News

Deals: Gallagher Takes Majority Stake in Brokers’ House

Gallagher today announced that it has acquired a majority stake in Brokers’ House, a specialty broker based in Istanbul. Details of the transaction will not be disclosed. Brokers’ House is a commercial insurance and facultative reinsurance broker […]

Global insurance trends

US Market: What to Do During Lockdown? Home Improvement

Home renovations have increased since the start of 2021, with over half (55%) of U.S. homeowners reporting substantial improvements that boost home values, according to a July survey commissioned by Selective Insurance and conducted by […]

Household Insurance

Does That New Conservatory Really Add Value?

This research from Royal London is quite useful for home insurers, looking to persuade their customers to upgrade their Buildings and Contents; With more time spent inside than ever before, over the past 18 months, […]

Household Insurance

Miserable May Causes Spike in Roof Damage Claims

The unusually wet and windy May has led to a surge in claims for roofing repairs, according to an East Midlands-based insuretech specialist. With some areas of the country, such as Wales, already hitting record-breaking […]

Household Insurance

Terrafirma Highlights Stress Testing on Property Cover

Ground risk specialist, Terrafirma, warns that there is just one month to go until the Bank of England launches regulatory climate stress testing.  This will initially affect all the largest insurers, banks and building societies […]

Household Insurance

Can 95% LTV Mortgages Revive First Time Buyer Market?

Rishi Sunak has promised to turn ‘generation rent into generation buy’ in his latest budget announcement with a return to 95% mortgages, previously phased out after the 2008 financial crash. ‘Generation rent’ refers to those […]

News

Revealed: 54% of SMEs Are Looking to Fundraise in `21

A survey of 1000 SME business owners and directors by Purbeck Personal Guarantee Insurance, provider of the UK’s only Personal Guarantee Insurance has found that over half will seek new finance in 2021. 54% of these […]