Personal
Iprism posts increased profit in run-up year to MBO
Iprism Underwriting Agency has reported a 9.7% increase in profit for the year ended 30 June 2021.
AUB Group confirms Tyser deal talks
The Australia and New Zealand-based broking and underwriting group said no terms have been agreed.
Analysis: The inflation challenge
The ever-increasing rate of inflation in the UK and certainty of more to come has led to warnings of challenges for brokers and insurers alike with issues ranging from difficult conversations on premium rises to underinsurance and the prospect of turning…
New RSA CEO Ken Norgrove promises to fix current “average” broker service
The insurer is keen to grow in SME in partnership with brokers but will not be targeting micro business.
Tasker Insurance Brokers becomes Jensten as group streamlines brands
The Jensten Group has a revealed a transformation programme to simplify its corporate structure, systems, and brands.
Think Insurance makes first broker buy
The motor and niche specialist has added to its commercial offering led by Russell Bence.
KGM buys Eridge Underwriting Agency
The MGA forecast the combined business will underwrite £175m in gross written premium this year.
Mark Coffey leaves Atlanta
The director of trading had been with the firm for nearly four years.
Igo4 creating 100 jobs in Peterborough
Firm targeting 30% new business growth this year with expansion across core markets, mainstream motor and the launch of insurance for electric hybrid vehicles.
Tempcover to sell up to Uswitch and Confused owner RVU
The broker completed an MBO at the start of 2018.
Ex-Swiftcover founder and Axa boss Steve Hardy to lead Policy Expert
QMetric Group CEO Sanchit Suri has left the business.
Saga reports drop in broking GWP and profit
The group sold Bennetts in August 2020.
Income and Ebitda soars in 2021 for Ardonagh’s advisory division and up in retail
Group reveals income of £945.8m and £220.3m of Ebitda.
Experts respond to “disturbing” motor insurance ethnicity penalty report
Insurers face challenging questions but the Association of British Insurers insists “insurers never use ethnicity as a factor” to price cover.
Sabre reveals Bennetts partnership and promises flexi insurance broker push
Insurer reported £169.3m of gross written premium and a combined operating ratio of 79.4% for 2021.
Citizens Advice reveals “shocking” insurance ethnicity penalty
A report found that, collectively, people of colour pay £213m more for their car cover.
Sabre reports dip in profit for 2021
Provider delivers a combined operating ratio of 79.4%.
Protection brokers eye general insurance
Enduralife is to sell buildings and contents insurance in Ceta/Paymentshield tie-up.
Blog: Time to check watch valuations
Tim Belson, of Prestige Valuations, says the skyrocketing value of some luxury watches can cause a problem for insurance brokers but solutions are at hand to keep cover at the right amount.
Ex-Fresh CEO Mike Wall joins Markerstudy
Wall is recruiting a team of 12 to develop the business’ non-standard home and motor offerings.
Miller claims first for HNW platform
Miller stated that the offering will begin by focusing on buildings and contents insurance.
RSA reveals 2021 losses from continuing operations
The insurer’s figures were hit by reserving changes and acquisition costs due to the mid-year takeover as net written premiums grew.
HCF buys two brokers
The MVP-backed broker has made five purchases in a just over a year.
A-Plan delivers rising turnover and profit after Howden takeover
The high street specialist has grown its commercial centres to 40.