Broking break: Your top five of the week

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This week's top stories include a deadline for renewal transparency, redundancy at Allianz, GRP buy and NIG details the expansion of its online commercial product.

5. NIG expands online commercial combined trades appetite by 70%

NIG has expanded the number of trades that Business Package - its online commercial combined product - can handle.

Insurance Age revealed that the provider has added over 550 new acceptable trades taking the number to in excess of 1000 across multiple industry sectors.

 

4. Robert Organ: "My role is to protect Bluefin" 

Robert Organ has been the CEO of Bluefin for over a year now and said his chief role at the broker is to

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JMG in quadruple deal swoop

JMG has snapped up four brokers adding additional expertise in high-net-worth, commercial, motor trade, technical and specialist consultancy services to the Yorkshire-headquartered group, Insurance Age can reveal.

FSCS gives first insight on increasing levy to £394m

The Financial Services Compensation Scheme has indicated its levy for 2025/26 will rise to £394m from £265m this financial year as it cited having lower surpluses to carry forward and offset bills – a factor that has benefited brokers for two years in a row.

Konsileo seals £8m fundraise

Top 100 insurance broker Konsileo has completed an £8m fundraise to accelerate its expansion across the UK, Insurance Age can reveal.

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