Broking Break: Your Top Five

Ten dice displaying the number five

Products and changes in capacity arrangements were the favourite stories of the past week while GRP’s biggest ever UK retail broker buy topped the charts.

5) Biba launches insurance schemes management facility with MGA
The British Insurance Brokers' Association (Biba) has launched a new facility with Accelerate Underwriting which it said enables members with non-standard commercial business to access UK A rated insurance capacity.

The web-based facility, from the managing general agent (MGA) offers an alternative where existing broker schemes have grown beyond the manual processes in place, Biba said.

4) Iprism teams up with Qatari

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Polaris at 30 – Ray Vincent

As insurance industry owned Polaris celebrates its 30th birthday, Insurance Age asks experts for their recollections on the dawn of digital trading and what is coming next.

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.

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