Carbon Underwriting Limited has penned an agreement that sees FTV Capital make a significant growth equity investment in the managing general agent which operates Carbon Syndicate 4747 in the Lloyd’s market.

Trade association Insurtech UK is seeking to secure better access to capital for its start-up members through the launch of an investor network. At the same time, the association has also published its Investment Guide for Insurtech Firms, which provides guidance on the support available and steps to take to secure investor backing.

Source Insurance has appointed Ageas UK to its panel of home insurance providers. Cardiff-based Source works with financial advisers and provides them with access to a range of home insurance products for their homeowner and landlord clients.

Sale-based broker Principal Insurance has reported post-tax profits of £812,113 for its last financial year, which ended on 31st October 2025. This was up by 16.5% on the previous year. Its turnover was up by 4.4% to £6,952,365.

The Law Society of Scotland has reappointed Lockton to administer and broker its master policy for professional indemnity from 1st January 2027. The professional body carries out a competitive tender policy for its master policy every five years. Lockton has managed the policy since 2017.

The Ardonagh Group has launched an insurtech business that seeks to improve the way data, distribution and capacity are connected across the specialty insurance sector. Ardonagh has built the firm, Axiiem, on proprietary technology which it says will help brokers, carriers and clients access and deploy capacity in a more connected and data-led way.

Specialist insurance provider CFC has developed new policy wording that details how it will treat AI-related exposures. CFC says the wording update will apply to seven products and ensures policyholders do not have to rely on implied or silent cover.

Incubator specialist OneAdvent has launched managing general agent Collective, which provides insurance products to cover high value equipment for photographers and musicians. Collective aims to offer cover for the gaps left in standard home contents policies when items are used away from the home, are shared or are subject to low single-item limits.

Ageas has developed a home insurance platform for Connells Group, which will enable the estate agency’s mortgage and insurance advisers to offer home insurance to customers. Connells Group has a network of 1,200 branches and the digitised proposition builds on a relationship that spans 30 years.

Zurich UK has made a free virtual GP service available to its club blue partner brokers and their employees. The additional service marks the third anniversary of the club, which supports independent regional brokers with learning, development and wellbeing support.

Legal expenses insurance and assistance solutions provider Arag UK has become a member of the Association of British Insurers. It has operated in the UK since 2006 and is part of the Arag Group which is headquartered in Dusseldorf, Germany.

The latest Confused.com car insurance price index in association with WTW shows that comprehensive car insurance premiums were up by 1% between March and May of this year. The average comprehensive policy now costs £719. On an annualised basis, premiums are still down by 5%.

John Lewis Money has added Ageas to its home insurance panel with immediate effect. It becomes the fourth provider on the panel, joining Axa, Prestige Underwriting and Covéa Insurance. Ageas says the move will help it grow its UK personal lines footprint.

Analysis from Defaqto shows that the travel insurance market did not see a spike in premiums in response to the escalation of the Middle East crisis, although it says prices have fluctuated since the beginning of the year.

Addept Insurance Services has signed a multi-million five-year capacity deal with Irwell Insurance Company, which has a B++ (Good) rating from AM Best. The additional capacity will support further growth in Addept’s legal expenses insurance portfolio, which Irwell has provided support for since it launched in 2025.

The Chartered Insurance Institute has appointed eight industry leaders to its newly created Professional Communities Advisory Board. It will operate in tandem with the CII’s specialist advisory groups in broking, claims and underwriting and seeks to ensure the professional body’s outputs meet the needs of its members.