Articles by Ida Axling
Brokerbility posts mixed results for 2019
Firm reveals an increase in turnover but a drop in Ebitda for the year as it lists consolidation and Brexit as challenges affecting the business.
Bollington Wilson buys trade credit specialist
Deal follows its purchase of Ashgrove Insurance Services last month.
Ceta CEO reveals growth plans
John Bibby says the business now works with 400 GI brokers and is planning on expanding its product set.
Zurich UK reveals profit jump for 2019
UK CEO, Tulsi Naidu, says provider has seen growth in its broker business as it reports rise in GWP and an improved COR.
In Person: Amanda Blanc
Blanc chats to Insurance Age about her seven new roles, her thoughts on brokers and why she believes young people should choose a career in insurance
Coversure reports premium rise for 2019
Turnover remained flat at the franchise business.
Gallagher reshuffles UK specialty and Pen Underwriting leadership teams
Jonathan Turner moves from Pen to take on UK specialty CEO post as broker creates new head of business development role taken up by John Thompson.
CFC unveils solution for event organisers
MGA says package allows organisers to protect the financial investment of their event.
Gefion disputes claims from administrator after Staveley Head collapse
Danish provider says it "takes issue" with claims that it had prematurely ended its contract with Staveley Head, causing the broker to go into administration.
Consolidators behind half of broker deals in 2019
Exclusive: Research from Mazars shows 83% of brokers feel that the current levels of consolidation are sustainable.
Beazley profits jump as COR worsens to 100% in 2019
CEO Andrew Horton says provider is committed to regional brokers through its Birmingham office despite recently pulling out of UK regional marine.
Former Gefion and Qudos user Staveley Head goes into administration
Move follows solvency issues at the broker’s main insurer as administrator initiates fire sale and says majority of Staveley Head's 85 staff have been made redundant.
Van insurance premiums rising faster than the rate of inflation
Research by Consumer Intelligence shows the average van premium has risen by 37.4% since April 2014.
Applied targets 40% growth in the UK and Ireland
Senior VP of international operations, Jeff Purdy, says the software house's growth opportunity in the UK is "material" as Joe Sultana joins Andy Fairchild on its new European leadership team.
Marsh's network merger will give brokers more options, claims network boss
David Hopwood promises the business "won't ignore" members' reasons for joining a particular network.
Andy Fairchild joins Applied as European CEO
Software house says appointment of the former Broker Network boss is part of a plan to significantly grow its UK and Ireland operations.
News analysis: Insurer run-offs could leave brokers searching for capacity
As providers continue to pull out of unprofitable lines of business, a generation of brokers who have never known a hard market could struggle in a capacity crunch, industry experts have warned.
Profit soars at Aon in 2019
Broker also posts rise in revenue for the year as CEO Greg Case says business saw its strongest level of organic growth in over 15 years.
Gallagher revenues continue to rise in 2019
Profit for the broking segment grew by 25%.
The Blog Spot: To merge or not to merge?
Ida Axling predicts further changes on the networks scene after Marsh Commercial combines its three propositions.
ABI reiterates call for government to slash IPT
Trade body's data shows motor insurance premiums rose again in the last quarter of 2019 with increases in IPT and changes to the discount rate driving up prices.
Three become one as Marsh Commercial restructures networks business
Marsh ProBroker, Bluefin Network and Purple Partnership to become single networks proposition led by David Hopwood as Marsh Commercial seeks to align more closely with Marsh.
Hiscox commits to regions and moves 300 staff out of London
Insurer is set to open a new branch in an unidentified location, with staff also set to move to existing offices in York and Colchester. It confirmed no broker-facing roles are affected.
Saga looking at performance and cost efficiencies
Provider states 60% of new customers are choosing its three-year fixed price product as it publishes trading update for the last six months.