Insight
Somerset Bridge moves to Premium Credit
Broker Somerset Bridge has selected Premium Credit as its new, insurance premium finance provider in a multi-year deal.
In Depth: Developing the HNW market for electric vehicles
What are the insurance requirements for HNW electric vehicles and how is the industry responding? Sam Barrett investigates.
Abacai motor brand Boom hits the market
Mark Wilson-led Abacai has rolled out motor insurance brand Boom.
LV adds Sam Dansey to lead home underwriting
LV has appointed Sam Dansey to head up its home underwriting team joining from Flood Re, Insurance Age can reveal.
Top 5: Most read on Insurance Hound in April and May 2022
Whitepapers from Insurance Post, Ansvar, AX, LexisNexis and SAS were most popular during the period.
FloodFlash stakes claim for 'smart quote' as "paradigm shift" in mass market parametrics
FloodFlash has released 'smart quote' in its biggest update to its broker platform since launching in 2019.
People Moves: 6 - 10 June 2022
Keep up-to-date with the latest job changes in insurance.
Howden buys TigerRisk
Howden Group has bought reinsurance broker and risk capital advisor TigerRisk Partners.
County Group buys Taylor Francis
GRP-owned County Group has bought the business and assets of Taylor Francis in its fourth deal of the year.
FCA hit by second wave of strike action as Unite says regulator in deep crisis
Unite members have gone on strike at the Financial Conduct Authority for the second time in a walkout scheduled to last 48 hours.
Burns and Wilcox eyes £60m-£65m in GWP
The MGA and underwriting business has experienced “significant growth” since it was created in 2019 and is open to M&A as a tool for growth according to CEO, Stuart Kilpatrick.
JMG eyeing up more deals after flurry of Scottish buys
Both JMG and recent purchase GS Group are on the lookout for more buys, according to the businesses’ leaders.
Greenwood Moreland buys R C McLeish
Greenwood Moreland has bought R C McLeish Insurance Consultants in Lanark in its first deal since joining JMG Group.
Biba welcomes Travelers Europe as a partner
The British Insurance Brokers’ Association has teamed-up with Travelers Europe taking its partners total to 19.
ABI lays out five climate change demands of government to take “handbrake off”
The Association of British Insurers has called on to government to do more to enable the insurance and long-term savings sector to maximise the vital role it has to play in tackling the climate change challenge.
Analysis: Recruitment, the workplace environment and the generational shift
Insurance Age learns how the broker space is dealing with hiring and the developing workplace expectations of the younger employees, following reports of recruitment difficulties and clashes between different generations.
Two-thirds of schemes brokers not satisfied with compliance support from insurers
Only 34% of schemes brokers are satisfied with the support they receive from their insurers in dealing with compliance matters, according to research from Ecclesiastical.
Analysis: Sexism, seniority and insurance
As Amanda Blanc reveals the “misogynistic scars” she has suffered, and says that sexism got worse as she took more senior roles, Insurance Age investigates gender discrimination in insurance
Kentro Group records GWP growth of 19% in 2021
Kentro Capital grew gross written premiums by 19% to £367.4m in 2021 generating £53.1m of turnover, up 21% on 2020.
One Sure buys Unicom from Tradewise liquidators
One Sure Insurance has bought the motor trade specialist Unicom Insurance brand, customer base and systems with all staff moving across as part of the deal, Insurance Age can reveal.
UK buys on the horizon as Acrisure closes $725m funding round
US headquartered Acrisure has been valued at $23bn (£18.33bn) in its latest funding round.
JMG Group buys GS Group
JMG Group has added GS Group to its portfolio of Scottish brokers.
Cyber insurance costs doubled in a year - Howden
Howden’s annual report on cyber has revealed the average cost of cyber insurance has doubled since last year due to an extreme supply-demand imbalance.
Opinion: D&I – how a difference can be made
Ardonagh Advisory lead Rob Worrell shares his view on how the biggest demographic in broking – middle-aged white men – can support the diversity & inclusion agenda.