Broker
IPT hits record £8.1bn in 2023/24
Insurance Premium Tax receipts totalled a record £8.15bn in 2023/24, up 11.4% on the year before, HMRC has confirmed.
Biba Conference 2024 countdown: Addresscloud’s Simon De La Hoyde
The latest in our Biba Conference countdown series sees Addresscloud sales director Simon De La Hoyde recommend filling your diary before the event, praise Chris Hoy’s keynote from 2013 and share his Manchester musical playlist.
Intellectual property – how can brokers help clients insure the intangible?
There is more intellectual property in existence today than ever before – and its value is growing at a faster rate than physical assets. Martin Friel explores what products exist to help brokers protect their clients’ intangible assets and why SMEs are…
Imarket grows to five live broker systems with Bravo Digital Trader
Polaris has added Bravo Digital Trader as the fifth broker system to use imarket, joining its portfolio of Acturis, Applied, Open GI and SSP.
Aon and NFP deal expected to close on or around 25 April
Aon’s $13.4bn (£10.6bn) takeover of NFP is expected to close on or around this Thursday, the global giant has confirmed.
Biba Conference 2024 countdown: Flood Re’s Kelly Ostler-Coyle
For today’s Biba Conference countdown Kelly Ostler-Coyle, head of communications at Flood Re, remembers the puppies in the wellbeing zone and teases the grand unveiling of its new interactive property flood resilience model.
Hedron CEO Haggart eyes-up offering branded products
Chris Haggart, CEO of Hedron, intends to offer branded products drawing on the strength of the partnership with Broker Insights it entered into last year.
People Moves: 15 – 19 April 2023
Stay in the loop with the latest insurance personnel moves.
First fall in car premiums for over two years
Comprehensive car insurance premiums fell by 5% in the first three months of 2024 after nine consecutive quarters of rises, according to the latest research from Confused/WTW.
Biba Conference 2024 countdown: iprism’s Brad Harmer
In the latest in our series of Biba previews, Brad Harmer, chief commercial officer at iprism, teases a digital challenge on its stand and why he won’t be missing astronaut Tim Peake’s speech.
Three quarters of brokers still concerned about underinsured clients, claims Aviva
According to Aviva’s latest Broker Barometer survey, 73% of brokers are concerned that some of their clients may be underinsured as just 24% of brokers’ clients had increased their sums insured to an adequate level.
Broking profits fall at Saga
Underlying profit before tax in Saga’s insurance broking arm fell to £39.8m for the year ended 31 January 2024, compared with £71.5m in the previous period.
Alan Boswell seals deal for taxi and driving school specialist
Alan Boswell Group has bought The Insurance Centre, a Norwich-based insurance broker with expertise in taxi and driving schools insurance.
US fronter Hadron set to onboard first UK MGA in Q2
Altamont-backed hybrid insurer Hadron is aiming to change the reputation of fronters to businesses that priortise sensible and measured underwriting rather than just scale.
Biba Conference 2024 countdown: CFC’s Pat Brice
As we continue our Biba Conference series, Pat Brice, distribution director at CFC, promises socks on its stand, and reflects on the post-pandemic buzz of the event, encouraging first-timers to step back and absorb their surroundings.
Sutton reveals 25% growth in Acrisure sale year
Sutton Group grew turnover by 25% to £21.1m in the year it was snapped up by Acrisure.
Broker Paratus & Partners launches to focus on energy price risks
Paratus has launched its insurance broking division Paratus & Partners which offers energy price risk broking expertise.
Ex-RSA leader Mandy Hunt joins Clear as MGA MD
Clear Group has appointed Mandy Hunt as managing director of its managing general agent business.
Jensten to invest £1m in fledgling brokers through Coversure
Jensten Group will invest up to £1m to help 15 people to start their own brokers this year, with investments made through Coversure.
Shire Insurance returns to Ecclesiastical for vet schemes
Veterinary sector specialist broker Shire Insurance has teamed up again with Ecclesiastical on all schemes business after a two-year hiatus.
JMG strikes its biggest deal of 2024 with BQI swoop
JMG Group has bought BQI Insurance and sister company BQI Protection.
Biba Conference 2024 countdown: Applied Systems’ Tom Needs
An advocate of not leaving the Biba Conference early and of the benefits of automation, Tom Needs, CEO of Applied Systems Europe, outlines his thoughts ahead of the upcoming event.
Cowens appoints Mark Wilson as MD
Midlands-based broker Cowens Group has named Mark Wilson as managing director of its general insurance division.
Biba launches electric car scheme
The British Insurance Brokers’ Association and Novo Insurance have launched a motor insurance scheme tailored for electric cars in the UK market.