News
#Insagepeople: 22 - 26 October 2018
Stay up to date with the latest people moves.
Divisive whiplash and Ogden Bill passes through Commons
The Civil Liability Bill has passed through the House of Commons as the AA says it will reduce premiums for drivers but lawyers lament the move.
Middle pledges continued broker focus at Ageas
The newly appointed chief customer officer says Ageas will look for new opportunities with brokers after planned restructure.
LV signals expanded appetite with four more partnerships
Marmalade, Safeguard, Verex and Home & Legacy switch to the insurer.
£3.7bn paid out on PPI since launch of FCA's Arnold Schwarzenegger campaign
The regulator said advertising featuring the actor had increased consumer understanding of PPI and led to 3.7m complaints being made.
AA reports flat home insurance premiums for Q3 2018
The cost of insuring a home “remains remarkable value for money”.
Video: Peter Blanc on IDD and commission disclosure ahead of Broker Expo
Blanc discusses how customers can be better served by their broker.
Car premiums continue to drop in Q3 2018 according to AA
Customers benefiting from 10% yearly fall.
Simon Cooter ready for next challenge as starting gun fired to find his replacement
Outgoing Covéa boss predicts technology will change the industry more in the next five years than it has done in the previous 30.
InsurTech Futures: Azur raises £13.3m in funding round led by AIG and Hyperion
Firm to use the money to develop more products for brokers.
Turnover shoots up to £77.6m for Eldon
The company said investment in its brokerage brands, such as Go Skippy, helped with the 64.1% increase as expenses rise in-line with income spike.
Clone broker claimed to be from FCA, says Ellis David
The firm’s director stressed that he hoped the fraudsters are “prosecuted to the full extent of the law” now that the regulator is aware of the crime.
Video: Exclusive chat with LV's Michael Lawrence ahead of Broker Expo
Lawrence reveals what he believes the customer of the future is going to want from their provider and broker.
Vantage owner, NSM, buys UK motor MGA
The company has bought Xpekt as it seeks to build niche motor business in the UK.
Hyperion launches new technology division
Hyperion X will also manage the group's third-party InsurTech investments.
Miller buys Alston Gayler and Co
Alston Gayler is an independent London market broker and Miller said the move would enhance its wholesale and specialist broking capability.
FCA warns on clone of Ellis David Insurance Brokers
The regulator advised on fraudsters using details of authorised companies to scam customers.
Podcast: Certus' Ben Welsh looks at the top five stories of the week
The unrated insurer debate, technology and consolidation all come under the microscope.
InsurTech Futures: Ex-Brokerbility and Aviva expert targets on-demand market
Pay-as-you-go InsurTech start-up claims it will help SME owners manage their insurance needs digitally.
FCA issues another clone broker warning
Unicominsurance.net appears to have been taken down.
Quizzical questions: 19 October 2018
Test your knowledge of the week's news with our topical quiz.
Axa XL to move EU arm to Dublin
Insurer is to move its principal EU insurance company from the UK to Ireland ahead of the Brexit deadline.
Applied Net 2018: Self-serve for customers is the future for brokers
Applied’s customer experience expert Kris Hackney explains why brokers need to become truly digital and highlights how customer journeys are changing.
HNW Forum: Experts debate impact of MGAs on the market
Longevity of relationships remains a key success factor.