News
Quizzical questions: 9 November 2018
Test your knowledge of the week's news with our topical quiz.
Allianz UK improves COR to 96.0%
The Q3 results reflect impact of joint venture with LV as commercial lines remains stable and personal lines boosts performance.
Gallagher closes Feering office
The move could affect 20 staff as the broker creates new regional office in Ipswich for its Feering and Ipswich teams.
Simply Business CEO slams “poor” cyber products
New UK CEO David Summers on Simply Business’ strategy, being owned by Travelers and why the broker doesn’t sell cyber insurance.
New whitepaper advises on how to market and grow a scheme
Insurance Age and Axa release the second in a series of whitepapers to help brokers and MGAs launch schemes and delegated authorities.
Insurance Day of Giving kicks off
The Day sees insurance CEOs go back to the floor as the sector unites to raise £25,000 for dementia research.
JLT shareholders say ‘yes’ to Marsh & McLennan deal
The $5.6bn takeover was unveiled in September.
Video: In Person with Allianz's Jacob Abboud
The insurer's CIO faces the camera for the quick-fire quiz.
FCA reveals final guidance on PPI complaints
Regulator consulting on new rules requiring firms to write to consumers who have made unsuccessful PPI claims, telling them to complain again.
Richard King-founded Ticker teams up with Willis Towers Watson
Telematics provider Ticker, which is backed by former England footballer, Gary Lineker, and ex-Dragons's Den star Theo Paphitis will use the Radar product.
Gallagher buys majority stake in Vasek Insurance Services
Deal is the broker's third in 2018 and follows Risk Services and Portmore.
Brokers won’t be impacted by Axa redundancies
The provider is consulting on 59 roles in its claims business.
Vantage-owner NSM launches second underwriting brand
First Specialty has been set-up following NSM’s buy of UK motor MGA Xpekt.
ICO to fine Eldon Insurance £60,000
The Information Commissioner also issued a notice of intent to fine Leave.EU as part of the same action and is investigating allegations that Eldon shared customer data “obtained for insurance purposes” with Leave.EU.
Video: Scheme Smart - How To Grow And Market Your Delegated Authority
The second episode of our insightful documentary series with Axa, Scheme Smart, focuses on how to take a delegated authority to the next level.
Markerstudy tipped as Co-op Insurance buyer
The insurer is believed to be on the market for £300m.
Zurich appoints regional broker heads
Michelle Taylor joins from RSA as head of broker market for the south east while Matt Perkin is promoted to look after the midlands, south west and Wales.
Erskine Murray targeting £50m of GWP by 2021
CEO confirms plans to buy more businesses next year.
Ensurance to offer cyber cover to UK construction sector
The specialist MGA has teamed up with Beazley and the product will be available to its brokers.
Bennett Gould snaps up Advantage Underwriting's UK book
The deal is subject to regulatory approvals.
Sutton Specialist Risks and Equipsme launch wholesale partnership
The firms have teamed up with Equipsme health and wellbeing products to be distributed by the wholesaler.
#Insagepeople: 05 - 09 November 2018
Stay up to date with the latest people moves.
County Group buys Douglas Insurance Brokers
It is the third deal for the GRP-owned business this year and has received regulatory approval.
Podcast: The top five stories of the week
The Insurance Age team discuss the top five stories from the past week featuring fines, the FCA, Ardonagh and Reich.