Broker
The Insurance Age Podcast: 6 March 2020
The Insurance Age team discuss the most popular news stories of the week.
FCA aligns focus to prevent sexual harassment in workplace
Regulator also says it wants to make diversity and inclusion the norm as it seeks to embed "purposeful culture" into companies.
Sam White's Freedom expands into home with insurtech deal
Freedom Services Group's purchase of Aventus-driven broker Homelyfe was revealed earlier this week.
Aviva confirms partial pull-back from personal lines broker market
General insurance CEO, Colm Holmes, says provider has exited some "unprofitable relationships" in personal lines, but highlights Aviva will "significantly invest" in the broker channel going forward.
Ethos Broking creates Midlands hub
The organisation has purchased Perry Appleton which is based in Rugby and controls £7m in GWP.
GRP-owned Sagars buys Preston broker
Anderson Ashcroft has been bought for an undisclosed sum.
Eldon signals fresh appeal after ICO fine tribunal throws out case
The broker, now called Somerset Bridge, is set to launch another appeal against the £60,000 data fine.
Biba confirms conference still on amid coronavirus concerns
Exclusive: Balloonist Bertrand Piccard and racing driver David Coulthard have been revealed as keynote speakers.
Admiral co-founder and CEO to step down
David Stevens will be replaced by Milena Mondini de Focatiis, currently head of UK and European Insurance.
Be Wiser stems losses in 2019 results
Broker posted a loss of £669,000 for 2019 as it projects a return to profitability in 2020 as a result of streamlining and reorganisation.
Biba takes action on FCA coronavirus warning
The trade body has pledged to support members as the regulator insists all firms must have contingency plans in place to deal with major issues such as Covid-19.
FSCS to pay out on four more insurance firms
The failed firms are JB Wilcock Insurance, Benson McGarvey Murdoch, Elite Insurance Company, and Quick-Sure Insurance.
Mactavish calls for radical reform of the UK insurance industry
Consultancy says the UK insurance sector is on an “unsustainable trajectory” as it warns of a decline in broking and underwriting skills.
Saffron buys Romford-based C&M Insurance
Deal is the broker's seventh since it was bought by Ethos Broking in 2018.
Head Lines: Living with and working with mental illness
Marmalade CEO Crispin Moger shares how overcoming mental health issues has helped him grow the business
MPs urge insurance sector to focus on financial inclusion
Insurance Cares: Aon and Aviva push to get social landlords to make use of their tenants contents insurance schemes in order to help vulnerable customers, as MPs outline challenges for the industry.
Opinion: James Sharp on the future of networks
Networks or not-works? The UK could take a lead from Australia when it comes to developing networks, writes James Sharp
Government urged to reconsider IPT ahead of Budget
The ABI and CII are calling for a cut to insurance premium tax, whereas Biba is requesting a freeze.
Go Compare owner sees profit slip
GoCo Group’s preliminary results suggested operating profit would drop more than 46% amid transformation plan.
GRP hub Greens makes first deal of 2020
Broker buys Hastings-based SME and personal lines specialist Manor Insurance Services as it reveals it has more deals in the pipeline.
CII launches Chartered title for MGAs
The ‘Chartered Insurance Underwriting Agent’ title is available to both individuals and businesses.
Headline makers - March 2020
The hottest stories on www.insuranceage.co.uk, the month in numbers and quotes from the biggest news stories of the month
Broking break: And finally
My mentor / Why I chose insurance / Pet of the month / On the spot / Charity corner
Sutton Winson snaps up health and protection broker
Broker says acquisition of Flexible Health will allow it to expand its private medical insurance offering to individuals.