Articles by Emmanuel Kenning
CMA renews investigation into aggregators
Further study into four areas follows previous research last year.
Biba raises unsuitable products concerns ahead of CMA investigation into aggregators
Trade body pleased with further investigation including into “most favoured nation” clauses.
AA posts first growth in motor policies since 2008
Results for 2016 show flat revenue and trading Ebitda for insurance services.
FCA warns of fake emails that appear to use its address
Regulator urges recipients to delete emails without opening them.
CFC bosses buy the business with new PE backer
Management team strike deal with support of private equity firm Vitruvian Partners.
Coversure opens in Bingley
New location takes the franchise’s network to 94 offices.
Profits treble at NFU Mutual in 2016
Insurer’s COR slips to 88.3%.
CII appoints Matthew Connell as director of policy and engagement
Connell previously worked at Zurich.
Northern Ireland broker launches drone insurance
Broker unveils new brand of Aviate Protect.
JLT launches “social engineering” fraud policy
Broker said move comes after demand for the cover from businesses.
Profits and policies up at esure in 2016
Combined operating ratio lifts slightly to 98.8%.
Aviva’s UK commercial lines COR hits 112.3% for 2016
Personal lines comes in at 104.6% as both lines impacted by Ogden rate change.
GI profits up at L&G for 2016
Provider posts COR of 89% - identical to 2015.
AIG prepares for Brexit with new Luxembourg insurance company
Insurer will have two European subsidiaries from 2019.
Integro UK bosses John Sutton and Toby Humphreys depart
Divisional chiefs Bob Pybus, Neil Clayton, Jason Collins and David Abraham will report to CEO Bill Goldstein.
Aston Scott buys Bell & Co in Derby
First takeover deal of 2017 for the broker.
MCE’s document reveals £10m dispute with HMRC
Tax issue flagged as being based upon an employee benefit trust.
Editor’s letter - March 2017
“For brokers… conversations with clients, who will see bills rising, are going to get even more complicated”
Video: Succession planning (5) – market dynamics
The opportunities for buyers in the regional market.
Video: Succession planning (4) – the range of funding options
The different sources of funding for MBOs or selling up and leaving the business come under the microscope.
Clear buys MPW Insurance Brokers
Biggest ever deal for Clear will see MPW’s staff and management stay with the firm.
Autonet expands into Manchester with new office
Broker recruits 80 people from Towergate’s former SBU unit.
Principal buys motorcycle book from Rampdale
Deal adds nearly 7,000 bikes to Principal’s portfolio.
Profits down at JLT in 2016
Group revenue grows by 9% to £1.26bn.