Legal

Top 75 MGAs: Gallagher

The performance of Gallagher’s Pen Underwriting business, which includes Manchester Underwriting Management and RMP, plus Vasek Insurance earned the group a place on Insurance Post's Top 75 MGAs 2023 list.

#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.

Insurance M&A activity continues to slow down

Lack of demand for insurtech businesses plus concerns about a target company’s data security resulted in less merger and acquisition activity in the UK in the first half of 2023, according to Clyde & Co.

Creditors set to lose out amid Plexus collapse

Documents show Plexus Group, which has entered administration, owes creditors about £21.5m, and that some are unlikely to receive the full payout, with most unlikely to receive anything at all.

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