Exclusive: Tech firm and managing general agent Stubben Edge is seeking growth after a £1.2m raise led by Saracens chairman Nigel Wray and analyst Eamonn Flanagan.
Exclusive: US-based insurtech Lemonade is looking to hire staff in a Europe office in Amsterdam, marking a potential international expansion for the firm.
Quest Group has been appointed to manage claims for policyholders of failed Lamp Insurance.
Two out of five brokers have never sold a cyber policy, owing to both a lack of confidence and customer reluctance, research found.
Exclusive: Danish unrated insurer Gefion took out a further chunk of reinsurance and injected capital, after its solvency ratio plummeted to 72% in 2018.
Aviva will split its life and general insurance business in the UK, cutting 1800 jobs over the next three years.
The Financial Services Compensation Scheme will protect customers of Lamp Insurance following the unrated insurer’s demise.
PIB will see its gross written premium grow from £550m to £900m with the acquisition of Cobra.
Anglia Ruskin University has slammed its insurer over a payout to a former student.
It might be the name, but this week I’ve spotted some similarities between Gibraltarian unrated insurer-facing-liquidation Lamp Insurance and an angler fish, sparking some strange and slippery debate in the office.
Exclusive: Now 4 Cover is looking to relocate policies of 13,500 of its customers, following Lamp’s descent into insolvency.
The number of motor theft claims paid out by insurers in Q1 of this year was the highest since 2012, leading insurers to call for action from motor manufacturers.
The acquisition of Aston Lark by Goldman Sachs could enable the broker to seek out larger acquisition targets, the company's CEO Peter Blanc said.
Exclusive: First Central has been hit with a compensation order, after a former employee claimed they were dismissed unfairly.
Exclusive: Higos, GRP’s hub business in the South West, has acquired The Insurance Group for an undisclosed sum.
The UK has seen a wave of consolidation in regional broking over the past few years, making competition for viable targets a challenge. In response, several consolidators are starting to look to Ireland and Europe as a potential area of expansion.