Analysis
Top 75 MGAs: Nexus Underwriting
Nexus Underwriting is celebrating 15 years in operation and has managed to make this year's Insurance Post Top 75 MGAs list.
Top 75 MGAs: Many Group
Many Group, now based in the US, UK, and Sweden, have helped half a million pets stay happy and healthy since 2017 earning it a place in the Top 75 MGAs 2023 list.
Top 75 MGAs: EGV Holdings
EGV Holdings is continually developing a stable of MGAs, earning the business a place in this year’s Top 75 MGAs list.
Top 75 MGAs: ICW Insurance Services
With offices in London, Belfast and South Shields, ICW’s links with mortgage lenders have made it one of the UK’s prominent providers of building warranties and building control.
Top 75 MGAs: Prestige Underwriting
Prestige Underwriting celebrated its 25th year in 2022 and 20% above plan growth helped the business achieve a place in this year’s Top 75 MGAs list.
Top 75 MGAs: Countrywide Legal Indemnities
Countrywide Legal Indemnities has been providing legal indemnity products for title defects affecting UK property for almost three decades.
Top 75 MGAs: Brown & Brown
Brown & Brown's main MGA-MGU activities dealing in UK-based non-life risks in 2022 earning the business a place on the Top 75 MGAs list were Camberford Underwriting, Decus, Mithras Underwriting and Plum Underwriting.
Top 75 MGAs: AutoProtect
AutoProtect (MBI) Limited’s CEO Graeme Nieman says the MGAs biggest achievement is "emergence from the pandemic as a stronger business than when we first entered it”.
Top 75 MGAs 2023: Markerstudy
Markerstudy was named one of the country’s two biggest MGAs after achieving revenues of between £80m and £100m for UK-based non-life risks in 2022.
Insurers’ profitability to remain lower than cost of capital
Data analysis: General insurers are adjusting rapidly to the new higher interest rate era ushered in by the most intense monetary policy tightening since the 1980s but profitability is unlikely to soar back to pre-pandemic levels imminently.
Fair settlements should be ‘simply expected’ following FCA warning shot
Following a call to insurers from the Financial Conduct Authority to ensure fair value, industry commentators have said that fair value is “simply expected”.
Steps insurers should take to become inclusive innovators
Analysis: Emma Ann Hughes explores what it will take to create an inclusive insurance industry culture that is capable of producing products and services suitable for a wider cross section of society.
Steps industry needs to take to retain Generation Z
Data analysis: Insurers need to ditch the marketing spiel and demonstrate what they are doing about artificial intelligence, climate change, and inclusion, if they want to appeal to Generation Z.
Who’ll buy RSA’s home and pet books if sale is green-lit?
Content Director’s View: With RSA and parent Intact floating the idea of a possible sale of its remaining personal lines business, Jonathan Swift looks at who could be in the market for a new pet and/or household book.
Young adults want Alexa to sort out their insurance
Data analysis: Young adults are markedly more likely to want their Alexa to share information so they can have personalised home (70%), pet (68%) and car insurance (67%) than older adults (50%, 43% and 48% respectively), a survey has shown.
Travel insurance predicted to lead growth in personal lines
Data from Smart Money People has revealed that travel insurance is set to grow by 15% over the next year, the highest growth projection of the top ten insurance policies.
#28 AIG Europe
Luxembourg-domiciled AIG Europe appears on this year’s Insurance Post Top 30 European Insurers List for the first time after reporting 12.5% average premium growth for the year.
#29 ASR
Netherlands-domiciled ASR is in 29th place in this year’s Insurance Post Top 30 European Insurers 2023 List after reporting 3.7% average premium growth for the year.
#30 Provinzial
Germany-domiciled Provinzial slips from 28th place in last year’s list to 30th in this year’s Insurance Post Top 30 European Insurers 2023 List after reporting 4.6% average premium growth for the year.
#27 Crédit Mutuel
France-domiciled Crédit Mutuel is in 27th place in this year’s Insurance Post Top 30 European Insurers 2023 List after reporting 10.9% average premium growth for the year.
#26 Catalana Occidente
Spain-domiciled Catalana Occidente is in 26th place in this year’s Insurance Post Top 30 European Insurers 2023 List after reporting 10.9% average premium growth for the year.
#25 Ageas
Belgium-domiciled Ageas is in 24th place in this year’s Insurance Post Top 30 European Insurers 2023 List after reporting 1.1% average premium growth for the year.
#24 RSA
UK-domiciled RSA climbed one place to 24th position in this year’s Insurance Post Top 30 European Insurers 2023 despite reporting -7.7% average premium growth for the year.