Broker
AA Insurance Services switches to CDL from inhouse legacy system
AA Insurance Services has gone live on CDL Strata, kicking of a phased programme to migrate about two million car and home policies, Insurance Age can reveal.
GRP enters pet market as it bolsters digital broker Insync with deal
Global Risk Partners has moved into the pet insurance market buying Petsmedicover, trading as VetsMediCover.
Opinion: From AI to ChatGPT - adapting cover to match the ever-evolving cyber risks
The technology and telecommunications sector is far from immune to cyber attacks, says Mark Armstrong, class manager technology at CNA Hardy, as he explains how the constantly evolving world of technology is attracting the attention of cyber hackers.
Aon expands with ex-Aviva and Ardonagh leader Graeme MacMillan
Aon has named Graeme MacMillan as chief broking officer for Commercial Risk Solutions in the UK, starting in the newly created role on 1 November.
MGA bolsters team following resignations amid Ardonagh staff interest
Managing general agent Mercia Underwriting says it has bolstered the team after a number of staff resigned from positions.
My Perfect Broker Week: Gallagher’s Debbie Moss
To tie in with the first-ever UK Broker Week, we asked our speakers to outline what their perfect working week would look like. Here are the answers from Debbie Moss, the managing director of Coventry for Gallagher.
Ghost broker sentenced after pocketing £302,000
A ghost broker who charged more than 900 motorists up to £300 each for fraudulent motor insurance policies has been sentenced.
UK commercial hardening drops to 1%
Insurance pricing in the UK commercial market rose by only 1% in the second quarter of 2023, according to Marsh, its lowest rate since Q4 2018.
Abacai CEO Mark Wilson resigns as director as DLG/M&A speculation ramps up
A trio of co-founders at private equity-backed insurtech Abacai Technologies, including former Aviva Group CEO Mark Wilson, have resigned as directors, Insurance Age can reveal.
Biba adds Sparkes and Chapman to board
The British Insurance Brokers’ Association has unveiled a pair of appointments to its main board and broadened access to it.
Clear unveils 10% organic growth for 2022 and £51m broker buy costs
Clear Group grew revenue by 26% to £56.7m in 2022 driven by 10% organic growth and five acquisitions.
My Perfect Broker Week: Seventeen Group’s Paul Anscombe
To tie in with the first ever UK Broker Week, we asked our speakers to outline what their perfect working week would look like. Paul Anscombe, the CEO of Seventeen Group, shares his thoughts.
‘A major breakthrough’ – ChatGPT bots to revolutionise broker customer service
Ignite Insurance Systems has launched a super-advanced artificial intelligence bot to answer insurance customer queries. Technology enthusiasts believe this is the start of an AI-powered chatbot revolution in dealing with customer interactions. But this…
Gallagher's organic growth hits 11%
Gallagher has posted 11% organic growth for the second quarter of 2023 in its UK & Ireland retail division.
Clear Group adds third MGA with Profile Risk Solutions buy
Clear Group has bought specialist commercial lines managing general agent Profile Risk Solutions, trading as Profile Underwriting, adding its third MGA in a month, Insurance Age can reveal.
Somerset Bridge Group turnover flat but losses narrow in 2022
Operating profit from Somerset Bridge Group’s broking arm, which includes GoSkippy and Vavista, fell in 2022 by 18% to £2.7m.
People Moves: 24 – 28 July 2023
Stay in the loop with the latest insurance personnel moves.
Tysers launches division targeting global entertainment industry
Tysers has gone toe-to-toe with Howden with the launch of Tysers Live, a new division dedicated to servicing the needs of the global entertainment industry.
Gauntlet launches ‘try before you fly’ AR option
The Gauntlet Group has launched a new ‘try before you fly’ option for people looking to become an appointed representative of the network, Insurance Age can reveal.
Motor specialist Lucida posts second year of double-digit growth
Motor specialist Lucida Broking Holdings grew turnover in continuing operations by 28% in 2022 to £47m, according to a filing at Companies House.
Drone MGA Moonrock to target brokers after getting FCA authorisation
Drone insurance specialist managing general agent Moonrock is to up its efforts to court the broker market after receiving full authorisation from the Financial Conduct Authority today, Insurance Age can reveal.
Interview: Chris Withers, Ecclesiastical
There is disruption in the schemes market and Ecclesiastical is taking advantage, says Chris Withers. Investment is being ploughed into its schemes, an important part of the insurer’s growth plans.
Lloyd & Whyte confirms 2022 deals spend
Lloyd & Whyte struck six deals in 2022 as turnover grew to £28.4m.
Only 32% of SME brokers understand ESG aims – CII research
Fewer than a third of staff at small brokers understand the environmental, social and governance (ESG) goals of their firm, according to the research from the Chartered Insurance Institute.