UK General
Bolt-on deal sealed by Bspoke, with more to come, says Smyth
Bspoke has completed a bolt-on deal and has a “fair bit” of ongoing activity, group CEO Tim Smyth told Insurance Age.
UK General rebrands amid product shake up
UK General Insurance is set to rebrand following a decision to strip back its products and aim for a return to profitability.
UK General lost £7.4m ahead of sale
UK General Insurance lost £7.41m in its financial year before being snapped up by RCapital and Montague, Insurance Age can reveal.
RCapital and Montague complete UK General deal
Rcapital Partners LLP, and joint investor Montague Investment Group have completed the acquisition of UK General Insurance and Precision Partnership Limited, following regulatory approval.
Smyth flags M&A opportunity following UK General deal
UK General is planning to grow via M&A, new products and bring in fresh teams following investment by RCapital and Montague according to CEO Tim Smyth.
Private equity duo buys UK General plus Precision Partnership
UK General has been acquired by Montague and RCapital Partners from Primary Group for an undisclosed sum.
UK General up for sale again
UK General’s latest filing at Companies House has revealed the personal lines specialist, which lost £9.13m in nine months up to 30 March 2021, is up for sale.
Start-up digital broker Policy Powerhouse targets over £20m GWP within five years
Policy Powerhouse has launched a holiday let buildings and contents insurance product as CEO John Bibby set out the goals of the new digital broker.
UK General appoints CUO
David Boulcott joins the firm to replace outgoing David Brown.
The Blog Spot: Ardonagh and Broker Network - will this lockdown family reunion have a happy ending?
With Broker Network returning to the fold, Insurance Age content director Jonathan Swift reflects on why Ardonagh Group is looking Back to the Future as its plots post pandemic growth.
UK General returns to Primary Group
The organisation sold UK General to JC Flowers back in 2017 and the fresh deal sees management changes.
Ardonagh buys Rural Insurance Group
Ardonagh's Geo Underwriting has exchanged contracts to buy the trade and assets of the agriculture specialist.
Karen Beales joins LEI specialist Financial & Legal
Beales was formerly CEO at UK General but stepped down in 2018.
Uinsure adds UK General to panel
The provider also works with LV, Axa, Ageas and RSA.
PIB’s Q Underwriting launches MGU
Matthew Schofield has been brought in to lead the newly-formed managing general underwriter which focuses on binder management and delegated authority capacity.
Is the sector suffering an attack of the clones?
Insurance Age takes a look at the recent spate of cloned firms targeting the industry as experts urge brokers to be vigilant.
FCA warns of Moneysupermarket clone
The aggregator is the latest firm to be targeted by fraudsters.
FCA warns of UK General clone
Fraudsters have been trying to trick consumers by using UK General's name.
Broking Break - Your Top Five
Deals, management exits and FCA guidance were among the top five most clicked on stories by brokers this week.
Karen Beales steps down as UK General CEO
Beales leaves the insurer with immediate effect.
#Insagepeople: 4 - 8 June 2018
Catch up with the latest people news.