Insight
Nick Hobbs: “Rebalance, transform, outperform”
Allianz’s chief distribution and regions officer explains how the restructure of the business over the summer will impact brokers.
Aston Lark buys Bainbridge Collins in Birmingham
Consolidator says latest deal will enhance its mid-corporate capability in the West Midlands.
NFP buys Wolverhampton broker
The US-based company adds Top 100 business KGJ Insurance Services Group to its stable at it continues its expansion in the UK.
Geo expands political violence and terrorism cover
Geo Specialty has broadened its UK political violence and terrorism policies, widening the scope of its business interruption insurance to cover loss of profits even after the property has been rebuilt and reopened.
Are you ready for Broker Expo?
The agenda for the event, which takes place on 11 November, has been revealed so sign up today and secure your place.
LawSure makes leadership changes
Mandy Brown takes over as managing director as Brian Hall moves to become executive chairman of the specialist broker.
Percayso unveils no-code data enrichment product
The solution is available to brokers, insurers and MGAs across personal and commercial lines.
QBE names Chris Wallace as executive director for the UK
Move follows Cécile Fresneau's promotion to run QBE's European Operations earlier this year.
Biba hopes "win-win" flood directory will help improve industry reputation
Executive director Graeme Trudgill says signposting service is a chance for the industry to come together and urges brokers to get involved.
Occam buys Beech Underwriting
Beech Underwriting is a specialist in terrorism insurance.
New JM Glendinning MD reveals "ambitious but achievable" growth plans
Jake Fox discusses his plans for JM Glendinning after taking over the MD role from Nick Houghton, who became CEO of the JMG Group following its MBO last year.
CFC adds EQT to investor panel
Vitruvian, which has backed the cyber specialist since 2017, also remains on board as a financial backer.
Thomas Carroll buys Cardigan broker
Delwyn Griffiths has joined the independent insurance broker.
PIB expands into Spain
Consolidator buys Cicor in its first acquisition in the Spanish market as it continues its European expansion.
GRP takes stake in Hedron member
All Med Pro is GRP's first minority investment with a network member.
Aston Lark buys Absolute Products in 24th deal of the year
Latest acquisition comes after it was announced that Howden is to buy the consolidator, creating a £6bn GWP giant.
People moves: 18-22 October 2021
Keep up to date with the latest people moves.
Biba, ABI and Flood Re open registration for flood directory
The directory is set to launch later this year and the organisations are now calling for specialist brokers and providers to register to be part of the service.
FCA warns brokers have "failed to understand" impact of product governance rules
In a Dear CEO letter to the industry, the regulator highlights that the rules, which came into force on 1 October, apply to all personal and commercial lines brokers.
Allianz launches sustainable procurement charter
With this charter, Allianz says it aims to encourage suppliers to reduce carbon emissions, recycle waste, use renewable energy, and consider biodiversity.
Beazley sets up ESG specialist syndicate
The organisation will focus on providing capacity to businesses that perform well on environmental and social governance metrics.
Motor premiums stabilise as telematics grows
Data from Consumer Intelligence reveals that 1 in 4 cheapest motor insurance quotes are provided by telematics firms, and while motor premiums plunged 9.4% in the last 12 months, prices are now beginning to stabilise.
Randell stands down as FCA chair
Randell will exit in Spring 2022 and the government is now seeking a successor.
iRevolution buys BG Insurance
CEO Mark Rigby has said the acquisition of BG Insurance would give the business further expertise in other areas of the non-standard motor market.