United Kingdom (UK)
Peter Cullum says there is 'less private equity' capital around as his firm nears £200m GWP
The Broker Investment Group founder Peter Cullum has revealed that his business is on target for £200m gross written premium.
Aviva boss David Martin on empowering branches for brokers and delivering growth
Aviva delivered 200 authority and licence changes for underwriters dealing with brokers in just the first quarter of 2023, as it pushed ahead on empowering branches, managing director of UKGI distribution & SME David Martin has told Insurance Age.
The Broker Investment Group takes minority stake in Bedford broker
The Broker Investment Group has taken a 49% stake in Mayfair Insurance & Mortgage Consultants.
Konsileo appoints 100th broker
Fast-growing commercial brokerage Konsileo has appointed its 100th broker as its run rate gross written premium tops £40m.
2023 UK Broker Awards deadline this Friday
With a deadline of 19 May you have just days left to get your entries in for the 2023 UK Broker Awards.
Italian insurer adds to UK broking motor woes with capacity cut
Italian insurer Unipol has scaled back in the UK motor insurance market, constricting capacity further for brokers.
RSA survey pinpoints broker challenge of clients amending or cancelling insurance in light of economic uncertainty
More than three quarters of brokers have seen clients change policies in the past six months as they prepare for further economic uncertainty, according to research by RSA.
RSA looks to add 200 more brokers in a year
RSA has set a target of adding 200 more brokers to its portfolio within the next 12 months according to sales and distribution director, Alex Hardy.
Time to “bust that lack of talent myth”, says Idex Consulting CEO
The CEO of Idex Consulting, Matt Green, has stressed that there is no lack of talent in the insurance industry, and that recruitment challenges often lie with employers.
Broking Success: Staying in a positive mindset
Operations director at amb Insurance Services, Peter Lycett, spoke with Sophie Locke-Cooper about why he has remained in insurance, and the importance of getting your culture right.
Chubb Climate+ rolls out renewable energy projects product
Chubb Climate+ has launched a packaged insurance solution in the UK that is designed to support the growth of alternative and renewable energy projects; mainly onshore wind and ground-mounted photovoltaic solar.
MGAA to survey members on two-year plan as trade body reaches 200 milestone
The Managing General Agents’ Association will be opening a survey for members next week to help create the next two-year strategic plan for the trade body, CEO Mike Keating has confirmed.
Clients cutting cover is greatest challenge for brokers - survey
Clients cutting back cover is the greatest challenge brokers face right now, according to a survey taken at the Biba Conference 2023.
People Moves: 9 - 12 May 2023
Stay in the loop with insurance personnel moves.
Biba confirms the dates and venue for its 2024 conference
The British Insurance Brokers’ Association conference will return to Manchester in 2024 for a ninth consecutive year, it has been confirmed.
Biba awards Francis Perkins and Young Broker trophies
Former non-executive director of AFL Insurance Brokers, Alec Finch, was awarded the Francis Perkins Award, and Capsule Insurance Services’ Liam Green took home the Young Broker of the Year prize.
Biba 2023: A period of regulatory and legislative stability tops broker wish list
Attendees at the British Insurance Brokers’ Association conference in Manchester voted for a period of stability with no regulatory or legislative changes as their top desire in a poll at the event yesterday.
Biba launches guide to help brokers with cost of living crisis
The British Insurance Brokers’ Association has launched a new guide to help brokers explain to customers the dangers of cutting back on cover during these tough times.
Markerstudy and Ardonagh Retail in merger talks
Markerstudy and Ardonagh's personal lines business are in talks over a deal, Insurance Age understands.
National Cyber Security Centre urges businesses not to pay ransomware demands
The CEO of the National Cyber Security Centre, Lindy Cameron, has urged businesses not to pay cyber criminals’ ransom and to instead set up reliable defence systems.
Firms not challenging themselves enough on fair value – FCA boss Brewis
Financial Conduct Authority director of general insurance Matt Brewis believes insurance firms are applying a ‘tick box’ approach to fair value assessments.
Biba CEO Steve White to retire
Steve White, CEO of the British Insurance Brokers’ Association, told the audience of the trade body’s annual conference that he will retire this autumn.
Biba launches ESG guides
The British Insurance Brokers’ Association has unveiled publications on environmental, social and governance for its members.
Calls for tougher social media regulation amid ‘ghost broking’ explosion
An explosion in ‘ghost broking’ is fuelling policy fraud, leading to calls for tougher regulation on social media to protect vulnerable customers.