Insurance Today

1 week ago | insurancetoday.co.uk | Edward J. Murray

Insurance professionals Tim Grant (pictured left) and James Dunsby (pictured right) have established a new Bristol-based broker called Castlebridge Risk Solutions Limited. It will open for business on 3rd June and serve commercial businesses and property owners. The firm will become an appointed representative of Momentum Broker Solutions. Grant will act as managing director and Dunsby as director.

1 week ago | insurancetoday.co.uk | Edward J. Murray

Specialty managing general agent platform Optio Group has acquired managing general agent Custodian Management Ltd, which was founded in 2013 by managing director Zahid Naqvi and has a focus on providing professional indemnity and management liability cover. Optio said the deal advanced its ambition to create a diversified platform.

1 week ago | insurancetoday.co.uk | Edward J. Murray

Direct Commercial Limited has launched Haul in One Truck IHP on the Acturis platform to offer an e-trade solution for larger commercial vehicles. The cover was already available for vehicles under 12 tonnes and has now been extended to provide cover for those above that weight limit. Michael Dickinson, head of schemes at Direct Commercial, said: “We’re proud to be the only insurer supporting e-trade for heavy vehicles on Acturis.

1 week ago | insurancetoday.co.uk | Edward J. Murray

Managing general agent OneBefore, in partnership with insurance provider Freedom Insurance Services, has launched a new product called Travel Europe. It is aimed at those travelling for leisure purposes and can cater for those with pre-existing medical conditions. The collaboration comes on the back of joint work done last year to bring their One Tree Travel product to market.

1 week ago | insurancetoday.co.uk | Edward J. Murray

Former Lockton adviser and Zurich underwriter Scott McLuskey (pictured) has launched new corporate broker Monteith Corporate Risk from offices in Glasgow and London. McLuskey said the firm was aiming to achieve £1m in gross written premiums within the first three months and would provide traditional service levels in today’s modern trading environment. McLuskey commented: “There has been rapid consolidation within the sector and the market is now dominated by a handful of global firms.