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Derek Coles: UGL Insurance’s chief executive talks ‘recalibrating’ after completing ‘three years in one’
Commercial lines rates fall by 11.7% as market softening reasserts itself
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Schemes
IT Interview
Derek Coles: UGL Insurance’s chief executive talks ‘recalibrating’ after completing ‘three years in one’
’We’re like a chameleon, or a leopard that can change its spots – we can be different things to different markets and that’s what gives our business flexibility,’ chief executive tells Insurance Times
News
Ecclesiastical hires Admiral chief executive as new director of schemes and partnerships
’There is real opportunity to grow our commercial lines business across schemes, MGAs and partnerships and I look forward to working with colleagues and broker partners to deliver the next phase of sustainable, long-term growth,’ says appointee
News Analysis
Top earning schemes deliver brokers reliable commission growth
The largest schemes have delivered brokers reliable growth in commission over the past two years, though volatility and slumps – such as in previous fast-climber cyber liability – have been seen in other lines
News
Digital distributor partners with Peach to launch scheme that covers creatives
‘We identified a gap in the creatives sector for the right protection available online at the right price,’ says commercial director
News
Hiscox plans raft of new product launches for 2025’s H2
The insurer is currently crafting numerous products to launch by year-end, as well as maintaining its hunt for suitable broker scheme opportunities, says chief underwriting officer
News
High five: Catch up on the biggest exclusive stories this week
Insurance Times rounds up the biggest exclusive stories from 30 June to 4 July 2025
News Analysis
Scheme brokers see double digit year-on-year commission growth – but momentum slows
Commission growth may be up year-on-year for major scheme classes, but this momentum has slowed and even reversed for some lines
News
High Five: Catch up on the biggest exclusive stories this week
Insurance Times rounds up the biggest exclusive stories from 19 to 23 May 2025
IT Interview
Biba 2025: Tokio Marine HCC strives to secure three facilities with brokers in 2025
The insurer’s international head of distribution believes the business needs ‘to whisper a little bit louder’ than it has done in the past to attract greater brand recognition and better promote broker partnership opportunities
News
Biba 2025: Hiscox UK seeking to improve ‘response times and service delivery’ for brokers
The insurer is also striving to be ‘really clear’ on its appetite in line with sector focused distribution strategy
News
Partnership launches major new drone and Evtol insurance facility
‘We’re also excited because the facility provides the opportunity to support the rapidly expanding field of drone passenger services, or Evtol ’, says founder and managing director
News Analysis
The rise of the product led broker
Brokers are no longer just insurance distributors – they’re becoming product architects, reshaping policies to meet the real-world needs of clients. But what’s driving this shift and what does it mean for the future of broking?
News Analysis
Broker schemes data shows overarching commission growth stutter
‘The latest set of data presents a mixed bag,’ says SchemeServe chief executive
News
Broker to expand therapy scheme with Peach partnership
’It’s very important that our policyholders have access to the protection they need to safely deliver their full range of treatments,’ says commercial broker
News
Founder of personal lines broker joins new broking group as head of schemes
’The market is evolving rapidly and I look forward to building on the strong foundations already in place to deliver real value for our customers and stakeholders,’ says appointee
News
Aviva seeks to ‘improve connectivity’ with scheme broker partners in 2025
As the insurer looks to grow existing schemes via ‘transparent’ conversations with brokers, it also hunts for ‘nicheness’ in new opportunities – both inside and outside of underwriting
Sponsored Content
Making scheme implementation successful – Travelers
Sponsored content: David Bailey, schemes development manager at Travelers Europe, explains the framework Travelers uses to set insurance schemes on track for success
News Analysis
In Focus: Why are schemes brokers such attractive acquisition targets?
’A lot of schemes brokers have the ability to organically grow, probably beyond where normal market growth rates are,’ says managing director for schemes and affinities
News Analysis
In Focus: What role do broker schemes play in supporting affinity and membership groups?
Membership groups often have very specific insurance needs that brokers seek to address through scheme propositions – but how is this approach beneficial for brokers?
News
Axa UK promotes for new director of schemes and delegated authorities
’The team and business are in great shape,’ says appointee
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at The Echo Building, 18 Albert Road, Bournemouth,
England, BH1 1BZ - a Gannett company
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