News
Brokers to warn businesses on lithium-ion batteries
Brokers should urge businesses to take steps to manage the risks that lithium-ion batteries can present, according to guidance from Aviva.
Wholesaler seals second capacity deal in a month
Addept Insurance Services has sealed a capacity deal with The Salvation Army General Insurance Corporation for the firm’s new dedicated tenant pet damage protection insurance for landlords, called Not for Lions.
Deva buys Wrexham-based Tudor Insurance
Deva Group has struck its first deal since The Broker Investment Group upped its stake in the firm to 75% this summer.
Aon acquires top 40 UK broker Griffiths & Armour
Aon has announced the signing of a definitive agreement to acquire top 40 insurance broker Griffiths & Armour.
People Moves: 28 October – 1 November 2024
Follow the latest insurance personnel moves.
Ardonagh Advisory buys Rowett Insurance Broking
Ardonagh Advisory has agreed to acquire commercial and personal insurance broker Rowett Insurance Broking.
Clear grows southern presence with £50m GWP A-One purchase
In a busy week of acquisitions, Clear Group has announced the acquisition of top 100 ranked broker A-One Insurance Group.
Aviva and Allianz rumoured to be weighing up Esure bids
Both Aviva and Allianz are among potential bidders should Esure be put up for sale by its owners Bain Capital, according to a report by Bloomberg.
Bridge makes first steps outside the UK with Malta office
Bridge Insurance Brokers has opened an office in Malta, its first bricks and mortar presence outside of the UK.
Insurance industry voices fears over NI and minimum wage hikes on SMEs as it responds to Budget
A host of insurance figures have expressed concern that Chancellor Rachel Reeves' Budget announcement today will mean SMEs could cut back on staff and business investment, as well as commercial cover putting them at greater risk of underinsurance.
Lloyd’s start-up buys regional broker following PE investment
Start-up Lloyd’s broker SRT & Partners has acquired regional corporate player Read Hunt following investment by BP Marsh.
SRG acquires bloodstock and livestock specialist
Specialist Risk Group has acquired Stonehatch, a specialist bloodstock and livestock insurance broker.
Biba welcomes decision to not use term ‘ghost broking’ in new Fraud Charter
The British Insurance Brokers’ Association has welcomed the replacement of term ghost broking with ‘illegal insurance firms’ in the new Home Office Insurance Fraud Charter published last week.
Ripe continues senior recruitment drive with CUO appointment
Ripe has appointed David Rowntree as chief underwriting officer, the latest senior hire the digital managing general agent has made in recent months.
Coalition adds another insurer to its UK capacity panel
Cyber specialist insurer Coalition has announced that US insurer The Hartford has joined its panel of UK capacity providers.
Start-up broker Native aims to tackle digital asset underinsurance after £2m seed raise
A new London-based specialist digital assets insurance broker called Native has launched today.
Clear seals largest deal with £76.2m “transformational” swoop for Lloyd’s broker
Clear Group has entered the wholesale Lloyd’s broker space with what it has described as the “transformational deal” for Lilley Plummer Risks - a marine and property specialist.
OneBefore partners with Pulse on medical tourism travel insurance
Managing general agent OneBefore has launched Pulse Globetrotter – Medical Travel Insurance, a medical tourism travel insurance, in partnership with specialist insurance provider, Pulse Insurance.
Addept signs distribution deal to bolster broker landlord offering
Addept Insurance Services has today announced an exclusive broker distribution deal with Title Guardian, a 24/7 digital anti-fraud property and identity monitoring tool.
Chaucer CUO named new CII president
Nicola Stacey, chief underwriting officer at Chaucer, has been elected the new president of the Chartered Insurance Institute.
Ex-Open GI duo launch digital marketplace for brokers
A pair of Open GI veterans have teamed up to launch what they describe as a “leading digital insurance marketplace", offering insurance brokers a "unique opportunity to acquire exclusive access to online leads”.
Broker Insights launches in the US
Insurtech Broker Insights has launched in the US following research and collaboration during which time it analysed almost $1bn (£770m) of gross written premiums.
MGA doubles D&O line size with Lloyd's capacity deal
Managing general agent Rokstone has doubled its directors’ and officers’ (D&O) line size from £5m to £10m after securing additional capacity from Lloyds’ Syndicates.
Alan Boswell partners with Peach on teachers’ liability scheme
Alan Boswell Group has partnered with commercial insurer Peach to grow and enhance its teachers' liability scheme.