Young driver insurance provider Veygo has teamed up with RED Driver Training to offer driving lessons, digital learning and insurance as part of a package for learner drivers. Later this year, Veygo’s quote journey will be embedded into RED’s digital proposition. Veygo is an Admiral Pioneer brand.

South Wales Insurance Brokers, which is an appointed representative of Momentum Broker Solutions network, has bought into Swansea-based Fisher Insure Services, which is owned by Carl Fisher.

The House of Lords has begun investigating the home and travel insurance markets to find out if current regulation is working well and being properly enforced. The inquiry has issued a call for evidence with a deadline for written submissions of 26th June 2026.

Data from Consumer Intelligence’s car insurance index shows that average quoted car insurance premiums in Q1 2026 are up by 4.5% on the previous quarter. This is the first quarterly rise since Q1 2024. On an annual basis, average quoted premiums are 2.4% higher. In addition, Consumer Intelligence says the number of price cut straplines on price comparison websites have fallen sharply.

Allianz UK has joined Simply Business’s SME panel. The carrier will offer public and product liability, employers’ liability and tools cover for customers across industries including construction, beauty and consultancy. Allianz UK will offer additional covers and sectors in the coming months.

DA Strategy, which is an MGA incubator and delegated authority specialist, has partnered maritime technology firm Ceto to help it launch its Lloyd’s backed marine MGA. This included guiding it through the Lloyd’s Coverholder approval process and helping it to create the required operational, governance and regulatory framework ahead of launch.

Managing general agent platform Orvia Underwriting, which brings together Ardonagh-owned MGAs, has extended its continental reach by launching into the Dutch market. It will focus on specialist insurance lines of business including high net worth personal lines, fine art, jewellery and specie and commercial property.

The Financial Services Compensation Scheme has confirmed there will be no levy in 2026/27 for insurance brokers and that insurers will see the levy required drop from £113m last year to £88m this year.

Dual UK has agreed a new capacity deal with Axa for its natural resources product, which is aimed at projects using renewable energy technologies such as solar, wind power and hydro. It provides cover up to £50m with premiums ranging from a minimum of £2,500 up to £150,000.

Renata Group Ltd, which is an appointed representative of the Momentum network, has acquired Abbot Insurance Consultants Ltd. Renata offers commercial, professional and personal insurance products including buildings, motor, home, travel and lifestyle covers.

Axa UK has launched a free programme to support SMEs in how best to adapt to climate change and make their businesses more resilient to issues such as extreme weather and flooding. The programme has been developed in partnership with Axa Climate, which is the insurer’s division that specialises in helping business manage climate and environmental adaptation challenges.

Zurich has announced plans to deploy Cytora’s agentic AI-powered risk digitisation platform across more than 20 markets in the next 16 months. The decision follows a successful 90-day pilot across operations in five countries. Cytora’s platform converts unstructured and multi-language submissions into a risk format that fits Zurich’s underwriting parameters.

Research from Gallagher and the Centre for Economics and Business Research estimates that cyberattacks cost large UK firms £11.7bn last year. This total included £5.4bn in direct losses from disrupted trading and £3.7bn in shareholder litigation costs. Lost assets such as intellectual property totalled £1.3bn.

The British Insurance Brokers’ Association aims to increase its engagement activity with government bodies and policymakers to push its manifesto priorities and support the broking sector. It has recruited Amy Cox as its new head of public affairs to spearhead this work.

In a message to the market, Lloyd’s has highlighted the pace of rate decline as an issue that needs to be carefully managed and, in the softening market, has emphasised the need to focus on margin, expenses, cycle management and profitable growth.

Aviva plc’s UK and Ireland business reported premiums of £2.5bn for Q1 2026, up by 26% on the same period last year. In personal lines, the growth of 59% was supported by the acquisition of Direct Line. Commercial premium income was down by 7%, which it attributed to the softening market.