Fleet

Broker optimism on the up in fleet

Direct Commercial’s latest broker barometer has found 56% of brokers experienced difficulties in securing coverage for smaller fleets in the last quarter, a slight improvement from 60% earlier in the year.

SRG adds to MGA offering with Capulus

Specialist Risk Group has purchased Capulus, a specialist motor fleet managing general agent, based in Wales, and will build out SRG's MGA MX which was launched in December 2021.

Ardonagh Advisory notches up fifth buy of 2024

Ardonagh Advisory has acquired Rollinson Smith Insurance Brokers, a community broker servicing the Shropshire, Staffordshire, West Midlands and North Wales regions with a reach in London and other areas of the country.

The stats: Fleet racing ahead at record rate

The latest statistics from Acturis have shown the fleet market bucking the trend on premium increases. Whereas almost all other lines have seen hardening falling away, fleet has surged on, up by 7.9% – the highest quarterly rise on record.

Market Movement Index: should I stay or should I go?

New research from analyst Broker Insights shows there is plenty of commercial policy movement – particularly in lower premium classes – which indicates strong competition and adequate capacity. But do brokers agree? Rachel Gordon reports.

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