Managing general agent Pen Underwriting has doubled its cyber cover limit to £10m, which is available for companies with revenues of up to £600m. The new limit is available from 1st July and has been introduced in response to demand from brokers for higher limits.

Axa UK has agreed partnerships with Logistics UK and Driving for Better Business to enhance its fleet management proposition by providing access to a range of road risk management tools and support.

Markerstudy Group has rebranded its personal lines broking arm, which will now be known as Markerstudy Retail. It offers car, motorcycle, home, lifestyle and pet insurance products and includes numerous proprietary brands such as Swinton Insurance, Carole Nash Insurance, Marmalade, Budget Insurance, Lancaster Insurance and Purely Pets. Emma Rawlinson will lead the division as its chief executive officer.

The London Market Group’s data council has opened a consultation to examine the requirements of core data records for delegated authority business. It will examine the structure and fields of the records and will run until 19th June.

Specialty re/insurance broker Consilium has launched a new underwriting platform – Scriptus – that offers brokers access to a complex commercial binding facility. Covers available include commercial combined, contractors combined, combined liabilities, property, CAR and plant and excess of loss. Trades covered include civil engineers, precision engineers, groundworkers and building contractors and allied trades.

Electric vehicle manufacturer BYD UK has selected Ageas UK as its lead panel insurer for its embedded insurance proposition, which is delivered in partnership with technology specialist bolttech and broker Car Care Plan.

Half (49%) of Northern Ireland’s drivers say they cannot spot a fake policy, although two-thirds (66%) of them are aware of ghost brokers selling bogus policies. The research comes from CompareNI.com and the price comparison website is urging drivers to be extra vigilant when buying cover.

Policy administration and distribution technology specialist Instanda has launched a new product – Instanda Clear – to help insurers manage complex human workflows across their underwriting and operational functions. The firm says it enhances governance of work that cannot be fully automated.

Data from Defaqto’s latest quarterly van insurance price index shows that premiums nudged up by 0.2% in March and by 0.2% in April, before dropping by 0.4% in May. Average quoted premiums are almost 10% down on last year and by more than 18% since the start of 2025.

Managing general agent Alps has launched a contract hire finance shortfall GAP cover product to provide protection against vehicle finance shortfalls. In the event of a total loss, the product covers the difference between the market value settlement provided by insurance and the outstanding finance balance owed on the vehicle.

Collinson Insurance has teamed up with Holiday Extras to offer two parametric flight delay solutions. One provides Holiday Extras’ direct travel insurance customers in the UK with a cash payment or access to airport lounges if their flight is delayed. The other will be offered to customers booking airport carparks and hotel packages and provides lounge access if a flight is delayed or cancelled.

Consumers are borrowing more to pay for insurance, according to research from Premium Credit. The premium finance provider says three-quarters (76%) of customers use some form of credit to pay for insurance – the same as last year – but adds that more than half of these customers (51%) have increased the amount they borrow in the past 12 months.

Intermediary Atec Group has transferred its portfolio of 140,000 add-on policyholders from provider Arc to Addept Insurance Services. The book of business includes policies for legal expenses, home emergency, rent guarantee, family legal protection, property owners’ legal expenses and commercial legal protection.

Managing general agent Pen Underwriting has increased the yacht hull limit available through its Vessel Protect brand to $/€15m. The 50% increase is available immediately and on a worldwide basis. Pen began covering global yacht risks in 2024. The increased hull limit follows the introduction of liability covers towards the end of last year.

Real estate managing general agent Ventis has launched its SME real estate product on Bravo Digital Trader, which is the digital trading platform for Bravo Networks. The product is also available on Acturis and via open market underwriting.

Admiral Group has completed its acquisition of fleet insurance specialist Flock, which was first announced in February of this year. Admiral Pioneer, the insurer’s venture building division, first partnered with Flock in 2024. Flock basis its underwriting on telemetry data. It aims to reduce fleet risks by providing safety improvement suggestions and incentivising policyholders with premium rebates.