Spanish insurance broker Grupo Diagonal has bought Lloyd's broker Lovat International, as part of its plan to develop within the UK market.

The financial details of the deal have not been disclosed.

The new management team consists of chairman Arturo Reneses, managing director Javier de Mijangos, compliance director Peter Reay, finance director Patrick Webb and Albert Goldfinch.

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.

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