Industry-owned imarket has pushed further into the managing general agent sector with Chapman and Stacey Underwriting launching a liability product onto Open GI’s platform via its service. The rollout is the first MGA product Read More
AIG has completed the acquisitions of strategic minority ownership stakes in specialty insurer and reinsurer Convex Group and global asset manager Onex Corporation. Following regulatory approvals AIG now owns an approximately 35% equity interest in Convex (Read More
Managing general agent Commercial Express has struck a capacity partnership with Fortegra, Insurance Age can reveal. Fortegra is replacing the AmTrust schemes with all existing policies now transferring to Fortegra at renewal. It has launched Read More
Nick Hobbs, chief distribution officer at Allianz UK, tells Insurance Age about the importance of the provider’s regional footprint now including broker hubs, the challenges of the soft market and its MGA appetite as Read More
The commercial insurance market in the UK softened by 7% in the final quarter of last year, in its eighth drop in a row, according to research by Marsh. The decline was the biggest measured in 2025, Read More
Zurich and Beazley have reached an agreement in principle for a deal worth potentially £8bn, clearing the way for a formal bid. Under the terms of the proposal, Beazley shareholders would be entitled to receive Read More
Specialist motor MGA Direct Commercial (DCL) has restructured its operation to create two new business teams aligned for different broker propositions. This has seen the creation of a retail new business division in Chelmsford, focusing Read More
Aviva has enhanced its Minifleet proposition to allow brokers to place up to 20 vehicles at new business on its proprietary Fast Trade platform. It has also included the capability to accommodate up to 30 vehicles mid‑Read More
Shares in listed Lloyd’s insurer Beazley hit 1,173 pence yesterday [2 February] after prospective suitor Zurich revealed it had acquired a 1.47% stake in the business as of 30 January. In a Public Opening Position Disclosure By A Read More
Kovrilo, an MGA incubated by Mission that provides bespoke, modular commercial cover for UK SMEs, has formally launched. Led by the ex-Jensten pair of Tim Smith and Sonia Habib, Kovrilo claims its goal “is to Read More