News
Stanhope Cooper drops Open GI
The HNW broker has moved to Applied Systems using the Digital Broker product.
Broker Choice Survey: Share your views before it closes
Insurance Age is seeking broker opinion in our re-branded Sentiment Survey, which will help us select the winners of the very first Broker Choice Awards.
#Insagepeople: 13 - 17 August 2018
Stay up to date with the latest people moves.
Turnover up at Alan Boswell
Norfolk-based broker also reports small dip in operating profit for the year ended 31 March 2018.
Deals boost Finch Commercial’s profit and revenue
Company results for the Broker Network owned firm also reveal a £3m loan from parent company.
Bain Capital to buy Esure for £1.2bn
Esure also reported a 12% rise in GWP, but a fall in profit for the first half of 2018.
Insurance membership of CII falls
The body’s annual report showed it had fewer insurance members in 2017 as spending nudges up to push forward transformation plan.
Alpha collapse: FSCS transfers 177,000 GAP policies
The regulator has worked with Premia Solutions to replace GAP policies following Alpha going into liquidation earlier this year.
Volante unveils second MGA - Gentium Motor
The new MGA focuses on niche motor business, led by managing director Neil Smith.
Insurance Cares: Insurance Day of Giving launched
PIB’s Andy Tedstone has created a charity day to raise awareness of dementia.
Broker Network buys North West broker
The business will act at Broker Network’s seventh “regional powerhouse”.
Podcast: The top five stories of the week
Siân Barton and Ida Axling discuss the most clicked on stories by brokers.
Growth for Ten amid software house move
The network posted an operating profit of £316,000 for the full year 2017 as business pushes on with move to Acturis.
Quizzical questions: 10 August 2018
Test your knowledge of the week's news with our topical quiz.
A look at Insurance Hound’s most read by brokers in June and July 2018
Which topics were grabbing attention over the summer?
L&G GI reveals loss in H1 2018 after Beast from the East hit
Insurer reports £6m operating loss and a COR of 107% as GWP rises to £193m.
Lickens reveals “race against time” in John Ansell deal
The Clear Group CEO says the business was on the clock when it bought John Ansell following ECI investment.
Zurich UK COR improves to 95.5%
GI business recovering from impact of discount rate hit as GWP stable and operating profit grows.
AIG hires Thomas Lillelund as CEO of its European business
Anthony Baldwin, current European CEO, takes the reins of AIG's new UK entity as the provider prepares for Brexit.
Profits shoot up at Hastings in the first half of 2018
CFO Richard Hoskins says focus is on "disciplined growth" and investing in digital initiatives.
GWP and revenue fall at Ageas UK in H1 2018
Provider also posts profit increase and an improved COR of 99%.
Ghost brokers in dock after Esure and police uncover racket
The fraudsters involved in the “elaborate” scam, which targeted minicab drivers, got suspended sentences and community service.
#Insagepeople: 6 - 10 August 2018
Stay up to date with the latest people moves.
Saffron hit by £2.6m lawsuit - report
Law360 reports that the broker allegedly failed in its duty to explain to a customer that he needed to disclose a court judgment, leading to his claim being declined.