News
Profits and turnover slip at Abbey in 2018
Final set of accounts before takeover by private equity.
Broker Direct expands product set
New EDI offerings for car, commercial vehicle and home.
Aston Lark keen on more private equity says Peter Blanc
Group CEO confirms broker has deals in the pipeline.
Stackhouse Poland buys Bespoke Medical Indemnity
Firm buys specialist medical malpractice broker after striking five takeover deals in 2018.
Ardonagh’s Swinton takeover goes through
Deal for £165m was agreed in September.
China Re completes Chaucer deal
Regulatory approval followed sale price of $950m being confirmed last September.
GRP’s Country & Commercial buys Key Insurance Group
First deal for agricultural broker since it was bought by the consolidator in early 2018.
Review of the year: December 2018
Aviva's claim that it would disrupt the market with its new subscription-style product got brokers talking in the final month of the year.
UK insurance industry paid out £55bn in 2017
Sector also made a contribution to the UK economy worth £29.5bn and paid close to £12bn in taxes, according to the ABI.
Predictions for 2019 with Steve White and Graham Boffey
The experts share their views on SM&CR as well as diversity and inclusion.
Unrated Danish insurer Qudos declared bankrupt
FSCS vows to work with liquidator and Danish authorities.
Willis IRM recruiting for growth in Northern Ireland
Broker hails independent status after recent Autoline deal.
RSA Insurance Ireland fined €3.5m
The Central Bank of Ireland imposes the fine for regulatory breaches relating to large loss claims and accounting irregularities.
InsurTech Futures: Brolly unveils new feature to streamline insurance products
According to the company British consumers spend on average £180 per month on insurance.
Key moments in 2018 with Ian Donaldson and Mike Crane
Scrutiny of unrated insurers and the #insuretrek18 were highlighted as the best things to happen in insurance this year. But who said what?
Gibraltar-based Horizon Insurance declared in default by FSCS
Company closed to new business at the end of 2016 but 1,700 UK customers may still be affected.
Review of the year: November 2018
As the cold weather settled in brokers clicked on an unrated Danish insurer going bust, RSA redundancies and Brexit.
SSP bosses hail positive transitional year as firm invests for growth
Software house boosts R&D investment by 10% in 2018.
SSP posts loss for 2018 after £25m goodwill write down
Ebitda and revenue fall in the 12 months.
Predictions for 2019: Park's Marc Loud
Broker predicts liability market hardening, greater onus on job training, and that vulnerable customers will be looked after better.
Insurers celebrate at Civil Liability Bill gaining Royal Assent
However the ABI noted that the “clock is now ticking” on the first review process into how the discount rate is determined.
Nexus Group buys Hiscox Global Flying
It is the MGA's fourth deal this year.
More leaders revealed for Marsh-JLT Specialty UK & Ireland team
The appointments will be effective once regulatory approval for the takeover of JLT by Marsh is completed.
Video: A broking minute with Toby Clegg
The CEO of Clegg Gifford tackles our quick-fire quiz.