UK Insurance Trends

Marine: North P&I Report Highlights Rising Premiums

Describing 2021 as “one of the most challenging years on record”, North P&I Club’s latest Pre-Renewal Report, published recently, calls for “robust action” in the form of increasing mutual P&I rates at the forthcoming renewal […]

Emerging Risk

RSA Looks to Cover Complex Risks With Specialty Unit

One we missed from last week; Following Intact’s acquisition of RSA’s UK & International business (UK&I) in June this year, teams from both organisations will develop an integrated global proposition for brokers and customers with […]

Insurance Brokers

Courier/Delivery: Fiducia Launches New Commercial Product

Leading Specialty MGA Fiducia has announced the launch of its new Commercial Combined policy for Haulier’s and Couriers. The product, which will be marketed through its broker partners, provides a range of coverages under one […]

UK Insurance Trends

How’s The MGA Market Doing?

According to a ranking and analysis completed by Insuramore (www.insuramore.com/rankings/mgas-mgus/revenues), the value of revenues earned worldwide by MGAs, MGUs and cover-holder groups (a.k.a. delegated underwriting authority groups) was around USD 12.5 billion in 2020, implying […]

UK Insurance Trends

Staycation Costs & Wet Weather Dampen High St Spending

The ONS has released monthly retail sales data for July. For brokers in the Commercial and Retail sectors this is a tough year and an expensive Staycation summer for many Brits means there is less […]

InsureTech

Quotall Partners Up With Acrisure

Insurtech ecosystem specialist Quotall announced today that it has entered into a strategic partnership with global insurance distribution business, Acrisure. Under the partnership, Acrisure will provide insurance product sourcing and insurer partnership services to meet […]

Insurance Brokers

Say Hello To Hoxton Insurance Services

Hoxton Insurance Services, a new MGA trading exclusively through brokers, has been launched by MGA specialist, NuVenture International Ltd. Focusing on Mid and High Net Worth personal lines insurance in the UK, Hoxton Insurance Services […]

Insurance Regulation

Insurance Europe Offers Thoughts on Product Distribution

Insurance Europe has published its response to a consultation by the European Commission on its Retail Investment Strategy (RIS). Insurers offer a wide range of investment products to address different consumer needs and are also major providers […]