Swindle targets doubling Ardonagh UK commercial MGA in three years

Ardonagh’s UK Commercial MGA CEO Jaime Swindle is targeting doubling the size of the business in the next three years taking it into the region of £500m gross written premium. “We want to triple the Ebitda within that timeframe,” Swindle (pictured) told Insurance Age. According to Swindle, it is currently seeing “really good, sustainable” growth. … Read more

UK commercial hardening drops to 1%

Insurance pricing in the UK commercial market rose by only 1% in the second quarter of 2023, according to Marsh, its lowest rate since Q4 2018. The index peaked at 44% price hardening in Q4 2020. The latest result follows on from a 3% uptick in the first three months of the year and came … Read more