Insight
Policy Expert has “clear focus” on UK with plans to double the business
Personal lines specialist Policy Expert is targeting organic growth in the UK, with plans to double the business in the next three to five years, according to CEO Steve Hardy.
Gallagher tipped to win the race for PIB
A deal for Gallagher to buy PIB is said to be “80% done”, sister title Insurance Post has revealed.
Radius Insurance MD sees “huge” opportunity to put “foot on the gas”
Philip Thorn, Radius Insurance Solutions managing director, is eyeing up the opportunities from being a true risk advisor and broker, as he highlights possibilities to lean into the wider group’s customer base.
Ceta posts turnover and profit growth in run-up to sale
Digital niche personal lines and SME broker Ceta Insurance grew turnover by 23% in the year parent Atec Group was bought by European private equity investor Perwyn.
Marshmallow raises $90m to grow product offering and international expansion
Fintech Marshmallow has raised $90m (£68m) of funding, a mixture of equity and debt, from Portage, BlackRock and Columbia Lake Partners to grow the business’ product offering and support plans for international expansion.
Ageas CEO Middle reassures brokers after Esure deal
Ageas will keep its focus on growing with brokers, CEO Ant Middle committed, as the Esure takeover creates a “balanced” portfolio with 50% of business still through the broking channel.
Biba 2025 Countdown: QBE’s Stacey Flannery
With only one month to go until the Biba 2025 conference, Stacey Flannery, head of trading (Manchester) at QBE, kicks off Insurance Age’s countdown series.
Brown & Brown buys SME broker
Brown & Brown (Europe) has bought Irvine Commercial Insurance Brokers in its third deal of the year.
Partners& creates nine leadership roles
Partners& has restructured its general insurance business creating nine new managing partners roles across the UK.
RSA confirms rebrand to Intact
RSA will rebrand and change its trading name to Intact Insurance by the end of 2025.
Ripe completes GJW Direct buy
Ripe has bought boat insurance specialist GJW Direct from Munich Re Specialty.
Ageas claims ‘number three’ UK personal lines position with £1.3bn Esure deal
Ageas has reached an agreement with Bain Capital to acquire Esure to create what it claims is the third largest UK personal lines player.
People Moves 7 – 11 April 2025
Keep up to date with the latest insurance industry personnel moves.
Allianz launches solar inspection service
Allianz Engineering has launched an inspection service for solar photovoltaic (PV) systems, aimed at businesses and industrial sites.
Brokers appetite for AI growing but split on automated vs in person underwriting
More than four out of five brokers said they would be interested or very interested in enhancing their operations with digital or automated processes, an increase of 15% since 2022, according to research by Aviva.
Axa committed to regional PL market – intermediary director Matt Field
Matt Field, director of intermediary at Axa retail, has told Insurance Age the insurer is “committed” to the regional intermediary market, and is focusing on sustainable growth.
Clear buys London-based broker
Clear Group has added London-based broker Moore Robinson to its UK retail arm.
Covea returns to profit as GWP drops
Covea Insurance has reported profit after tax of £32.9m, swinging out of the red, for the year ended 31 December 2024.
Newbie News: Taurus Risk
Thomas Beckett, co-founder of Taurus Risk, tells Insurance Age how he started the business and how he aims to grow the broker and find its niche.
Biba launches MGA capacity guide
The British Insurance Brokers’ Association has launched a guide to help its members access the capacity of managing general agents, in response to member demand.
Ex-Zurich/RSA CEO Lewis appointed MGA chair
Managing general agent Arkel has appointed former Zurich and RSA CEO Steve Lewis as chairman, effective immediately.