News
Quizzical Questions: 22 February 2019
Test your knowledge of the week's news with our topical quiz.
Video: Cardiff regional review part two
Insurance Age chats to brokers about the future for Cardiff.
Stable year for Open GI
Ebitda grows to £28.7m from £27.2m as software house notes that there was some disruption in 2018 as it sought to make operational improvements.
#Insagepeople: 18 - 22 February 2019
Stay up to date with the latest people moves.
Axa UK reveals growth in commercial lines
But personal lines revenues dip, while COR for the UK & Ireland business improves slightly.
“Surprise” at FCA clean bill of health for “unbalanced” wholesale market
The regulator said there was room for improvement and did not take action but expert suggests brokers expected the watchdog to intervene in what is seen as an “unbalanced market”.
Qatar Re reveals Markerstudy deal cost
Price published in the company's financial results for 2018.
Ageas' profitability back to pre-Ogden levels
CEO Andy Watson says motor was the "star of the show" in 2018, comments on Brexit preparations and addresses potential redundancies in Stoke and Port Solent offices.
NIG develops Brexit stock cover extension
Updated: It has been added to a number of lines following reports about companies increasing the level of stock-piling to prepare for the UK leaving the EU.
Azur launches emerging wealth home product
The provider said the offering has been designed to help brokers compete with direct writers with quote and bind taking less than two minutes.
FCA outlines “room for improvement” in £60bn wholesale market
However, the study into it did not identify “significant areas of harm” as Biba welcomes the final report.
Ageas UK sees profit jump in 2018
COR improved to 96.8% for the year, but GWP fell across all of its divisions as results are announced amid business restructure.
Video: Cardiff regional review part one
Brokers in the Welsh capital talk to news editor Ida Axling about the local insurance market.
Momentum partners with FMG on motor claims
Service is aimed at clients with a private or commercial motor or motor fleet policy.
PIB sets sights on Europe
Business to expand into more countries in Europe after buying Optis Insurance in Ireland.
FCA sounds latest clone broker alarm
A warning has been published by the regulator about a clone of Protect Your Bubble, which provides gadget and jewellery insurance.
Litigation funding and ATE product launched
The proposition is available to brokers via Sybaris Legal & IP and backed by insurer Acasta Europe.
Ex Lloyd's chairman Sir David Rowland passes away
Rowland was chairman of Lloyd’s between 1993 and 1997.
GRP buys Shearwater Insurance Services
Hertfordshire-based broker specialises in equine insurance and is GRP's second deal in 2019.
PIB Group expands into Ireland
The business now has an Irish base following the acquisition of Optis Insurance as PIB prepares for Brexit.
Ageas hires Jonathan Price as CFO
Price replaces Fernley Dyson who has moved across to Allianz.
InsurTech Futures: Tapoly unveils broker platform for on demand products
Start-up MGA says platform gives brokers access to on demand cover and the sharing economy.
Staysure reveals plan to recruit 200
The over-50s travel specialist has opened new offices in Northampton as it looks to grow its workforce.
AI anti-fraud measures receive Government backing
The Government has earmarked £13m to develop professional services in the UK as it looks to tackle £3bn cost of insurance fraud.