News
Granite set to expand product offering
Broker is creating 300 new roles as it targets a GWP of £300m by the end of the year.
AA’s insurance business sees revenue rise
Insurance business shows growth in number of policies in motor and home as broker division adds Aviva to panel.
Sexism at Lloyd’s: “Some way to go” to equality
Experts welcome the culture survey and suggest change is “badly” needed to tackle “deep-rooted cultures and complexities”.
HNW Forum 2019: Changing relationships a challenge for brokers
Wentworth Hall Family Office chairman, Ian Morley, outlines the opportunities and challenges for brokers insuring family offices.
Survey reveals some Lloyd’s staff “turn a blind eye” to sexism in the market
The culture survey found less than half of Lloyd’s workers would feel comfortable raising concerns to bosses about inappropriate behaviour or sexual harassment despite 8% of staff witnessing it.
Ascent Underwriting and Cove Programs rebrand as Optio
Owner Preservation Capital Partners combined the two MGAs after buying US firm Cove earlier this year.
Dive In 2019: Gender equality top priority in insurance
Research from Dive In also reveals that mental health is a key issue in the UK.
Profit and turnover up at JCB Insurance Services
Stoke-on-Trent-based broker posts £4.5m turnover for 2018.
FSCS pays out to Lamp home customers
Unrated Gibraltarian insurer went into liquidation in May.
People Moves Round-up: 16-20 September 2019
Keep track of the past week’s market moves.
The Insurance Age Podcast: 20 September 2019
The Insurance Age team unpick the most recent and most popular stories.
Freedom partners with ThingCo to launch Pukka Tech
InsurTech Futures: Initial aim is to improve Freedom's services but the firms hope Pukka Tech’s technology will eventually be made available to other brokers and providers.
Markel not going into broking following Caunce O'Hara deal
Divisional MD, Neil Galjaard, says Markel will retain the Caunce O'Hara brand and keep all twelve staff, after buying the broker's contractor and freelancer business.
Quizzical questions: 20 September 2019
Test your knowledge of the week's news with our topical quiz.
Granite to create 300 new jobs
Liverpool-based Granite, which sits behind Acorn, is set to expand following funding deal with Inflexion Private Equity earlier this year.
Saga considering sale of Bennetts for second time, say reports
Reports suggest Saga is now under pressure from new investor Elliott Advisors.
One Call’s Radford launches motor broker
Home and motor broker, Yoga, has been set up almost two years after Radford and One Call were fined for client money failings.
Ecclesiastical's John Blundell to retire in 2020
Blundell, UK general insurance MD, has spent 35 years in the insurance industry and joined Ecclesiastical from Covéa in 2016.
Saga profits plummet in all operating areas
Underlying profit before tax fell 22.6% in retail broking and 53.3% in underwriting.
Ten takes small profit hit due to software house move
2018 results reveal a rise in turnover but a fall in profit at the AR network.
15,000 insurance workers become Dementia Friends
Insurance Cares: The sector has embraced the Insurance Age/IUAD pledges to help vulnerable customers.
Uber boss joins Inshur following partnership deal
InsurTech Futures: Simon Logan, who has also worked as head of legal at RSA, moves to start-up Inshur following its partnership with Uber.
TL Dallas posts turnover and profit growth for 2018
Despite the good news, director Polly Staveley warned of competitive pressures and consolidation.
Lloyd's reveals soaring profit for H1 2019
COR did decline to 98.8% as Lloyd's puts transformation plan in place and vows to tackle sexism at the insurance market.