United Kingdom (UK)
Benefact Group adds Access Insurance
Specialist charity broker Access Insurance has joined the Benefact Group as the latest addition to the growing broking and advisory division.
Howden claims “first of its kind” with carbon capture and storage insurance facility launch
Howden has launched a product that it claimed will “unlock vital investment to support the global transition to net zero”.
Fitch: Improving outlook for insurers but no room for complacency
The effect of “baked in” pricing improvements and easing economic headwinds gives an improving outlook for insurers this year, but will only make it less bad than 2023, according to Fitch.
Gallagher hails 8% Q4 organic growth in retail
Gallagher grew UK and Ireland retail business by 8% organically in the final quarter of 2023, while the specialty division achieved a 16% organic uplift, the broker has confirmed.
People Moves: 22 – 26 January 2024
Follow the latest insurance personnel moves.
Nick Harris to leave Marsh
Nick Harris is no longer taking up the role as CEO of UK retail and will be leaving the broker.
Brown & Brown opens retail office in Newcastle
Brown & Brown has opened a retail insurance broking office in Newcastle, the first branded business in the sector under its new identity.
Travelers steps back from Biba partner status
Travelers did not renew its partnership status with the British Insurance Brokers’ Association on 31 December 2023, but will be exhibiting at the trade body’s conference in Manchester this May.
Interview: Carolyn Callan, Brown & Brown
Three months into the role at her “forever” home of Brown & Brown, Carolyn Callan explains her plans and priorities to Emmanuel Kenning.
NFP boosts London presence with Advanced Insurance Consultants buy
US-headquartered broking firm NFP has purchased London-based Advanced Insurance Consultants to develop its client base in the London and the wider South East areas.
Amazon to shut Insurance Store after just over a year
Amazon is closing its UK Insurance Store, which was launched with great fanfare in October 2022.
OneAdvent launches MGA Criterion
Specialist managing general agent and broker services platform OneAdvent has launched Criterion, an MGA that underwrites niche classes of business.
Brown & Brown rolls out on Acturis
Brown & Brown is moving its retail platform to Acturis, Insurance Age can reveal.
Howden buys Scottish broker Laurie Ross
Howden has bought Glasgow-headquartered personal and commercial lines broker Laurie Ross.
French wholesaler buys motor specialist broker Lexham Insurance
April, a wholesale insurance broker in France and Europe, has bought two-wheeler insurance specialist Lexham Insurance.
Brunel adds PI broker to group
The Brunel Group has set up a professional indemnity insurance broker with a focus on UK professional firms.
Acturis launches AI Predict
Acturis has launched AI Predict to bring the power of artificial intelligence and machine learning into its software-as-a-service platform.
Just Travel targets brokers with new wholesale arm Aneevo
A new travel insurance distribution platform has been launched for UK insurance brokers.
Qmetric reveals £41m loss in run-up to sale
Policy Expert owner Qmetric lost £41.06m last financial year ahead of being bought by the Abu Dhabi Investment Authority, which has gone on to invest £35m in the business.
People Moves: 15 – 19 January 2024
Keep up to date with the latest insurance personnel moves.
Biba welcomes Indeed as associate
Indeed has become an associate of the British Insurance Brokers’ Association in the same month that the trade body launched a programme with the Careers & Enterprise Company.
Jensten deal spend tops £70m as losses widen
Jensten’s post-tax losses worsened to £32.8m in the year ended 31 March 2023, from £21.5m the year before.
Broking Success: Independence is number one selling tool
David MacKay, managing director of MacKay Corporate Insurance Brokers, sees the sky as the limit for independent brokers.
Tech and innovation to the fore for property risks, says Lockton leader Warman
Pushing forward on technology and innovation will be front and centre this year, according to global real estate practice leader at Lockton, Ben Warman, who also revealed his expectations on market hardening in 2024.