News
The growing use of credit to buy insurance
New research by Premium Credit reveals the insurance intermediary market anticipates consumers will use credit more this year when buying insurance.
Further losses at Lloyd's in 2018
Market reveals a loss of £1.0bn and a COR of 104.5% for 2018 as Neal admits "performance is not of the standard we would expect" .
David Ross denies "implausible" allegation he tried to hire Matson
Gallagher-owned Alesco is pursuing legal action against an Ardonagh group company, Bishopsgate, in relation to the hiring of four former Alesco employees as Gallagher vs. Ardonagh trial continues.
“Meat market” Lloyd’s rushes through plan to combat sexual harassment
The market indicated it would be prepared to ban offenders for life if found guilty of offending following “distressing” report.
Aviva’s ex-CEO Mark Wilson received £1.8m in 2018
Annual report reveals his pay fell compared to 2017 as new CEO Maurice Tulloch saw his income increase by just over £1m.
InsurTech Futures: Broker Insights becomes associate member of Biba
The two firms hope the Broker Insights platform will help Biba's regional broker members to become more visible to insurers.
David Ross accused of “not caring” about acting lawfully
Ardonagh’s CEO denies accusation as he is cross-examined on staff poaching and loan allegations on day 10 of the explosive Gallagher vs. Ardonagh trial.
#Insagepeople: 25 - 29 March 2019
Stay up to date with the latest people moves.
Aston Lark buys Highworth Insurance
Deal is the consolidator's second in 2019.
Ecclesiastical adds cyber to its Art and Private Client policy
The insurer has updated the policy to include standard cyber cover and cyber-crime and cyber online liability as additional covers.
Legal & General unveils tech solution for brokers
The provider claimed that SmartQuote uses big data to find home insurance quotes in as little as one question if the broker knows the client.
Marsh-owner gains approval to buy Jardine Lloyd Thompson
Purchase has been approved by the European Commission.
Zurich temporarily pulls out of direct home
Insurer says home products can still be bought through the broker channel.
Allianz hires Gerry Ross as head of commercial motor
He replaces Jon Dye who left the provider for QBE earlier this year.
Arch Insurance International invests in MGA
Archipelago, a personal lines managing general agent has been set up by former Aon-executives Richard Coleman and Angus Simpson.
Marsh-parent raises $250m of fresh debt
The move, the second debt raise this week, is to fund its acquisition of JLT.
Quizzical Questions: 22 March 2019
Test your knowledge of the week's news with our topical quiz.
Ageas teams up with Darwin Clayton in £45m deal
The arrangement extends the firms' existing partnership by five years.
FCA urges firms to apply for TPR and FSCR ahead of Brexit
Regulator calls on financial services market to submit applications before 28 March.
Industry responds to reports of sexual harassment in Lloyd's
LMA CEO Sheila Cameron says both victims and witnesses must be encouraged to come forward, after Lloyd's is slammed for having a "culture of sexual harassment".
UK Broker Awards open for entries
Applications are being accepted now with the ceremony set to take place on 13 September.
Stable performance in “transitional year” for LV
GI CEO Steve Treloar said the business was working with 150 new broker partners and committed to further investment as 2018 results are published.
NatWest unveils virtual account platform for businesses
Bank says the platform will aid regulated professions including insurance.
François-Xavier Boisseau takes NED role at Ecclesiastical
Boisseau retired from Ageas in December last year and joins Angus Winther as a new NED on Ecclesiastical's board.