Broker
Partners&’s Phil Barton on taking sustainability seriously today
View from the Top: Phil Barton, CEO of Partners&, says insurance brokers should be a model for their clients and not delay in taking sustainability seriously.
Big Interview: Clear Group CEO Mike Edgeley
Three years into his role as CEO, and 18 months on from the investment from Goldman Sachs, Clear Group CEO Mike Edgeley speaks to Scott McGee about his military background and how the broker’s growth is "not just about scale".
Is Biba right to worry about personal lines broking?
News Editor’s View: After the British Insurance Brokers' Association asked personal lines insurers to commit to the broking channel, Scott McGee looks at what has got brokers spooked, and what action needs to happen in order for a fruitful future.
Who is going to snap up insurance brokers in 2024
Age Lindenbergh, leader of the European Alvarez and Marsal’s Transaction Advisory Group, on why consolidation in the UK insurance brokerage market shows no signs of slowing down and where in the world cash is coming from to buy businesses.
MP highlights loophole in Leasehold Reform Bill
Matt Brewis, head of insurance for the Financial Conduct Authority, has appeared before a parliamentary committee to discuss the Leasehold and Freehold Reform Bill and been challenged by MPs over whether the current crop of rules ensure insurance costs…
Ghost broker sentenced after targeting Sudanese motorists
A ghost broker who targeted Sudanese nationals living in the UK has been sentenced after LV’s fraud team spotted six motor insurance policies that he took out using false information.
Why the MGA sector will advance in 2024
Trade Voice: Mike Keating, CEO of the Managing General Agents' Association, argues MGAs are uniquely placed to meet the challenges that 2024 will bring.
Arch reports a shift in broker mindset on e-trading
Commercial lines brokers’ attitudes towards e-trading shifted in 2023, according to Arch’s UK regional distribution boss.
Is the Aon–NFP deal a sign of mega broking M&A to come?
Content Director's View: Jonathan Swift reflects on the recent record broking deal between Aon and NFP, and asks whether the $13.4bn (£10.5bn) price tag will be beaten by another acquisition in 2024.
Biba hedges political bets with manifesto
The British Insurance Brokers’ Association has released its manifesto for 2024, which CEO Graeme Trudgill says will “resonate with all political parties”.
FCA confirms further AR restrictions
Having previously placed restrictions on four insurance brokers feared to be failing to ensure appointed representatives comply with the regulator’s rules, the Financial Conduct Authority has confirmed three more sanctions.
New year, new shape of the City for insurers
As Lloyd’s stays put in Lime Street and Aviva kicks off 2024 in a new City HQ, Emma Ann Hughes examines how insurers are reshaping the square footage they occupy in the Square Mile.
Biba demands more detail from government around regulatory scrutiny
The British Insurance Brokers’ Association has asked for more information about how HM Treasury and parliament will keep tabs on whether the industry’s regulators are doing a good job.
Aviva’s Ridley on closing the cyber protection gap
View from the Top: Stephen Ridley, head of cyber at Aviva, argues that an underinsured market benefits no one.
Most-read insurance stories in 2023 revealed
Like Cher, Insurance Post is turning back time to remember the industry Consumer Duty’s efforts, business interruption cases continuing to rumble on, developments at Direct Line, RSA’s personal lines exit, plus the other major insurance events of the…
Thomas Carroll CEO reveals expansion plans
Hot on the heels of Thomas Carroll Group’s 181 employees becoming owners of the business via a trust, the independent broker’s CEO has shared plans to swell the firm’s ranks and open new offices.
Christmas is a time for insurers to give back
Editor’s View: As insurers on Santa’s nice list get ready to receive loads of presents, Emma Ann Hughes reflects on how the industry has given back to society and supported charities this Christmas.
Broker Review of the Year 2023
Brokers reflect on overcoming tough market conditions in 2023 and share their hopes of seeing Justin Bieber at the Biba conference in 2024 “just for the pun of it”.
Questions remain as more brokers sign leasehold pledge
Seven more broking firms have signed up to the leasehold commission pledge in association with the Department for Levelling Up, Housing and Communities.
Miller secures independent future as PE firm is bought out
Insurance broking firm Miller has announced that its private equity backer, Cinven, has agreed to sell its shares in the firm.
Diary of an Insurer: Brokerbility’s Julie Gregory
Julie Gregory, relationship manager at Brokerbility, is a lark not an owl, loves her horses, and manages to cover lots of ground heading to Leicester, as well as seeing lots of regional broker members in the north.
Allianz makes changes to leasehold products following FCA reforms
Allianz has issued an email to its brokers outlining changes to its multi-occupancy buildings insurance products, which includes capping commission at 30%.
Gove brings Bill banning excessive commission to parliament
Michael Gove, Secretary of State for Levelling Up, has brought a Bill to give leaseholders more power, while banning opaque and excessive buildings insurance commissions for freeholders and managing agents.
The challenges and opportunities in the UK insurance brokerage market
Age Lindenbergh, leader of the European Alvarez & Marsal’s Transaction Advisory Group, unpacks the difficulties and opportunities within UK broker consolidation, and how the UK can keep its prominent standing in Europe.