Construction
Ten ways to combat underinsurance
Brokers play a key role in helping businesses get the right amount of cover and in times of inflation, more than ever, this role becomes absolutely crucial in avoiding underinsurance, argues Nick Hobbs, chief distribution and regions officer at Allianz…
Iprism buys Metier Underwriting
Managing general agent Iprism has struck its first deal buying specialist underwriting agency Metier Underwriting for an undisclosed sum, Insurance Age can reveal.
Products: November 2022
Product launches including cover for smaller contractors, SME excess of loss, community enterprises and embedded scheme business
Focus joins forces with NIG to launch contractors liability facility
Specialist construction managing general agent Focus has teamed up with NIG to launch a contractors liability facility designed especially for smaller contractors.
Interview: Chris Wallace, executive director, UK, QBE Insurance
Chris Wallace, executive director, UK, QBE Insurance, speaks to Siân Barton about his career to date, a love for all things Latino and Liverpudlian and his plans for the future
TL Dallas posts 10% profit rise in 2021
TL Dallas Group has reported a 5.1% rise in turnover to £9.78m in 2021.
Aston Lark buys AJ Insurance Service
Aston Lark, a Howden company, has acquired Essex-based AJ Insurance Services for an undisclosed sum.
GWP up but profit and COR deteriorate for Allianz Holdings
Allianz Holdings has posted a drop in profit of 42%, from £170m to £99m for the first half of 2022.
Seventeen Group completes refinancing
Seventeen Group, the parent firm of broker James Hallam, has refinanced with Ares Management.
Amicus hits £22m in GWP and sets sights on M&A
Amicus CEO, Adam Scott, has told Insurance Age that the broker is looking to do deals as it aims to become the largest construction waste broker in the UK, following last year's MBO which was supported by Shawbrook Bank.
Burns and Wilcox eyes £60m-£65m in GWP
The MGA and underwriting business has experienced “significant growth” since it was created in 2019 and is open to M&A as a tool for growth according to CEO, Stuart Kilpatrick.
HDI restructures UK & Ireland operations
HDI Global and HDI Global Specialty’s UK and Ireland branches have been brought under a common leadership structure for the first time.
DR&P buys Channing Lucas & Partners
DR&P Group bought a 90% stake in Lloyd’s broker Channing Lucas & Partners late last year, according to a filing at Companies House.
QBE launches contractors combined for mid-market
QBE has launched a contractors combined product targeting the evolving needs of middle market construction customers.
Blog: Bona fide sub contractors – a hard sell?
Martino D’Aliesio, lead underwriter – casualty at Ensurance, on the key questions for brokers to guide their construction clients through the complex bona fide sub contractors area.
PIB buys Bailey Garner (Health & Safety)
The deal adds nearly 20 staff to the consolidator’s risk management business taking the total headcount to approaching 80.
Howden buys boutique broker, Ross Insurance Group
The business, based in Surbiton, specialises in financial and construction risks.
Consilium adds PI cover to asbestos scheme
The product is available to asbestos removers, demolition contractors, surveyors, general building firms, and allied trades.
Broking success: Care and the community
Directors Stephen Ward and Ryan Roberts talk to Insurance Age about the company’s genesis, things they would have done differently and plans for expansion across Cumbria.
RAW Insurance on track for further expansion
After having opened an office in Kendal last month, co-founders Ryan Roberts and Stephen Ward tell Insurance Age about their plans for the future.
PIB buys in Nottingham
JRT Insurance Brokers is PIB's eighth deal this year and will be integrated into its specialty division, PIB Insurance Brokers.
FCA issues warning over broker Professional Construction Risks
The watchdog said that it appears the business “acted dishonestly” and warned customers to decline to do business with the firm.
BLW becomes registered Lloyd's broker
The wholesale broker was bought by S&G Risk Solutions last year.
MBO for Blythin & Brown
Shawbrook Bank supported the venture with a commercial loan.