Construction
Arch to sell MGA platform Castel to Ryan Speciality
Ryan Specialty has signed a definitive agreement to acquire Castel Underwriting Agencies from Arch Financial Holdings (UK) and minority shareholders.
Meet the MGA: Corin Underwriting
Andy Hurrell, the managing director and head of underwriting at Corin, outlines his plans for a business that has made Lloyd’s-on-Sea its home with a strategy that aims to embrace everything good about being a virtual insurer and a recognised MGA.
Blog: Surety Bonds support construction clients through challenging times
Factors such as higher inflation, fluctuating interest rates, and labour shortages, mean the construction sector faces ongoing challenges. Hannah Sewell-Moore, surety manager, Kerry London, explains how a wholesale surety bonds broker can support these…
Broking Success: Reputation and referral key to growth
Blackford Insurance founder and managing director, Tom Aldridge, is looking to double the business in the next five years.
Axa UK: broker clients will benefit from contractor body cameras
A major insurer is providing body cameras to contractors in move it claims will enable broker clients to highlight best practice to underwriters.
Parametric climate risk insurer Arbol launches UK MGA
US-based parametric climate risk specialist Arbol has expanded internationally by launching a new, London-based managing general agent.
Aspen unveils UK construction sector wellbeing product
Aspen Insurance has unveiled Construction Wellbeing to support the rising challenges associated with the mental health of employees working in the UK construction industry.
AssuredPartners seals biggest deal yet with Romero buy
AssuredPartners has bought Leeds-based Romero Group, which includes Romero Insurance Brokers, Sentient Group and Club Insure.
Centricity MD Becky Morris on meeting its five-year plan with a ‘pretty unique’ approach
Becky Morris founded Centricity, based in Horsham, West Sussex in October 2021 with Financial Conduct Authority authorisation following in February 2022. The business won the Start-up Broker Award at the recent UK Broker Awards.
Double digit profit rise at Kelliher in 2022 as turnover ticks up
Kelliher Insurance Group boosted post-tax profit by 11.5% in 2022 to £868,137.
Optimism among brokers as Birmingham diversifies from manufacturing into booming new industries
The insurance sector in Birmingham is full of activity and has a bright future, according to experts who work in the area, as Ida Axling discovers.
Partners& takes on Hall Insurance Services
Partners& has expanded in the South East with London-based Hall Insurance Services.
Clear completes hat-trick buying Bluestone in Cirencester
Clear Group swooped for its third deal in September buying Bluestone Insurance Services to boost its presence in the South West.
Products: September 2023
Recent product launches target solicitors, sustainable builders, construction sector and employers concerned by internal fraud and scams.
Meet the MGA: Incorporated Insurance Group Limited [IIGL]
Underwriting director Dean Surridge and operations director Lyndsey Thompson explain how they have stayed true to their specialism, which is construction, to build and grow the now 10-year-old MGA IIGL.
Biba launches latent defects scheme
The British Insurance Brokers’ Association has teamed up with specialist broker GBW to launch a latent defects scheme, consisting of building warranty cover tailored for the property development and construction industry.
Markel targets ‘real opportunity’ with construction launch
Markel has developed a new product for the UK construction sector.
Swindle targets doubling Ardonagh UK commercial MGA in three years
Ardonagh’s UK Commercial MGA CEO Jaime Swindle is targeting doubling the size of the business in the next three years taking it into the region of £500m gross written premium.
Aviva expands appetite to boost sustainable building projects
Aviva has expanded its underwriting appetite to include engineered timber in commercial developments following a pilot, which saw it working with a handful of developers on sustainable building projects.
Regional restructure to help QBE get closer to brokers – Fitzgerald
QBE’s regional restructure in May will help the insurer become more visible with brokers, according to the insurer's director of UK regions Andy Fitzgerald.
A ‘moral commitment’ - Aon and Lloyd's partner to help Ukraine
Aon and Lloyd’s have partnered with an insurer to support Ukraine firms and ‘restore well-being’ to the war-ravaged nation.
Blog: Homing in on high-net-worth claims
Quality service, especially for claims, should not be lost in any efficiency drive when it comes to expansion in the high-net-worth space, warns Simon Loerns, director of specialist services at Woodgate & Clark loss adjusters.
Meet the MGA: Burns & Wilcox UK
Stuart Kilpatrick, managing director, Burns & Wilcox UK explains how creating an empowering environment and building long-term relationships with partners have been key to its success
The stats: Q1 2023: Onwards and upwards – commercial rates continue to rise
Insurance rates increased year-on-year by 4.5% in the first quarter of 2023 with property being the key driver according to research from Acturis. Rachel Gordon digs into the data.