Co-operative Insurance
Amazon to shut Insurance Store after just over a year
Amazon is closing its UK Insurance Store, which was launched with great fanfare in October 2022.
Markerstudy rejoins Biba
The business stopped exhibiting at the trade association’s annual conference in 2017.
Markerstudy Broking looks to £600m GWP
The business is set to invest in its digital capabilities as MD, Ross Barrington, reflects on its Brightside deal and future M&A plans.
Markerstudy's Humphreys opens up on delayed Co-op deal
Group underwriting director Gary Humphreys discusses why the transaction took almost two years to complete, criticism from Unite the union, redundancies and future acquisition plans.
Markerstudy & Co-op confirm completion of £185m deal after two year wait
The transaction, which will boost Markerstudy's GWP by £500m, was first announced in January 2019 and has previously been criticised by Union Unite after it was revealed that it could result in 200 job losses.
Blog: Inside Markerstudy's Co-op deal
The deal is still underway but Gary Humphrey's shares his expert view on some of the challenges of the acquisition.
Parliamentary call for Co-op to review Markerstudy deal
MP, Tony Lloyd, slams Markerstudy over potential loss of 200 jobs and failure to recognise Unite and calls on Co-op to examine "moral compass" amid sale which is yet to complete.
Markerstudy confirms up to 200 Co-op redundancies after deal concludes
The insurer said it was planning to retain at least 700 of the 900 staff moving across with the Co-op’s underwriting business following union complaint.
Co-op hits out at Unite over Markerstudy deal claims
Unite said the deal is a “betrayal” of the Co-op philosophy as trade union predicts 200 jobs at risk once deal goes through.
Diversity and Inclusion in Insurance Awards winner: Co-op Insurance
Following last month's Diversity and Inclusion in Insurance Awards, we caught up with all the winners. Today, we spoke to strategic human resources business partner and INspire working group chair Lisa Hooley about Co-op Insurance winning the initiative…
Saga appoints former Superdry and Co-op boss as CEO
Euan Sutherland replaces Lance Batchelor who announced his retirement earlier this year.
Markerstudy promises to meet deadline as multi-million loan payment looms
Company must pay more than £108.6m to Qatar Re on 1 December and owes more than £240m in total.
Diversity and Inclusion in Insurance – winners revealed
Inaugural awards event was held on 14 November by Insurance Age and Insurance Post.
Brokers puzzled as Markerstudy reports £217.3m loan deadline
Insurance Age gauged the mood of the broker market and found strong support for Markerstudy's future prospects.
Markerstudy seeks investment ahead of loan deadline
The directors say it is “business as usual” and payments to Qatar Re have been factored into its strategy ahead of having to pay back a £217.3m loan as it also awaits approval for Co-op deal.
Most complained about insurer revealed
Data from the Financial Conduct Authority highlighted the most complained about providers and brokers.
Co-op Insurance reveals trading loss for 2018
Provider says results were impacted by bad weather as it gears up for deal with Markerstudy.
Podcast: The top five stories of the week
The Insurance Age content director and editor tackle the headlines that got brokers clicking over the past five days.
Quizzical Questions: 25 January 2019
Test your knowledge of the week's news with our topical quiz.
Markerstudy to use Co-op’s brand after deal
Business takes on £70m of Co-op’s debt in first buy since being bought by Qatar Re.
Markerstudy buys Co-op underwriting in £185m deal
Businesses also sign 13 year agreement for motor and home insurance distribution.