News
Tempcover eyes European expansion in 2020
CEO Alan Inskip explains how the firm has changed since its MBO in 2018 and what lies ahead.
Zego gets Gibraltarian insurance licence
InsurTech Futures: The CEO anticipates that about 20% of Zego's business will be done through the newly-authorised carrier.
Airsports Insurance Bureau joins Biba
New member of Biba focuses on insuring high net worth and niche personal lines clients.
Cyber guide launched by Society of Insurance Broking
The document has been developed to help brokers recommend the right cyber cover for their clients.
Plan Group purchases Kingswood Insurance Brokers
The purchase of the cycle specialist takes the group's GWP up to £30m.
Lloyd’s to create single governing body
Decision follows consultations which saw over 90% of the market support the idea to merge its Board and Council.
Tasker buys Worthing-based broker
Group has bought Vantage Professional Risks and developed a professional risks division.
Former Aviva UK boss Andy Briggs joins Phoenix Group as CEO
Move is subject to regulatory approval and should see the former CEO of UK Insurance at Aviva take up the position in January 2020.
Vibe syndicate enters run-off
Syndicate 5768 will stop underwriting as of the end of this year as it fails to secure enough support.
Gallagher says goodbye to Stackhouse Poland brand
Michael Rea reveals how the HNW specialist has fitted into the business as deal takes Gallagher’s UK retail GWP to $2.5bn.
Applied adds First Underwriting to personal lines panel
Insurer’s motor and home products will be available to brokers via eTrading platforms.
Ageas weathers declining non-life business
Motor income ticked upwards slightly but other non-life lines have fallen.
Broker Expo: Successful M&A all about culture say broker bosses
According to Aston Lark group CEO, Peter Blanc, customers can gain from M&A activity.
Results dip for Allianz amid claims inflation and Ogden losses
CEO Jon Dye said the business is "still in good shape" despite the slip in performance.
People Moves: 4-8 November 2019
Keep up to date with the latest market moves.
Broker Expo: Open GI sets focus on machine learning
Following purchase of machine learning specialist MLP, Open GI CEO Simon Badley outlined the future strategy for both companies.
Top 100 independent brokers for 2019 revealed
Insurance Age surveyed the state of the market and the results and expert analysis from IMAS are now available.
Axa UK reports growth across all business lines
Figures follow an effort to streamline the provider’s operations in the UK and Ireland.
Blog: The dangers of dumbing down
Brokerbility’s Ashwin Mistry considers the dangers of going too far with the simplification of underwriting.
RSA profits increase despite falling premium income
Provider also revealed that it spent £8m restructuring its UK business during Q3.
PRA urges industry to improve disclosure mechanisms
Regulator used a Dear CEO letter to raise concerns about whether staff feel able to speak up about poor practices and unidentified risks within their firms.
XO launches PI offering for freelancers
Company said the product is also suitable for SMEs with turnover below £1.5m.
Least and most profitable scheme lines revealed
Data from SchemeServe has highlighted the best performing schemes in its inaugural Schemes Premium Index.
Orbit Underwriting administration period extended
Administrators hope to add to the £7.43m already raised from the firm.