United Kingdom (UK)
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.
AssuredPartners picks up specialist broker InEvexco
AssuredPartners has bought Kent-based event specialist broker InEvexco.
Axa targets new broker employees with passport training solution
Axa Commercial is poised to launch a new programme aimed at new starters within broking firms.
Profile: A new lens – and an eye for opportunity
With a laser-like focus on growth, Zurich retail boss David Nichols is keen to bring a new lens to the insurer’s offering and deliver for brokers.
Applied Systems adds Arch, Ark and Iprism in commercial push
Applied Systems Europe will be adding Arch Insurance, Ark Insurance and Iprism Underwriting to its commercial lines panel, with Epic users able to quote and bind directly with the providers later this year, the software house has confirmed.
Cobra Network offers new service to brokers with Qlaims partnership
Managing general agent Qlaims has partnered with PIB-owned Cobra Network.
Gallagher firm business model challenged amid FCA property commission crackdown
Gallagher-owned Artex could find its business model in the UK property sector challenged after the latest regulatory crackdown, it was claimed.
Manchester, Liverpool and the buoyant North West are under the spotlight
As we put Covid-19 behind us, Sophie Locke-Cooper discovers brokers in the North West are positive about the prospects of the local market despite worldwide economic challenges such as inflation and UK-wide issues such as recruitment and talent retention.
FCA sets out whistleblower commitments
The Financial Conduct Authority has unveiled a series of actions to boost whistleblowers’ confidence.
Biba seeking new HNW schemes provider due to Home & Legacy closure
The British Insurance Brokers’ Association is searching for a new high-net-worth schemes provider, and will be ‘seeking tenders from alternative providers’ in light of Allianz planning to put Home & Legacy into run-off.
Biba renews Lockton PI partnership
The British Insurance Brokers’ Association has renewed its professional indemnity accredited broker contract with Lockton for a further three years.
People Moves: 2 – 5 May 2023
Keep up-to-date with personnel moves within the insurance industry.
FR Ball buys Export and General
Abergavenny-headquartered FR Ball has purchased London-based broker Export and General Insurance Services.
Broker Insights rolls out tech upgrade as it covers 20% of broker market
Broker Insights has rolled out a technology upgrade, as it hits a key milestone of covering more than £2bn of commercial gross written premium.
Ecclesiastical appoints underwriting director from Aviva
Ecclesiastical Insurance has hired Marc Lewis as underwriting director for the UK.
SRG adds to MGA offering with medical professional liability specialist
Specialist Risk Group has bought London and Gibraltar-based The Medical Professional Liability Company.