Personal
The FCA piles on the pressure
News analysis: As the regulatory watchdog bares its teeth in its new business plan, are brokers ready to come to heel? Rachel Gordon investigates.
Ageas reports COR of 96%
The insurer also delivered a 30% increased profit after tax for the first half of 2021.
Private client MGA launched
Hoxton Insurance Services trades exclusively through brokers and is backed by Hiscox.
MCE appoints QBE's Paul Ormiston as claims director
The motorbike specialist said the decision to create the new role at board level signals MCE’s ongoing commitment to customer-centric digitisation.
Allianz Holdings reveals drop in GWP in first half of 2021
Provider points to continued impact from Covid-19 as well as competitive market conditions and the run-off of certain portfolios as it also reports a COR of 91.7%.
Russell Bence joins Think Insurance
Bence, formerly of Markerstudy, was most recently with Complete Cover Group.
Hastings profit hits £76m
Provider says it has seen premium reductions in motor due to Covid restrictions as GWP slips slightly to £481m.
NIG grows 16.4% in H1 2021
Direct Line Group reported that its commercial division, including NIG, delivered an increased operating profit of £43.6m.
RSA posts loss for first half of 2021
Following its takeover by Intact, RSA's UK, Ireland, Europe and Middle East operations also reports gross written premiums of £2.3bn.
Aston Lark buys Plester Group
The Kidderminster-headquartered broker's specialisms include construction, motor trade, high net worth and unoccupied property and the deal brings 19 staff to Aston Lark.
Hiscox returns to profit in H1 2021
Provider also records rise in GWP and an improved COR of 93.1%.
Brokers say incoming Hiscox CEO will need to tackle reputation issues following BI row
Experts note Bronek Masojada, who is stepping down as Hiscox group CEO later this year, has built a business focused on quality, but some want to see a stronger broker focus as they say successor Aki Hussain's challenge will be to "win back the trust" of…
Gauntlet buys Three Sixty in first deal under GRP ownership
Three Sixty is based in Bolton and is a specialist private client broker.
Ceta Insurance adds Topsail to wholesale panel
Topsail offers specialist boat insurance and adds to Ceta’s broker proposition in the space.
Aston Lark reports Ebitda and revenue growth for 2020
The consolidator now places circa £900m in gross written premium and employs over 1,500 people in over 50 offices across the UK and Ireland.
How can the industry solve its talent crisis?
Brokers, insurers and industry experts discuss the main obstacles in attracting young talent and what the industry can do to solve its image problem.
TIF Group confirms travel insurance sales hiatus
MGA says existing customers are unaffected after insurer URV "temporarily paused new sales".
Qlaims targets further growth after expansion into personal lines
Newly appointed CEO, Liz Latter, tells Insurance Age about the company's new personal lines offering and how MGAs and brokers can work together to support customers.
Sabre reports COR of 74.4%
Results for H1 show GWP drop as motor specialist prioritises profitability over volume, joins Saga panel and flags creation of temporary insurance product in H2.
Allianz restructure sparks mixed reactions
Brokers say senior exits at the provider lead to “some concern but also some opportunity” as the insurer is slammed for focusing on larger corporate consolidator relationships in recent months.
Gallagher divestment deal aborted after WTW/Aon merger breaks down
Gallagher had been set to buy £3.6bn of WTW assets including Willis Re as part of Aon/WTW divestment plans ahead of their proposed combination.
Ardonagh creates European unit led by Conor Brennan
The Dublin-headquartered business will operate alongside Ardonagh Global Partners with plans to expand across Europe.
Allianz adds tracker to claims hub
The broker-focused tool maps progress across five areas.
Blog: Why travel insurance is more important than ever
Jackson Lee Underwriting's Dipesh Patel discusses how Covid-19 has highlighted the importance of using a broker and how brokers can help clients as international travel quotations pick up again.