PIB Group has acquired Sullivan Insurances which was founded in 1983 and is based in Limerick. The acquisition follows the recent purchase of Fingal Insurance Group, which is based just outside Dublin.

Global fintech company Acrisure, has bought insurance broker and risk manager Russell Scanlan, which was established in Nottingham in 1881. Russell Scanlan operates across the commercial sector, serving SMEs up to large corporates. It also caters for private clients. Acrisure said it would announce further UK acquisitions imminently.

Managing general agent Nexus Underwriting has formed a new division – Nexus Frontier – for fronted insurance arrangements. Nexus Underwriting has partnered with Accredited Insurance (Europe) Limited as its fronting partner and will also be supported by a panel of reinsurers. Nexus Frontier will focus on financial lines products and be located at Box number 358 in the Lloyd’s underwriting room.

MIC Global has secured approval to start underwriting at Lloyd’s through Syndicate 5183. It will be managed by Asta through Lloyd’s syndicate in a box platform. MIC Global specialises in embedded insurance products.

Specialist re/insurance broker Miller has announced that James Hands will succeed Greg Collins as CEO on 1 January 2023. Collins will become chair of the partnership board, succeeding Graham Clarke who is set to retire.

The Clear Group has acquired Yorkshire-based chartered broker and risk management business, ProAktive. ProAktive has a gross written premium of £27m and was originally founded in 1975. In 2018, a management buyout gave control of the business to the executive team led by Ian Laycock and Andy Morley.

Professional services and technology business Davies has acquired specialist loss adjuster and claims services provider ProAdjust Limited, which is headquartered in Dublin. ProAdjust will join Davies’ Claims Solutions division in the UK and Ireland.

Independent insurance and financial planning business Brunel Group has opened a new office in Newton Abbot, Devon. The firm has relocated from nearby Bovey Tracey and aims to expand the business significantly from its new premises.

The Financial Conduct Authority will delay its review of new regulations it introduced in April 2021 to help consumers with more serious pre-existing medical conditions better navigate the travel insurance market.

Salvage and automotive recycling network, e2e Total Loss Vehicle Management, has joined the Managing General Agents’ Association as a supplier member. The move means that members of the MGAA can access salvage and automotive recycling services from within the association for the first time.

The All-Party Parliamentary Group on Connected and Automated Mobility has joined industry voices calling for the upcoming Transport Bill to support a non-prescriptive and flexible regulatory framework for self-driving technology that allows for the rapid development and innovation taking place in the sector.

Lloyd’s has announced that Bruce Carnegie-Brown has been re-appointed for a third term as chair with a term running from June 2022 to June 2025. He was first appointed in June 2017. Lloyd’s said he had made significant progress against its four strategic pillars of performance, digitalisation, culture, and purpose.

Digital broker Policy Powerhouse has launched a quote platform in the UK for holiday let insurance to enable business owners to get a quote for, and purchase, holiday let buildings and contents insurance in minutes.

Almost half (49%) of UK consumers think that price is the only differentiator between home insurance products, according to YouGov research, commissioned by insurance provider Paymentshield and conducted with more than 2,000 adults.

MGA platform Pine Walk Capital Limited has launched its seventh MGA, Pernix Specialty Limited. It specialises in political risk and non-payment risks and will be led by CEO Kade Spears (pictured) and CUO Caroline Coulson.

Technology and management consultancy Capco, believes insurtechs that prioritise hyper-personalisation and embedded insurance will be able to better underpin their long-term commercial value and define the sector in the coming years.