WTW to acquire Newfront & more…Keep up with what has been happening this week in our latest insurance news round-up…
Gallagher UK CEO Michael Rea appointed BIBA deputy chair
Michael Rea succeeds Jane Keilty as the association sharpens focus on brokers’ challenges.
Aon Client Treaty renewed and expanded for 2026 with 28.5% line size maintained
Global re/insurance broking group Aon has announced the renewal of its fast-follow automatic insurance facility, Aon Client Treaty (ACT), for 2026, which has been expanded, and like the 2025 renewal, provides clients with 28.5% of pre-secured, Lloyd’s co-insurance capacity.
WTW to acquire Newfront, a specialised broker combining deep expertise and cutting-edge technology
WTW announced it has signed a definitive agreement to acquire Newfront, a San Francisco-based, top-40 U.S. broker combining deep specialty expertise and cutting-edge technology.
UK motor insurance market stabilises, LexisNexis finds
A period of relative stability emerged in the UK motor insurance market in H1 2025, even as insurers remained under pressure to differentiate through pricing, service, and renewal strategies, according to a new LexisNexis analysis.
Standard Life completes £525m full buy-in for Skanska Pension Fund, advised by LCP
The Trustee of the Skanska Pension Fund, working closely with its corporate sponsor Skanska UK plc and parent company Skanska AB, has purchased a £525m full buy-in covering all of its c.5,500 members, with Standard Life.
