News
Specialist motor broker Quote Detective, which is part of the pH Innovate Group, has agreed a multi-year partnership with premium finance provider PremFina. Quote Detective has more than 100 staff at its Welsh call centre operation and last year achieved gross written premium of more than £26m.
Posted: 2026-01-22
Managing general underwriter Victor has launched a new property owners product, which consolidates its existing three products – property owners standard, non-standard and large property – into a single policy. Cover is available for small to large residential let properties, commercial properties, and mixed portfolios.
Posted: 2026-01-22
The London and International Insurance Brokers’ Association has said driving growth in a softening market and reinforcing London’s preeminent position in the specialty insurance market are priorities for the year ahead. LIIBA said a lot of its work on accelerating growth would be in exploring how digital transformation could make operations faster and more efficient.
Posted: 2026-01-22
Beazley has rejected Zurich Insurance Group’s cash takeover proposal, saying it materially undervalues the specialty insurer and its long-term prospects as an independent listed company. Following Zurich’s public approach, Beazley’s board unanimously dismissed this week’s offer, noting it was lower than the previous bid.
Posted: 2026-01-22
In a letter to insurance market chief executives, the Prudential Regulation Authority has said it is going to move all firms to a two-year cycle for periodic summary meetings. The regulator said it had already extended the timeframe from annual to biannual meetings for some firms, which had proved successful. This will now be rolled out across the market.
Posted: 2026-01-21
Fintech business Acrisure has rebranded previously acquired businesses Russell Scanlan and WH&R McCartney to the Acrisure brand. Other acquisitions that now operate under the Acrisure brand include Sutton Winson, Affinity Brokers, FinCred, Building and Land Guarantees, CRK and Hine.
Posted: 2026-01-21
Avantia Group, which is the parent of insurer Homeprotect, is to expand its collaboration with Google Cloud following an initial collaboration that saw Avantia build a proprietary anti-fraud tool called Holmes using Google Cloud technologies.
Posted: 2026-01-21
Clear Group has acquired Shire Insurance Services Limited, which is a niche broker focused on serving the UK veterinary sector. Alcester-based Shire was established in 1981 and its 15-strong team places annual gross written premium of around £7m.
Posted: 2026-01-20
Managing general agent Phoenix Specialty has secured A+ (Standard and Poor’s) rated capacity for its UK contractors’ all risks and contractors’ plant and equipment propositions. The capacity adds to its existing capacity deal with Axa Insurance UK and will enable Phoenix to widen its underwriting appetite.
Posted: 2026-01-20
Defaqto has acquired Pearson Ham’s market pricing business, which it said will strengthen its data and technology capabilities in the UK insurance and retail financial services industries. The £11m deal was completed through Defaqto’s parent company, Fintel plc.
Posted: 2026-01-20
Zurich Insurance Group announced that it is seeking to acquire specialty insurer Beazley, offering 1,280 pence per share in cash for 100% of the UK-listed business. The offer follows earlier approaches, which Beazley’s board rejected as significantly undervaluing the company.
Posted: 2026-01-19
The British Insurance Brokers’ Association and the Association of British Insurers have teamed up to launch an industry-wide total signposting commitment, which the government identified as a market intervention it would like to see in its financial inclusion strategy.
Posted: 2026-01-19
The British Insurance Brokers’ Association believes too many businesses are inadequately protected against the growing cyber risk they face. To combat this, it has confirmed it is working with the Department for Science Innovation and Technology to create an accredited directory of expert cyber insurance brokers.
Posted: 2026-01-19
Pro Global has secured office space in Liverpool’s Royal Liver Building, which will support the expansion of its operations in the city. Pro Global supports insurers with operational, audit, claims and digital transformation services. It also has a managing general agent incubation division and last year launched Pro Legal Solutions to manage insurance litigation cases.
Posted: 2026-01-16
Managing general agent OneBefore, which focuses on accident, absence, health and travel insurance, has agreed a distribution partnership with digital healthcare solutions platform CoverCubed Limited. The deal expands OneBefore’s reach into the SME market and marks CoverCubed’s entry into the UK – it has an established presence in South Africa.
Posted: 2026-01-16
Liberty Mutual Reinsurance has signed a memorandum of intent with the European Space Agency’s Business Applications and Space Solutions operation, which was formed in 2010 and has since supported 750 projects to help companies deliver space-based services and products.
Posted: 2026-01-16
Mobile network provider EE has teamed up with insurer Chubb to launch a gadget insurance product that offers cover for multiple devices. The policy offers damage cover that includes accidental damage, extended warranty, worldwide protection, and manufacturer-approved repair or replacement. Policyholders can also choose to include cover for loss and theft.
Posted: 2026-01-15
Automation platform business Unitary has joined the British Insurance Brokers’ Association as an associate member. Unitary said it had enjoyed success with managing general agent clients and wanted to grow the number of brokers it supported.
Posted: 2026-01-15
Underwriting platform and services provider Asta, which is a Davies company, has launched financial lines managing general agent Verde Risk Management. It will offer cover to UK and international clients for risks including commercial crime and management liability. Verde will operate as an appointed representative of Asta Underwriting Management Ltd.
Posted: 2026-01-15
Private equity form Inflexion has acquired Ascend Broking Group, which is based in Essex and has around 30 employees. Inflexion said the deal also marked the launch of a new insurance broker platform that would support independent brokers in managing everything from regulatory compliance and IT systems to corporate infrastructure and back-office finance.
Posted: 2026-01-14
The Lloyd’s Market Association has outlined its priorities for 2026 and said it would focus on underwriting, technical expertise, simplification of the market through digitalisation and regulatory issues. The LMA said a lot of work would also go into lobbying for its members in relation to the new Lloyd’s strategy, which is due to be announced in the coming months.
Posted: 2026-01-14
Managing general agent Amiga Specialty has secured Lloyd’s capacity to support and expand its financial institutions proposition. Amiga said the capacity would give it greater flexibility to support clients with international operations and cross-border exposures. The proposition is aimed at asset managers, investment firms, funds, banks, and fintech companies.
Posted: 2026-01-14
QBE is gearing up to expand its professional indemnity proposition and launch a media PI product in Europe. It has recruited Lucy Smith and Hannah Dennis as senior media PI underwriter and media PI underwriter respectively. Both join from Tokio Marine HCC.
Posted: 2026-01-13
Nexus Underwriting has acquired Sure Insurance Services, which specialises in providing medical tourism travel cover. Alison Thornbury founded Sure Insurance Services in 2003. The business will become part of Millstream Underwriting, which Nexus has owned since 2015.
Posted: 2026-01-13
Motor insurance specialist AND-E, which is part of the Japanese insurance business MS&AD Group, has announced plans to increase the headcount at its claims centre in Newcastle by 30%. The centre handles claims for brands including Toyota, Lexus, and Kwik Fit.
Posted: 2026-01-13
Findings from the Lloyd’s 2025 culture survey show that the market outperforms the financial services benchmark in 26 out of 28 metrics. The survey was conducted across the corporation, managing agents and brokers between September and October last year.
Posted: 2026-01-12
Partners& has acquired Hull-based broker STP Risk Solutions. Richard Storey established the firm in 20216. It is a general brokerage with a focus on property and a team of five. Partners& said the acquisition would strengthen its presence in the North East and add specialist skills to its existing operations.
Posted: 2026-01-12
Digital insurance provider Starpeak is planning to launch new products in the personal lines and micro-SME markets to further boost the 24% growth it achieved in gross written premium in 2025. In 2024, it achieved a turnover of more than £12m.
Posted: 2026-01-12
The number of pet insurance products has more than doubled since August 2023, according to a report published by Consumer Intelligence. It said the increase was creating confusion and complexity for consumers due to the proliferation of excess structures, co-payments and veterinary fee limits.
Posted: 2026-01-09
Managing general agent KGM, which specialises in the motor market, has renewed its capacity deal with Zurich UK. Under the deal, KGM has secured in excess of £2bn in gross written premium for the next five years.
Posted: 2026-01-09
Travel insurance provider Gigasure has launched Gigacard, which is a digital insurance record that policyholders can store in a digital wallet. The card keeps a note of policy details, expiry dates and key emergency contact details. Gigacard is available to all Gigasure customers across travel, backpacker and car hire excess insurance policies.
Posted: 2026-01-09
Jensten Group has acquired Broker One, Coversure Dudley and Mediprotect Healthcare. The deal with Broker One, which is based in Larbert, Scotland, is Jensten’s first move north of the border. It brings with it a team of eight and an office in Glasgow.
Posted: 2026-01-08
Comprehensive car insurance premiums fell by 13% in the year to the end of November 2025, according to the latest Confused.com Car Insurance Price Index in association with WTW. The research found the average premium was now £726.
Posted: 2026-01-08
Statera Managing Agency Limited, which is a subsidiary of Octave Ventures, has received regulatory approval to operate as a Lloyd’s managing agent. It will manage syndicates 4242 and 1416, which underwrite specialty risks produced through their strategic relationship with Octave Ventures, a division of Octave Specialty Group, Inc.
Posted: 2026-01-08
Blenheim Partnerships, which is part of White Bear Group, has launched a specialty trade-related managing general agent. It will write line sizes ranging from approximately £3m to £20m and will offer cover for consequential loss and trade disruption, political risk, contract frustration and trade credit.
Posted: 2026-01-07
Cyber insurance provider Coalition has expanded its UK underwriting appetite to include organisations domiciled in the Isle of Man, Jersey, Guernsey, the remaining Channel Islands, and Gibraltar. Coalition said it could quote organisations in the Isle of Man, Jersey and Guernsey Crown Dependencies through its existing UK broker network.
Posted: 2026-01-07
Broker Verlingue has expanded its UK proposition with the acquisition of Cambridge-based employee benefits and financial planning firm EBCam. The deal builds on Verlingue’s 2023 acquisition and subsequent integration of Brunsdon Employee Benefits. It said the new deal would also increase its geographical footprint in the UK.
Posted: 2026-01-07
Folgate Underwriting Agency Limited has completed a new capacity agreement, which has been led by International General Insurance Company (UK) Ltd. The deal provides primary and excess capacity for FUAL’s professional indemnity proposition, which it is seeking to expand over the coming years.
Posted: 2026-01-06
The Insurance Museum has secured a grant of £249,700 from The National Lottery Heritage Fund. The funding will secure the museum’s Insurance Heritage at Risk project for the next three years and will support research into insurance heritage and the development of an associated education programme.
Posted: 2026-01-06
Managing general agent Uris Group Limited has acquired Lutine Assurance Services from Ardonagh Group. Lutine offers key person, partnership and shareholder cover to SME and corporate clients alongside its group life proposition. It works through intermediaries as a Lloyd’s coverholder.
Posted: 2026-01-06
Deloitte expects the home insurance market to return a net combined ratio of 102.1% in 2026 on the back of the 98% achieved last year. It said increasing competition in the market would drive premiums down by 7% in 2026 to an average of £306.
Posted: 2026-01-05
At the start of the year, Callum Beaton (pictured) stepped into his term as president of the Chartered Insurance Institute, taking over the role from Nicola Stacey. Debbie Mitchell will serve as deputy president for 2026.
Posted: 2026-01-05
Average van insurance premiums fell by 8.9% in the year to the end of November, according to data from the latest Consumer Intelligence van insurance price index. Those aged under 25 saw premiums fall by 9.5% during the year, while those aged between 25 and 49 saw a drop of 9.3%. Drivers over 50 experienced a fall of 6.8% in quoted premiums.
Posted: 2026-01-05
Average motor premiums dropped by 0.7% in October and then 0.3% in November, according to Pearson Ham Group’s general insurance price index. It said average home insurance premiums fell by 0.5% in October and 0.1% in November. Both motor and home premiums are down by more than 13% on an annual basis.
Posted: 2025-12-23
Managing general agent Amiga Speciality has secured Lloyd’s capacity for its management liability proposition for SME and mid-market businesses. The facility is focused on risks in the UK and Europe. Last month, Amiga announced a five-year capacity deal through the Accelerant Risk Exchange to support its offering across D&O, professional indemnity, financial institutions and transactional risk.
Posted: 2025-12-23
Digital risk processing platform Cytora has teamed up with lifestyle analytics provider Pilotbird, which uses a range of open-source data to identify inconsistencies in claims and to provide actionable insights. Cytora said the partnership would help insurers using its platform to flag potential fraud.
Posted: 2025-12-23
Minority Broker Partnerships has made a strategic investment in Cyber Cover, which is a London-based cyber broker and digital platform. Cyber Cover’s platform provides a white-label proposition to enable partners to distribute cyber insurance under their own brand.
Posted: 2025-12-22
The British Insurance Brokers’ Association has confirmed that Michael Rea, UK CEO of Gallagher, will take up the post of deputy chair from incumbent Jane Keilty, UK CEO of Aon, who has reached the end of her tenure. Rea will take up the role on 6th January 2026.
Posted: 2025-12-22
The Financial Conduct Authority has said it will expand planned work to improve standards in the home and travel market as a result of the super complaint made by consumer watchdog Which?
Posted: 2025-12-22
Bravo Networks has launched Bravo Ventures which is a proposition designed to support new brokers to enter the market and create a sustainable business. It will offer practical guidance on securing authorisation from the Financial Conduct Authority as well as providing access to insurer agencies.
Posted: 2025-12-19
PIB Group has agreed a five-year extension to its premium finance partnership with Premium Credit across its operations in the UK and Ireland. The renewed agreement builds on a relationship that has now been in place for more than 20 years.
Posted: 2025-12-19
Alps has launched a fleet guaranteed hire vehicle policy that provides access to a hire vehicle if an insured vehicle is undriveable in the event of a road traffic collision, fire, malicious damage, or theft.
Posted: 2025-12-19
Ageas UK and Saga Plc have gone live with their 20-year affinity partnership, which was first announced at the end of 2024. Motor new business has gone live this week with home new business scheduled to be up and running in Q1 next year.
Posted: 2025-12-18
Non-standard commercial lines specialist Tower Insurance Brokers has secured a multi-million-pound funding facility from investor TDC, which will be used to accelerate further growth. Tim Forshaw founded Tower in 2017. It now controls gross written premium of almost £40m.
Posted: 2025-12-18
An investigation by the Insurance Fraud Enforcement Department has secured a conviction from Nottingham Crown Court against Matthew Johnson for fraud by false representation in regard to a number of false insurance claims made to Axa Insurance.
Posted: 2025-12-18
Aviva has teamed up with Percayso Inform to enhance its data enrichment capabilities across a range of both personal and commercial lines. Aviva said the multi-year agreement would support its pricing, underwriting and claims operations.
Posted: 2025-12-17
JMG Group has acquired SafeSchool, which is a health and safety consultancy with a focus on the education sector. Under the deal, SafeSchool becomes part of Risk Support Services, which is the risk management and consultancy division of Butterworth Spengler, a JMG Group company.
Posted: 2025-12-17
Mutual marine insurer UK P&I Club has joined SEA-LNG, which is a coalition that supports the shipping industry’s methane decarbonisation pathway and promotes the use of LNG, biomethane and e-methane as marine fuels.
Posted: 2025-12-17
EY has forecast that the UK motor market will return a net combined ratio of 101% in 2025, rising to 111% in 2026. This follows the 97% it achieved in 2024, the first time the market had been profitable since 2021. EY said the deteriorating outlook was due to downward pressure on premiums and ongoing inflation.
Posted: 2025-12-16
Send Technology Solutions has signed a partnership deal with Vega IT, which will see Vega IT use its system integration expertise to support Send in deploying its underwriting platform to a wider range of re/insurers. Send’s platform is designed to integrate with other systems such as policy administration, CRM and data warehousing. Vega IT will help ensure it does this as efficiently as possible.
Posted: 2025-12-16
Insurance provider Hastings Direct and law firm HF have secured a judgement at Uxbridge County Court against Nagarasa Ramanan, who is the director of dissolved company NKR Motors Claims Ltd, for making fraudulent credit hire claims. The court awarded damages and costs of £82,243.96 to Hastings Direct.
Posted: 2025-12-16
Managing general agent Pen Underwriting has agreed an expanded multi-year capacity deal with Zurich that will support its fleet proposition. The deal extends the longstanding relationship to provide capacity for the hazardous goods, tankers and environmental industries and from the start of the year will also include Pen’s broader fleet risks portfolio, including passenger transport risks.
Posted: 2025-12-15
Westfield Specialty International is going to launch a Luxembourg subsidiary to enable it to underwrite risks on company paper and expand its current capacity provision which is delivered through Lloyd’s syndicate 1200. It expects the Luxembourg subsidiary to begin writing business from April next year.
Posted: 2025-12-15
The Financial Conduct Authority has issued additional guidance to assist firms to combat bullying, harassment and violence in financial services. The regulator said its guidance covered how firms could apply rules on minimum standards of behaviour as well as the factors they should consider when assessing whether someone is fit and proper for their role.
Posted: 2025-12-15
The British Insurance Brokers’ Association has announced that the theme for its 2026 conference will be Time:To. The professional body said the aim was to encourage firms to put a focus on their present situation and to take decisions that drove meaningful change.
Posted: 2025-12-11
Reinsurtech platform Supercede has said inefficiencies associated with contract data are costing the market an estimated 3% of gross written premiums, which it said equated to approximately £2.25bn. It said more than two-thirds (68%) of market participants regularly rekeyed contract data post-placement and that more than half took more than a month to reconcile, post-placement.
Posted: 2025-12-11
The International Underwriting Association has created a council for chief underwriting officers in the London company market, which met for the first time this week. It will meet twice a year and its purpose is to help ensure the IUA’s work remains focused on supporting the underwriting operations of its members.
Posted: 2025-12-11
Open GI says two-fifths of brokers believe that in-person and telephone distribution will be more important in the years ahead, although 60% point to digital distribution as the main channel of growth for the market. The findings were published in a white paper based on distribution and placement research conducted in association with SparkMinds.
Posted: 2025-12-10
The Chartered Insurance Institute has launched a 12-month pilot programme with Birmingham City University in a bid to boost the insurance market’s talent pipeline. The initiative will see a variety of insurance experts engage with BCU’s business school and provide information and guidance on potential career opportunities and pathways.
Posted: 2025-12-10
Managing general agent Dual Group has entered into a global partnership with cyber risk analytic specialist CyberCube to improve its cyber underwriting capabilities. The partnership will provide Dual’s underwriters with access to modelling tools and APIs that will better inform their understanding of risks and potential exposures.
Posted: 2025-12-10
Allianz UK has upgraded its SME eTrade fleet market product and relaunched its no claims discount service on Acturis. It has also increased its appetite for younger drivers and reduced the size of a mini fleet from three to two vehicles. The carrier said it had increased its tolerance for electric vehicles as part of the changes.
Posted: 2025-12-09
Zurich has empowered its regional and commercial teams in nine regional hubs to offer multinational cover in seven European Economic Area countries for UK clients buying a mid-market commercial combined all risks policy. The extension will support UK businesses with operations in Austria, Belgium, France, Germany, Italy, Netherlands and Spain.
Posted: 2025-12-09
Financial consultancy Marsh Berry has said the number of merger and acquisitions in the insurance distribution sector for the year to date stands at 95, which was down by 34% on the 144 recorded at the same point last year.
Posted: 2025-12-08
The Department for Transport in conjunction with the Centre of Connected and Autonomous Vehicles, and Simon Lightwood MP have launched a consultation to gather views from road users, industry and disability groups to help shape the rollout of autonomous vehicles.
Posted: 2025-12-08
The Financial Conduct Authority has announced an AI live testing initiative to help firms develop their use of artificial intelligence in a safe and responsible way. Homeprotect is one of the brands within the first cohort of companies using the new environment.
Posted: 2025-12-08
Van insurance premiums fell by 4.4% in the three months to November 2025 and are down by 19% when compared to the same period last year. The data from consultancy Pearson Ham Group’s latest van insurance price index shows that premiums are down by 26% since their peak in mid-2024.
Posted: 2025-12-05
The Financial Conduct Authority is looking to replace five different complaints returns with a single consolidated return in a bid to reduce duplication and drive more consistent and comparable data collection. The new process will require regulated firms to report complaints involving customers in vulnerable circumstances.
Posted: 2025-12-05
The Lloyd’s Market Association has set out its aspirations for the market in 2026 in relation to operations and technology. These include an increased move to peer-to-peer technology adoptions, the adoption of the core data record across claims and the implementation of accredited data-standards in the proliferating number of broker platforms.
Posted: 2025-12-05
Independent broker network Momentum Broker Solutions has launched Momentum Equity Partners, which is a joint venture with AUB Group. Momentum Equity Partners will provide capital and support to the network’s appointed representatives and assist them to expand organically and/or through acquisition.
Posted: 2025-12-04
Motor insurer By Miles, which is part of the Direct Line Group has confirmed it has stopped quoting on new business and will not offer renewal quotes to existing customers from 6th January 2026. The announcement follows Aviva’s acquisition of Direct Line Group.
Posted: 2025-12-04
Bridgehaven Europe Holdings Limited has confirmed receipt of all the requisite regulatory approvals to formally complete its acquisition of SureStone Insurance DAC, which was announced earlier this year.
Posted: 2025-12-04
Specialty re/insurance broker Consilium has launched a UK contractors’ all risk facility that is available on an annual renewable basis as well as for standalone project risks. Consilium said cover would be available to contractors including civil engineers, builders, allied trades, shop and office fitters, groundworkers, and landscapers.
Posted: 2025-12-03
Independent intermediary Clear Group has expanded its footprint into Scotland through the acquisition of commercial insurance broker Cairn Corporate. Cairn is based in Kirkcaldy, Fife and was founded by Robert Young. It has an annual income of approximately £1m.
Posted: 2025-12-03
Axa XL and Placing Platform Limited have opened a new data exchange facility using Acord Solution Group’s Adept Placing data exchange gateway. The new connection enables Axa XL to receive structured data, final market reform contracts and supporting documents directly from PPL’s placing platform.
Posted: 2025-12-03
Addept Insurance Services has launched a new protection product for motorists that provides legal costs cover for personal injury, uninsured losses, motor prosecution defence, contract disputes and vehicle cloning claims. The product is called ‘Drive’.
Posted: 2025-12-02
Let and unoccupied property specialist Abacus has named managing general agent Alps on its panel. Under the agreement, Alps will provide Abacus brokers with online access to its home emergency, commercial landlord legal, excess protect and rent protection add-on products.
Posted: 2025-12-02
Wrightway Underwriting Limited has rebranded to Pen Underwriting Ireland following its acquisition in June 2024. The Wexford-based business has a network of around 200 broker partners and Pen has stated its intention of growing its Irish operations going forward.
Posted: 2025-12-02
Mark Richard Insurance, which is a subsidiary of The Broker Investment Group, has acquired a 75% stake in Portal Group. Portal was established in 2022 and is based in Tarporley, Cheshire. The commercial insurance broker manages gross written premium of £2m. Its existing managing director Jason Munnelly (pictured) will continue to lead the business following thew deal.
Posted: 2025-12-01
Partners& has acquired 3 Dimensional Insurance Limited, which is a Lloyd’s broker based in Upshire, Essex with a focus on property. The deal follows the recently announced acquisition of Avenue Insurance Partners and Ko-bolt International. The nine-strong team at 3DI will move to Partners& and form the foundation of the group’s operations as a Lloyd’s broker.
Posted: 2025-12-01
Sodalis Capital, which is backed by Alliant and BP Marsh, has launched its buy and build strategy with a stated focus on acquiring managing general agents. Colin Thompson is the new consolidator’s founder having previously established Kentro Capital (formerly Nexus Underwriting).
Posted: 2025-12-01
Peter Cullum-backed Minority Broker Partnerships has made a minority investment in Sturdy Edwards (Insurance Brokers) Ltd, which is based in East Grimstead and has been trading for more than 35 years. It serves both personal and commercial lines clients and annually places more than £3m in gross written premium.
Posted: 2025-11-27
The London Market Group has launched a 12-week consultation seeking feedback on proposals to introduce additional data points for open market claims and to clarify those already in the placing core data record that are required for claims. The CDR supports market digitisation by providing a standardised set of data points.
Posted: 2025-11-27
The Chartered Insurance Institute has published a guide that provides practical guidance on how firms can effectively identify, support and deliver fair outcomes for customers in vulnerable circumstances. The CII said the guide would assist market practitioners to translate regulatory principles into operational practice.
Posted: 2025-11-26
Partners& has acquired trade credit and surety bond broker Avenue Insurance Partners and B2B debt recovery specialist Ko-bolt International. Partners& said the deals would broaden the firm’s proposition and enable it to better support clients in building resilience.
Posted: 2025-11-26
A new three-year contract has extended the faster claims payment service in place at Lloyd’s. Vitesse will continue to provide the service, which is managed on behalf of the Lloyd’s market by LIMOSS (London Insurance Market Operations and Strategic Sourcing). All managing agents in the market have signed up to the service, which currently caters for more than 700 binders.
Posted: 2025-11-25
Brokers using Acturis can now access Alps’ Complete+ proposition, which combines motor legal protection cover with a guaranteed hire vehicle policy. The managing general agent said the combined cover served to protect clients’ legal rights and mobility.
Posted: 2025-11-25
UK-based AI automation specialist Tovie AI has launched an agent platform, which it says can assist insurers seeking to create and scale AI agents and multi-agent systems. The developer said the platform could be deployed via either cloud or in-house servers and used to create individual departmental agents as well as company-wide AI ecosystems.
Posted: 2025-11-25
Inner London Crown Court has sentenced Leon Price to a total of five years and three months in prison after the fraudulent insurance broker was found guilty of diverting customer payments totalling more than £133,000 into his own account. His actions left customers without cover for their homes, vehicles and commercial premises.
Posted: 2025-11-24
The cover provided by Premier Insurance Company Limited policies will come to an end on 1st December. The announcement comes after the carrier was placed into administration on 14th October. The motor insurer had more than 16,000 policyholders and was regulated by the Gibraltar Financial Services Commission.
Posted: 2025-11-24
The Insurance Fraud Bureau has appointed Scott Clayton (pictured), head of claims fraud for Zurich, as chair with effect from 1st January 2026. He replaces Karl Helgesen, chief operating officer, UK and international at Intact Insurance. Helgesen has served as chair since 2019.
Posted: 2025-11-24
Addept Insurance Services has created, in partnership with broker Nice 1, a dedicated rent guarantee and legal expenses product. It is aimed at landlords and local authorities providing social housing in England and Wales.
Posted: 2025-11-21
C&C Insurance Brokers has opened an office in London’s Mayfair at premises on Bolton Street, which were once the home of Winston Churchill (1905-1909). C&C said the move built on the growth it has achieved in the capital and follows the appointment of a permanent London-based business development executive earlier in the year.
Posted: 2025-11-21
The International Underwriting Association is seeking to attract more talent into the environmental insurance sector, which it described as both dynamic and purpose driven. The promotion of the sector is part of the IUA Futures programme and seeks to show environmental underwriting as a destination rather than a discipline into which people fall.
Posted: 2025-11-21
Re/insurance managing general agent Rokstone has created a dedicated cyber division in its bid to expand its footprint in this line of business. It said the covers available would provide protection against traditional exposures as well as emerging risks related to AI, supply-chain interconnectivity and operational technology.
Posted: 2025-11-20
UK travel insurance provider Staysure has launched operations in the Republic of Ireland. Staysure was established in 2004 and has a focus on providing cover for customers with pre-existing medical conditions. It said this would be attractive in a market, like many others, with an ageing demographic. It also said by 2030, the Irish travel market was expected to more than double its 2024 value of approximately £125m.
Posted: 2025-11-20
Oak Global has received permission from Lloyd’s for its syndicate 1440 to beginning underwriting. The syndicate will operate has Oak Enterprise and focus on providing property and specialty retrocession capacity to clients for business incepting from 1st January 2026.
Posted: 2025-11-20
Specialist motor fleet managing general agent Century Underwriting has agreed a long-term capacity partnership with Antares Insurance Company Limited. The partnership is effective from 1st December and stretches across both Century and its sub-brand Cognition.
Posted: 2025-11-19
Ardonagh Advisory’s general insurance businesses have rebranded to Everywhen and began trading under the new name this week. The group’s UK SME platform rebranded to the new identity earlier in the year. The move pulls down the curtain on more than 35 existing brands including Towergate, Ethos Broking and Berkeley Alexander.
Posted: 2025-11-19
Data from the Association of British Insurers puts detected fraud in 2024 at £1.16bn, up by 2% on the £1.14bn recorded in the previous year. The professional body said insurers uncovered 98,400 fraud-related claims in 2024, which was up by 12% on the number identified the year before.
Posted: 2025-11-18
Covéa Insurance has decided to outsource its provision of premium finance and has agreed a multi-year partnership with Premium Credit. The partnership will be based on a “pay as paid” model. This means Covéa will receive instalments as they are paid by customers, rather than receiving the entire annual premium up front.
Posted: 2025-11-18
Dale Underwriting Partners, which is the trading name of Dale Managing Agency Limited’s Lloyd’s Syndicate 1729 and managing general agent platform K2 Insurance Services, have received ‘in principle’ approvement to establish Syndicate 1954, which is a new special purpose arrangement.
Posted: 2025-11-18
Specialist motor insurance broker Premium Choice has agreed a multi-year partnership with premium finance provider, Premium Credit. Premium Choice was established in 1999 and has a focus on niche risks such as young motorists, those with convictions or poor claims history and vans.
Posted: 2025-11-17
Managing general agent Amiga Specialty has secured a five-year capacity deal through the Accelerant Risk Exchange. The multi-year and multi-product backing will support Amiga’s portfolio across commercial D&O, professional indemnity, financial institutions and transactional risk.
Posted: 2025-11-17
Aviva plc has reported general insurance premium income in the UK and Ireland of £6.7bn for the first nine months of the year. This is up by 17% on the same period last year. This included a 24% jump in personal lines, which it said reflected the acquisition of Direct Line, while the 10% surge in commercial lines was driven by Probitas, which it acquired last year.
Posted: 2025-11-14
Managing general agent Pen Underwriting has launched a new proposition for the waste-to-energy anaerobic digestion industry. Pen has created a suite of insurance options to cover the property and liability exposures faced by anaerobic digestion businesses operating in areas such as wastewater treatment, animal and farming waste, food and drink production, landfill and recycling.
Posted: 2025-11-14
The latest Energy Markey Review Update from Willis says that insurance buyers in the energy market are in a strong position to negotiate cost and coverage terms and that the market has softened further and faster since its previous update was published in April.
Posted: 2025-11-14
Data from the Association of British Insurers’ latest premium tracker has shown the average motor premium for Q3 2025 fell by £13 to £551, when compared to Q2. This is the third quarter in a row in which premiums have fallen. On an annual basis, the ABI said average motor premiums were £56 lower than they were in Q3 2024.
Posted: 2025-11-13
Managing general agent Magenta Insurance, which is part of Dual Corporate Risks, has signed a new capacity deal with Zurich, which is now in place for new business and renewals, to support its mid-net-worth prestige home insurance proposition.
Posted: 2025-11-13
Managing general agent Volt Underwriting has entered into the ports and terminals insurance class under a binder led by Tokio Marine Kiln. Chris Haines will underwrite an initial line of $15m covering global property and liability exposures.
Posted: 2025-11-13
The British Insurance Brokers’ Association will work with the Association of British Insurers to create a new signposting commitment after giving its support to the move published as part of the government’s financial inclusion strategy. The strategy outlines a switch to more comprehensive signposting for people seeking insurance.
Posted: 2025-11-12
Jensten Group has snapped up commercial broker Northern Counties, which has offices in Gateshead and Glasgow. Northern Counties is a founding member of Broker Network and the acquisition includes NCinsurance and NCstirling. The firm has a heritage that stretches over 50 years and the deal, which is subject to regulatory approval, will see the 20-strong team join Jensten.
Posted: 2025-11-12
Charles Taylor Assistance says demand for medical repatriations has almost doubled in the past year. It put the increase down to the fact that more travellers with multiple health conditions were able to secure travel insurance and go ahead with their international trips.
Posted: 2025-11-12
The International Underwriting Association has named Theo Butt (pictured), who is the chief executive officer, UK for Convex Insurance, as its new chair. On 1st January 2026, he will take over the post from Claire McDonald, chief executive officer of Scor Business Solutions, who steps down after completing her two-year term.
Posted: 2025-11-11
Insurance intermediary business the Clear Group, has inked its name on the UK Armed Forces Covenant, which is a pledge by businesses and organisations to ensure that ex and serving armed forces personnel and their families, are treated fairly and with respect. Clear said the move was part of its commitment to creating an inclusive and supportive workplace.
Posted: 2025-11-11
The Motor Insurers’ Bureau says that the RM19 postcode in Thurrock ranks top for uninsured driving defendants, with five of the top 15 places being taken by postcodes in the West Midlands. It said postcodes in Peterborough, Manchester, Belfast and Havering also made the top 15. MIB released the data to mark the start of its annual Operation Drive Insured campaign.
Posted: 2025-11-10
Data from Aviva shows that ghost broking in the young driver market is up by 4% in the last year and by 22% over the past two years. The insurer said young drivers aged 17 to 25 were losing an average of £2,000 when they bought bogus motor policies from ghost brokers, which includes the average cost of the premium (£1,700) and the associated fees (£300).
Posted: 2025-11-10
MyFirst, which specialises in finding motor cover for young, new, learner and student drivers has appointed Ageas UK to its panel of insurance providers. James Noble founded MyFirst in 2016 and its young driver proposition monitors driving behaviours and offers rewards to promote safer driving habits.
Posted: 2025-11-10
Westfield Specialty International, which owns Lloyd’s Syndicate 1200, has signed a partnership agreement with London-based insurtech, Insurwave. It said the collaboration would help it to improve its existing catastrophe and capital modelling processes and to enhance its reporting capabilities to the Lloyd’s market.
Posted: 2025-11-07
Gary Boome has launched Bournemouth-based Renata Group Ltd, which will provide commercial and personal lines solutions for clients. The new broker is an appointed representative of Momentum Broker Solutions, which is authorised and regulated by the Financial Conduct Authority.
Posted: 2025-11-07
According to Pearson Ham’s Pet Insurance Pricing Index for Q3, premiums were up by 0.9% on the previous quarter, although they are down by 3.5% on an annualised based. Pearson Ham said this was largely due to the 4.5% drop recorded last November.
Posted: 2025-11-07
Best Insurance will support British military veterans with six discounted products that are now available on the armed services veterans’ platform, weServed. The products are accident, sickness, unemployment, pet, gadget and home contents insurance.
Posted: 2025-11-06
Manchester-based Principal Insurance Limited has bought Peart Performance Marque Limited’s book of business following its entry into administration on 30th October this year. Peart was established in 1984 and the sale of the high-risk vehicle and home insurance broker’s portfolio was arranged by joint administrators Dean Watson and Paul Stanley of Begbies Traynor.
Posted: 2025-11-06
Commercial insurance specialist Clear Group has penned a multi-year contract with premium finance provider Premium Credit, which will cover operations at its UK and Irish businesses. The deal builds on an existing arrangement and comes on the back of a market review.
Posted: 2025-11-06
Managing general agent Alps has launched a new GAP product for fleet risks which is available via brokers. Aimed to support organisations operating commercial fleets, the product is delivered in partnership with AMS Insurance Services Ltd, which will manage claims. This is the third GAP product Alps has launched with AMS.
Posted: 2025-11-05
Within six months of launch, Addept Insurance Services is covering almost 69,000 Police Federation members with its officers’ legal protection policy. This means it has exceeded a 50% penetration rate of the police officers in England and Wales who subscribe to Police Federation Group Insurance schemes.
Posted: 2025-11-05
Phelan Caswell Insurances has rebranded to Clear Insurance Ireland following its acquisition by the Clear Group in 2024. Founded in 1998 Phelan Caswell Insurances was previously known as BHP Insurances and has a client base of more than 2,500 people. Prior to becoming part of the Clear Group, it had acquired EBIB Insurances (2023) and Sweeney Walsh and Associates’ book of business (2024).
Posted: 2025-11-05
Acies MGU has launched Subscribe MGA, which is a Lloyd’s backed managing general agent with a focus on financial lines including professional indemnity, management liability, and directors and officers coverage. Subscribe will target SME and mid-corporate clients in both the UK and international markets.
Posted: 2025-11-04
The Chartered Insurance Institute has published a report entitled Crypto Confidence: How can the London Market demystify digital asset insurance? The publication came about as part of the CII’s New Generation Programme and was promoted at an event held at Lloyd’s. The event explored the intersection of insurance and the digital asset market, which has seen its market capitalisation grow from approximately £10.5bn in 2016 to around £1.2tn in 2024.
Posted: 2025-11-04
The Financial Conduct Authority has published a warning about an unauthorised firm – closebrotherswm.com – purporting to be Close Brothers Limited. In its warning, the FCA reiterated the fact that customers using an unregulated firm will not be protected by the Financial Service Compensation Scheme.
Posted: 2025-11-04
Allianz UK has penned a five-year partnership deal with managing general agent Ticker, which specialises in connected motor insurance. From 1st November, Allianz will provide claims and underwriting support across Ticker’s portfolio of products. Ticker offers products for drivers of cars and vans with different age profiles as well as those with convictions. It also offers a per mile product.
Posted: 2025-11-03
The Auto-Cycle Union has appointed Berkshire Hathaway Specialty Insurance as its new insurance provider with effect from 1st November. The deal comes on the back of a two-year review by the ACU of safety management and insurance arrangements, which led to it updating its risk assessments to align with guidelines from the Health and Safety Executive. The ACU said it had also forged a closer working relationship with its longstanding broker, Lockton.
Posted: 2025-11-03
Toyota is offering retail customers who buy a new car between 1st November and 31st January insurance cover with a fixed premium for three years. Available from Toyota Insurance Services, the deal means a new Aygo X can be insured for £300 a year while cover for other models, such as the Yaris hatchback and Yaris Cross hybrids will carry a premium of £450. The most expensive premium of £1,080 is for the RAV4 plug-in hybrid.
Posted: 2025-11-03
The Ministry of Justice has launched a post-implementation review of the Whiplash Reform Programme that was implemented on 31st May 2021 and has issued a call for evidence with an eight-week window and a deadline of 22nd December.
Posted: 2025-10-31
Ageas has selected RAC Legal Services to provide legal expenses insurance to motor, van and home insurance customers across both its Ageas and Rias brands. RAC already is already Ageas’ breakdown assistance partner.
Posted: 2025-10-31
American International Group has acquired a 35% equity stake in Convex Group Limited. The investment is part of a new ownership structure in which Onex Corporation holds a 63% stake. Stephen Catlin and Paul Brand founded Convex in 2019 and apart from its management, the group’s founding equity partners, which include Onex’s Partners V private equity fund, will sell their stakes as part of the deal.
Posted: 2025-10-31
Starr has signed an agreement to acquire IQUW Group, which comprises two Lloyd’s syndicates: IQUW, a specialty re/insurer and ERS, the biggest motor insurer in Lloyd’s. Following the completion of the transaction, which is expected in the first half of 2026 and is subject to regulatory approvals, Peter Bilsby, chief executive officer of IQUW Group, will lead Starr’s international business.
Posted: 2025-10-30
Managing general agent incubator Mission has announced that it will support the launch of Lumara Insurance before the end of the year. Lumara will be a UK commercial combined MGA that will specialise in business insurance and motor trade combined products for UK brokers.
Posted: 2025-10-30
Fortegra Insurance UK has been admitted to the National Association of Insurance Commissioners’ Quarterly Listing of Alien Insurers. The accreditation enables its UK agents and brokers to use its UK-domiciled capacity to address risks that require a US surplus lines solution.
Posted: 2025-10-30
Research from Allianz has found that the UK tops the European table of concerned drivers in relation to the safety of automated vehicles. It has also highlighted that details around data sharing from such vehicles still need to be clarified. The Automated Vehicles Act, which came into force in 2024, means automated vehicles could be on UK roads from next year.
Posted: 2025-10-29
Axa UK has renewed its capacity deal with Avantia Group and has signed a multi-year extension to provide capacity for Avantia’s non-standard home insurance brand Homeprotect. Axa first partnered with Avantia in 2012.
Posted: 2025-10-29
Figures from the government’s Compensation Recovery Unit show that there were 71,849 personal injury claims registered as a result of road-traffic accidents in the third quarter of this year. This was down from 72,534 in Q2 and 74,211 in Q1.
Posted: 2025-10-28
The insurance division of Arch Capital Group Ltd achieved gross written premium of approximately £1.9bn in the three months ended 30th September 2025. This was up by 9.7% on the same period last year. Its combined ratio of 93.4% has nudged up from 93.1%. The reinsurance division achieved gross written premium of approximately £1.9bn, down by 9% on Q3 last year. Its combined ratio improved to 76.1% from 92.3%.
Posted: 2025-10-28
Professional services consultancy Barnett Waddinghham, which was acquired by Howden earlier this year, has relocated its West George Street Glasgow office to the Cadworks building in the city. Cadworks is Glasgow’s first net zero office building and Barnett Waddingham said the move demonstrated its commitment to Glasgow and to delivering growth in Scotland.
Posted: 2025-10-28
Financial consultancy Broadstone says a jump in care worker pay will hit the costs attached to the Periodic Payment Order obligations of UK motor re/insurers. PPOs are court-ordered settlements that insurers have to pay to claimants who have suffered catastrophic injuries.
Posted: 2025-10-27
Nikhil Rathi (pictured), chief executive officer of the Financial Conduct Authority, has said UK businesses are running the risk of being “massively” underinsured in relation to the cyber exposures they face. Speaking at the Corporation of the City of London’s annual City Dinner he said it was imperative that financial services and insurance were an integral part of the UK’s national security.
Posted: 2025-10-27
Casper Specialty UK Limited, which focuses on the casualty market has launched Tundra Specialty, which will underwrite risks in the renewable energy sector. Casper said the move would help it to broaden its underwriting footprint and that Tundra would begin writing business before the end of the year.
Posted: 2025-10-24
Private equity firms GTCR and Synova LLP have confirmed they have closed the acquisition of UK insurance broker JMG Group, which was initially announced earlier this year. JMG Group came into being in 2020 following a management buyout of JM Glendinning, which was led by group CEO Nick Houghton with backing from Synova.
Posted: 2025-10-24
Geo Underwriting and Navigators & General have expanded access to N&G’s boat club product to all UK brokers trading with the two firms. The move comes a year after Ardonagh-owned managing general agent Geo acquired N&G from Zurich. In the past year, Geo has also increased N&G’s risk appetite to include cargo vessels and commercial fishing boats.
Posted: 2025-10-23
Global medical assistance business AP Companies is seeking to drive growth in the UK’s composite, London and Lloyd’s markets and has established a presence in the City of London from which to launch its offensive. Lizzie MacLehose (pictured) will lead the team of six that will be based in the new commercial and strategic centre, which will be supported by the firm’s existing site in Beckenham.
Posted: 2025-10-23
Home insurance specialist Homeprotect, which is part of Avantia Group, has launched a home risk calculator that enables users to see the level of exposure they face to perils such as subsidence, flood, storm, theft and escape of water.
Posted: 2025-10-23
The deadline for entries for the 2026 National Insurance Awards has been extended to 5th November 2025. Celebrating excellence in the field, the National Insurance Awards highlight the very best in general insurance provision and management in the UK.
Posted: 2025-10-23
Asda Money has entered the commercial insurance market and has struck up a partnership with broker Everywhen to offer business insurance. This is the first time Asda Money has extended its reach beyond personal lines and it said the new proposition would target sole traders, start-ups and SMEs across multiple sectors.
Posted: 2025-10-22
JMG Group has announced a further trio of acquisitions, bringing the total for the past two months to ten. It has acquired Glowsure Insurance Brokers, James Brown & Sons and R Todd Insurance Services, which are all family-run brokers that will increase the group’s regional footprint.
Posted: 2025-10-22
MX, the underwriting pillar of Specialist Risk Group, has secured a multi-year delegated distribution agreement with Aviva. The deal will support Trilogy Underwriting, MX’s London Market underwriting business that specialises in UK property and liability covers for SME and mid-market risks.
Posted: 2025-10-22
Folgate Underwriting Agency Ltd has launched a new product called Contractors Combined to support brokers placing construction risks. It provides the option to tailor the specific cover provided by a policy from the following options: employers’ liability, public and products liability, contractors all risks, personal accident, property, professional indemnity, directors and officers liability and legal expenses.
Posted: 2025-10-21
Brown & Brown (Europe) Ltd has agreed to acquire Kent-based managing general agent Pardus Underwriting Limited, which specialises in property owners and commercial combined products. In addition to its headquarters in Cranbrook the MGA also has offices in London.
Posted: 2025-10-21
The Lloyd’s Market Association and Lloyd’s will host an underwriting talent summit on 24th November for female underwriting leaders as well as chief executive officers and chief underwriting officers to explore how best to advance female underwriting leadership and to discuss the policy changes necessary to drive change.
Posted: 2025-10-21
The Financial Services Compensation Scheme has declared that Arthur Temlett trading as Abacus Insurance Consultants is ‘in default’ after assessing that a claim for an insurance policy which does not exist was eligible for compensation.
Posted: 2025-10-20
JMG Group has taken ownership of the insurance broking and trade assets of Glasgow-based broker Taveo Group Ltd. Taveo also has an office in Guildford and the 14-strong team will join Greenwood Moreland, which is part of JMG Group, and strengthen its commercial capabilities in both Scotland and the South of England.
Posted: 2025-10-20
Axa UK has raised concerns that too many property owners installing solar panels on to their premises remain unaware of the need to then carry out regular maintenance. The insurer said three fires last year highlighted the need to instruct a reputable installer to carry out the work and to then complete an ongoing maintenance schedule.
Posted: 2025-10-20
Nathan Atkins has been sentenced to 20-months imprisonment at Bournemouth Crown Court after pleading guilty to six counts of fraud by false representation. An investigation supported by the Insurance Fraud Bureau found he had manipulated women he met on dating sites to participate in a string of staged accidents.
Posted: 2025-10-17
Guernsey-based insurance and risk management advisory firm Astaara has increased its underwriting capacity to $27.5m, up from $25m (2023) and $12.5m (2020). Astaara offers cyber risk advice, insurance, and real-time analytics to clients in the marine, offshore and port sectors. It is an appointed representative of Davies MGA Services Limited.
Posted: 2025-10-17
Ratings agency Moody’s believes that personal and commercial lines rates have peaked and that although it expects results from UK property and casualty insurers to weaken it believes they will remain strong in the coming year. It said its outlook for the UK P&C sector remained stable.
Posted: 2025-10-16
Specialty re/insurance wholesale broker Consilium has launched a standalone stock facility available through its Cargo Risk Solutions division. It said the facility would help create choice for brokers and their clients in the face of increasing supply chain volatility and evolving warehouse and storage risks.
Posted: 2025-10-16
CFC has secured approval to offer insurance policies that provide cover for carbon credits issued as part of the Carbon Offsetting and Reduction Scheme for International Aviation. The CORSIA initiative seeks to reduce the impact of carbon emissions from international flights.
Posted: 2025-10-16
Zurich Insurance has partnered with Quantexa and implemented its AI-enabled Decision Intelligence platform to help validate claims in real time across multiple lines of business. The platform cross-references data from the Claims and Underwriting Exchange database as well as from the Insurance Fraud Register. It also links to open-source data sets such as Companies House.
Posted: 2025-10-15
Covéa has extended its 20-year partnership with The AA and joined its van insurance panel. In the past, Covéa has offered private car and standard home insurance products to The AA’s customers. Earlier this year, The AA expanded its proposition to include van insurance and it has now appointed Covéa to its panel of providers.
Posted: 2025-10-15
Tokio Marine Kiln has launched Enterprise Ctrl, which is an errors and omissions proposition that offers cyber, technology E&O, media and intellectual property cover from a single policy. Tokio Marine Kiln said the single product reduced the risk of coverage gaps for policyholders.
Posted: 2025-10-15
Specialist loss adjuster Criterion, which is part of Charles Taylor Adjusting, has launched a new division called Signature Claims Service to deal with particularly complex and specialist claims in the high net worth and ultra high net worth markets.
Posted: 2025-10-14
Coversure Nottingham has opened its doors for business and will cater for local firms under the leadership of Scott Miles. In addition, Miles has launched Platform Insurance Training Services to help plug the industry skills gap and offer learning and mentoring opportunities to those seeking to develop their professional abilities.
Posted: 2025-10-14
Marsh McLennan is rebranding. From January 2026, it will be known as Marsh.
Posted: 2025-10-14
Flood Re says the UK economy could save £740m by implementing simple and affordable property flood resilience measures that would protect more than 3 million homes from flooding. It said 3.1m homes in the UK were exposed to possible flood depths of 60cm, the range at which PFR measures are proven to be effective.
Posted: 2025-10-13
Ecclesiastical Insurance's Broker Wellbeing Survey, which canvassed responses from 201 brokers, has found that almost half of those questioned rate their stress level as either high or very high. This is the highest percentage recorded since the survey launched in 2019. During the last 12 months, almost half said they had experienced anxiety or had been overwhelmed. A fifth said they had found themselves unable to cope.
Posted: 2025-10-13
Property focused climate and risk consultancy ZestyAI, has published a report in which 61% of the 220 executives canvassed said the insurance market was not adapting quickly enough to climate remated risks. The 2025 State of Property Insurance report found that 68% of executives believed advanced AI models can help manage climate-related losses more effectively, but that only one in four cited AI as a primary method for managing perils.
Posted: 2025-10-13
Broker Willis has highlighted a significantly softening international mining market in its latest Mining Market Review. The report said capacity for mining liability risks had increased for a third successive year and that premiums for mining property damage and business interruption insurance were seeing double-digit rate reductions.
Posted: 2025-10-10
Data from pricing consultancy Pearson Ham has shown that motor premiums fell by 2.9% in Q3 of this year, extending a downward trajectory that began in April 2024. Combined buildings and contents premiums were down by 4.9% in Q3, which was the fifth consecutive quarter of decline.
Posted: 2025-10-09
PIB Group Ltd has acquired Guernsey-based general insurance broker Ross Gower Group. It was founded in 1948 and has a team of 18 led by owner and director Dean De La Rue and director Gareth Burchell. It provides car, home and commercial vehicle insurance to clients in the Channel Islands and the Isle of Man.
Posted: 2025-10-09
Managing general agent and Lloyd’s coverholder Blenheim Partnerships, which is part of White Bear Capital Limited, is to establish a new cyber team and has appointed Geoff Pryor-White to build out the proposed delegated cyber and technology E&O offering. Pryor-White founded Tarian Underwriting in 2016, which he grew and led through to a sale in 2022.
Posted: 2025-10-09
Engineering and technology insurer HSB has created a cyber insurance and incident response solution aimed at businesses in the UK and Ireland with revenues of up to £10m. The CyberPro product offers cover against cyber risks, data breaches and IT system vulnerabilities. It offers incident response support via a helpline.
Posted: 2025-10-08
Specialist managing general agent services platform OneAdvent, has secured a Lloyd’s capacity agreement for its Financial Lines MGA that will enable it to pursue growth opportunities in the EU and emerging markets. Lloyd’s coverholder and financial lines managing general underwriter Casper Specialty (UK) will lead the new facility.
Posted: 2025-10-08
Specialist managing general agent Carrow Insurance has launched a new range of accident and health covers for the UK, which is aimed at the corporate and affinity market. Carrow is supported by MGA incubator Mission, which provides Carrow’s infrastructure and support services.
Posted: 2025-10-08
The Insurance Fraud Bureau has launched ‘Connected to Protect’, its new five-year fraud strategy that centres on increasing the quality and quantity of data held and raising public understanding of insurance fraud. The IFB said it would deliver a unified technology platform that will bring the IFB datasets together in one place, alongside a fraud investigation case management system.
Posted: 2025-10-07
Partners& is looking to expand into the South West and has invested in city centre premises in Bristol. The new office, which will act as the broker’s South West hub, is located at The Crescent in Temple Back. Partners& said its client focus was on those in the digital, technology, life sciences, construction, natural resources and the creative industries.
Posted: 2025-10-07
Davies has launched two new AI agents on its ClaimPilot product suite to assist casualty claims handlers and adjusters. One will assist on opening a claim and conducting initial tasks such as reading documentation. The other will focus on automating claim validation tasks.
Posted: 2025-10-07
Merger and acquisition advisory specialist MarshBerry said a flurry of deals in September made it the busiest month since April this year when the tax year ended. But the total of 25 transactions in Q3 this was down on the 30 deals in Q2. In 2025, the total transactions for the year to date is 75, down by 34% on the 114 achieved in the same nine months last year.
Posted: 2025-10-06
Consumer Intelligence has launched a new pricing service for general insurers which it says brings transparency to the market and enables carriers to better see exactly how the machine learning technology generates its outputs. Consumer Intelligence said ‘black box’ AI, which generates pricing decisions but does not allow users to see what factors it considers or how it weights these factors was not the best approach.
Posted: 2025-10-06
The London and International Insurance Brokers’ Association has published a report detailing the role of specialty brokers in the bid to close the widening protection gap. The publication, which is entitled “The Innovation Imperative: Why Brokers Matter More Than Ever”, was drafted in association with Gracechurch and Trimstone Partners. It says the protection gap is widening because emerging risks are evolving faster than the market can develop insurance solutions to manage them.
Posted: 2025-10-06
Property claims inflation continues to squeeze insurers’ costs despite a general softening over the past 18 months, according to analysis from Claims Consortium Group. The firm’s anonymised tracker, using a mix of proprietary and public micro and macroeconomic data, found that some cost categories have stabilised while others remain volatile, creating pinch points for insurers and repair networks.
Posted: 2025-10-03
Specialist drone cover managing general agent Moonrock Insurance has secured investment from Minority Broker Partnerships, an investment vehicle backed by Towergate founder Peter Cullum. Moonrock said the investment would fund its ongoing expansion and innovation in the drone and eVTOL insurance sector.
Posted: 2025-10-02
Julia Graham will be stepping down as chief executive of Airmic in April 2026, with Diane Maxwell set to succeed her. Maxwell will join the association next month as CEO designate before formally taking over in Spring.
Posted: 2025-10-02
JMG Group has acquired Solihull’s Boston Insurance Brokers, Kendal’s Hayton Insurance Brokers and Edinburgh’s Gateway Insurance Services (pictured). The deals expand JMG’s footprint in the North West and Scotland.
Posted: 2025-10-01
A fraudster who was involved in a minor motor accident eight years ago and claimed damages of more than £350,000, has received a two-month custodial sentence following a long-running investigation by Hastings Direct, acting on behalf of Advantage Insurance Company Ltd and supported by law firm HF.
Posted: 2025-10-01
Summer 2025 premiums for annual multi-trip travel insurance policies were down by 12% on those from the previous year, according to pricing consultancy Pearson Ham. In contrast, it said single-trip travel insurance premiums had held steady over the same period. It said the divergence between single and annual policies suggested carriers were trying to boost renewal business.
Posted: 2025-09-30
Sustainable motor insurance broker The Green Insurer, has had to stop writing new business after it was unable to secure new funding. The firm said all its existing policyholders had been transferred to broker Cornmarket Insurance Services Limited. The Green Insurer launched in December 2023. It collected the mileage drive by its clients, which it then offset using carbon offsetting specialists.
Posted: 2025-09-30
Underwriting platform Incept launched this week at the UK Mortgage Finance Conference in London, enabling users to generate title insurance policies in real time, based on data sourced directly from the Land Registry. Target users include mortgage and bridging lenders, real estate funds, auction houses and funders of renewable energy projects.
Posted: 2025-09-30
The Chartered Insurance Institute has published a report on the difficulties faced by firms producing Consumer Duty Board reports, following a survey of members that gathered 337 responses in July of this year. The publication highlights challenges in knowing what data to include, the availability of appropriate data and being able to integrate the data as required.
Posted: 2025-09-29
Korean property and casualty insurer DB Insurance Co Ltd has signed a deal to acquire specialty carrier Fortegra Group Inc, which provides capacity to the UK and European managing general agent market through operations in London and Brussels. Following the deal, DB Insurance said Fortegra would continue to operate independently as part of its specialty insurance business.
Posted: 2025-09-29
Ecclesiastical Insurance Office plc has published its results for the six months to 30th June 2025 and reported gross written premiums of £305.5m, up by 1.5% on the £301.1m achieved in the same period last year. Its underwriting profit held steady at £20.2m, compared to the £20.4m reported in H1 2024. Profit before tax, driven by a strong investment result, was £54.5m, up from last year’s £41.4m.
Posted: 2025-09-26
Professional services and technology business Davies says its new AI underwriting workbench platform can reduce internal costs for users by an average of 25% and eliminate around three-quarters of associated manual processes. Davies said the platform can be integrated with existing policy administration systems as well as other systems for claims, billing, rating and document management.
Posted: 2025-09-26
Geospatial Insight has released FloodCast, which is a flood prediction and analysis service available through an API. The software provides early warning and automated triggers in near-real time to enable users to enact mitigation measures. Its modelling capabilities generate damage predictions for both evolving events and scenario testing.
Posted: 2025-09-26
Consumer watchdog Which? has submitted a super-complaint to the Financial Conduct Authority in relation to poor levels of customer service and outcomes in the home and travel insurance markets, which it says the regulator has tolerated for too long. Which? said the FCA had failed to meet its statutory objective to secure “an appropriate degree of protection for consumers”.
Posted: 2025-09-25
Patons Insurance, which specialises in providing cover for professional drivers, is extending its proposition to include people working in the motor trade. It has established a dedicated team at its Manchester office to grow this new offering.
Posted: 2025-09-25
Re/insurance broker McGill and Partners has signed a sponsorship deal with GB Snowsport, which is the governing body for British snow sports, ahead of the Winter Olympic and Paralympic Games in Milan Cortina in February and March 2026.
Posted: 2025-09-25
Insurer Peach has agreed to provide capacity for Roots Contractor Insurance’s range of contractor business products, which are available via its online portal. RCI, which is part of Vestura Group, launched its range of contractor covers in 2020 and has more than 5,000 policyholders.
Posted: 2025-09-24
Veridox has raised £1m to support the launch of its AI-powered forensic document and image manipulation analysis platform for insurers. The platform assesses all documentation related to a claim and generates a report on where potential fraud exists and why an issue needs further investigation.
Posted: 2025-09-24
In the first six months of this year, Allianz UK identified almost 16,000 instances of fraud across personal, commercial and specialty lines totalling £92.6m. The was an increase of 34% on the same period last year. The insurer highlighted ghost broking and claims exaggeration as perennial issues. It said data and voice analytics technology would help it improve its fraud detection capabilities going forward.
Posted: 2025-09-23
Addept Insurance has launched Waypoint, which is a marine legal protection insurance proposition for boat owners. It has also announced that Waypoint has secured seven schemes, one of which is a wholesale facility for brokers with smaller books of marine business.
Posted: 2025-09-23
The Managing General Agents’ Association has opened registrations for the third cohort of its Next Gen Mentoring Scheme. Candidates have until the end of the month to sign up to the Axa XL-sponsored programme that will then commence in November, once successful mentors have ben paired with their mentees.
Posted: 2025-09-22
South London resident Sheikh Tanvir Uddin has been sentenced to 32 weeks in prison, suspended for 12 months, after pleading guilty to providing false details to obtain an insurance policy, and selling insurance policies without authorisation. He had ignored a number of interventions from the City of London Police’s Insurance Fraud Enforcement Department before he was charged with the criminal offences.
Posted: 2025-09-22
Zurich Insurance has booked almost 1,000 square metres of advertising space in London’s Square Mile as part of its largest ever UK commercial marketing campaign. The carrier’s campaign goes under the banner of, ‘meet tomorrow prepared,’ and hopes to reach more than 4 million people across London’s insurance district.
Posted: 2025-09-22
Cobra Network Limited, which is part of PIB Group, has signed a three-year exclusive contract with Close Brothers Premium Finance. The renewal extends the existing 22-year relationship between the two firms. Cobra Network was formed in 2003 and comprises 225 brokers across the UK.
Posted: 2025-09-19
Radian Group Inc, which specialises in the provision of mortgage insurance for private homeowners, has agreed an all-cash acquisition valued at approximately £1.25bn of specialty insurer Inigo Ltd. Inigo underwrites through Lloyd’s Syndicate 1301 and in the first six months of this year reported a profit before tax of £85m and a net combined ratio of 86%.
Posted: 2025-09-19
Global professional services consultancy KPMG has become an associate of the British Insurance Brokers’ Association. The move formalises the relationship between the two organisations and will make it easier for BIBA’s 1,800 member firms to access KPMG’s services.
Posted: 2025-09-19
The latest Confused.com Car Insurance Price Index in association with WTW has recorded a 16% drop in comprehensive car insurance premiums with motorists now paying an average of £735 for cover. This is down by 16% year-on-year and sees drivers paying £136 per policy. Premiums are down by 26% since their December 2023 peak.
Posted: 2025-09-18
AutoProtect Group has renewed its partnership with Group 1 Automotive UK. Under the expanded deal it will provide GAP, SMART, tyre and alloy wheel coverage through all of Group 1 Automotive’s 115 UK dealerships.
Posted: 2025-09-18
Clear Group has acquired Morden-based Delco Safety Limited, a specialist fire safety and compliance consultancy. The move is part of Clear’s strategy to expand its risk management division and reflects the growing legislative and regulatory scrutiny on building and fire safety.
Posted: 2025-09-18
Belfor UK has struck a deal with Protector Insurance to provide a pop-up kitchen pod solution to clients in the aftermath of major losses such as fires, floods and escapes of water. The pods make it easier to keep insureds in their own homes, reducing alternative accommodation costs and minimising the disruption for policyholders.
Posted: 2025-09-17
Specialist Risk Group has added Champion Insurance Group to its stable in a deal that includes the company’s subsidiaries, Champion Professional Risks and Champion Health & Benefits. Headquartered in Manchester, Champion Insurance Group supports clients across a range of commercial and personal lines and will become part of SRG’s UK retail division.
Posted: 2025-09-17
Data from the International Underwriting Association has shown that London Market companies generated total premium income of £49.3bn in 2024, up by 1.7% on the previous year. It said £43.8bn was underwritten in London and the remaining £5.5bn was written elsewhere, but overseen and managed by London operations.
Posted: 2025-09-17
Acorn Group, which specialises in non-standard car, van and taxi insurance has launched Street Cover. The new brand is aimed at UK delivery drivers using their personal car for what it terms as hire and reward activities. This includes delivering food for platforms such as Uber Eats, parcels for online retailers or goods for businesses such as florists.
Posted: 2025-09-16
Allianz UK has appointed Glyn Hughes (pictured) as managing director of Allianz Personal Broker. The move is subject to regulatory approval and Hughes is scheduled to start his new position in February. He joins from his current role of director of personal lines underwriting and pricing at Ageas.
Posted: 2025-09-16
Brunel Insurance Brokers has opened its 10th UK office in Hayle, Cornwall. Brendon Ladner will lead the team of five with plans to double the headcount within the next year. The broker has a focus on serving clients within the marine and coastal sectors.
Posted: 2025-09-16
Leeds-based JMG Group has announced the acquisition of Allsop Commercial Services in Gainsborough, Sussex-based Highhouse Insurance Services and Insursec Risk Management in Essex.
Posted: 2025-09-15
Independent insurance agency network Assurex Global has launched AG London, which is a wholesale broker that will initially place business across speciality lines of business. These lines include product recall, financial and professional, terrorism and active assailant, cyber, marine (first and third party), cargo and stock throughput, logistics and supply chain, and fine art and specie.
Posted: 2025-09-15
Allianz UK has unleashed an AI generative tool called BRIAN to support its commercial underwriters and enable them to respond more quickly and confidently to customer enquiries. The tool makes it faster for underwriters to retrieve specific information from lengthy underwriting guides for property and casualty and specialty lines.
Posted: 2025-09-15
Managing general agent Pen Underwriting has implemented six enhancements to its UK SME cyber proposition. Pen said the changes would maximise indemnity levels by removing sub-limits and lengthening restoration periods. It said the updated proposition better reflected the evolving exposures faced by SMEs.
Posted: 2025-09-12
Willis’ recently published Power Market Review details how returning capacity and increased competition to underwrite power and utility companies has led to mid to high double-digit rate reductions for property damage and business interruption policies. It said the softening impact was less pronounced in liability markets due to climate change and decarbonisation pressures.
Posted: 2025-09-12
Network Coversure has launched Ocean Insurance Brokers (Coversure Bristol), which will be led by Chris Luckett (pictured) and becomes the first operator in the network to formally commit a share of income to its own charity, Broking For Good. It said 2% of its commission income will go to the charity.
Posted: 2025-09-12
The home insurance market in the UK achieved a combined operating ratio of 103% in 2024. This was an improvement on the 111% achieved in 2023 and the 117% in 2022. Moody’s Ratings published the figures and said the average premium in the UK had risen by more than 30% since 2022 in a bid to combat losses.
Posted: 2025-09-11
Admiral Insurance and legal firm HF have worked in tandem to thwart a mother and son who had pursued a fraudulent claim valued at more than £2m following a minor accident. Inderjit Singh and her son Simerjit Singh now face costs and damages awarded against them of more than £200,000.
Posted: 2025-09-11
DAS Legal Expenses Insurance Company has reported gross written premium income of £141.4m for 2024, up from the £139.3m achieved in 2023. Its combined operating ratio was 97.1%, up from the 95.6% recorded in 2023. It made a loss after tax of £4m, adding to the loss on £1.1m the previous year.
Posted: 2025-09-11
The Chartered Institute of Loss Adjusters is to change its name to the Chartered Institute of Loss Adjusting in a move that the organisation said would better reflect the range of professionals involved in loss adjusting activities across the claims value chain.
Posted: 2025-09-10
Lloyd’s has given Ariel Re in principle approval to establish Syndicate 2006, in addition to its existing Syndicate 1910. The new syndicate will write property catastrophe, other property, marine and speciality, cyber and clean energy business (trading as Ariel Green). Ariel Re said the new syndicate would begin quoting on risks from the beginning of December and that binding would be effective from 1st January 2026.
Posted: 2025-09-10
Zurich Insurance will accept no claims discount histories from individual policies and convert them for use in a commercial fleet policy with one premium and a single confirmed claims experience. The insurer said the move would increases the number of small businesses it could support with its small fleet insurance product which is aimed at fleets with between two to 20 vehicles.
Posted: 2025-09-09
Tokio Marine HCC Specialty Group has agreed a partnership with The Acheson Group to enhance the carrier’s product recall crisis consultancy capabilities. The Acheson Group specialises in food safety and public health consulting. Under the new deal, these services will now be available to TMHCC Specialty Group’s clients in the UK and the US.
Posted: 2025-09-09
Insurtech Amarillo, which specialises in bordereaux management solutions, has added a new data dashboard (Dash) and an AI assistant (AIDAr) to its proposition. Amarillo said these two new products would work in conjunction with its bordereaux management tool, Fusion.
Posted: 2025-09-09
Pro MGA Global Solutions has launched Orb Specialty, which is an independent managing general underwriter set up to act as a capacity connector for managing general agents within the Pro MGA Global Solutions incubation stable. It will operate initially in the UK and as an appointed representative of Pro MGA Solutions Ltd.
Posted: 2025-09-09
Lloyd’s delivered gross written premium of £32.5bn in the first six months of 2025, up from the £30.6bn achieved in the same period the previous year. However, its combined ratio deteriorated by 8.8 percentage points to 92.5%. Profit before tax was £4.2bn, down from the £4.9bn achieved in H1 2024.
Posted: 2025-09-08
Insurance platform Apollo has received in principle approval from Lloyd’s Council to set up Apollo Re Share Syndicate 1972, which is aiming to start writing business from 1st January 2026. It will provide follow only capacity on the outwards reinsurance programmes for Apollo managed syndicates.
Posted: 2025-09-08
Open GI has partnered with Alps and will now offer the managing general agent’s products directly to its Open GI brokers. The products include motor legal protection, guaranteed hire vehicle, landlord legal protection and rent guarantee.
Posted: 2025-09-08
Pricing consultancy Pearson Ham has revealed its new Van Insurance Price Tracker, which monitors competitively quoted van insurance premiums across the UK. It said the current average of the top-five quoted premiums was down by 20% on the same time last year and by 7.7% in the past six months.
Posted: 2025-09-05
Oak Global has launched Oak Enterprise which will target property and specialty classes of retrocession business and provide risk solutions through newly formed Lloyd’s Syndicate 1440. The syndicate has received in principle approval and is due to begin writing business on 1st January 2026. It is targeting gross written premium of approximately £55m in its first year.
Posted: 2025-09-05
Dale Underwriting Partners, which is the trading name of Dale Managing Agency Limited’s Lloyd’s Syndicate 1729 is to stop writing offshore energy as a standalone class of business. Its other lines of business include casualty, property and specialty as well as offering reinsurance.
Posted: 2025-09-05
Specialist insurance provider CFC has named Jane Poole as group chief financial officer subject to regulatory approval. She takes over from current CFO Michael Grist who will step back from day-to-day responsibilities later this year after serving for more than 15 years. He will remain with the firm in an advisory capacity. Before joining CFC, Poole served as group CFO of Direct Line Group and previously as CFO of Aviva’s UK & Ireland General Insurance business.
Posted: 2025-09-04
Professional services and technology firm Davies has launched Assurex Global London Limited as a specialist property and casualty wholesale brokerage. It will be hosted on the Davies Broking Services platform as an appointed representative. It will provide access to the London markets for professional and financial lines, marine and cargo stock throughput, product recall, cyber, contingency and terrorism and political violence cover.
Posted: 2025-09-04
Purbeck Insurance Services, which specialises in personal guarantee insurance, has published research that shows a jump in the number and value of personal guarantee backed loans secured by young businesses. Purbeck said the rise suggested founder confidence in their fledgling firms and that they were attractive to lenders.
Posted: 2025-09-04
Acies SME UK has expanded its geographical footprint beyond London and the South East where it has focused its operations since launch. It is now targeting clients in the South West and the Midlands. Kevin Wildman will manage the South West region, while Natalie Brewster will have responsibility for the Midlands. Both were formerly part of the team at Liverpool Voctoria.
Posted: 2025-09-03
Mutual insurance provider TT Club is calling for co-ordinated industry and government action to clamp down on the rising threat of cargo theft in the UK. The call came after the National Vehicle Crime Intelligence Service conducted analysis of a Department for Transport (Task and Finish Group) report and found that 5,373 freight crime incidents were recorded in 2023 with estimated losses of £68m.
Posted: 2025-09-03
Mortgage specialist Cornerstone Finance Group has appointed personal lines broker Ceta Insurance to its general insurance panel. Ceta is part of the UK-based Atec Group and has a focus on providing leisure and household insurance to both the retail and wholesale broker markets.
Posted: 2025-09-03
Co-op Insurance has added Ageas to its household panel building on the existing relationship between the two firms in the private motor market. Ageas said the move underscored its commitment to the UK broker market. The member-owned Co-operative Group has more than six million active members.
Posted: 2025-09-02
NBS Underwriting has launched a new contractors combined product that offers broader protection and greater flexibility than its previous proposition. NBS said the product would cover 50 different trades and was aimed at good quality, low-to-medium hazard risks.
Posted: 2025-09-02
Superian Insurance Group has launched Scious Underwriting, which is a Lloyd’s coverholder and managing general agent with a specific focus on healthcare and medical malpractice risks. It is backed in full by Lloyd’s capacity. It will cover medical malpractice for individual practitioners, corporate entities and allied health professionals.
Posted: 2025-09-02
The Financial Conduct Authority has simplified the data reporting requirements for its Senior Managers and Certification Regime, which requires solo-regulated firms to tell the regulator if disciplinary action has been taken against individuals. Moving forward, firms will no longer need to complete a nil return if no action has been taken.
Posted: 2025-09-01
The Independent Garage Association has launched RMI Insurance Services, which is a new independent broker aimed at supporting motor trade clients and owned by the Retail Motor Industry Federation. The broker will begin trading on 15th September. It will offer exclusive terms for members.
Posted: 2025-09-01
Embedded insurance platform Kayna has teamed up with Willis to provide an online equine insurance proposition. The product is underwritten by Markel Insurance and available via equine digital health platform Equine MediRecord, which assists in meeting anti-doping and animal welfare compliance regulations.
Posted: 2025-09-01
Digital distributor Starpeak has teamed up with commercial insurer Peach to launch a new product aimed at creatives. It is primarily aimed at photographers, videographers and web designers, but can also cater for other creative professions ranging from ceramic artists and interior designers to script writers and visual merchandisers.
Posted: 2025-08-29
Insurance focused consultancy Gracechurch has published its London’s Leading Brokers report with Marsh, Aon and Howden taking the top three spots for overall broking bench strength. Lockton jumped three places to fourth and Gallagher took the fifth sport on the roster.
Posted: 2025-08-29
The year to 30th June 2025 has been the most active in insurance-linked securities history with alternative capital hitting approximately £90bn. Catastrophe bond issuance exceeded £15bn during the period while sidecar capacity increased to £13bn across property and casualty lines.
Posted: 2025-08-29
Source Insurance has appointed Integra Insurance Solutions to its panel of home insurance providers as it seeks to offer greater choice and broader risk coverage to intermediaries. Source was founded more than 30 years ago and specialises in home and landlord insurance. Integra’s policies are underwritten by Accredited Insurance (Europe) Limited.
Posted: 2025-08-28
Sompo Holdings has announced that its wholly owned subsidiary Sompo International Holdings Ltd has entered into a definitive merger agreement with Aspen Insurance Holdings Limited in a deal worth approximately £2.6bn.
Posted: 2025-08-28
Extreme weather is no longer the exception and data specialist Sagacity says insurers need to ramp up their use of technology to accurately assess the associated risks and develop effective and affordable policies. Sagacity said UK extreme weather events rose by 43% between 2020 and 2024 and that postcode-level data was insufficient to pinpoint risk and price policies appropriately.
Posted: 2025-08-28
B2B travel market specialist HBX Group has signed an agreement with digital broker Superscript to support its travel insurance partners secure the cover they need. In its initial phase, the agreement will see Superscript support risks in the UK and Europe. The deal adds to existing insurance partnerships HBX has with Battleface, Wallbid, and Intermundial.
Posted: 2025-08-27
Managing general agent Purbeck Insurance Services has said demand for its personal guarantee insurance has grown by 18% in the past year and that its gross written premium for July this year was up by 58% on the same month last year. Purbeck said it had added three people to its team of fewer than 20 to meet demand.
Posted: 2025-08-27
Insurance and credit information provider CRIF has said that more than a third (39%) of UK pet owners say their pet insurance costs are as high as they have ever been. It said rate rises had affected policyholders across Europe, although only 15% of those on the continent felt rates were as high as they had ever been. CRIF said UK insurers could do more to personalise pricing.
Posted: 2025-08-26
Claims Consortium Group, which is a claims management, insurance technology, and
weather data specialist, has written an open letter to the UK education sector urging it to help address a widening skills gap in the subsidence claims sector. The call comes at a time when exceptionally dry weather throughout the UK has prompted multiple industry warnings about the growing risk posed by subsidence.
weather data specialist, has written an open letter to the UK education sector urging it to help address a widening skills gap in the subsidence claims sector. The call comes at a time when exceptionally dry weather throughout the UK has prompted multiple industry warnings about the growing risk posed by subsidence.
Posted: 2025-08-26
According to the Association of British Insurers, a quarter of UK adults are in the dark as to whether or not their home is at risk of flooding and storm damage. The professional body said that only 27% of these homeowners would know how to find out. It also highlighted the beneficial impact of preventive measures should extreme weather strike.
Posted: 2025-08-26
The Managing General Agents’ Association has reported MGA member numbers increasing from 233 to 249 in its 2025 annual report. The publication also reported market practitioner members increasing from 64 to 68 and supplier members rising from 142 to 152.
Posted: 2025-08-22
Premium Finance provider PremFina has agreed a multiyear partnership with personal lines broker One Answer Insurance. One Answer Insurance was founded in 2000 as a niche personal lines broker with a particular focus on motor, including non-standard risk.
Posted: 2025-08-22
Clear Group has named Barbara Duffy (pictured) as group chief people and performance officer with effect from 8th September. It has also promoted Victoria Gallimore to group chief of staff. Duffy joins from UK-headquartered fintech IG Group, where she served as chief people officer.
Posted: 2025-08-22
Figures published by HMRC show that insurance premium tax receipts for July this year totalled £1.03bn. This was up from the £957m paid in the same month last year. In the first fourth months of this financial year, IPT receipts have totalled £3.2, an increase of £123m on the same period in 2024.
Posted: 2025-08-21
Admiral has teamed up with The Vella Group to launch a co-branded repair centre in Manchester. It will exclusively serve Admiral customers and is part of a wider plan to forge additional partnerships and open other co-branded centres throughout the UK.
Posted: 2025-08-21
Glasgow-based taxi and fleet insurance broker Patons Insurance has named Steve Miller as its new head of commercial. He joins the business from Gallagher and as Patons approaches its 70th anniversary in 2027 is tasked with driving growth.
Posted: 2025-08-21
The Green Insurer has been awarded full B Corp certification, becoming one of only a handful of UK insurance firms to gain the status. The certification confirms the business meets specific standards of social and environmental performance, transparency and legal accountability, and is verified by independent body B Lab.
Posted: 2025-08-20
Insurer Ecclesiastical has canvassed 250 high net worth individuals and found that 77% were more concerned about crime and 74% were more concerned about their family’s safety than ever before. It found more than half (54%) said they had experienced an increase in crime during the past year. The carrier said concerns over crime and family safety were changing behaviours.
Posted: 2025-08-20
Speciality managing general agent Optio Group has appointed Carrie-Ann Hallett as head of insurer partnerships. She takes up the London-based role immediately and will report to chief underwriting officer Gary Head. She joins from Deloitte having previously spent time at Hiscox.
Posted: 2025-08-20
Managing general agent Pen Underwriting has signed an agreement with Bridgehaven Specialty UK Limited to provide capacity for its UK solicitors’ professional indemnity proposition. Pen’s portfolio ranges from sole practitioners up to firms with 20 or more partners. They operate across sectors including personal injury, criminal law, family law and immigration.
Posted: 2025-08-19
Arthur J Gallagher has completed its acquisition of AssuredPartners in a deal the intermediary said would add scale, expertise and talent to its operations in the UK and Ireland. AssuredPartners has a team of more than 750 people in the UK and Ireland working from 35 locations. In the US, it has more than 350 locations and a team of more than 10,000 people.
Posted: 2025-08-19
Former DAS and Allianz executives Mickey Attia and Robin Stagg have come together to launch Elevate Specialty, a new managing general agent offering embedded and specialty insurance products in the UK.
Posted: 2025-08-19
Specialty insurance group Atrium has entered the credit and political risk market after recruiting a team from Axis Capital. Richard Lamb will lead the team which also includes Beth MacGregor and Adam Vulliamy. All three join from Axis.
Posted: 2025-08-18
Insurer Hiscox has recruited Matthew Budd to the newly created role of group head of technical claims. He joins from AIG where he led the firm’s aerospace claims team. He will report to Steve Parry, group claims director at Hiscox.
Posted: 2025-08-18
Insurtech Gateway, which supports early stage managing general agents, has secured Lloyd’s broker status. It supports early-stage founders with the design of their insurance products, as well as with underwriting capacity, regulatory compliance and pre-seed funding.
Posted: 2025-08-18
Aviva plc has reported an operating profit of £1,068m for the first six month of 2025. This was a 22% increase on the £875m profit achieved in the same period last year. The carrier’s undiscounted combined operating ratio improved by 0.8 percentage points to 94.6%.
Posted: 2025-08-15
Admiral Group has reported a profit before tax of £521m for the first six months of 2025, up by 69% on the £307.6m reported in the same period last year. The carrier said insurance revenue was up by 18% to £2.47bn and that its number of insurance customers in the UK had increased by 13% to reach 9.3 million people.
Posted: 2025-08-15
Financial lines managing general agent Acquinex, which is part of PIB Group, has appointed Josh Cowen as chief executive officer. He joins from Chubb, where he was senior vice president, international transactional risk. Acquinex said its co-founders Chris Jackson and Chris Thompson will move into new roles within PIB Group.
Posted: 2025-08-15
Data from the Association of British Insurers shows that the average cost of motor insurance fell by £19 (3%) compared to Q1. They had also fallen by £40 (6%) in Q1. On an annualised basis the average premium for motor insurance in Q2 was £562, down from £622 in the same period last year. In contrast, repair costs continued to rise and in Q2 totalled £2.1bn, an increase of £100m on Q1.
Posted: 2025-08-14
Beazley plc posted a profit before tax of approximately £369.9m for the six months ended 30th June 2025. This was down on the £536.5m reported for the same period last year. The carrier said insurance written premiums in H1 were £2,345.7m, up from £2,298.8m in H1 2024. Its undiscounted combined ratio for H1 2025 was 84.9%, which had slipped from the 80.7% recorded in H1 last year.
Posted: 2025-08-14
Flood Re has opened a permanent flood resistant garden at Howbery Park in Oxfordshire. It is an evolution of the garden that was shown at the Chelsea Flower Show in 2024. Dr Ed Barsley designed the garden with additional landscaping and planting design by Belderbos Landscapes. It exemplifies how garden owners can implement their own flood mitigation measures.
Posted: 2025-08-14
IAG Loyalty, which manages the loyalty programme Avios, has teamed up with digital insurance services provider Open to launch a new travel insurance product called Wanda by Avios. Built on Open’s technology platform, the new product offers policyholders up to 70% of their money back if they cancel within 48 hours, including for traditionally uncovered reasons such as a change of plan.
Posted: 2025-08-13
Specialist Risk Group has agreed terms to acquire City Quarter Brokers, which specialises in complex and technical risks within the construction, engineering and infrastructure sector. The deal is subject to regulatory approval. Once complete, City Quarter Brokers will become part of SRG’s wholesale division.
Posted: 2025-08-13
Professional services and technology firm Davies has promoted Richard Barke to chief executive officer of its insurance services division. He was previously chief financial officer of Davies-owned Asta, which is a third party managing agent at Lloyd’s. In addition, Steven Crabb has been appointed deputy chairman of the insurance division.
Posted: 2025-08-13
Figures from the Association of British Insurers show that subsidence-related claims totalled £153m in the first six months of this year. The professional body said the unusually warm and sunny spring was the root cause of the claims, which came from almost 9,000 households and had an average value of £17,264.
Posted: 2025-08-12
Broker and underwriting agency Yutree has extended its relationship with insurer Peach in the shape of a new property owners binder that builds on the one put in place two years ago. The binder seeks to support brokers who need to place cover quickly or are trying to place risks that do not match e-trade or mainstream market appetites.
Posted: 2025-08-12
Blenheim Underwriting has announced its intention to develop its managing general agent casualty account and has appointed Alex Stratton-Thomsett as casualty underwriter to advance the strategy. He joins from MS Amlin where he was lead underwriter, US casualty. Stratton-Thomsett will begin his new role on 8th January 2026 and join Blenheim’s existing senior casualty underwriter David Barber.
Posted: 2025-08-12
Hiscox has recruited Harriet Turner into its London Market general liability team to lead its new sexual molestation liability cover. She joins from Beazley and will take up her position in September. The cover is available to organisations globally across industries including health and social care, leisure and financial services.
Posted: 2025-08-11
Specialist marine managing general agent Amphitrite Underwriting Limited has completed a buyback of the minority shareholding previously owned by Arch Group. The completion of the deal sees Amphitrite become fully independent. It launched in 2018 with strategic seed investment and capacity backing from Arch.
Posted: 2025-08-11
QBE has published its H1 results for 2025 with its international division reporting a combined operating ratio of 92.5%, a deterioration of 3.3 percentage points on the same period last year. QBE International comprises QBE’s Lloyd’s franchise, its UK and European commercial segments, its reinsurance business (QBE Re) and its Asian operations.
Posted: 2025-08-11
H1 results from Allianz Group show that revenues across its UK operations – Allianz UK, Allianz Commercial, Allianz Trade and Allianz Partners – totalled £3.6bn. It said Allianz UK (Holdings) returned an operating profit of £224.3m for H1 2025, up by 28.4% on the same period last year. Its combined operating ratio of 92.9% was an improvement of 1.7 percentage points on H1 2024.
Posted: 2025-08-08
Aon-owned NFP has acquired Leeds-based Bepoke Insurance Group, which operates a collective of niche market managing general agents. The Bspoke businesses will continue to operate under their existing brands, while the Bspoke management team will report into Matt Pawley, president of NFP Europe.
Posted: 2025-08-08
Pet premiums for lifetime cover fell by 2.4% in Q2, according to the latest Pet Insurance Pricing Index from consultancy Pearson Ham. This nullified the 2.2% increase recorded in Q1. On an annualised basis, premiums are 2.7% lower than they were in June 2024.
Posted: 2025-08-08
Managing general agent Alps has launched a guaranteed asset protection product aimed specifically at motorhomes. The product is underwritten by Financial & Legal Insurance, which is one of the insurers allowed to recommence selling GAP insurance in the wake of a recent market intervention by the Financial Conduct Authority in regard to the value offered by such products.
Posted: 2025-08-07
Hiscox Ltd has reported insurance contract written premium of approximately £2.2bn for H1 2025. This was up from the £2.1bn reported for the same period last year. It said profit before tax was £207m, down from £212m in H1 2024. The undiscounted group combined ratio deteriorated from 90.4% (H1 2024) to 92.6% (H1 2025).
Posted: 2025-08-07
Managing general agent services platform OneAdvent has agreed a partnership with payment operations specialist Diesta, which specialises in supporting the intermediated insurance sector. OneAdvent said the collaboration would enhance the efficiency, transparency, and scalability of premium processing on its platform.
Posted: 2025-08-07
Noble Insurance Group has acquired specialist insurance intermediary, Caravanwise with a £5m loan from digital bank OakNorth helping to fund the deal. Noble Insurance Group was established in 2019 following the management buy-out of Noble Marine. Its speciality insurance brands now include, CBI, Graham Sykes, New Moon and WG Yachts. Caravanwise was founded in 1998 and specialises in the camping and leisure market.
Posted: 2025-08-06
Service provider Utility Warehouse has added managing general agent Arkel, which is part of the Atec Group, to its household panel. The move is expected to generate annual gross written premium of around £3m. Arkel will provide non-standard insurance solutions, including protection for buildings with unusual types of construction, occupancy, and flood risk. It also provides cover for buildings under renovation or that have previously been underpinned.
Posted: 2025-08-06
Speciality managing general agent platform Optio Group has announced the completion of its acquisition of UK-based Custodian Management Ltd. The deal, first reported in May, has now received the requisite regulatory approvals. Optio said the acquisition would improve its professional indemnity proposition and help diversify its platform.
Posted: 2025-08-06
Digital insurance company Lemonade has launched a buildings-only product, developed via an ongoing partnership with Aviva, to complement its home insurance offering in the UK. Lemonade launched in the UK in 2024 and said the country had become one of its fastest growing markets.
Posted: 2025-08-05
Technology and back-office solutions provider Liberty Blume has acquired Lloyd’s broker PHL Insurance Brokers Ltd. Liberty Blume said the deal would strengthen its financial services arm and open up new insurance markets for the business and its clients. Liberty Blume employs 900 people across seven locations in the UK, Ireland and the Netherlands.
Posted: 2025-08-05
Wholesale broker Wholesure, which is part of Acrisure, has teamed up with cyber risk specialist CyberCube. Under the agreement, Wholesure will license CyberCube’s Broking Manager and CyberConnect solutions to enhance the support it offers SMEs. Broking Manager helps to quantify exposures and provide benchmarking to support decisions around insurance. CyberConnect plugs into existing workflows to provide analytics data.
Posted: 2025-08-05
Axa has struck a deal to acquire Prima, an Italian-based direct insurance provider that recently launched operations in the UK and Spain. It controls premiums of around £1bn and has a focus on the motor market. The deal will see Axa acquire 51% of Prima. The carrier said the move would help it expand its direct distribution channel, which it has identified as a significant growth opportunity.
Posted: 2025-08-04
Brit Group Holdings Limited has reported insurance premiums of $1,692.2m for the six months to 30th June 2025. It said this was up by 8.3% on the same period last year. The carrier said its profit before tax had nudged up from $301.3m (H1 2024) to $307.7m (H1 2025). However, the results showed its undiscounted combined ratio had deteriorated from 80.3% (H1 2024) to 95.2% (H1 2025).
Posted: 2025-08-04
Sabre Insurance Group plc achieved gross written premium of £100.3m for the six months to 30th June 2025. This was down on the £125.7m recorded in the same period last year. However, profit after tax was up from £15.1m in H1 2024, to £18.9m in the first six months of this year. Sabre’s combined operating ratio also improved from 86% to 82.6%.
Posted: 2025-08-01
Avatar MGA Ltd has received Lloyd’s coverholder and Financial Conduct Authority approval and will begin binding business from today, 1st August. It will trade as an appointed representative of Pro Global.
Posted: 2025-08-01
The London Market Group’s second Regulatory Sentiment Index has shown that individuals leading compliance and risk teams at London Market insurers and brokers believe the performance of both the Financial Conduct Authority and the Prudential Regulation Authority have significantly improved over the past year.
Posted: 2025-08-01
Allianz UK has struck an agreement with Sainsbury’s Bank that will see the carrier’s group company Liverpool Victoria Insurance Company Limited offer, from 1st November, replacement home and motor insurance policies to existing customer as their policies expire. Earlier this month, Allianz UK announced a deal to become the motor insurance provider for Volkswagen Financial Services UK.
Posted: 2025-07-31
Everest Group has reported net income for Q2 of approximately £512m, down on the £545m generated in the same period the previous year. It said gross written premium in its insurance business for Q2 was down by 3.1% on last year and stood at around £1.1bn. Its combined ratio of 102% has deteriorated from the 92.9% achieved in Q2 last year.
Posted: 2025-07-31
Liberty Specialty Markets, which is part of Liberty Mutual Insurance Group, has recruited Alex Nelson (pictured) as underwriting manager for power and renewables, and senior underwriters Andrea Ciraci and Oliver Prout. The expanded power and renewables team sits alongside Liberty’s oil and gas proposition.
Posted: 2025-07-31
The Association of British Insurers says insurers paid out £1.6bn in property claims during Q2 2025. This was up by 7% on the same period last year. The ABI said adverse weather drove much of the payments and that from April to June carriers paid out £322m for damage caused by storms, heavy rainfall and frozen pipes.
Posted: 2025-07-30
Ecclesiastical Insurance has urged property owners to take precautionary steps against subsidence following the driest start to the year in England and Wales since the mid-1970s. The carrier said this year’s drought came on the back of last year’s deluge, which was the wettest spring in almost 40 years.
Posted: 2025-07-30
Lloyd’s wholesale broker Servca, which is part of Superian Insurance Group, has launched a new SME D&O facility with the ability to offer contract certain quotes within 24 hours. The cover is aimed at SMEs with turnovers ranging from £50,000 to £30m. Macauley Geddes, director of wholesale broking for UK and Ireland and Servca will lead the facility.
Posted: 2025-07-30
Bridgehaven Europe Holdings Limited has entered into an agreement to acquire the Dublin-based insurer, SureStone Insurance DAC. Following the deal, Bridgehaven said it would transition SureStone into its first European subsidiary to underwrite EU risks via the managing general agent market.
Posted: 2025-07-29
Volante Global, which is owned by fintech company Acrisure, has appointed Demian Smith (pictured) as its chief executive officer. Smith joins Volante Global from Guy Carpenter where he was head of mutual, agency and captive solutions and co-head of partnership solutions. Smith’s appointment is subject to regulatory approval.
Posted: 2025-07-29
Global carrier interest in M&A activity has dropped to its lowest level since the financial crisis of 2008, according to data from legal firm Clyde and Co. It said the first six months of the year saw 95 deals completed, compared with 106 in the same period in 2024. This was less than half of the 10-year H1 deal activity average of 192 deals.
Posted: 2025-07-29
Arc Legal Group, which specialises in legal expenses and assistance products, has teamed up with home emergency specialist CET UK. Under the new partnership, CET UK will provide home emergency claim services including first notification of loss, contractor deployment and subsequent oversight.
Posted: 2025-07-28
Mosaic Insurance has launched a cyber and financial institution crime product that offers modular cover across cyber, technology errors and omissions, and crime. It offers cover of up to £10m for cyber and technology errors and omissions. The limit is £5m for crime exposures. Mosaic’s Syndicate 1609 will underwrite the product on behalf of its international agency network.
Posted: 2025-07-28
West Ham United has announced broker Lilley Plummer as the official insurance partner for the men’s and women’s first teams. The deal will give the broker, which was acquired by Goldman Sachs last year, membership to the football clubs’ Hammers Business Network, through which it will be able to offer its services directly to other members.
Posted: 2025-07-28
Commercial insurance rates in the UK fell by 6% in Q2 2025 according to the latest Global Insurance Market Index from Marsh. It represents the fourth consecutive quarterly fall and follows a 3% decrease in Q1 2025.
Posted: 2025-07-25
Digital platform Avantia has launched a new AI tool designed to better identify fraud and enhance the home insurance claims process.
Posted: 2025-07-25
Specialist multi-line MGA Arkel, part of the Atec Group, has announced that it has extended its relationship with AmTrust, securing an increased limit of £120m GWP A-rated capacity over the next three years for non-standard household insurance.
Posted: 2025-07-25
Insurer Santam has been granted in principle approval by Lloyd’s to launch a syndicate based in London, which it says will accelerate the group’s international growth and diversification goals.
Posted: 2025-07-24
Aviva’s Global, Corporate and Specialty division has introduced enhanced freight liability insurance, with the updated product available to brokers on Acturis E-Trade and Fast Trade platforms. Key enhancements include increased cover limits, a broader range of conditions of carriage, and the introduction of a lower-cost ‘economy’ cover.
Posted: 2025-07-24
Brown & Brown has strengthened its UK presence with the acquisition of broker Weatherbys Hamilton, with effect from 1 August.
Posted: 2025-07-24
Specialist digital asset broker Native has launched a new underwriting partnership and framework that seeks to reward strong risk practices by providing digital asset companies with lower premiums and enhanced insurance coverage.
Posted: 2025-07-23
MGU Victor has launched a contractors all risks product aimed at contractors and subcontractors with up to £20m in annual revenue.
Posted: 2025-07-23
Flood Re has reported record support to UK households as reinsurance costs surge and scheme exposure grows in the face of increasing climate risk, adding that reform will be needed if it is to remain sustainable.
Posted: 2025-07-23
Global credit insurer Atradius has been granted ‘in principle’ approval from Lloyd’s for the new Atradius Syndicate 1864, aiming for 1 January 2026 as its start date for underwriting.
Posted: 2025-07-22
Alps, a MGA provider of insurance add-on policies, legal expenses, and claims solutions for intermediaries, has announced a new multi-year agreement with Verlingue Insurance Brokers, extending the collaboration to over a decade.
Posted: 2025-07-22
Rising motor insurance premiums are being largely driven by external cost pressures but there are shortcomings in how some insurers handle claims, according to the Financial Conduct Authority, which is taking action against some firms to improve poor claims practice.
Posted: 2025-07-22
HW Kaufman Group is consolidating its brands in the UK into Burns and Wilcox for its broking businesses, and RB Jones, which will feature the company’s underwriting units.
Posted: 2025-07-21
Willis has announced the launch of a dedicated residential real estate team, expanding the capabilities of its real estate division.
Posted: 2025-07-21
The Motor Insurers’ Bureau is calling on government to increase penalties for uninsured drivers in order to make roads safer and save the insurance industry millions of pounds every year.
Posted: 2025-07-21
Insurance platform Apollo has teamed up with credit insurance specialist Coface to launch a trade credit syndicate that has received ‘in principle’ approval from Lloyd’s. The syndicate is expected to begin underwriting before the end of the year.
Posted: 2025-07-18
Pen Underwriting has signed a deal to extend its partnership with re/insurer SiriusPoint. SiriusPoint will provide 100% of the capacity for Pen’s international professional indemnity portfolio and offer cover for risks emanating from multiple professions and territories outside the UK and Ireland.
Posted: 2025-07-18
Clear Group has reported revenue of £93m for the year ended 31st October 2024. This was up on the £74.7m achieved in the previous year. It said the 25% jump in revenue was driven by a combination of acquisitions and organic growth.
Posted: 2025-07-18
Tesco Insurance and Money Services has appointed Craig Bundell as chief executive officer following its split from Tesco Bank. Tesco recently agreed a ten-year deal with Barclays to offer banking products under the Tesco brand, while retaining ownership of its Insurance and Money Services arm.
Posted: 2025-07-17
Consilium Risk Solutions, the UK division of speciality re/insurance broker Consilium, has launched its first casualty binder. It is backed by A-rated delegated authority capacity and
aimed at low and medium risk contractors. Wordings include cover for working at height, depth or high heat exposure and offer extensions for efficacy, goods on hook, rip and tear and defective workmanship.
aimed at low and medium risk contractors. Wordings include cover for working at height, depth or high heat exposure and offer extensions for efficacy, goods on hook, rip and tear and defective workmanship.
Posted: 2025-07-17
Pricing consultancy Pearson Ham has launched a new price tracking service for landlord insurance in a bid to highlight the disparity in what landlords pay for their cover. Pearson Ham said the tracking and analysis service would enable landlords to see the impact their experience, portfolio size, tenant profile and property location had on premiums and to adapt their strategies accordingly.
Posted: 2025-07-17
The Government has announced it is to push forward with plans to create a new framework for the captive insurance market following a consultation on the issue, which was launched back in November 2024. It said the new framework would include proportionately lower capital and reporting requirements for captive insurers, enabling them to secure faster authorisations.
Posted: 2025-07-16
Digital bank Monzo has announced the launch of a combined buildings and contents policy for homeowners. Monzo entered the home insurance market in April this year with a contents insurance product for renters and homeowners. The new product will enable policyholders to make mid-term adjustments with no additional fees.
Posted: 2025-07-16
Managing general agent Globe Underwriting, which is part of The Ardonagh Group, has launched a new professional indemnity offering that will build its presence in the financial lines market. To deliver the proposition, Globe has appointed Paul Nolan as head of financial lines and Kiran Wignall as underwriting manager, professional indemnity.
Posted: 2025-07-16
Policy Expert is relocating to a new Scottish office at Maxim Park, which is three times the size of its current premises in the business park. The insurer said the new 22,000 square feet facility would accommodate its core UK motor team, which handles motor and pet insurance claims. Policy Expert said the recent launch of its pet insurance product underpinned the need for larger premises. The firm will complete the move over the summer.
Posted: 2025-07-15
Add-on insurance specialist Alps has teamed up with credit hire company Cogent to offer brokers and their clients access to a vehicle repair and replacement network that seeks to offer transparent pricing and minimise delays. In addition to motor related add-ons such as excess protect, tools in transit, vehicle replacement and road rescue, Alps offers a range of sole trader, commercial, landlord and family legal expenses products. It also offers property related add-ons.
Posted: 2025-07-15
Liberty Specialty Markets, which is part of Liberty Mutual Insurance, has launched a dedicated product offering professional liability, management errors, theft and fraud cover for financial institutions operating in the cryptocurrency market. It provides limits up to €3m and will target European crypto-asset service providers, particularly those compliant with the EU’s Markets in Crypto-Assets directive.
Posted: 2025-07-15
Intermediary Aon has established a multi-line facility to support clients manage all areas of risk across the development and subsequent operation of a datacentre. It said its new Data Centre Lifecycle Insurance Programme team would deliver an integrated solution that provided solutions for construction, cargo, cyber and operational exposure from under one umbrella.
Posted: 2025-07-14
Descartes Insurance has announced that it will now offer corporate clients and public institutions credit and political risk insurance. This builds on its core parametric insurance solutions for climate, cyber, and emerging risks. To support the move, Descartes Insurance has recruited Hélène Martin, who was formerly head of single risk, credit and political risk – France at Coface. The carrier is a subsidiary of Descartes and was launched in 2022.
Posted: 2025-07-14
Flood Re has reshuffled its executive management team following the appointment of Perry Thomas as CEO in February this year. Latinka Pilipovic (pictured) joins as chief financial officer and board member. She will take up the position on 1st August, subject to regulatory approval. Interim CFO Dave Dunning will step down from his position following a handover period. Pilipovic previously served as CFO for Guardian Financial Services.
Posted: 2025-07-14
Allianz UK has announced a new partnership with Volkswagen Financial Services UK to become its new motor insurance provider. The five-year partnership extends across Volkswagen Group’s car brands in the UK, including Volkswagen Passenger Cars, Škoda, Audi, SEAT and CUPRA.
Posted: 2025-07-11
Managing General Agent Augmented, founded by former Rethink Underwriting CEO Daniel Prince, has launched, utilising digital underwriting tools and artificial intelligence to serve the smart follow insurance market.
Posted: 2025-07-11
JMG Group has completed the 50th acquisition since its 2020 management buyout, with London-based Profile Insurance Services becoming the latest broker to join the group.
Posted: 2025-07-10
Liberty Specialty Markets has entered the high net worth market in the UK, appointing Benjamin Faerestrand as UK HNW household underwriter to head up the new offer.
Posted: 2025-07-10
A £2m academic-industry partnership has been launched to develop new methods to understand, measure, and insure against risk associated with the commercial application of artificial intelligence.
Posted: 2025-07-10
Markel Insurance has launched pre-loss services for its UK Cyber360 policyholders, which includes a complimentary one-hour call with a cyber and data risk lawyer from Markel Law to discuss privacy laws and UK regulatory developments.
Posted: 2025-07-09
US distributor CRC Group has entered into a definitive agreement to acquire Atrium Underwriting Group. Atrium will retain its brand name and independence under the leadership of its current management team within the CRC Group.
Posted: 2025-07-09
Insurance premium finance provider PremFina has announced changes to senior management roles as part of its plans for growth over the next two years.
Posted: 2025-07-08
Brunel Insurance Brokers is opening its ninth UK office, located in Cardiff, marking the company’s first permanent presence in Wales.
Posted: 2025-07-08
A further fall in premiums for lifetime pet insurance policies by an average of 0.8% in June 2025 has deepened the annual decline to 2.6% according to figures from pricing consultants Pearson Ham. It is the second consecutive month of falling premiums and builds on May’s modest reduction.
Posted: 2025-07-08
BIBA has announced changes to its main board with Carl Evans stepping down as chair of the Large Brokers’ Advisory Board to be replaced by Marsh’s Alistair Fraser.
Posted: 2025-07-07
The Ardonagh Group has acquired a majority stake in Hong Kong-based Apex Insurance. The group will operate Apex alongside PSC’s Hong Kong operations, PSC HK Insurance Group, strengthening Ardonagh’s footprint in the region.
Posted: 2025-07-07
Standards-setting body ACORD and insurance group Howden have announced that ACORD Standards for digital accounting and invoicing are live and operational in the UK retail insurance market. This marks the first time ACORD digital accounting standards are being used in the UK outside of the specialty and re/insurance market.
Posted: 2025-07-04
The ABI's Fire Safety Reinsurance Facility has been expanded so that participating firms can now cover losses up to £75m. When it was first launched in April 2024, the facility helped insurers provide £50m of cover for high-risk multi occupancy buildings with fire safety issues.
Posted: 2025-07-04
A survey by the Chartered Insurance Institute has found significant opposition to the Financial Conduct Authority’s proposal to remove the requirement for those working in the insurance profession to undertake a minimum of 15 hours training and development per year.
Posted: 2025-07-04
Insurance premiums for both motor and home continued their downward trajectory in Q2 2025, but the latest data from consultancy Pearson Ham suggests that a changing pace of movement as well as a more nuanced pricing environment could be on the horizon.
Posted: 2025-07-03
Bridgehaven Specialty UK and IWG have teamed up to provide a new contingent insurance product for defective workmanship of installation of heat pumps.
Posted: 2025-07-03
Specialist Risk Group has acquired Newcastle-based MGA Generation Underwriting from WF Risk Group. The business will become part of MX, SRG’s underwriting pillar, and will further expand its nationwide property, liability & fleet offer for brokers.
Posted: 2025-07-03
Broking network Brokerslink has added Nova Insurance Consultant’s Conrad Wong to its board of directors. Wong is chief commercial officer at Nova, one of the largest independent insurance brokers in Hong Kong. He is also managing director of Beijing Nova Insurance, the broker’s operation in China.
Posted: 2025-07-02
Affinity Brokers has become the first Scottish insurance broker to rebrand to Acrisure. It will continue to trade from its Blythswood Square office in Glasgow as Acrisure UK Broking.
Posted: 2025-07-02
MBC Insurance has rebranded as Clear Insurance Ireland as part of a broader strategy by the Clear Group to unify past and future Irish acquisitions under the Clear Insurance Ireland identity.
Posted: 2025-07-02
Digital distributor Starpeak has announced the renewal of its long-standing binder arrangement with Axa XL’s UK & Lloyd’s business, marking the tenth year of a partnership that has facilitated coverage for sports and leisure in the insurance sector.
Posted: 2025-07-01
Liberty Specialty Markets has appointed Niala Butt as head of casualty claims. Reporting to Nik Mahida, head of third-party claims, UK & MENA, Butt will be based in London.
Posted: 2025-07-01
Claims handlers are calling for automation to help fix the most frustrating parts of their jobs but they also feel anxiety about its impact on control of the claims process and their roles, according to a survey by software provider RDT.
Posted: 2025-07-01
Less than half (46%) of UK tenants currently have contents insurance in place, according to a new survey. The research reveals that the volume of private tenants with contents insurance dropped from 51% in 2023 to 46% today, despite previously being on an upwards trajectory.
Posted: 2025-06-30
Howden has appointed Robert Kennedy as CEO, Howden UK & Ireland. He replaces Carl Shuker who will takes up the role of deputy chairman of Howden UK & Ireland.
Posted: 2025-06-30
Filhet-Allard Maritime has announced the opening of a London office. The France-based international trade, shipping, and industrial market broker has attained FCA authorised representative status and is now licensed to transact insurance business with UK based clients and carriers.
Posted: 2025-06-30
Multichannel insurance distribution channel Atec Group has added four new insurers to its InsureMy range of Motorhome products. The A-rated capacity is provided by Axa, Sabre, Allianz, and KGM. Policies are written on a UK-only or EU basis and provide cover for theft, accidental damage, third party liability and legal assistance. Optional features include breakdown cover and protected no claims.
Posted: 2025-06-27
The London Market Association has published a refreshed UK Consumer Personal Accident Group Policy wording. The updated wording meets the LMA’s UK Consumer Wordings Guidance, which was launched last year and encourages the industry to simplify customer communications and documents. The new wording is available from the Lloyd’s Wordings Repository.
Posted: 2025-06-27
Insurance software-as-a-service provider Acturis Group has reported revenues of £165.5m for the year ended 30th September 2024. It said this was up by £21.4m on the previous year and represented an annual increase of 14.9%. Profit after tax rose from £22.9m in 2023 to £29.9m in 2024.
Posted: 2025-06-27
Personal lines insurer Policy Expert has reported revenue of £218.4m for the year ended 31st March 2025. It said this was up by 36% on the same period last year. Profit before tax jumped to £30.1m in 2025, compared to the £4.9m achieved in 2024. Policy Expert said it grew its customer base by 8% during the year, taking the total to 1.6 million people.
Posted: 2025-06-26
Managing general agent Alps has added Financial & Legal to its panel for guaranteed asset protection insurance. The Financial & Legal product will cover vehicles valued up to £125,000 and offers an extended policy purchase period of up to 180 days after the vehicle has been bought.
Posted: 2025-06-26
Managing general agent Ventis has launched in Scotland and appointed Karen Feeney (pictured) as senior development underwriter to oversee underwriting and distribution in the Scottish market from a base in Glasgow. Ventis has a focus on providing cover for the commercial and residential property markets.
Posted: 2025-06-26
Aviva’s Global Corporate and Speciality business has combined its construction, latent defects and real estate teams to create a single real estate and construction practice. The carrier said the move would make it easier to support brokers and clients across the full lifecycle of commercial real estate and construction projects.
Posted: 2025-06-26
Co-op Insurance has relaxed the underwriting criteria on its travel insurance to extend cover to people waiting for a diagnosis for conditions such as ADHD or autism. It will also cover people who are waiting for the results of medical tests. However, cover is excluded for cancellation, cutting a trip short and medical emergency expenses relating to the condition.
Posted: 2025-06-25
Research from Allianz UK has found that a third (34%) of SMEs do not adjust their business insurance to reflect the seasonality of their business. It has warned that this may leave them underinsured as a result of increased stock and operational demands during their busiest periods.
Posted: 2025-06-25
Managing general agent Commercial Express has announced gross written premium of £35.8m for 2024, which was up 36% on the previous year. It said it was aiming to exceed £50m by the end of this year. Commercial Express said its longer-term vision was to break the £100m barrier, although it did not put a timescale on this goal.
Posted: 2025-06-24
International consulting firm BRG has launched its first business insurance claims practice and has appointed Richard Cameron-Williams as head of business insurance claims. The practice will serve the EMEA region and is the first time BRG has moved beyond its domestic US market.
Posted: 2025-06-24
General insurance provider Paymentshield has reintroduced unemployment cover to its mortgage protection policy, which already includes accident and sickness cover. Paymentshield has also migrated its mortgage protection and income protection book to AmTrust Specialty Limited, a subsidiary of AmTrust International. Under the deal, Uris Group will administer claims.
Posted: 2025-06-24
Managing general agent Avid Insurance has agreed a deal with insurance and investment business Starr. The agreement will generate fresh capacity to provide employers’ liability and public liability products across the three specialised liability lines of groundworkers, motorsport and leisure.
Posted: 2025-06-23
The Financial Conduct Authority has issued a warning that Grand Guard is not a regulated business but has been contacting people pretending to be an authorised firm. The regulator said Grand Guard and its representative were claiming to work for genuinely authorised and regulated Brighton-based business, Premium Wise Insurance Brokers Ltd.
Posted: 2025-06-23
Data from HMRC has shown that receipts for insurance premium tax were £1.48bn in May. This was an increase of £50bn in the same month last year. In the first two months of the 2025/26 financial year, the tax has raised £2.13bn, up on the £2.05bn recorded in the same period last year.
Posted: 2025-06-23
Managing general agent Arkel, which is part of the Atec Group, has made its landlords let property insurance product available on the Acturis broker software platform. The product offers landlords cover for buildings, contents, malicious damage and theft by tenants, accidental damage, alternative accommodation and property owners’ liability.
Posted: 2025-06-20
The Clear Group has acquired Surrey-based commercial broker CR Toogood & Co Limited. The move extends Clear’s presence in the South of England and complements it existing offices in Horsham and London. CR Toogood is a third-generation family business and controls gross written premiums of £14.5m and has a team of 19 people.
Posted: 2025-06-19
Folgate is offering sums insured limits of up to £20m for landlord products traded electronically via Acturis or extranets. The carrier said there was a drop-off in insurers and managing general agents that would quote for e-trade risks with limits over £10m and it estimated that 70% of the market would not quote for e-trade risks with limits over £15m. Folgate said it wanted to plug this gap.
Posted: 2025-06-19
Pen Underwriting is pushing to enhance its e-trade capabilities across its multi-line underwriting and distribution operations. To drive this move, the managing general agent is promoting Jamie Lawson to the newly created role of head of digital e-trade. He previously led on e-trade and distribution for Pen Underwriting’s SME and personal lines division.
Posted: 2025-06-19
Aviva’s acquisition of Direct Line is on course to complete in July after the Financial Conduct Authority and the Prudential Regulation Authority both approved it. The Solicitors Regulation Authority also gave the greenlight to the deal in respect of Aviva taking over DLG Legal Services Limited. Aviva said it was confident of securing the required unconditional clearance required from the Competition and Markets Authority.
Posted: 2025-06-18
Liberty Specialty Markets, which is part of Liberty Mutual Insurance Group has created three new divisions within its UK and MENA region. They are marine and aviation, specialty and property. Meghan Walker (pictured) will lead marine and aviation. Mike Burle will lead the specialty division. The property leader will be announced in due course.
Posted: 2025-06-18
The Association of British Insurers has welcomed the government’s commitment to invest £7.9bn over ten years in flood defences. The Department for Environment, Food and Rural Affairs said the investment underpinned the largest flood defence programme in history and that every pound spent was expected to prevent around £8 in economic damage.
Posted: 2025-06-17
Independent and privately owned broker Lockton generated revenue of approximately £2.9bn in the year ended 30th April 2025. This was up by 13% on the previous year and was almost entirely the result of organic growth. Lockton said this was the fifth consecutive year it had achieved double-digit organic growth.
Posted: 2025-06-17
The Court of Appeal has given definitive guidance that credit hire organisations are responsible for the costs of unsuccessful litigation. Previously, they were sheltered from the costs of such litigation due to the Qualified One-Way Costs Shifting protection of the claimants.
Posted: 2025-06-16
Insurance provider Paymentshield has added AmTrust Specialty Limited, a subsidiary of AmTrust International, to its tenants’ contents insurance panel, which also includes Tradex and Allianz. Paymentshield said the lettings sector was an area of growth for its business.
Posted: 2025-06-16
Tesco Insurance has urged drivers to contact their local council or road authority if they suffer damage to their vehicle as a result of potholes. The carrier highlighted the need to present information relating to the size of the pothole, its location and the date, time and conditions surrounding the incident. Tesco Insurance said it had seen a 21% year-on-year increase in motor claims relating to potholes.
Posted: 2025-06-16
Specialist Risk Group has appointed Neil Nimmo as its chief executive officer, UK. The intermediary was founded by Warren Downey and Lee Anderson in 2019 and is backed by Warburg Pincus and Temasek. Most recently, Nimmo was chairman of broker Lockton. He will oversee SRG’s retail, wholesale and underwriting pillars in the UK.
Posted: 2025-06-13
Lifetime pet policy premiums in May were down by 0.7% on the previous month and by 1.1% on an annual basis, according to data from the latest Pet Insurance Pricing Index from Pearson Ham Group. Dog insurance premiums fell by 0.8% in May while cat insurance premiums also fell by 0.4%.
Posted: 2025-06-13
Verisk Specialty Business Solutions, part of data analytics and technology provider Verisk, has designed and launched an underwriting platform for the London Market. Verisk Specialty Business Solutions said the technology was scalable and its API enablement meant it could be integrated with existing re/insurer systems. Speciality re/insurer IQUW is the first carrier to implement the platform.
Posted: 2025-06-13
Folgate Underwriting has upped the total sum insured available per location to £70m and said its increased line size could now cater for hotels as well as wholesale and distribution risks. Folgate launched its real estate proposition at the end of 2024.
Posted: 2025-06-12
ARAG plc has reported gross written premium of £77.8m for the 2024 financial year, up from the £66.1m it achieved the previous year. Profit before tax was £1.8m in 2024, more than double the £0.8m returned in 2023. The firm said this was its final set of results before completing the integration with the DAS UK business.
Posted: 2025-06-12
Speciality re/insurer Canopius Group has agreed to sell a further 21% of its equity to Samsung Fire & Marine Insurance, which will take its shareholding to 40%. The stock has been bought from existing shareholders Fidentia Fortuna Holdings, which is led by US private equity firm, Centerbridge Partners.
Posted: 2025-06-12
Applied Systems has announced that it will withdraw its broker management platform Applied Epic from the UK market. The firm said it would support customers on existing contracts and said other products such as Applied TAM, Applied Rating Hub services, and Applied Riskhandler would not be affected.
Posted: 2025-06-11
Research from software company RDT has found that claims handlers overwhelmingly believe automated claims systems should still have human oversight. While 86% of handlers said automation could improve the overall customer experience by delivering faster and more accurate outcomes, 92% said human oversight was either essential or important. Only 3% said they would be happy for human oversight to be removed completely.
Posted: 2025-06-11
Speciality insurer Beazley has appointed Stefan Wunderlich as head of parametric insurance as it seeks to develop its proposition in the property market. Wunderlich joins from Swiss Re where he spent two decades and helped develop parametric solutions for corporate clients and led teams providing guidance on climate risk exposures for clients.
Posted: 2025-06-11
Insurance premium finance provider PremFina has signed an agreement for a £350m private securitisation facility from HSBC and Waterfall Asset Management. The funding will support £1.9bn in premium finance volumes, with £1bn already contracted.
Posted: 2025-06-10
Leicester Crown Court has sentenced a family of fraudsters for their respective roles in committing motor insurance fraud. Ilyas Rauf was sentenced to 21 months in prison for fraud by false representation. His son Amer Ilyas was sentenced to 16 weeks imprisonment, suspended for 12 months, and ordered to complete 100 hours of unpaid work. He had admitted to money laundering offences. His brother Ziaed Rauf was sentenced to 18 weeks imprisonment, suspended for 12 months, and ordered to complete 120 hours of unpaid work for perverting the course of justice.
Posted: 2025-06-10
Half of UK businesses (53%) with between 100 and 2,000 employees have been affected by a cyber attack in the past year, according to research from QBE. For 16% of affected businesses, resulting disruption from an attack lasted a day or more. The data found that of those experiencing cyber attacks, 59% said that at least one of them was linked to a supplier.
Posted: 2025-06-10
The Association of British Insurers has announced that Chris Bose will join the professional body as director of general insurance and international on 11th August. He joins from Nationwide Building Society where he led the policy and public affairs function.
Posted: 2025-06-09
The Financial Conduct Authority has identified further returns that it says are not necessary, following the launch of its consultation (CP25/13) to remove unnecessary data reporting for regulated firms. For general insurance firms, this includes form REP022 (General Insurance Pricing Attestation).
Posted: 2025-06-09
At the end of May, M&A activity in the UK general insurance market was 30% down on last year with just seven announced deals during the month. Publishing the data, consultancy MarshBerry said that in addition to a reduced number of transactions, the deals in 2025 had also been relatively small.
Posted: 2025-06-09
Digital distributor Starpeak has extended its partnership with niche commercial insurer Peach to include property cover in its hairdressing proposition. The scheme was launched in 2019 under Starpeak’s Protectivity brand and Peach took on the underwriting in 2022.
Posted: 2025-06-06
Adam Kembrooke has launched London-based managing general agent Amiga Specialty with backing from investors including BP Marsh & Partners. Amiga said it planned to scale its operations through acquisition and organic growth. Kembrooke was previously CEO of Nexus US and prior to that co-founded PartnerRe Wholesale.
Posted: 2025-06-06
Insurance market leaders have penned an open letter to the London insurance market urging it to get on board with a single data standard to enable an accelerated and effective transition to digital ways of working. The call to action has support from the CEOs of ACORD, the IUA, LIIBA, Lloyd’s, the LMA, the LMG, PPL, Velonetic and Verisk.
Posted: 2025-06-06
Glasgow-based Patons Insurance has recorded customer written premiums of £31.5m in the 2024/25 financial year. This was an increase of 17% on the record figure achieved the previous year. The broker focuses on cover for the taxi, fleet, HGV, minibus, chauffeur and trade sectors. It and has offices throughout the UK.
Posted: 2025-06-05
Personal lines insurer Policy Expert has appointed Tracey Crawley (pictured) as its new chief risk and compliance officer. She joins from Aviva, where she was risk and governance director for general insurance. She will be tasked with ensuring Policy Expert’s use of technology maintains positive outcomes for customers.
Posted: 2025-06-05
The latest Trust in Insurance Index from consumer organisation Fairer Finance has found that consumer trust in the industry is at its lowest ebb for four years. The marker is derived from polling 10,000 consumers about their view of insurers across the motor, home, pet and travel sectors. In contrast, the poll found that customer satisfaction with claims had increased since spring 2023, although it was still below the levels achieved before 2020.
Posted: 2025-06-05
Insurance software specialist Acturis has added Markel’s contractors combined solution to its distribution platform. The solution provides professional indemnity, public liability and employers’ liability covers as well as access to legal support and guidance on a range of HR, debt recovery and business issues.
Posted: 2025-06-04
Acies MGU has added managing general agent Acies Specialist Schemes to its stable, which will provide an insurance proposition for recruitment companies. Rachael Light (pictured), senior underwriter at Acies Specialist Schemes, will lead the new venture. She will be supported by Nikki Cox. Both join from Kingfisher Insurance Services. The move is part of Acies MGU’s strategy to cater for niche markets.
Posted: 2025-06-04
Managing general agent Hive Underwriters has expanded into the space insurance market and appointed Jack Kenneally as class underwriter. Hive said the move into the space sector would build on its existing focus on the aviation sector. Kenneally will join from Occam Underwriting once his existing contractual obligations have expired.
Posted: 2025-06-04
Managing general agent Alps has inked a new three-year capacity deal with AmTrust International, a division of AmTrust Financial Services, Inc. The deal represents a 25% increase in A-rated capacity and gives Alps a direct binder for its motor, landlord, family and commercial legal protection products. The direct binder also covers its road rescue, motor excess, and sole trader add-ons distributed via its quote and bind platform.
Posted: 2025-06-03
Managing general agent Optio Group is offering a new political violence and terrorism product that is backed entirely by capacity from Lloyd’s. It has and limit of $150m providing cover against physical and financial threats faced by businesses and organisations. It also includes an active assailant add-on.
Posted: 2025-06-03
The London and International Insurance Brokers’ Association has launched its new Emerging Claims Committee. It said the initiative was aimed at providing support to people working in the London insurance market who were in the early stages of a career in claims. The committee will seek to promote claims as a career, engage with the market on key claims issues and promote education and development in the sector.
Posted: 2025-06-03
The Financial Conduct Authority has announced that from today Chris Pond will serve as the chair of the Financial Services Consumer Panel. He was previously an MP (1997-2005) during which time he was and Work and Pensions Minister.
Posted: 2025-06-02
Stellantis Financial Services, which provides finance and insurance for new and used vehicles, has teamed up with Wrisk to provide its branded direct-to-consumer car and ban insurance offering. The multi-year deal will support Stellantis customers across 12 brands - Abarth, Alfa Romeo, Citroën, DS Automobiles, FIAT, FIAT Pro, Jeep, Leapmotor, Maserati, Peugeot, SPOTiCAR and Vauxhall.
Posted: 2025-06-02
Personal lines insurance provider Niche Box Group has acquired Next Generation Insurance Group trading as Cycler, which caters for bicycle and e-bike risks. Cycler was launched by Alan Hickman in 2021 and he will continue to lead the brand. It caters for cyclists with bikes and equipment that often exceed the limits offered by standard policies.
Posted: 2025-05-30
Hiscox has appointed Peter Clarke as its chair designate. He will join the board on 1st June and succeed Colin Keogh as chair on 1st July. Clarke is a qualified solicitor and has served as both group chief financial officer and chief executive officer of Man Group. He has also been a non-executive director of Axa Investment Managers SA, Sainsbury's Bank Plc, and most recently served as chair of Lancashire Insurance Holdings Ltd.
Posted: 2025-05-30
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