Ageas has selected RAC Legal Services to provide legal expenses insurance to motor, van and home insurance customers across both its Ageas and Rias brands. RAC already is already Ageas’ breakdown assistance partner.

American International Group has acquired a 35% equity stake in Convex Group Limited. The investment is part of a new ownership structure in which Onex Corporation holds a 63% stake. Stephen Catlin and Paul Brand founded Convex in 2019 and apart from its management, the group’s founding equity partners, which include Onex’s Partners V private equity fund, will sell their stakes as part of the deal.

Starr has signed an agreement to acquire IQUW Group, which comprises two Lloyd’s syndicates: IQUW, a specialty re/insurer and ERS, the biggest motor insurer in Lloyd’s. Following the completion of the transaction, which is expected in the first half of 2026 and is subject to regulatory approvals, Peter Bilsby, chief executive officer of IQUW Group, will lead Starr’s international business.

Managing general agent incubator Mission has announced that it will support the launch of Lumara Insurance before the end of the year. Lumara will be a UK commercial combined MGA that will specialise in business insurance and motor trade combined products for UK brokers.

Fortegra Insurance UK has been admitted to the National Association of Insurance Commissioners’ Quarterly Listing of Alien Insurers. The accreditation enables its UK agents and brokers to use its UK-domiciled capacity to address risks that require a US surplus lines solution.

Research from Allianz has found that the UK tops the European table of concerned drivers in relation to the safety of automated vehicles. It has also highlighted that details around data sharing from such vehicles still need to be clarified. The Automated Vehicles Act, which came into force in 2024, means automated vehicles could be on UK roads from next year.

Axa UK has renewed its capacity deal with Avantia Group and has signed a multi-year extension to provide capacity for Avantia’s non-standard home insurance brand Homeprotect. Axa first partnered with Avantia in 2012.

Figures from the government’s Compensation Recovery Unit show that there were 71,849 personal injury claims registered as a result of road-traffic accidents in the third quarter of this year. This was down from 72,534 in Q2 and 74,211 in Q1.

The insurance division of Arch Capital Group Ltd achieved gross written premium of approximately £1.9bn in the three months ended 30th September 2025. This was up by 9.7% on the same period last year. Its combined ratio of 93.4% has nudged up from 93.1%. The reinsurance division achieved gross written premium of approximately £1.9bn, down by 9% on Q3 last year. Its combined ratio improved to 76.1% from 92.3%.

Professional services consultancy Barnett Waddinghham, which was acquired by Howden earlier this year, has relocated its West George Street Glasgow office to the Cadworks building in the city. Cadworks is Glasgow’s first net zero office building and Barnett Waddingham said the move demonstrated its commitment to Glasgow and to delivering growth in Scotland.

Nikhil Rathi (pictured), chief executive officer of the Financial Conduct Authority, has said UK businesses are running the risk of being “massively” underinsured in relation to the cyber exposures they face. Speaking at the Corporation of the City of London’s annual City Dinner he said it was imperative that financial services and insurance were an integral part of the UK’s national security.

Financial consultancy Broadstone says a jump in care worker pay will hit the costs attached to the Periodic Payment Order obligations of UK motor re/insurers. PPOs are court-ordered settlements that insurers have to pay to claimants who have suffered catastrophic injuries.

The deadline for entries for the 2026 National Insurance Awards has been extended to 5th November 2025. Celebrating excellence in the field, the National Insurance Awards highlight the very best in general insurance provision and management in the UK.

Casper Specialty UK Limited, which focuses on the casualty market has launched Tundra Specialty, which will underwrite risks in the renewable energy sector. Casper said the move would help it to broaden its underwriting footprint and that Tundra would begin writing business before the end of the year.

Private equity firms GTCR and Synova LLP have confirmed they have closed the acquisition of UK insurance broker JMG Group, which was initially announced earlier this year. JMG Group came into being in 2020 following a management buyout of JM Glendinning, which was led by group CEO Nick Houghton with backing from Synova.

Geo Underwriting and Navigators & General have expanded access to N&G’s boat club product to all UK brokers trading with the two firms. The move comes a year after Ardonagh-owned managing general agent Geo acquired N&G from Zurich. In the past year, Geo has also increased N&G’s risk appetite to include cargo vessels and commercial fishing boats.