News
Bollington reveals final set of financial results before Gallagher takeover
The broker, which was bought by Gallagher earlier this year, reports increases in turnover and profit for 2020.
Seventeen Group blames Covid and M&A costs for profit slip
Despite a sharp drop in pre-tax profit, the broker managed to achieve increased turnover for the year ended 31 December 2020.
Mulsanne parent moves into profit
Refinancing sees the insurer, which also owns Complete Cover Group, move back into profit in 2020.
JM Glendinning names new MD for its eight broking businesses
Jake Fox succeeds Nick Houghton, who became CEO of the group after its management buyout last year.
Obituary: Iain Winfield
Insurance Age is devastated to announce the passing of our friend and production editor, Iain Winfield, who many of you will have met as he took photographs, and also filmed videos, with us and the insurance community. Please take a moment to read our…
Climate activists set up memorial in latest protest targeting Lloyd's
Hundreds of flowers and floral wreaths were laid outside the building in the latest attempt to stop Lloyd's of London from insuring fossil fuel projects.
More than half of brokers suffer from mental health issues linked to work
Research from Ecclesiastical shows 61% of brokers experience work-related stress, while only 43% feel comfortable talking to their manager about their mental health issues.
A-Plan makes first deal in Wales
Watkin Davies brings £10m in GWP to A-Plan as the broker looks to grow further in commercial lines.
Fraudulent claim value goes up but detection rates also increase
ABI data shows the average fraudulent insurance claim has now reached £12,000 as the the body praises the efforts made by insurers’ fraud investigation teams throughout the pandemic.
Complete Cover Group’s profits dip amid transformation
Profits slip but income is steady and operating profit almost doubles as report flags the business’s £50m Abacai launch and acquisition of broker Dayinsure.
David Bruce promoted to CEO at Marsh Commercial
Bruce succeeds Anthony Gruppo who is set to retire in early 2022.
CMA launches investigation into Gallagher-Willis Re deal
The competition watchdog says it is considering whether the transaction could result in a lessening of competition in the UK.
Rokstone launches UK terrorism facility
The product will be accessible to regional brokers through a digital distribution platform and extensions to the cover, including non-damage business interruption, denial of access, and loss of attraction, are also available.
ERS extends cover for European HGV drivers
The specialist motor provider says the move aims to support European HGV drivers coming to the UK to help fill the current HGV driver shortage and that brokers will be able to access the widened cover for their clients via ERS eTrade.
Pen and MUM lift lid on deal
The buy takes Pen Underwriting’s GWP up to £700m.
Ethos Broking buys again
The acquisition of Leeds-based Schofield Insurance Brokers marks the Ardonagh-owned firm's fourth deal this year.
Tysers launches fresh entertainment schemes
The two products, Tysers Freelancers and Tysers Elite, are designed to better reflect the new live events landscape and provide cover for clients who work in the entertainment industry.
Biba teams up with LifeSearch on protection scheme
Trade body says the scheme will allow brokers, on an introducer basis, to provide protection cover including mortgage, family, income and critical illness, along with key person, shareholder, business loan, relevant life protection, group life, group…
People Moves: 4-8 October 2021
Keep up to date with the latest people moves.
Pen buys Manchester Underwriting
Deal brings 50 staff and £60m in GWP to the Gallagher-owned MGA.
GRP completes deal for WTW's Northern Ireland business
The deal was announced in July and brings £65m in GWP to GRP's Northern Ireland business ABL Group.
Allianz offers free legal helpline to independent brokers
The Lawphone will operate 24 hours, every day of the week, the insurer adding that the service will provide brokers with expert advice on various legal related issues.
Aston Lark buys in Birmingham
S Johnson & Company specialises in providing insurance for the music industry and the gun trade.
Aviva sells Italian GI business to Allianz
The insurer has confirmed it completed the sale of Aviva Italia for £284m.