Chubb has added four industry-specific products to its mid-market commercial combined proposition – MasterPackage. They are office professions and surgery; retail and shops; manufacturing; and wholesale and distribution. Chubb’s MasterPackage proposition now has products aimed at 10 specific sectors.

The average claim for a missing diamond has jumped by 33% from £7,618 in 2024 to £10,157 in 2025, according to Aviva. The insurer said it had also recorded a 13% rise in the number of claims for missing diamonds during the same period.

Data from Defaqto’s latest general insurance price index shows that average motor premiums in Q1 2026 rose by 1.4% during the quarter. They remain 6.8% lower than a year ago and more than 23% lower than two years ago. On a longer-term horizon, Defaqto said premiums were up by 9.1% since the beginning of 2020.

Acrisure UK Broking has added four firms to its platform, They are managing general agent Confidas and brokers Heathwoods Insurance and Financial Services, Marrs Insurance Brokers and Smith Greenfield Services. The additions boost Acrisure’s plans to grow its influence in the UK retail broking market.

Hybrid insurer Bridgehaven Europe Specialty DAC has signed a capacity deal with managing general agent Arrow Risk Management GMBH. Arrow has a focus on underwriting risks associated with technology products and services, providing global technology errors and omissions coverage on either a standalone or combined basis.

Managing general agent Pen Underwriting has agreed a multi-year deal with insurers Zurich and Hiscox for its non-standard household insurance business in the UK, Channel Islands and Isle of Man. Zurich already supports Pen in areas such as specialised fleet cover, while the backing from Hiscox marks the beginning of a new relationship.

The British Insurance Brokers’ Association has renewed the travel scheme that Jackson Lee Underwriting provides to its members. The scheme gives members access to holiday, sports and business travel insurance policies to cover individuals, families, groups and sports teams.

George Shirley and Harry McAlister have set up Bontra AI with the aim of overcoming many of the recruitment issues that blight the industry and prevent firms from securing a consistent quality of candidates. Shirley was previously an account executive at Howden Insurance Brokers while McAlister comes from a technology background.

Managing general agent Alps has responded to the deterioration of the UK’s road surfaces by launching a pothole add-on policy for brokers. The insurance provides up to £2,000 of cover for pothole related damage to vehicles including private cars, motorcycles, commercial vehicles and motorhomes up to 3.5 tonnes.

Consumer satisfaction with insurers in Q1 2026 sits at 86%, the highest level recorded since the Chartered Insurance Institute began recording the data in 2019. The findings came from the CII’s latest public trust index, which monitors the market’s performance in motor, travel and buildings and contents insurance across 9 metrics – loyalty, confidence, ease, protection, price, relationship, speed (claims), respect (claims) ad control (claims).

Intermediary Howden has penned an agreement to acquire the insurance and financial services consulting team at Hymans Robertson LLP. The deal also sees the launch of Howden Insurance Actuarial and Longevity, broadening the scope of expertise the firm can offer to clients. Howden said the new division would combine the Hymans Robertson LLP team as well as the personnel brought on board following the Barnett Waddingham acquisition in Q1 2025.

Admiral Business has launched a new taxi insurance proposition for public and private hire drivers, adding to the products it offers to SMEs, sole traders and contractors. Initially, Admiral Business will offer single vehicle taxi cover with plans to extend this to fleets later in the year.

Folgate Underwriting Agency Limited has expanded its product offering with the launch of a new professional indemnity product aimed at financial advisers and mortgage brokers. The managing general agent said policy limits of up to £5m were available and brokers also had access to excess of loss top up facilities.

Readhunt has achieved Lloyd’s Broker status enabling it to provide clients with direct access to the Lloyd’s market. The firm is part of SRT and Partners, which was founded in 2024 and is backed by BP Marsh and Partners plc. Since launch, SRT has acquired Readhunt and First Business Finance.

Comprehensive motor premiums fell by 9% during the last year, according to data from the latest Confused.com car insurance price index in association with WTW. It found that motorists were now paying an average of £711 for cover. The index showed that premiums were now 29% lower than their peak of £995 in December 2023. However, the data suggested rates could be on the turn.

Digital risk processing platform Cytora has formed a partnership with Ideal Postcodes, which offers address validation and postcode lookup services. Cytora will incorporate Ideal Postcodes’ datasets into its platform, enabling commercial insurers to capture, verify, and clean address data at the point of underwriting.