Clear Group has acquired Pangea Insurance Brokers and Pangea Life, which support clients across personal and commercial insurance, employee benefits and business protection. Micheal Piper and Stephen Goulter own and lead Pangea, which generates annual incomes exceeding £3m.

Seventeen Group has acquired Shrewsbury-based commercial broker 1st Choice Insurance, which has a team of 39 staff and gross written premium of £13m. Seventeen said the deal would boost its presence in the Midlands and enhance its motor fleet proposition.

Covéa Insurance plc returned a profit after tax of £72.4m in 2025, up from the £32.9m achieved the previous year. Its combined operating ratio was 91.6%, an improvement of 6.2 percentage points on the 97.8% achieved in 2024. The carrier generated gross written premium of £616.8m, down 3.9% on the £641.5m secured in 2024.

Ardonagh-owned managing general agent Geo Underwriting has agreed a capacity deal with Intact Insurance that will see the carrier support its marine trade offering from 1st May. Geo acquired pleasure craft specialist Navigators and General in 2024 and said it would continue to operate under its own brand.

Insurer Peach will provide a multi-million-pound capacity facility to First Senior Insurance to support its portfolio of mobility insurance and extended warranty products, which it distributes through a nationwide network of appointed representatives.

Digital insurance provider Flock has launched a new haulage fleet product in partnership with Admiral. Earlier this year, Admiral announced its intention to acquire Flock in a deal that is subject to regulatory approval. The product complements Flock’s existing proposition that supports courier, trades, taxi and rental commercial fleets.

Insurer Canopius has opened a new office in Manchester which it says will serve as the home of its global operational functions. Located at 100 Barbirolli Square, the office will be the firm’s second largest location after London.

Data from Defaqto showed that average home insurance premiums fell by 0.7% during Q1 of this year and are down by 1.5% over the last two quarters. On an annualised basis, Defaqto said home insurance premiums were 9.9% lower than they were in March 2025.

Axa Insurance UK’s commercial division has struck up a renewable energy partnership with Lime Underwriting. Under the deal, Axa Insurance UK has given delegated authority to Lime Underwriting to support its provision of decommissioning products for the UK’s renewable energy sector.

Insurtech platform Bertie is expanding its focus from the managing general agent market to the broker market. The platform supports the insurance process from risk submission to underwriting, document production and bordereaux management.

Premium finance provider Premium Credit has teamed up with employee competence specialist Elephants Don’t Forget to enhance team performance and boost the level of service offered to customers. Under the deal, Premium Credit will use Clever Nelly, which is Elephants Don’t Forget’s AI-powered assessment platform.

Digital insurance provider Ripe has joined the Managing General Agents’ Association. Ripe has a portfolio of more than 20 products and serves 430,000 customers across consumer and SME markets. It has a turnover of more than £20m. It launched in 1998 with a golf insurance product.

Catastrophe insurance data provider Perils has updated its loss estimate for Storm Goretti to £417m. This is up by £10m on the initial figure given in the weeks after the January windstorm hit southwestern England. The estimate covers motor and property insurance losses.

Andy Burnham, Mayor of Greater Manchester, will be a keynote speaker at the British Insurance Brokers’ Association conference and is scheduled to address delegates on 13th May. He is currently serving his third term as mayor, having secured re-election in 2024.

Premium finance provider PremFina has announced a £100m expansion to its existing funding partnership with Waterfall Asset Management. PremFina said the new agreement would strengthen its balance sheet and support its growth strategy. It builds on a £350m private securitisation facility from HSBC and Waterfall Asset Management that the firm announced in June 2025.

Managing general agent Dual has expanded its ability to write larger cyber and technology risks after securing backing from a consortium of A-rated capacity partners led by Liberty. Dual said the deal allowed it to better support mid-market businesses.