Articles by Siân Barton
InsurTech Futures: Ageas launches ‘Tinder style’ app
The Back Me Up app targets millennials and enables them to insure three items, such as a phone, for £15 per month.
Novae COR deteriorates to 96.1%
As GWP increases to £513.1m for the first half of 2016.
Emerald Life launches travel cover for LGBT community
Product launch follows the news that only 33% of LGBT people who regularly holiday abroad have a travel policy.
GWP grows for Direct Line
The insurer reports strong growth in motor but says operating profits are down following lower investment income.
Profits up to £7.3m at ERS
Syndicate says results reflect continued discipline in underwriting and volume growth.
Bluefin launches two agriculture products
Farm combined and farm motor have been added to the MGA’s portfolio.
Biba calls for UK to remain in single market
Trade association has written to government to outline concerns following the Brexit vote.
Brit COR deteriorates to 96.5%
But profit before tax and operating profits both grow as the insurer described results as “sound in a challenging environment”.
Liquidator warns Enterprise may not be able to pay claims
Calls on policyholders to seek new cover as he is uncertain the business has enough assets to pay claims.
Enterprise Holdings seeking to build Andeva MGA
Parent company of Enterprise Insurance outlines aims to secure more capacity for Andeva Underwriting.
County Group opens Worthing branch
Broker also relocates HQ in Crewe to larger premises to accommodate further expansion.
Adrian Brown: Towergate Underwriting to focus on specialising
Brown says no deals on current agenda but does not rule out acquisitions down the line. Business also seeking to develop London specialty and private client market.
Carole Nash grows turnover to £26.2m
Motor broker sees 77% increase in pre tax profit according to results for 2015.
Profits fall 46% for JLT
However revenue grows to £619.4m and profit drop is blamed on investment and exceptional costs.
Hiscox to focus on cyber and e-trade
Group chief underwriting officer Richard Watson says that insurer hopes to continue to grow alongside broker partners as it develops cyber and SME offering.
Hiscox UK grows GWP to £244.4m
As Hiscox UK and Europe drives down COR to 79.9% for H1 2016 from 86.8% in 2015.
Insurance Octopus bought by Verastar
Commercial broker has been acquired for an undisclosed sum by the service provider.
Brokers say FCA's AR attack “fair”
Experts say that brokers taking on appointed representatives need to be aware of the "huge responsibility".
FCA slams oversight of appointed representatives
Regulator finds “significant shortcomings” and orders two companies to stop sales activity.
Broking Break: Your top five on a Friday
What were the most popular stories this week?
InsurTech Futures: Fintech growth could create “insurance underclass”
CII report warns that use of fintech and big data could lead to some people being uninsurable.
“Collateral lies” acceptable in claims rules court
Supreme Court decides that “collateral lies” should not invalidate a claim.
No “bonfire of regulation” post Brexit, says FCA chief
Andrew Bailey said he does not foresee a “great bonfire of regulation” as watchdog sets up department to deal with EU exit.
Chubb launches biogas and solar package
Proposition available in the UK and Ireland as the insurer expands “cleantech” offering.