Policy Expert
Policy Expert owner Qmetric swings back to operating profit
Qmetric, which trades as personal lines specialist Policy Expert, returned to operating profit and pushed Ebitda into the black last financial year with turnover and customer numbers rising.
Qmetric reveals £41m loss in run-up to sale
Policy Expert owner Qmetric lost £41.06m last financial year ahead of being bought by the Abu Dhabi Investment Authority, which has gone on to invest £35m in the business.
People Moves: 8 – 12 January 2024
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Policy Expert eyes accelerated growth after ADIA takes majority stake
Steve Hardy, CEO at Policy Expert, is confident that new majority backer ADIA understands the business and is well placed to support it going forward.
Primary sells Policy Expert to Abu Dhabi Investment Authority
The Abu Dhabi Investment Authority has acquired a majority stake in insurtech Policy Expert from Primary Group, Insurance Age can reveal.
R&Q in ‘advanced’ talks for sale of Policy Expert capacity backer Accredited
R&Q Insurance Holdings has admitted that it is in advanced discussions with Canadian investment business Onex for the sale of its fronting business Accredited.
What next for Mark Wilson after Abacai exit?
Despite his departure from insurtech Abacai, Mark Wilson has talked previously about the need to disrupt the insurance status quo going back to his days as group CEO of Aviva. Based on the assumption this exit is just a blip in that mission, Jonathan…
Amazon adds Policy Expert to insurance store
Personal lines specialist Policy Expert has joined the Amazon Insurance Store taking the number of providers up to four.
Policy Expert reveals recruitment drive
Personal lines insurtech Policy Expert has confirmed plans to add 26 people across its technology, customer services and operational divisions.
Policy Expert focuses on customer retention as top priority
Policy Expert’s COO Adam Powell has stressed that customer retention is its top priority in 2023, as it continues to focus on its organic growth.
Policy Expert targets doubling within five years, says CEO Steve Hardy
Policy Expert is aiming to double its one million customer count through further organic growth, adding new lines and potentially international expansion and acquisitions in the next five years, according to CEO Steve Hardy.