Insurance Age

For more than 30 years, Insurance Age has been a trusted resource for regional brokers in the UK. By providing exclusive news articles, insightful interviews, and in-depth analyses, it offers the essential market information brokers require to enhance their operations.

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Biba 2025: Mike Keating on unrated due diligence

1 day ago | insuranceage.co.uk | Rosie Simms

Mike Keating, CEO of Managing General Agents’ Association, analyses how due diligence on unrated capacity should work both ways – from broker to MGA and MGA to broker respectively. The MGAA has close to 70 insurer members. When looking at new insurers joining, the association decided it will accept unrated carriers and now has a number within its stable. Keating noted the trade body does the necessary due diligence, investigating the solvency ratio for example.
Biba 2025: Winners of International Lifetime Achievement and Francis Perkins awards revealed

1 day ago | insuranceage.co.uk | Rosie Simms

The British Insurance Brokers’ Association has named Olola Frederick Olabode Ogunlana as the winner of its 2025 International Lifetime Achievement Award and Christian Poulsen as the winner of its 2025 Francis Perkins Award. In the first category, the judges made their selection because of Ogunlana’s 73-year contribution to the insurance industry. He was previously an underwriting member at Lloyd’s of London for 10 years, and is involved in various charitable and educational organisations.
Biba 2025: Caroline Barr named first female chair at Biba

2 days ago | insuranceage.co.uk | Rosie Simms

British Insurance Brokers’ Association CEO Graeme Trudgill has announced Caroline Barr as the incoming chair in his welcome speech at the 2025 Biba conference, and he looks to keep the pedal pressed to the floor. Becoming the first female chair, she is currently a non-executive director at the trade body and takes over the position when Jonathan Evans’ tenure finishes at the end of the year. Previously Barr was deputy director at HM Treasury, and a member of the Financial Services Consumer Panel.
FCA strips back insurance rule book

2 days ago | insuranceage.co.uk | Rosie Simms

The Financial Conduct Authority has laid out plans to remove outdated or duplicated requirements from its insurance rule book, after it asked what improvements could be made. The FCA launched a discussion paper on the regulation of commercial and bespoke insurance business in July 2024.
Newbie News: CastleBridge Risk Solutions

3 days ago | insuranceage.co.uk | Rosie Simms

Tweet Facebook LinkedIn Save this article Send to Print this page CastleBridge Risk Solutions founders, Tim Grant and James Dunsby, tell Insurance Age how the business will focus on service, the importance of relationships, and all about its partnership with Cornerstone Finance Group and Imperial Chartered. What is your background in insurance?
Blog: How can the industry maintain Biba fever in the new era?

4 days ago | insuranceage.co.uk | Rosie Simms

Heading into another Biba conference there will be some similarities compared to previous years but with changes in the market through large deals, what can brokers expect as the trade body hails a new era? Rosie Simms shares her thoughts. The theme for the British Insurance Brokers’ Association’s 2025 conference this week in Manchester is ‘A New Era’.
Avid partners with MS Amlin on leasehold product

4 days ago | insuranceage.co.uk | Rosie Simms

Specialist managing general agent Avid Insurance has partnered with MS Amlin Insurance to provide capacity in the public sector ‘right to buy’ the leasehold insurance market. The package will assist both councils and its leaseholders, and offers increased choice, Avid claimed. Although most contracts are renewed in April the MGA has seen “a lot of interest” in the leasehold product in the first quarter this year.
Interview: Bob Pybus, CEO of AUB UK Retail

1 week ago | insuranceage.co.uk | Emmanuel Kenning

Having been named CEO of AUB UK Retail last September, Bob Pybus reflects on his route to the role, tells Insurance Age about the deals struck so far and shares his plans to grow to a £1bn business. Pybus took up the post on 1 October 2024 having been the with the business in its various guises for many years. He was a co-founder of NPA Insurance which became a Top 50 UK broker with over £30m of gross written premium before selling up to Integro in 2015.
FCA reveals fall in GI & protection appointed reps

1 week ago | insuranceage.co.uk | Emmanuel Kenning

The number of appointed representatives in the general insurance and protection space fell to 7,359 last year as the sector posted the biggest volume drop in the financial services market. It was down by 591 ARs year-on-year. In percentage terms, the 7.4% decline at the end of 2024 was the second biggest measured by the Financial Conduct Authority.
UK firms underestimating cyber attack vulnerability with smallest most at risk

1 week ago | insuranceage.co.uk | Rosie Simms

Businesses in the UK and Ireland are five times more likely to be the target of a cyber attack than suffer flood damage and yet only 47% have dedicated cyber cover, according to research from Pen Underwriting. Pen surveyed 300 business insurance decision-makers from different sized firms across the UK and Ireland with the results suggesting firms are underestimating their vulnerability to cyber-attack as well as the severity of potential commercial consequences.