Commercial
NFP snaps up MGA Bspoke
NFP, an Aon company, has bought MGA Bspoke Insurance Group for an undisclosed sum.
Subsidence is surging yet policyholders remain unaware
Following the warmest and driest spring in more than half a century, Ashley Stevens, senior associate director at building and construction consultancy Brawdia, warns that the insurance industry must shift from a reactive to a preventative mindset on…
Hiscox achieves 6% UK growth and eyes double digits by 2028
Hiscox UK is on track to hit its 6% growth target for 2025 at the halfway mark, with group chief underwriting officer Joanne Musselle revealing plans for double-digit retail growth by 2028.
RSA researching commercial flood resilience
RSA Insurance, soon to be Intact, has launched an 18-month research project into commercial flood resilience with the University of Hull.
Pool Re pushes ahead with discount scheme for SME terrorism cover
Pool Re is seeking regulatory and government approval for a scheme to offer significantly discounted reinsurance rates for SME terrorism cover by April 2026, Post can reveal.
How confidence can give insurers an edge in broker service
View from the Top: Tovah Grosscurth, managing director of commercial lines at RSA, says brokers need partners who can offer a point of view, not wait for consensus.
Tomorrow’s World: Operational Innovation
How insurers can learn from past digital transformation programmes and boost productivity is the topic of Insurance Post’s latest episode of Tomorrow’s World, about operational innovation.
Styling shifts transform hairdresser insurance
Fiona Nicolson takes a closer look at why the increase in the number of independent and freelance hairdressers in the UK, as well as so-called co-working salon spaces post pandemic, has pushed up the price of hairdressers’ insurance.
The challenge of insuring asylum seeker accommodation
Oli Williamson, co-founder and chief underwriter at Aspect, explores how civil unrest and political tensions are complicating insurance for asylum seeker accommodation and highlights the vital role insurers, developers, and communities must play in…
MGA platform Launch closes in on UK debut
Managing general agent platform Launch Underwriters is closing in on getting its first UK MGA off the ground, Post can reveal.
Bridgehaven makes acquisition to unlock EU MGA market
Bridgehaven has acquired Dublin-based insurer SureStone Insurance DAC, which will serve as its launchpad into the European managing general agent market.
Diary of an Insurer: Ecclesiastical’s Simon McGill
Simon McGill, schemes development manager of Ecclesiastical, has the pleasure of an early GWR train into London for broker and MGA meetings, takes his terriers Ziggy and Alfie for a walk, and briefs the market on the provider’s expanding schemes…
Allianz recruits from RSA for MGA-facing role
Allianz Commercial has recruited Daniel Head from RSA as head of delegated authority and portfolio solutions for UK global and international markets.
Chubb accused of coal underwriting u-turn
Chubb has reportedly reversed its coal underwriting policy by becoming the lead reinsurer for a coal-fired power plant in Vietnam.
Zurich growth not enough despite new business surge
Zurich saw new business for its UK regional business increase 20% in the first half of the year, but the insurer’s head of retail commercial Morgan Lyons believes it can boost that further, despite competitive market conditions.
Courtroom verdict could give policyholders larger Covid payouts
The High Court has ruled that policyholders with multiple premises are able to claim with separate limits of indemnity at each premises with regard to Covid business interruption claims.
Surge in film set thefts raises alarm for insurers
Marion Jones, director of Spotlite Claims at Woodgate & Clark, warns of a growing number of film set heists, urging stronger security to protect high-value kit and minimise production disruption.
Trump’s card for trade credit insurance
As Donald Trump’s “combative approach” to international commerce creates uncertainty around global trade, Tim Evershed examines the impact on demand for credit insurance as the threat of non-payments grows.
Aon’s head of captives reveals checklist for UK regs
Following Aon’s announcement last week that it is setting up a UK captives management company, global head of captives Ciáran Healy has outlined the broker’s plans and what it wants to see from the prospective regime.
Big Interview: Mark Christer, Wakam UK
Mark Christer, CEO of Wakam UK and deputy CEO of Wakam Group, sits down with Scott McGee to talk through his first year at the UK subsidiary, and plans to expand.
Raw materials price insurer seeks FCA authorisation
ChAI, a UK startup that allows businesses to manage supply chain risk by insuring against fluctuations in the price of materials, is seeking authorisation from the Financial Conduct Authority to set up its own insurer, Post can reveal.
CFC reportedly considering stock market listing
Specialist insurance provider CFC is exploring options including a London Stock Exchange listing, according to a report by the Financial Times.
John Neal to lead AIG’s global GI business
Former Lloyd’s CEO John Neal will join AIG as president in December, reversing course on a previous decision to join Aon.
Pearson Ham reveals wide price gaps in landlord insurance
Pearson Ham has launched a landlord insurance price tracking service and has uncovered significant disparities in what landlords pay for property insurance.