Hastings Group
Hastings Group began in Bexhill-on-Sea and targets the home and motor markets. In 2020 it was valued at £1.66bn when it de-listed and was jointly bought by Sampo and Merchant Rand Investment holdings.
Hastings Group features in the Insurance Age Top 50 Insurance Brokers in Personal Lines listing. Find out what other companies made the cut.
Quizzical Questions: 9 August 2019
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Hastings profits slip in H1 this year
Results for the first half of 2019 show decreased profit and an £8.4m Ogden hit as company reports growing GWP.
Ghost broker sentenced for 18 counts of fraud
The “prolific” scammer was caught after Hastings identified a number of incepted policies in 2016.
Fact file: What’s the story with the Ogden Rate?
The much-debated discount rate was reset at -0.25% this week, but how did we get to this point and what is the background to this highly explosive issue? Insurance Age outlines the key touchstones
Hastings expects £8.4m hit from Ogden rate change
Company says it had believed the rate would end up between 0 and 1%, as Biba states move to -0.25% is "nowhere near enough".
Blanc expects Goldman Sachs to invest in Aston Lark for 'at least five years'
Hastings relationship key to the deal.
Which? survey reveals worst insurers for handling claims
Consumer organisation asked car and home insurance customers to rate their claims experience, with The AA scoring lowest in the car sector and RSA being rated worst in home.
Profit and GWP up at Hastings in 2018
CFO Richard Hoskins hails "solid results" despite competitive market and says broker will continue to invest in data and digital engagement.
Hastings takes John Worth from MS Amlin as CFO
Richard Hoskins retiring from the business.
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.
Hastings confident of hitting 2019 growth targets
CFO Richard Hoskins says firm is focused on organic growth and digitalising the business.
Hastings reveals growth in 2017
Firm posts rising GWP and profits as Toby van der Meer takes over as CEO.
Toby van der Meer new CEO at Hastings as Gary Hoffman moves to chairman role
Current chairman Mike Fairey to retire.
News analysis: Mind the knowledge gap
Insurance education shortfall revealed by FCA creates opportunity for brokers
The Blog Spot: Deal or no deal - is the AA/Hastings tie-up really dead?
Hastings was in talks this summer about buying AA’s insurance business, or in their words forming a “partnership”. The talks have since stopped and the deal hasn’t happened.
AA admits to insurance sales talks with Hastings
However, Hastings statement reveals talks between the two motor insurance firms have ceased.
Hoskins upbeat on Hastings results
The CFO hails topline growth and “continued momentum” following the half year figures.
Hastings shows growth in first half of 2017
The firm posted GWP growth of 28% and noted that the Ogden rate change had generated more activity for the business on aggregators.
Profits and GWP up at Hastings in 2016
Company allows £20m impact of discount rate change.
RMI invests up to takeover limit in Hastings Group
Investment group to purchase up to 29.9% of shares.
Hastings continues to see revenue growth
GWP and live customer policies are also up at the broker.
#insagepeople: 03 - 09 October 2016
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Hastings "on track" to achieve its targets
Group CFO Richard Hoskins says company profits from using price comparison website distribution model.
Hastings on the up as GWP hits £360.6m
Profits, GWP, and in force policies all grow for Hastings Group.