News
"It feels like family," says KGJ boss about NFP transition
NFP’s John Paul Allcock and KGJ director Richard Cox talk to Insurance Age about what sparked the interest in the recent deal and how it is set to help both businesses achieve growth.
COP 26: Sunak will force UK firms to publish net zero plans
Financial institutions and companies listed in the UK will have to produce plans highlighting how they will transition to net zero.
Dive-In reaches largest ever audience
The diversity in insurance event featured 145 sessions and saw 31,000 people participate.
HSB buys structural warranties specialist
HSB has revealed that the acquisition of MD Group and its MGA, MD Insurance Services, will expand its core insurance offering.
Capita to sell specialty insurance businesses
The company has agreed to to sell its two specialty insurance businesses, Capita Commercial Insurance Services (CCIS) and Capita Managing Agency (CMA), to Marco Capital Holdings for an undisclosed sum.
WF Risk Group repackages wholesale and MGA proposition
The two divisions have been brought together in order to allow brokers to access the Generation Underwriting and Arden Wholesale brands.
People moves: 1-5 November 2021
Keep up to date with the latest people moves in the insurance sector.
Granite buys telematics broker Carrot
The insurtech specialist will retain its office in Crewe following the deal.
Daulby Read adds agricultural specialist
The move takes the Bravo Networks broker's GWP up to £7m.
Gallagher appoints Derek Henry to lead micro-SME
Henry, formerly of Brightside, will also be MD of personal lines as the broker zones in on digital innovation.
News analysis: Consolidators put up 'for sale' signs
Following Howden’s acquisition of Aston Lark, Insurance Age reached out to M&A advisers and brokers to get some insight into the future for the current crop of consolidators.
Ripe Thinking gains backing from Aquiline
The New York private investment firm takes a majority stake in the personal lines specialist.
Ardonagh completes BGC deal
First announced in May, the deal was sealed for a cash consideration of $500m (£354m).
Protesters spill 1,000 litres of fake oil on Lloyd’s doorstep
A one-tonne tank of plant and water-based biodegradable oil flooded the area in front of Llyod’s headquarters in Insurance Rebellion's latest protest targeting the market over links to fossil fuels.
Matson flags 9% organic growth at Gallagher
Q3 figures for the global business show brokerage revenue of $1.5bn.
Should brokers go down the employee ownership route?
Experts say employee ownership increases staff retention and encourages staff to work together, but take-up among brokers is low.
John Lewis pulls controversial home insurance ad
The TV commercial, which depicts a young boy wearing make-up and women’s clothing, has been removed after the FCA said it was 'misleading'.
IPT untouched in latest Budget
While the tax cut on flights ahead of COP26 grabbed headlines, brokers breathed a sigh of relief as hated insurance premium tax remained at 12%.
Fidelis opens trading floor in London
The Bermuda-based specialty insurance and reinsurance provider said its new operation would enable brokers to meet with its underwriters, actuaries, wordings and claims specialists to discuss 57 lines of business.
Lloyd's joins the Net Zero Insurance Alliance
Corporation commits to the transition all of its operational and attributable greenhouse gas emissions to net zero by 2050.
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.