Broker
ESG round-up - March 2022
In our quarterly update, Insurance Age examines what the insurance world is doing to support the environmental, social and governance agenda.
IWD: The view from the top
Key female insurance figures consider how far women have come in the sector on International Women’s Day.
Brown & Brown takeover of GRP will open up shareholder opportunities for staff
New owner says GRP has found its forever home and will back further acquisitions.
US giant Brown & Brown to buy GRP
Consolidator confirms no changes to management team, headcount and brands under new owners, the sixth largest broker in the world.
In Depth: Build an affinity with trade groups
Sam Barrett explores the strategies brokers need to employ when building schemes cover for trade and affinity groups
Profile: Sian Fisher: The future for Fisher
Siân Barton meets the outgoing CEO of the Chartered Insurance Institute to reflect on her career, the challenge of modernising the CII, and the future
Opinion: Commission vs fees?
Peter Robinson of Prizm Solutions considers the impact of professionalism on the debate.
People moves: 28 February - 4 March 2022
Keep up to date with the latest industry news.
GRP-owned County Group buys PG Insurance
The consolidator ramps up its acquisition plans with fifth deal of the year.
Esure posts loss of £7.1m for 2021
Gross written premium also slipped to £807.6m for the full year 2021.
In Depth: Standing out in the schemes market
Sam Barrett speaks to experts about how to develop successful schemes across a range of niche areas
Industry braces for "very active few weeks" following Axa vs Wolseley BI ruling
Market experts think the Axa and Corbin & King verdict could spark a chain reaction in the insurance industry, leading to a reopening of claims and renegotiated settlements.
SSP adds Percayso Inform to platform
The software house said it made the move to broaden its data enrichment capabilities.
Admiral reports increased profit and turnover
Profit before tax hit £769m, a 26% uptick on the 2020 result as it flags plan to move into small business insurance.
High commission rates factor in Hiscox UK personal lines pull back
The insurer also ended agencies with brokers and revealed it will be looking to double UK business under incoming leader Jon Dye.
Broking Success: Gearing for growth
Richard Amphlett, Cox Mahon managing director, who is also the High Sheriff of Worcestershire for 2021-2022, spoke to Insurance Age about the company’s history, the challenges surrounding professional indemnity, and his plans to triple the business in…
Analysis: Spotlight falls on personal lines amid consolidation frenzy
After a record breaking year for deals by value and volume, specialists analyse what is driving the market and where the acquisition rush will go next. Emmanuel Kenning reports.
Hiscox chair calls for more consistency and less bureaucracy in regulation
Non-executive chairman Robert Childs has called on regulators to be more flexible, offer more consistency, and prioritise a competitive edge.
Analysis: FCA bares its teeth on residential property insurance
Martin Friel explores the likelihood of intervention by the watchdog as premiums go up in a market that has “not worked well” for more than a decade.
SRG adds motor trade specialist to portfolio
The move follows snapping up the specialists risks team from Bridge Insurance at the start of the year.
BI highlighted as commercial flood risk issue
A survey by parametric provider FloodFlash saw 71% of brokers say they have had to handle flood incidents for clients.
Aon confirms cyber incident
Firm states its ability to serve clients has not been impacted by the event.
CII releases member consultation findings
The organisation had 1,149 responses via its online consultation and held 62 events.
Twining exits Kingsbridge
Paul Havenhand succeeds James Twining as CEO of Kingsbridge and Dinghy.