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MGAs boost productivity as profits and growth come under pressure
Briefing: As Aviva completes DLG takeover, is more personal lines market consolidation on the cards?
Scheme brokers see double digit year-on-year commission growth – but momentum slows
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Professional Indemnity
News Analysis
TechTalk: When AI acts alone, who is to blame? Insurers confront the unthinkable
‘AI is beginning to have motivation of its own – that’s a different kind of risk,’ said senior law firm partner
News
Verlingue London Markets plans to enter professional lines market in 2025
Broker’s executive director says this move marks ‘the next step for us to complete the jigsaw’ of its current wholesale offering
News Analysis
Solicitors secure premium benefits as professional indemnity market stabilises
Although the majority of legal professionals are now enjoying ‘favourable’ PI premiums, ‘smaller firms and firms doing property work still face challenges’ finding affordable cover
News
Aviva to launch new digital products and modularise eTraded commercial combined offering
The eTrading product update is designed to give brokers greater flexibility and increased confidence to place larger, more complex risks online, says SME and delegated authorities managing director
News
MGA warns that no win, no fee firms threaten insurers’ stability
’Without stricter regulation, these firms will continue to drive up costs, create unnecessary complexity and undermine consumer confidence,’ says claims director
IT Interview
Darren Galloway: Broker service key for newly launched MGA
’We’re trying to bring together traditional underwriting, traditional service [and] access to highly experienced and knowledgeable underwriters, but with a modern spin,’ says managing director
News Analysis
Briefing: ‘Tis the season to be jolly?
Macroeconomic circumstances have buffeted the UK general insurance market in recent years – that trajectory looks set to continue as 2024 comes to a close and pressure points still pinch firms
News
Small business insurtech announces new PI product
’We want to unite UK businesses to help them grow and share in our profits,’ says chief executive
News
RSA unveils new PI product for climate consultants
’With climate, sustainability and net zero considerations growing in importance to all organisations, we believe there is strong demand and desire for this type of product,’ says UK head of PI
News
PI-focused MGA wins long-term capacity deal with specialty insurer
’This transition marks a meaningful step forward, enabling us to continue delivering the stability and tailored support our brokers and insureds count on as we grow,’ says chief executive
News
MGA warns of ‘huge’ safety problems for tall buildings after Dagenham blaze
’A large proportion of the affected buildings are yet to be remediated, leaving thousands of people facing these risks every day,’ says underwriting manager
IT Interview
Ramesh Singh: ‘Watch this space’ as Aviva bolsters financial lines with new talent
The industry should ‘watch this space’ for developments in financial lines, says underwriting director
News
Independent broker gets new owners
’It will be business as usual for the most part, however, we are always looking for new and exciting products [or] insurers to add to our panel,’ says new owner
IT Interview
Paul Howley: From account executive to startup broker
’I have a family to look after as well, therefore it was difficult to just start from scratch,’ says managing director
News
RightIndem names new chief strategy officer
’It’s a well-deserved achievement,’ says chief executive
News
Former account executive launches new broker
’It takes hard work and commitment, but it is well worth doing,’ says founder
IT Interview
Tom Downey: Pen Underwriting plans to use M&A to build ‘a much more specialist, niche business’
Chief executive strives for MGA to be ‘magic in the middle’ between capacity partners and brokers as it looks to hit £1bn GWP by year-end
News
Ecclesiastical reignites schemes partnership with insurance broker
’We did our due diligence to find the right partner for us,’ says operations director
News
New creatives scheme announced for recently launched broker
’My team and I have launched something new and exciting that will help creative freelancers buy the insurance they need,’ says founder
The Insurance Times Five Star Rating Report is the first at-a-glance guide to insurer experience, created for brokers by brokers.
The ratings distil the key findings of the well-established Broker Service Survey into an indispensable tool to help brokers select the right insurer for their clients. Insurers are rated on the experience they offer to brokers using an easy to understand Five Star system, with the best insurers in the market receiving a coveted Five Star rating.
View the 2023 Commercial Lines Report
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