Insight
Video Q&A: Bravo Networks development director Kevin Westcott
With Broker Expo just over a week away, Bravo Networks development director Kevin Westcott spoke to Jonathan Swift about why data is such a crucial aspect of embedding the right placement strategy for brokers.
Lucida keeps turnover stable in 2023 but Ebitdae dips
Motor specialist broker Lucida has posted flat turnover of £47.59m for 2023.
Kingfisher creates new motorsports arm following broker buy
Kingfisher Insurance Services has acquired MIS Motorsport’s commercial business in the UK and Ireland.
RSA launches mid-market D&O product
RSA Insurance has launched Directors’ and Officers’ Protection, aimed at UK domiciled or headquartered companies, large domestic and multinational businesses, private firms with a turnover of over £250m and publicly traded entities.
Ripe inks deal to buy marine specialist GJW Direct from Munich Re Specialty
Ripe has signed up to buy non-commercial marine insurance specialist GJW Direct from Munich Re Specialty, in a deal expected to close in the first half of next year.
Ageas adds to distribution team with double senior hire
Ageas UK has strengthened its broker and partner distribution team with a double appointment.
Q&A: Aviva’s Jason Storah
One year into the role, Jason Storah, UK and Ireland general insurance CEO at Aviva, tells Insurance Age about the goals he is happy to be challenged on in another 12 months’ time, what the Probitas deal means for regional brokers and reflects on recent…
Prosura strikes second deal in Yorkshire, adding Donald Schofield
Prosura has bought commercial broker Donald Schofield, based in Pontefract – its second purchase since starting to trade at the start of 2023.
Elizabeth Passey appointed FSCS chair
Elizabeth Passey has been appointed chair of the Financial Services Compensation Scheme, taking up the role today succeeding Marshall Bailey.
Aviva opening ‘at least one’ office location before next Biba conference
After opening two offices earlier this year, Aviva’s David Martin has told Insurance Age that at least one more location will be open before the British Insurance Brokers’ Association conference next year.
PIB returns to buying with RS Insurance Brokers
Consolidator PIB has bought Nottingham-based RS Insurance Brokers, adding expertise in fleet and professional indemnity to its portfolio of specialisms.
NBS seals SME capacity deal with Hadron UK
NBS Underwriting has added Hadron UK Insurance to its insurer panel, effective 1 October.
Warburg Pincus and Temasek complete SRG investment
Specialist Risk Group has confirmed the takeover by private equity house Warburg Pincus and Singapore-headquartered investor Temasek has completed after receiving all regulatory approvals.
JMG reaches 40 deals milestone with Confidential Solutions buy
JMG Group has bought London-based Confidential Solutions Group as it racked up its 40th deal since being formed in 2020 when Yorkshire-headquartered JM Glendinning underwent an MBO.
Open GI strikes deal to provide brokers with gen AI chatbots
Open GI has teamed up with artificial intelligence specialists OpenDialog to bring advanced conversational AI agents to its customers, with the aim of creating efficiency gains for brokers by automating customer service interactions.
Peach rebrand to come into effect at Broker Expo
Peach PI will rebrand as Peach at the UK Broker Expo, Insurance Age can reveal, with new messaging and a company logo to reflect its modern appetite.
FCA still undecided on taking GAP-like action over premium finance fair value
The Financial Conduct Authority “remains concerned” over the fair value of premium finance, it has revealed at a press conference after the regulator's annual public meeting yesterday.
Blog: Now Open GI has finally been sold what do brokers think?
The future of Open GI has been spoken about for months. But now a deal has been done Rosie Simms discovers brokers are neither frothing with excitement or overcome with concerns about the future.
People Moves: 23 – 27 September 2024
Follow the latest insurance personnel moves.
Major Ardonagh acquisition gets the green light from shareholders
Ardonagh has received approval from PSC shareholders to complete the A$2.3bn (£1.21bn) acquisition of the Australian broking business, with the transaction expected to close around 11 October 2024.
Blog: Brokers don’t need to fear artificial intelligence but should consider embracing its benefits
While exploring new technologies – from Gen AI to machine learning – might not be top of many brokers’ to-do lists, their benefits should not be understated. Open GI’s director of brokers and MGAs Nick Giddings explains how these tools could free them up…
Broker Expo 2024 Countdown: Biba CEO Graeme Trudgill
As we count down to Insurance Age’s Broker Week, we asked our Broker Expo speakers to share some insights into the event, market issues and reveal their favourite chocolate bar. Today, we focus on the British Insurance Brokers’ Association CEO Graeme…
Storah promises ‘more to come’ from Aviva on office openings and expansions for brokers
Aviva believes there is “more to go at” with brokers and is weighing up options, having opened in Chelmsford and Southampton along with expanding in Glasgow this year, UK and Ireland general insurance CEO Jason Storah told Insurance Age.
Aviva signs capacity deal for Howden scheme
Aviva has agreed to a deal with Howden to provide capacity for the broker’s Bespoke Farm and Estate Scheme, Insurance Age can reveal.