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News
Accidental cause finding clears path for major Tasmanian power station fire claim
2+ day, 21+ hour ago (313+ words) The Tasmania Fire Service has determined that the fire which gutted the Tungatinah Power Station in Tasmania's Central Highlands last week was accidental. The finding removes the most significant obstacle to what is shaping up as one of the largest…...
The insurance policy quietly sitting behind one of the UK's biggest growth stories
3+ day, 22+ hour ago (523+ words) Ask most people to name a type of business insurance and they'll reach for property, liability or cyber. Trade credit cover, the policy that protects against customers failing to pay, rarely attracts the same attention. Yet the Association of British…...
ABI backs Chancellor's 25% regulation cut pledge
5+ day, 3+ hour ago (242+ words) Chancellor John Healey delivered his first major speech since taking over the Treasury in July, using an address at the Manufacturing Technology Centre in Coventry to set out a growth agenda ahead of the October Budget. He pledged to "draw…...
UK subsidence claims hit record as hottest summer leaves lasting damage
5+ day, 22+ hour ago (384+ words) Subsidence claims in August hit their highest monthly level on record at Hastings Direct, the Guardian reported. Volumes were almost 140% higher than in the same month last year. The surge follows five heatwaves layered on the warmest spring ever recorded…...
Cut national insurance contributions for under-25s to get...
1+ week, 12+ hour ago (524+ words) Saturday 5 September 2026 The British Chambers of Commerce is calling on the government to cut employer national insurance contributions for all under-25s in the budget next month – a measure it says will help tackle youth employment and generate higher growth. In…...
Tower targets £100m GWP after first acquisition, more deals to come
1+ week, 3+ day ago (265+ words) intelligentinsurer.com - Tower targets £100m GWP after first acquisition, more deals to come Tower Insurance Brokers has launched a buy-and-build strategy targeting £75 million to £100 million in gross written premium (GWP) after completing its first acquisition, with further UK opportunities under consideration....
Tax hikes coming, say new reports - what it means for insurance professionals
1+ week, 3+ day ago (872+ words) Andy Burnham used his first Prime Minister's Questions on Tuesday to refuse, twice, to rule out raising taxes or borrowing more at next month's Budget. It came on the same day UK government borrowing costs hit their highest level since…...
German train station shut after blast, day after Berlin accuses Russia over airport drone attack
1+ week, 4+ day ago (346+ words) A train station in the southern German city of Augsburg was completely shut down on Wednesday morning after an explosion and the discovery of a second suspicious object, in an incident that follows Germany's formal accusation a day earlier that…...
“If you’re not taking care of your client, someone else will”
2+ week, 4+ day ago (627+ words) Insurance brokers facing softer pricing may need to work harder for organic growth as premium-driven revenue slows and competitors become more aggressive in targeting existing accounts. Felix Morgan (pictured), CEO of Trucordia, identified the soft market as one of the…...
Specialist capacity restored for UK thatched and leisure property risks
2+ week, 4+ day ago (321+ words) Brokers placing thatched homes, static caravans, park homes, and beach huts have faced a shrinking pool of willing underwriters for several years. A new three-year capacity deal announced this week gives specialist managing general agent (MGA) Pen Underwriting the backing…...