Broker
A-Plan makes first deal in Wales
Watkin Davies brings £10m in GWP to A-Plan as the broker looks to grow further in commercial lines.
Fraudulent claim value goes up but detection rates also increase
ABI data shows the average fraudulent insurance claim has now reached £12,000 as the the body praises the efforts made by insurers’ fraud investigation teams throughout the pandemic.
Products - October 2021
Product news from the broking industry
Complete Cover Group’s profits dip amid transformation
Profits slip but income is steady and operating profit almost doubles as report flags the business’s £50m Abacai launch and acquisition of broker Dayinsure.
David Bruce promoted to CEO at Marsh Commercial
Bruce succeeds Anthony Gruppo who is set to retire in early 2022.
Broking success: New MD, same service
Becky Morris tells Insurance Age all about BQI Group, her transition to MD, and the company’s plans for growth
In-depth – Niche markets: Getting to grips with the gig economy
The gig economy is growing fast and extends far beyond delivery and taxi services, which are often seen as the mainstays of this sector. Edward Murray investigates how the insurance industry is responding to new ways of working and what the opportunities…
CMA launches investigation into Gallagher-Willis Re deal
The competition watchdog says it is considering whether the transaction could result in a lessening of competition in the UK.
ERS extends cover for European HGV drivers
The specialist motor provider says the move aims to support European HGV drivers coming to the UK to help fill the current HGV driver shortage and that brokers will be able to access the widened cover for their clients via ERS eTrade.
Pen and MUM lift lid on deal
The buy takes Pen Underwriting’s GWP up to £700m.
News analysis: Panic Buying 2: This time it’s petrol…
The news agenda has been dominated by images of snakes of cars leading to petrol stations as the great British public reprises its performance from the first lockdown where we saw loo roll, pasta and other essentials stockpiled. In our analysis Martin…
Ethos Broking buys again
The acquisition of Leeds-based Schofield Insurance Brokers marks the Ardonagh-owned firm's fourth deal this year.
Tysers launches fresh entertainment schemes
The two products, Tysers Freelancers and Tysers Elite, are designed to better reflect the new live events landscape and provide cover for clients who work in the entertainment industry.
Biba teams up with LifeSearch on protection scheme
Trade body says the scheme will allow brokers, on an introducer basis, to provide protection cover including mortgage, family, income and critical illness, along with key person, shareholder, business loan, relevant life protection, group life, group…
People Moves: 4-8 October 2021
Keep up to date with the latest people moves.
Pen buys Manchester Underwriting
Deal brings 50 staff and £60m in GWP to the Gallagher-owned MGA.
GRP completes deal for WTW's Northern Ireland business
The deal was announced in July and brings £65m in GWP to GRP's Northern Ireland business ABL Group.
Allianz offers free legal helpline to independent brokers
The Lawphone will operate 24 hours, every day of the week, the insurer adding that the service will provide brokers with expert advice on various legal related issues.
Aston Lark buys in Birmingham
S Johnson & Company specialises in providing insurance for the music industry and the gun trade.
Gallagher says 'goodbye' to Bollington brand
The broker, which was bought by Gallagher earlier this year, will take on its parent company's branding.
Sian Fisher steps down as CII CEO
She joined the body in 2016 and will be in post until March 2022.
MCE launches bespoke AI tool
According to the broker, the company saw 32% growth in average premium due to its investment in tech, which has now been enhanced with the roll out of a new AI tool.
Partners& takes action on National Inclusion Week
The broker says it has organised a programme of activities aimed to celebrate inclusion in the workplace.
Ardonagh promotes Donaldson to Retail CEO
The broker has named Emma Rawlinson as Atlanta CEO and promoted Ian Donaldson to the role of CEO of Ardonagh Retail.