Schemes
Sutton Group profit and turnover soar in run-up to Acrisure sale
Sutton Group has reported ‘best ever’ figures as turnover and profit leapt by 15% and 50% respectively ahead of being snapped up by Acrisure.
Lloyd’s broker snaps up schemes business from Crispin Speers
Lloyd’s broker BLW Insurance Brokers has acquired a specialist facility from Crispin Speers, Insurance Age can reveal.
Brokerbility strikes first schemes deal with Ecclesiastical
Ecclesiastical has become the new insurance partner for Brokerbility’s bricks and mortar scheme, taking over from Aviva.
Certua: Rise of the embedded insurance specialist
Certua is helping insurers get products to brokers quickly through its advanced digital capabilities. Co-founder Luke Bewley explains how Certua will make its mark on the UK broking and insurance space.
In Depth: Niche lines - The media sector after Covid-19
The entertainment and media sector was massively impacted by Covid-19 as many events and productions ground to a halt. As it recovers, Ed Murray looks at changing risk profiles and challenges brokers need to factor in when placing business in the space
In Depth: Niche lines - Helping out the third sector
With inflation running at more than 11%, the highest rate since 1981, the charity sector faces increasing demand for its services due to the cost-of-living crisis at a time when it is under immense pressure to keep its own operations intact. Ed Murray…
Aviva’s Yabantu: Work to be done, but underinsurance message is cutting through
Aviva’s new director of mid market, schemes & regional speciality Michael Yabantu, believes that its efforts to raise the profile of the underinsurance issue are getting through to brokers and end-customers.
Circle grows turnover and profit
Coventry-headquartered broker Circle boosted profit by a third with turnover up over 10% in its financial year ended 30 April 2022.
Insurers going back to basics on schemes - BLW's Brett Sainty
Following claims that schemes commission and volumes have dropped over the past 12 months, BLW Insurance Brokers’ CEO, Brett Sainty, told Insurance Age that insurers have gone back to basics when it comes to delegated authority partnerships.
Hiscox promotes trio from within to reshape broker leadership team
Hiscox has announced the appointment of James Stewart-Smith to broker sales director - a newly created role within the broker arm of its UK business. He will take up the role with immediate effect and be responsible for managing all seven regional…
Products: November 2022
Product launches including cover for smaller contractors, SME excess of loss, community enterprises and embedded scheme business
Commercial Express launches residential property owners scheme
Commercial Express has launched a residential property owners product, Let Secure, underwritten by Covéa.
Stark drop on most schemes at renewal and for commission earnings
Data provided by SchemeServe has revealed a considerable drop across the board on most schemes with the biggest falls being in cyber.
Commercial Express and Arag team up on broker schemes
Commercial Express and Arag have partnered up to provide commercial legal protection to brokers serving a range of retail and wholesale business clients, as well as emergency assistance and legal protection to residential property owners.
NFP acquires one of the largest brokers in Staffordshire
NFP has acquired Bentley Insurance Services, its fifth broker acquisition in two years.
FR Ball announces merger with Wessex BS and acquisition
Abergavenny based brokers FR Ball has merged with high-street player, Wessex Business Services to create Wessex Insurance Brokers.
Beazley teams up with fintech provider to expand broker schemes
Beazley plans to expand its schemes business with brokers using a fintech platform.
UK Broker Awards 2022: Schemes Broker of the year
Marsh Commercial’s schemes business hit double-digit growth last year after a huge effort to put becoming a trusted adviser at the heart of its culture. The company set out to relentlessly focus on clients and continuously develop its team and technology…
UK Broker Awards 2022: Commercial Lines Broker of the Year
This high-growth independent has withstood significant industry consolidation – and is determined to remain true to its Manchester roots. The past year has been good to this worker bee, with Vista achieving a record 40% for revenue growth and increasing…
UK Broker Awards 2022: Broker Support Partner of the Year
Last year SchemeServe achieved its goal of becoming a complete end-to-end software provider for scheme brokers – a significant milestone in its more than 20-year history. An insurance platform “all about solving problems”, its offering includes product…
UK Broker Awards 2022: Broker of the Year
Almost £100m in gross written premium, a long list of strategic goals achieved, and a deal to propel the business to its next phase of growth are just a few of the reasons Clegg Gifford & Co took home the trophy in possibly our most hotly contended…
Acrisure continues UK expansion with CRK Commercial Insurance Services buy
US-based Acrisure has made its second UK broker purchase with CRK Commercial Insurance Services, following the acquisition of Russell Scanlan.
Movo buys into insurtech Durell
Movo Investment Group, the investment arm of Movo Group which includes appointed representative network Movo Partnership, has bought a 50% stake in insurtech Durell, Insurance Age can reveal.
Have you got what it takes to be part of Insurance Age's Future Force 2022?
Today Insurance Age launches a new project that seeks to highlight the up-and-coming brokers with annual gross written premium of under £30m that we believe will shape the future of the independent intermediary sector over the next decade.