Broker
Brokerbility adds Cass-Stephens Insurances as member
Gloucester-based Cass-Stephens Insurances has joined Brokerbility, switching across from Bravo Networks.
Confidence on growth stays stable as regulation remains to the fore
Around nine in ten leaders continue to feel upbeat about growth prospects for the second quarter of 2025, according to the latest findings in the KPMG UK Financial Services Sentiment survey.
Sporting Sponsor: Acrisure and Nottinghamshire County Cricket Club
Insurance Age caught up with Mark McIlquham, CEO of Acrisure UK, to find out more about the business’s sponsorship of the Nottinghamshire County Cricket Club.
People Moves: 24 – 28 March 2025
Keep up to date with the latest insurance industry personnel moves.
Ardonagh posts 8% organic growth for 2024
The Ardonagh Group has declared a 24% rise in reported income to $1.98bn (£1.53bn) in 2024, a year it completed 68 acquisitions around the world.
Ardonagh December 24 raise measured at $2.5bn – report
Ardonagh will bring in up to $2.5bn (£1.94bn) from investors to be used for its growth plans including acquisitions, according to Bloomberg.
Experts hail proportionate regulation in FCA five-year strategy
The Financial Conduct Authority’s strategic plan for 2025-2030 is “expansive and broad”, but the initial impression is positive, “particularly on the noises the FCA has made around proportionate regulation”, according to Jill Hambley, managing director…
Bayles to lead Bravo Networks as MD Bennett moves to Towergate role
Bravo Networks managing director Scott Bennett has moved to be branch director for Towergate in Manchester with Phil Bayles covering at the network on an interim basis.
TBIG starts 2025 M&A push
Beam Insurance Solutions, part of The Broker Investment Group, has bought Bridgnorth-based KDH Insurance Brokers.
Howden grows employee benefits business with Barnett Waddingham purchase
Howden has agreed to buy pensions and employee benefits consultancy Barnett Waddingham, doubling its staff in the sector to almost 4,000 with £500m of global revenue.
FCA to consult on removing minimum training and development hours in insurance
The Financial Conduct Authority will open a consultation this summer including on the definition of SME used in the insurance market as part of its ongoing review of Consumer Duty rules.
Access Insurance seals first acquisition since Benefact Group investment
Benefact Group-owned charity specialist Access Insurance has sealed its fourth acquisition with a swoop for Chesterfield-based broker Ladbrook Insurance.
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.
Patston named Touchstone MD as Roe retires
Mike Patston has been promoted to managing director of Touchstone Underwriting following the retirement of Alan Roe.
Broker hails ‘financial firepower’ and ‘skillsets’ of PE partner after selling minority stake
Berry Palmer & Lyle, the specialist credit and political risk insurance broker, has announced today that it has secured investment from private equity firm Preservation Capital Partners.
H.W. Wood rebrands to HWS Specialty after sale to Steadfast
London-headquartered specialist wholesale broker H.W. Wood has rebranded to HWS Specialty after being snapped up by Steadfast Group.
Broker confidence in non-standard market waning, says Prestige
Managing general agents remain pivotal in non-standard but there are “mixed signals” in broker confidence, according to a survey by Prestige Underwriting.
Blog: Starting gun fired on JMG deal
The question isn’t so much who would want JMG – because frankly who wouldn’t – as what type of deal is coming? Emmanuel Kenning ponders the options.
People Moves: 17 – 21 March 2025
Stay in the loop with the latest insurance personnel moves.
Gallagher promotes Smith to broking and placement MD
Gallagher has promoted Stephen Smith to managing director of broking and placement for its UK & Ireland retail division.
Howden buys Scottish broker
Howden Scotland has bought Edinburgh-based SKB Independent Insurance Brokers.