Iprism broadens capacity deal with Zurich

Managing general agent Iprism has signed a multi-year deal with Zurich bringing in capacity for its property owners and commercial combined products. The deal extends the MGA’s existing arrangement with the provider which already encompasses capacity for trades and professions and retail package products. According to the construction, property and high net worth MGA the … Read more

Aviva pledges more than £4m to Citizens Advice

Aviva has renewed its multi-year partnership with Citizens Advice, pledging more than £4m to the charity, following its two-year investment in 2022. Over the next three years Aviva’s funding will support the charity to develop a dedicated customer referral service for Aviva’s UK customers in need of additional advice, which will be provided on a … Read more

Das UK brand exits market in Arag integration

Legal expenses insurance provider Arag has completed the integration of the Das UK brand a year on from the deal going through. Arag acknowledged the disappearance of the Das brand from the UK market after 50 years marked the end of an era. The acquisition of Das UK was struck in July 2023 creating a … Read more

FCA insurance related fines total £1.1m in 2024

The Financial Conduct Authority handed out £1.11m in fines to two general insurance broking individuals in 2024, as firms achieved the second year in a row of zero fines. In November the watchdog served Leigh Mackey, formerly sole director of closed broker Inspire Insurance Services, a £1,102,879 penalty and ban after he used insurer funds … Read more