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Showing posts from November, 2025

Pool Re: terrorism cover should be standard commercial feature

A gathering of experts at Pool Re’s annual Market Event has called for the reinstatement of terrorism cover as a standard feature of commercial property insurance. from Insurer - insuranceage.co.uk https://ift.tt/cM7T1Ob

Zurich’s Brumpton looks to build on “best job nobody’s heard of”

Zurich’s head of engineering, Iain Brumpton, highlights the impact of its engineers finding 400,000 faults a year in the “best job nobody’s heard of”, and the opportunities to work with the wider insurer’s group. from Insurer - insuranceage.co.uk https://ift.tt/My2ngOE

Podcast: Reid and Clegg present Double Indemnity – episode four, Intact’s Ken Norgrove

Industry provocateurs Stuart Reid and Toby Clegg interview Intact Insurance CEO Ken Norgrove in the latest edition of Insurance Age’s Double Indemnity podcast series. from Insurer - insuranceage.co.uk https://ift.tt/HoGXqmP

CFC aims to open up new cyber income streams for brokers with launch

Specialist insurance provider CFC has unveiled a new tool it claims will help make cyber insurance more appealing to a broker’s SME clients. from Insurer - insuranceage.co.uk https://ift.tt/8a7RYZD

Allianz hails mini-fleet progress as NCD conversion returns to Acturis

Allianz will be rolling out mini-fleet through Bravo Digital Trader next year, Insurance Age can reveal, following on from reinstalling an NCD conversion service on Acturis via imarket business this month. from Insurer - insuranceage.co.uk https://ift.tt/imYvfuE

HNW brokers risk relationships turning “transactional” due to workloads

Many high net worth brokers are failing to engage with clients as much as they should because they are over-stretched, lack confidence and time poor, creating relationships that are merely transactional. from Insurer - insuranceage.co.uk https://ift.tt/57yZpvr

Neal to be paid $2.7m by AIG despite not joining the insurer

John Neal is set to receive a $2.7m (£2.06m) payout by AIG according to an SEC filing, following his employment at the insurer being cancelled before he came on board. from Insurer - insuranceage.co.uk https://ift.tt/kBOEAeG

People Moves: 17 – 21 November 2025

Stay in the loop with the latest insurance personnel moves. from Insurer - insuranceage.co.uk https://ift.tt/38fjQiO

IFB appoints Zurich’s Clayton as chair

The Insurance Fraud Bureau has named Scott Clayton, head of claims fraud for Zurich, as chair, stepping into the role on 1 January 2026. from Insurer - insuranceage.co.uk https://ift.tt/BKf9Ats

Addept launches dedicated rent guarantee and legal expenses insurance

Addept Insurance Services has launched a dedicated rent guarantee and legal expenses insurance product for landlords and local authorities providing social housing in England and Wales. from Insurer - insuranceage.co.uk https://ift.tt/3pebjMl

Intact eyeing up broker trading in sites in South West and North East

CEO Ken Norgrove has revealed to Insurance Age that Intact Insurance is eyeing up broking trading sites in the South West and North East as it assesses whether it has gaps in its UK footprint. from Insurer - insuranceage.co.uk https://ift.tt/MyruGY3

Top 100 Broker expands into Republic of Ireland

Staysure has launched into the Republic of Ireland, bringing its portfolio of travel insurance products to the market. from Insurer - insuranceage.co.uk https://ift.tt/KkzQiqS

Motor MGA strikes long term capacity deal with Antares

Specialist motor fleet underwriting agency Century Underwriting has secured a long-term capacity partnership with Antares Insurance Company. from Insurer - insuranceage.co.uk https://ift.tt/5xoGCUj

ABI: fraudulent insurance claims topped £1bn again in 2024

The Association of British Insurers has revealed the value of detected fraudulent general insurance claims hit £1.16bn in 2024, up 2% from the previous year (2023: £1.1bn). from Insurer - insuranceage.co.uk https://ift.tt/RFG15fA

Covea outsources premium finance with Premium Credit deal

Covea has partnered with Premium Credit in a multi-year agreement, outsourcing its premium finance offering. from Insurer - insuranceage.co.uk https://ift.tt/WNaGwVD

Ex-Lloyd’s CEO John Neal no longer joining AIG

John Neal will no longer be joining AIG as president due to “personal circumstances”, the insurer has announced. from Insurer - insuranceage.co.uk https://ift.tt/g3n7ItY

People Moves: 10 – 14 November 2025

Keep up to date with the latest personnel moves in insurance. from Insurer - insuranceage.co.uk https://ift.tt/c4o86nZ

MGA Pen enters new specialism looking to end ‘limited choice for brokers’

Pen Underwriting has launched into the renewable energy insurance sector with a proposition tailored to the needs of the waste-to-energy anaerobic digestion (AD) industry. from Insurer - insuranceage.co.uk https://ift.tt/jUblWuC

Aviva pushes on with 17% UK growth

Aviva grew gross written premiums in the UK by 17% to £6.27bn in the first nine months of the year, with double digit rises in personal and commercial lines. from Insurer - insuranceage.co.uk https://ift.tt/7s6BCw9

Magenta signs MNW capacity deal with Zurich

Magenta, part of Howden-owned Dual UK, has signed a deal with Zurich to provide capacity for its mid-net-worth home insurance product. from Insurer - insuranceage.co.uk https://ift.tt/WY3RJOq

Zurich’s door open to new MGA deals as appetite grows

Zurich’s appetite in the managing general agent market will continue to grow according to David Nichols, head of retail, as new deals are set to be revealed. from Insurer - insuranceage.co.uk https://ift.tt/PYkZSo1

Third quarter of motor premium falls – ABI

Average motor insurance premiums fell £13 to £551 in the third quarter, according to the Association of British Insurer’s latest tracker. from Insurer - insuranceage.co.uk https://ift.tt/BK310l4

Biba welcomes Government plan to move to ‘total signposting’ for insurance

The British Insurance Brokers’ Association has welcomed the Financial Inclusion Strategy from the Government that outlines a new signposting initiative to help people find the most appropriate insurance. from Insurer - insuranceage.co.uk https://ift.tt/FoZQpVS

AM Best rates Peach-owner NPA Insurance as B++

AM Best has given NPA Insurance, including trading style Peach which backs numerous UK managing general agents and broker schemes, a financial strength rating of B++ (Good) and a long-term issuer credit rating of ‘bbb’ (Good). from Insurer - insuranceage.co.uk https://ift.tt/LDFPtUB

Hadron confirms 10 MGA deals as its nears £200m UK GWP

Hybrid carrier Hadron has today revealed plans to enter the European Union after confirming it expects to end 2025 with over £200m in gross written premiums in the UK. from Insurer - insuranceage.co.uk https://ift.tt/NiO0p9J

MyFirst adds Ageas to panel

MyFirst has added Ageas UK to its panel, as the insurer claimed it reinforces its commitment to the UK broker market. from Insurer - insuranceage.co.uk https://ift.tt/Q2sDAGi

People Moves: 3 – 7 November 2025

Follow the latest personnel moves in insurance. from Insurer - insuranceage.co.uk https://ift.tt/dgKvMH1

Aviva demands crackdown as ghost broking surges 22%

Aviva has called for tougher enforcement, stronger penalties and better education to crackdown on ghost broking as it detected a 22% surge in cases since 2023. from Insurer - insuranceage.co.uk https://ift.tt/bTOWcL0

Geo-owned MGA launches new non-negligent liability insurance policy

Renovation Underwriting has launched a specialist cover that financially protects property owners undertaking renovation or construction projects, specifically in circumstances where damage could occur to neighbouring properties and no one can be proven to be at fault. from Insurer - insuranceage.co.uk https://ift.tt/yEOUjrS

UK growth accelerates at Hiscox

Hiscox has maintained “positive momentum” in the UK with written premiums up 8% in the first nine months of the year to £543.1m. from Insurer - insuranceage.co.uk https://ift.tt/lnkq5ZM

Brokers on the ‘frontline’ in tackling insurance fraud

Nearly one in five people (19%) believe it’s justifiable not to disclose the full truth on an insurance application – a figure that rises to 21% among those with motor insurance, research by Ageas UK has revealed. from Insurer - insuranceage.co.uk https://ift.tt/Un0EqWi

Home insurance premium falls speed up

Average quoted prices for home insurance fell by 4.8% in the three months to September, according to research by Consumer Intelligence. from Insurer - insuranceage.co.uk https://ift.tt/nS13RyZ

Specialty MGAs Nirvana and Pulse complete merger

Managing general agents Nirvana and Pulse have completed their merger after the deal was signed off by the Financial Conduct Authority. from Insurer - insuranceage.co.uk https://ift.tt/mspAI70

Markerstudy adds former Allianz leader Price as director

Markerstudy has added ex-Allianz leader Victoria Price as capacity and partnerships director. from Insurer - insuranceage.co.uk https://ift.tt/1b8FrST

MGA Alps launches fleet GAP product

Managing general agent Alps has launched a fleet GAP product for brokers, designed to deliver “valuable” protection for organisations operating commercial fleets. from Insurer - insuranceage.co.uk https://ift.tt/GoYIrU9

New MGA targets financial lines

Managing general underwriter Acies has launched its latest underwriting agency, Subscribe MGA focusing on financial lines. from Insurer - insuranceage.co.uk https://ift.tt/13Zk9gS

Mission aiming to launch six more MGAs by end of 2026, says CEO Dingwall

Accelerant-backed MGA incubator Mission is looking to almost double the number of UK/EU firms under its auspices to 15 by the end of 2026, according to CEO Ross Dingwall. from Insurer - insuranceage.co.uk https://ift.tt/u3ESMYI