Broker
UK General rebrands amid product shake up
UK General Insurance is set to rebrand following a decision to strip back its products and aim for a return to profitability.
Eco-friendly insurtech opens up product for brokers
Direct-to-consumer insurtech Zixty is offering brokers an eco-friendly motor product they can put on their websites for customers.
Stubben Edge sets new goal after hitting first year AR network target
Stubben Edge is eyeing up boosting its appointed representatives network to 40 after hitting its launch goals, network director Gemma Jarrett has revealed to Insurance Age.
Partners& adds two brokers
Partners& has bought Weybridge-based Richard Thompson Insurance Brokers and Leicestershire-based Regent Healthcare, Insurance Age can reveal.
Policy Expert reveals recruitment drive
Personal lines insurtech Policy Expert has confirmed plans to add 26 people across its technology, customer services and operational divisions.
Biba cancels CBI membership amid misconduct allegations
The British Insurance Brokers’ Association has confirmed to Insurance Age that it has cancelled its membership of the Confederation of British Industry amid allegations of sexual misconduct directed at senior CBI staff.
Verlingue to open Birmingham office in growth push
Verlingue has revealed plans to open an office in Birmingham by the summer as part of its strategy to expand in the Midlands and South West of England.
Brokerbility refreshes proposition to build back better
Brokerbility has launched a five-band framework as it seeks to grow its community of brokers, Insurance Age can reveal.
Covéa jobs at risk amid £145.5m loss
Covéa has been hit by an ‘unprecedented’ series of events leading to a £145.5m loss in 2022.
Momentum delivers double-digit profit and revenue growth in 2022
Appointed representatives network Momentum Broker Solutions grew revenue by 17% in 2022 to £11.69m, as profit before tax leapt 43% to £1.11m.
People Moves: 10 - 14 April 2023
Stay in the loop with the latest personnel moves in insurance.
Broking Success: Spotting a gap in the market
James Noble, CEO of My First, details how he started the broker because he noticed a gap in the motor market for first time drivers who needed guidance when searching for the right cover.
Lloyd’s joins Biba as a partner
Lloyd’s has become the 21st partner of the British Insurance Brokers’ Association.
GRP buys West Midlands broker
Global Risk Partners has acquired 100% of the share capital of Thompson and Co (Risk Solutions) Holdings.
Ecclesiastical urges brokers to help HNW clients protect their home offices
Ecclesiastical has warned that with rising inflation and the cost of living crisis, wealthy individuals and their home offices are prime targets for criminals, and has urged brokers to speak with clients about how best to protect themselves.
Is the MGA motor market braced for casualties amid a perfect storm?
Motor MGAs are suffering as they battle high claims inflation and tougher reinsurance conditions. With more players expected to exit standard motor, Saxon East asks if there is any way the market can navigate this tough terrain?
AssuredPartners-owned PSP seals two more deals
AssuredPartners-owned PSP Group has agreed to acquire the general insurance business assets of Sterling Select Insurance Services and Castle Sundborn.
NFP snaps up Gravity Risk Services
Acquisitive broker NFP has bought Gravity Risk Services for an undisclosed sum.
Menopause: What progress is the insurance sector making?
Menopause is becoming an issue where more and more insurance firms are raising awareness, offering staff support and embracing progressive policies. But how far have we really come? asks Saxon East.
Clear Group buys first international broker with MBC deal
Clear Group has acquired Irish commercial broker McAuliffe Barry & Collins Ltd (trading as MBC Insurance and Techinsure.ie), its first deal outside the UK, Insurance Age can reveal.
Cowbell enters UK cyber market targeting SME brokers
US cyber specialist Cowbell has entered the UK market with plans to sell its products exclusively through brokers.
PFS launches independent governance review amid “current challenges” with CII
The Personal Finance Society revealed an independent governance review just months after the Chartered Insurance Institute seized control of its board.
Ex-Marsh Commercial leader David Bruce joins Acrisure
David Bruce joined Acrisure as chief operating officer and network CEO, Insurance Age can reveal.
People Moves: 3 – 6 April 2023
Stay in the loop with the latest insurance personnel moves.