Insight
Car insurance premiums surge 58% in a year
According to research by WTW and Confused, car insurance premiums have soared to a record high with a 58% rise in 2023.
Commercial Express highlights hair and beauty scheme
Commercial Express has launched a hair and beauty product for hairdressers, barbers and beauty therapists.
Daulby Read owner Deva pushes into West Midlands with Gomm merger
North West based Deva Risk Group has expanded its reach into the West Midlands by merging with Gomm Insurance Brokers.
AssuredPartners’ Borland buys Gibson Hawick
Borland Insurance has bought fellow Scottish broker Gibson Hawick.
Matthew Hill named CEO at the CII
The Chartered Insurance Institute has appointed Matthew Hill as group CEO joining in early April.
Adler Fairways makes string of purchases
Adler Fairways has completed two purchases this month through the acquisitions of ACM Broking and Primassure, taking the total in the past 12 months up to five.
Romero boosted turnover and growth by more than 20% in run up to sale
Romero Insurance Brokers achieved a 31% rise in post-tax profits to £5.04m ahead of being snapped up by AssuredPartners.
Howden expands presence in Wales
Howden has opened a new office in Swansea, as part of its commitment to strengthen its position in the South and West Wales region.
Simply Business the template as Liz Bilney launches new broker Fuzzy Insurance
Liz Bilney, the former head of Somerset Bridge, has parked the plans for Lumun and rolled out commercial broker Fuzzy Insurance with a target of £4m gross written premium in the first year growing to 50 staff in year three.
Politics and future of trading lead Liiba’s 2024 agenda
Politics, artificial intelligence and the campaign to get underwriters and brokers back into the Lloyd’s underwriting room lead the London & International Insurance Brokers Association’s 2024 agenda.
People Moves: 8 – 12 January 2024
Stay in the loop with the latest insurance personnel moves.
Biba launches three claims guides for members
The British Insurance Brokers’ Association has unveiled three claims guides for members to use, to help customers better navigate the claims process for home, motor and travel insurance.
The Broker Investment Group strikes first deal of 2024
The Broker Investment Group has taken its shareholding in Bedford-based £12m gross written premium broker Bullerwell Insurance to 100% in its first deal of 2024.
QBE names Stephen Johnson as head of trading for the South East
Stephen Johnson has been appointed to head of trading for the South East region at QBE Europe, where he will lead the regional underwriting teams in London and Chelmsford.
Bridgehaven backs MGA Alchemy’s professional risks launch
Bridgehaven Insurance has backed managing general agent Alchemy’s launch into the professional risks market.
New property MGA Ventis launches with ex-Covéa quartet
Ventis, a specialist commercial and residential real estate managing general agent, has opened for business.
Insurtech broker founder Halsey departs for software provider
Insurance software solutions provider Genasys Technologies has named former Taveo co-founder and COO Ed Halsey as its new vice president of marketing.
Biba launches programme to attract new industry talent
The British Insurance Brokers’ Association has launched a programme with the Careers & Enterprise Company to raise awareness of the diversity of careers in insurance.
David Perry targets 15% growth for FSBIS per year
David Perry, CEO of FSB Insurance Service, told Insurance Age that the company is eyeing 15% member policy count growth per year and continual team development.
Biba unveils ‘Managing risk for growth and economic security’ theme for 2024 manifesto
The British Insurance Brokers’ Association has called for a proportionate regulatory framework that can facilitate growth as it unveiled its 2024 manifesto, ‘Managing risk for growth and economic security’.
Circle grows turnover, profits and headcount
Post tax profits at Circle 1991, the holding company for Circle Insurance Services, rose by nearly 20% in the year ended 30 April 2023 as turnover and headcount also grew.
Blog: The importance of empathic cultures – Shifting the narrative of men’s mental health at work
Zoë Parsons of Reg Technologies sheds light on the paramount importance of empathy in navigating men’s mental well-being at work as she explores the statistics and shares vital takeaways.
Canopius adds ex-PIB and QBE leader Matthew Crane as head of UK distribution
Canopius has added Matthew Crane to its UK executive committee in the newly created role of head of UK distribution.
RSA teams up with Brit to launch Project Cargo consortium
RSA and Brit have launched a new Project Cargo consortium, BUILD, offering guaranteed capacity of up to $285m (£223.8m) for risks worldwide.