Amiga Specialty has secured £25m of Lloyd’s capacity with global licensing for its new yacht division. The managing general agent says its focus will be on markets in the US, Southeast Asia and Europe as it seeks to develop its marine proposition.

Agria Pet Insurance has struck a deal with employee competence specialist Elephants Don’t Forget to use Clever Nelly, its AI-powered continual assessment solution, to support frontline teams. Agria Pet Insurance employees will engage with the platform on a daily basis to reinforce and improve their knowledge.

Specialty re/insurer Convex Group has received in principle approval to launch Lloyd’s syndicate 1987. The carrier aims to begin underwriting on 1st July, subject to securing the requisite regulatory approvals. Syndicate 1987 will focus on long-tail specialty lines and aims to build its portfolio across the casualty re/insurance and political risk and trade credit sectors.

The Chartered Insurance Institute has launched a consultation to investigate how insurers can improve road safety for young drivers. The professional body said the consultation was in response to a report from the Coroner’s Office of Coventry and Warwickshire, which called on the CII to investigate the issue after the deaths of two people in a road traffic collision caused by a 17-year-old who was later convicted of careless driving.

Delegated underwriting technology specialist VIPR Solutions has teamed up with insurance workflow business WCL to create a digital workflow for non-bureau delegated underwriting. The firms say it does away with the need for manual intervention between broker submission and downstream bordereaux processing.

Sutton Specialist Risks, which is part of Acrisure UK, has developed a new contractors commercial combined product. The launch follows the creation of its property and casualty division last year.

Short-term insurance specialist Tempcover has become a member of the Insurance Fraud Bureau. The move means Tempcover will provide data to the IFB in relation to policies taken out by its customers while also having access to centralised counter-fraud tools.

Targa Telematics has launched its vehicle delivery monitoring solution to assist vehicle leasing companies to monitor and better manage every stage of the delivery process from OEM production and transport to preparation at the delivery centre. It says this will enable firms to better understand and manage the process and to mitigate potential exposures.

Zurich UK has responded to broker feedback and enhanced its SME e-trade commercial combined proposition on Acturis to enable brokers to select up to 15 different covers under one policy. Zurich says this modular approach to building policies creates more flexibility for brokers and allows them to better match their client’s risk to the policy purchased.

Motor insurance provider Motorcade, which is part of the Acorn Group, has gone live with its new brand identity. Motorcade’s digital first proposition specialises in providing cover for non-standard risks and also offers a non-finance monthly payment product. Motorcade became part of the Acorn Group in 2001. The Acorn Group dates back to 1982.

London-headquartered independent broker BPL, which focuses on credit and political risk, has launched BPL Re. The reinsurance division will support carriers across credit, political risk and surety specialties. It will operate as a standalone business division within the BPL Group.

Young driver insurance provider Veygo has teamed up with RED Driver Training to offer driving lessons, digital learning and insurance as part of a package for learner drivers. Later this year, Veygo’s quote journey will be embedded into RED’s digital proposition. Veygo is an Admiral Pioneer brand.

South Wales Insurance Brokers, which is an appointed representative of Momentum Broker Solutions network, has bought into Swansea-based Fisher Insure Services, which is owned by Carl Fisher.

The House of Lords has begun investigating the home and travel insurance markets to find out if current regulation is working well and being properly enforced. The inquiry has issued a call for evidence with a deadline for written submissions of 26th June 2026.

Data from Consumer Intelligence’s car insurance index shows that average quoted car insurance premiums in Q1 2026 are up by 4.5% on the previous quarter. This is the first quarterly rise since Q1 2024. On an annual basis, average quoted premiums are 2.4% higher. In addition, Consumer Intelligence says the number of price cut straplines on price comparison websites have fallen sharply.

Allianz UK has joined Simply Business’s SME panel. The carrier will offer public and product liability, employers’ liability and tools cover for customers across industries including construction, beauty and consultancy. Allianz UK will offer additional covers and sectors in the coming months.