Real estate managing general agent Ventis has launched its SME real estate product on Bravo Digital Trader, which is the digital trading platform for Bravo Networks. The product is also available on Acturis and via open market underwriting.
Admiral Group has completed its acquisition of fleet insurance specialist Flock, which was first announced in February of this year. Admiral Pioneer, the insurer’s venture building division, first partnered with Flock in 2024. Flock basis its underwriting on telemetry data. It aims to reduce fleet risks by providing safety improvement suggestions and incentivising policyholders with premium rebates.
Defaqto has launched its Defaqto Market Pricing branding following its acquisition of Pearson Ham Group’s market pricing business at the beginning of the year. The visual branding was first aired at the British Insurance Brokers’ Association conference in March.
Last year, there were 172 fires involving electronic cigarettes. This was up from 132 in 2024 and is almost six times the 31 fires recorded in 2021. The numbers come from a freedom of information request made by insurer Zurich which secured responses from 38 fire brigades across the UK.
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.
E-cigarette fires on the rise despite ban - Zurich
Zurich offers modular SME cover via Acturis
Motorcade reveals new brand identity
BPL launches reinsurance division
Veygo partnership creates packaged journey for learner drivers
CII investigates role of insurance to safeguard young drivers
Convex receives green light for syndicate 1987
Axa UK to offer free climate change support for SMEs
No FSCS levy for brokers this year
VIPR partners WCL on new delegated underwriting proposition
Defaqto launches new branding for pricing division
Admiral Group finalises Flock acquisition
Ventis teams up with Bravo Networks on distribution
Agria Pet Insurance partners Elephants Don’t Forget
Amiga yacht division secures Lloyd’s capacity
Targa Telematics puts focus on vehicle delivery process