton prefers lists over spaghetti structures. He shares his passion for art, his approach to building the lauded Leeds-headquartered business and his route into insurance as well as the broad strokes of what comes next.

By Emmanuel Kenning

Experts say industry is improving on fair value despite FCA criticism

The Financial Conduct Authority’s findings that brokers are still struggling to provide evidence that their remuneration is consistent with fair value rules has sparked mixed reactions among people working in the sector. Ida Axling explores the fallout in more detail.