Broker
Aston Lark Ireland buys specialist motorcycle broker
Deal for Principal Insurance Ireland is the consolidator's fifth in Ireland this year.
Ghost broker sentenced for selling fraudulent Esure policies
The fraudster had previously pleaded guilty in June this year to fraud by false representation, money laundering, forgery and to the offence of being an unauthorised broker.
Video: What the papers say, episode 3
Insurance Age and Applied Systems discuss some of the hottest topics in the broking world at the moment.
GRP buys WTW's Northern Ireland business
The portfolio will be integrated into GRP-owned ABL Group, doubling the Belfast-based broker's GWP to £107m.
Firms must respond to FCA pricing reform survey by 9 August
The watchdog, which announced new rules earlier this year, is canvassing brokers about their readiness to implement the remedies.
News analysis: Travel brokers and the challenges of Covid-19
As travel slowly starts to pick up again, Rachel Gordon investigates how specialist travel brokers have coped during the past 16 months of turmoil for this exclusive report.
Qlaims moves into personal lines
The MGA said the claims product could be offered as ancillary cover by personal lines brokers or embedded into a home policy wording.
Beazley report urges insurance industry to drop "one-size-fits-all approach"
The study shows it is time for a service rethink when it comes to the insurance relationship as 44% of respondents do not believe insurers understand their business.
Blog: Take flight with drones
Iprosurv's Rebecca Jones explains why drones can be a key tool in a broker's risk management and claims armoury.
FCA fines totalled £189.8m in 2020/21
The total amount fell by 15% from £224.4m in 2019/20 as the regulator also outlines its response to the pandemic and other actions taken last year in its annual report for 2020/21.
Supreme Court issues BI declarations
The Financial Conduct Authority published the document on its website alongside a table to show relevant declarations by policy type.
Verlingue UK reports growth in 2020 financial results
The broker also revealed a plan to triple its international turnover and to grow its position as a large independent European broker.
FCA Business Plan a "significant change of tone"
Industry experts say firms need to focus on fair value after the regulator reveals plans to be tough and forward-looking.
Biba forms Insurance Technology & Innovation Committee
It has been developed to protect the interests of Biba members and panellists include software houses.
Somerset Bridge Group posts £42.4m loss
The business, which claimed £614,000 furlough cash in 2020, was snapped up by Arch Re earlier this year.
Brokers commit to flexible working model as Covid restrictions lift
Insurance Age talked to brokers to find out what their plans for returning to the office are and what long term impacts they believe the pandemic will have on working environments.
Broker NDML and night time industry agree £5.2m BI claims settlement with Hiscox
The settlement follows on from the Supreme Court judgment in the FCA's BI test case in January.
FCA pledges to be tough and take action as it publishes 2021/22 Business Plan
Watchdog to focus on innovation and tackling misconduct as it aims to to become a "forward-looking, proactive regulator".
DCJ Insurance acquires Real Insurance
It is the broker's second deal since it was bought by GRP in 2018.
Aioi Nissay Dowa Europe partners with ibott for shared mobility products
The collaboration is said to focus on insurance solutions for non-owned fleets in areas such as peer-to-peer vehicle sharing, on demand delivery, ridesharing, vehicle leasing, micromobility, and autonomous vehicles.
The Blog Spot: The pay as you go bonanza
Are motor brokers going to listen to their customers?
Hedron adds Zurich to panel
The move follows Markel joining the panel of the Global Risk Partners network last month.
People Moves: 12-16 July 2021
Stay up-to-date with the latest job changes in the world of insurance.
Brokers predict rise in consolidation among niche players
Research from Ecclesiastical reveals the biggest threats specialist brokers are facing as well as why they believe being niche gives them a competitive advantage over other brokers.