News
Moonrock to wholesale drone cover
Specialist broker's scheme is underwritten by Hiscox.
Ignition Select declared in default by FSCS
The FSCS will step in to help consumers affected by the collapse of the broker which went into administration last year.
Insurance scams amounting to £1.3bn detected in 2017
Research from ABI reveals one insurance fraud per minute was discovered.
Broker Network spending spree prices revealed
Figures unveiled for first three deals - Finch Commercial, Boyd Insurance and Thompson & Richardson.
Ecclesiastical COR deteriorates as profits fall
Underwriting profits also down but GWP grows for first half of 2018 following “exceptional” 2017 performance.
MGAA: "Chartered status for MGAs will benefit brokers"
But MGAA chair Charles Manchester questions how many MGAs would go for the accreditation.
Anscombe hails "significant organic growth" at Seventeen Group
CEO says growth was driven by investment in specialist areas, as the firm continues to invest in IT and make acquisitions.
Allianz takes new CFO from Ageas
Fernley Dyson to replace retiring CFO Mark Churchlow.
CII targeting December 2018 for chartered MGA status
Process involves Privy Council and member approval.
Simply Business reveals losses for 2017
Online broker says loss due to costs from Travelers takeover.
#Insagepeople: 20 - 26 August 2018
Stay up to date with the latest people moves.
Aviva denies being on “big crusade on broker commissions”
Aviva MD of UK intermediaries, Phil Bayles, says distribution costs need to improve in the sector but denies there is a commission problem following dispute with GRP.
Revenue growth for Seventeen Group
Broker points to organic growth as main driver.
Podcast: The top five stories of the week
Siân Barton and Ida Axling chat about the most popular stories to hit the headlines.
CII aiming for “relevant and diverse” Chartered Status
CII’s Steve Jenkins says the professional body is committed to Chartered and wants it to gain momentum as it seeks to add D&I to entry criteria.
Quizzical questions: 17 August 2018
Test your knowledge of the week's news with our topical quiz.
Brokers have "heads in the sand" around succession, says Aviva's Bayles
Research from Aviva shows 9% of brokers are expected to leave the industry in the next year but only 13% of brokers have planned for their retirement.
Amazon ponders UK aggregator site - reports
Claims that the tech giant is in talks with UK insurers about the possible launch of a price comparison site hit the headlines.
CII questions future of Chartered proposition
The number of members holding chartered titles slipped in 2017.
GRP-owned Abbey Bond Lovis makes NI buy
Deal is GRP's third in the last month.
ERS returns to profit in H1 2018
Insurer reveals an improved COR at 96.6%, but a fall in GWP.
Applied report shows UK brokers ahead of digital curve
More UK brokers are using digital platforms to analyse data and drive business but more can be done with mobile tech and customer apps and portals.
Turnover and profit rise at Admiral in H1 2018
UK aggregator Confused also reports growth.
Stanhope Cooper drops Open GI
The HNW broker has moved to Applied Systems using the Digital Broker product.