Commercial
Blog: Measure twice, cut once – how suitable is online distribution for D&O risks?
Online portals are a key element of streamlining insurance distribution, but they can present challenges as well as opportunities in affording clients effective D&O cover, asserts Craig Watson, underwriter, UK regional market, Kayzen Specialty.
Top 100 UK Broker Bartlett posts growth in 2024
Leeds-headquartered Bartlett Group grew turnover by 7.8% in the year ending 30 September 2024, building on expansion the year before.
Ardonagh Advisory buys ALP Holdings in Liverpool
Ardonagh Advisory has bought ALP Holdings, including its wholly owned subsidiary, Letton Percival.
Two specialty MGAs set to merge
Managing general agents Nirvana and Pulse have announced plans to merge their businesses.
PwC highlights pressure on motor, home and specialty insurance from Trump’s tariffs
PwC has warned of higher claims costs, particularly in motor and home, leading to pressure on premium rates due to the US placing new tariffs on its global trading partners.
Ardonagh Advisory strikes deal with new premium finance partner
Premium finance provider PremFina has announced a partnership with Ardonagh Advisory.
News analysis: What does Aviva’s commission flex move mean for brokers and their customers?
In February, Aviva told brokers using e-trading platforms Fast Trade and Acturis E-Trade that they could set their own commission rates within set parameters of between 0% and 35%. Saxon East explores what this move means for brokers, their customers and…
MGA inks five-year capacity deal with Allianz Commercial
Managing general Agent Rokstone, part of the Aventum Group, has entered a five-year capacity arrangement with Allianz Commercial.
CFC launches cyber “game-changer” for brokers
The specialist insurance provider CFC has launched a new cyber product aimed at all businesses with revenues up to £250m.
Meet the MGA: MX Underwriting
Ian Cook, managing director at MX Underwriting, explains why he believes MGAs are not suffering a capacity crunch, and outlines plans to write in excess of £200m GWP in 2025 and add to MX’s product range and capability.
Brokerbility adds Cass-Stephens Insurances as member
Gloucester-based Cass-Stephens Insurances has joined Brokerbility, switching across from Bravo Networks.
Law firm warns brokers clock is ticking for Covid-19 BI claims
Fenchurch Law has warned brokers to make sure clients file any Covid-19 business interruption claims now, before they are time-barred.
Brunel Insurance Brokers in North Devon broker deal
Brunel Insurance Brokers has snapped up the renewal rights of John Walker Insurance.
Meet the MGA: Optio Underwriting
With an aim to be the most admired global specialty MGA, Optio Underwriting group CEO Deepak Soni outlines how it attracts top talent, plans to mix organic growth with M&A and discusses the importance of having a PE backer that understands the subtle…
Mitsui Sumitomo to buy 15% stake in W.R. Berkley
Japanese insurer Mitsui Sumitomo Insurance has signed up to buy 15% of the shares in New York Stock Exchange listed W.R. Berkley Corporation.
Iprism grows again with a 21% boost in 2024
Managing general agent Iprism Underwriting Agency grew 21% in the year to 30 June 2024, building on the 16% achieved the year before, and is eyeing up further expansion in 2025.
Allianz Commercial appoints CUO and CTO
Allianz UK has appointed Adam Lloyd from Allianz Australia as chief underwriting officer in Allianz Commercial and promoted Claire Buck to the newly created role of chief technical officer for the division.
Aviva to open regional underwriting branch in Cardiff
Aviva is opening a new regional underwriting branch in Cardiff to service brokers and clients in South Wales, Insurance Age can reveal.
TBIG starts 2025 M&A push
Beam Insurance Solutions, part of The Broker Investment Group, has bought Bridgnorth-based KDH Insurance Brokers.
Patston named Touchstone MD as Roe retires
Mike Patston has been promoted to managing director of Touchstone Underwriting following the retirement of Alan Roe.
Broker hails ‘financial firepower’ and ‘skillsets’ of PE partner after selling minority stake
Berry Palmer & Lyle, the specialist credit and political risk insurance broker, has announced today that it has secured investment from private equity firm Preservation Capital Partners.