Bishop Street Underwriters has established a new group structure for its UK operations, which include Incorporated Insurance Group and recent acquisitions Landmark Underwriting and Avid Insurance. The move will bring the different entities together under a common management and governance structure. The combined operation will be called Bishop Street Underwriters UK.

The London and International Insurance Brokers’ Association believes that trust, personal relationships and human judgement will remain core elements of the London market’s ability to trade successfully despite the transformational impact of AI and data availability on risk assessment and placement.

Arag UK has reported total income of £244m for the 2025. This is the first time its has included results from DAS UK, which Arag Group acquired at the beginning of January 2024. The figures show Arag’s UK legal expenses insurance operations made a loss of £4.1m in 2025, an improvement on the loss of £5.5m recorded in the previous year.

Insurance data provider Percayso Inform has teamed up with vehicle and driver intelligence specialist Driverly in a multi-year partnership to create a broader and more detailed insight proposition for mutual insurer clients.

GlobalData’s 2026 UK Commercial Broker Survey suggests that almost 1 in 10 (9.2%) of commercial brokers see AI as the biggest threat to their business. The only two threats deemed more severe are competition from other brokers and the soft market.

Jensten has penned a deal to acquire technology-focused corporate broker Venture Risks Group, which is an appointed representative of Momentum Broker Solutions Ltd. The deal is expected to complete next month, strengthening Jensten’s tech, media, cyber and life sciences division.

Broker Verlingue has opened an office in Bristol, which it says will enhance its ability to support clients across the South West. The office becomes Verlingue’s ninth in the UK. The broker is part of Verlingue Group, which also has a specialist London market division.

Defaqto has published a report that says motor insurers are not doing enough to ensure customers understand the financial implications of the choices they make during the online quote-and-buy process. It says this makes it difficult for customers to make informed decisions and for carriers to fulfil the Consumer Duty.

Lloyd’s has announced the 10 firms that will form the 17th cohort of its Lloyd’s Lab Accelerator initiative, after 15 businesses pitched for a place on the 10-week programme. The participants were chosen in respect of three specific themes: operational efficiency in the Lloyd's market, new products for the Lloyd's market and experimental innovation.

Managing general agent Ripe has launched a product to cover classic, modern classic and collectible cars. Specialist motor insurer ERS will underwrite the new product, which is called Ripe Classic Cars. It adds to Ripe’s niche caravan and motorhome covers in the motor market and to its overall portfolio of more than 20 consumer and SME products.

Zurich is set to take ownership of Beazley on 1st October following joint confirmation that they have secured the necessary regulatory approvals for the transaction to go ahead. Zurich first went public with an offer for Beazley in January this year, which it subsequently increased to approximately £8.1bn.

Hybrid insurer Bridgehaven Specialty UK Limited has agreed a deal with managing general agent Amulet Real Estate Limited to provide capacity to underwrite a portfolio of specialist commercial property and liability insurance. Amulet, which is backed by capital partner Mission, was established earlier this year.

The International Underwriting Association says London insurance market companies generated premiums of £49.2bn in 2025, which was 0.1% down on the previous year. The IUA collected data from 80 different firms and has published its findings in its London Company Market Statistics Report.

Poor signposting is leaving many non-standard customers having to start their search for cover from scratch if their initial application for cover is declined, according to a poll of brokers commissioned by managing general agent Prestige Underwriting and conducted by Context Skythorn.

Clear Group has moved from its previous London base at Great Tower Street and is now operational at its new headquarters which are located at 24 Monument Street in the City. The new premises accommodate all Clear’s London colleagues on a single floor within the building.

The Financial Conduct Authority has cancelled Professional Liability Network’s Part 4a permission to carry on regulated activities. The watchdog says the firm has not engaged in communications with it since mid-June 2025 and has failed to be “open and co-operative in all its dealings with the Authority.”