News
Open GI reveals B2C platform
The system is aimed at the broker market and has been designed to improve the online experience.
Digital Fineprint to tackle underinsurance in SMEs with new product
InsurTech Futures: Product will alert brokers and insurers to notable business changes that can impact pricing or risk selection.
AmTrust International buys Legal Insurance Management Group
Business will work alongside AmTrust subsidiary Arc Legal.
ERS blames COR deterioration on Ogden
Despite its Ogden woes, the motor insurer was able to post a £3.1m profit for H1 2019.
FCA warns of two Instagram-based brokers
Cheap Insurance Broker and B1 Insurance have been targeting customers in the UK without FCA authorisation.
Bennett Christmas becomes Ethos Broking's ninth regional powerhouse
West Sussex-based firm brings over £17m in GWP to Ethos, which is part of Broker Network owner Bravo Group.
Ghost broker sentenced for 18 counts of fraud
The “prolific” scammer was caught after Hastings identified a number of incepted policies in 2016.
Dye commits to great broker service following branch closures
The Allianz CEO points to 3.7% underlying business growth as he discusses the provider's half-year results and weighs in on the amended discount rate.
Quizzical Questions: 2 August 2019
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LV deal continues to affect Allianz numbers
Purchasing the remaining stake in LV has impacted the provider’s half-year numbers.
Compass welcomes former Aviva regional trading head, David Wolfe, to team
The newly-appointed consultant was at Aviva for 40 years and held various roles including head of trading for London and the South East while he was at the firm.
Collapsed Alpha replacement cover deal hits problems
FSCS flagged that “last minute issues” are preventing the deal being finalised as it admits it is unsure what the final outcome will be.
Lloyd's announces new cohort of 11 InsurTechs
InsurTech Futures: The teams will receive mentoring and the opportunity to test their products as part of the Lloyd's Lab programme.
Former Lloyd’s chief actuary joins ERS
A number of management changes will also see Peter Smith return to the firm as claims director.
RSA’s Egan issues cautious welcome to H1 results
The CEO for UK & International is awaiting full year numbers ahead of any celebration as UK COR improves to 94%.
Broker Expo 2019: Q&A with speaker Ashley Rogoff
Rogoff, managing director of Ashley Page, discusses cyber in the lead-up to 7 November.
#Insagepeople 29 July - 2 August 2019
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IPT haul smashes records to hit £6.3bn in 2018/19
Government pulls in highest ever income from the "golden goose" tax which has more than doubled since the year 2013/14.
Arch Capital buys Barbican
The deal is the latest in a long line of acquisitions by the group.
Marsh spent $98m integrating JLT last quarter
The $5.6bn deal completed on 1 April this year as the business flags a flat EMEA performance.
ABI revises criminal convictions guide
The guide has been updated in line with regulation and market practice.
Van insurance premiums shoot up
The sector continued to display big pricing disparities across age groups and experts warn Ogden will increase market volatility.
Direct Line points to NIG growth in H1 results
In force policies at the broker-focused part of the business grew 2.4% as the group numbers flag a £15.9m Ogden hit.
Sabre releases steady 2019 interim results
Firm head believes brokers have a bright future in motor providing they are aware of their place in the value chain.