Personal
Be Wiser stems losses in 2019 results
Broker posted a loss of £669,000 for 2019 as it projects a return to profitability in 2020 as a result of streamlining and reorganisation.
Profits fall at Direct Line in 2019
COR deteriorated to 92.2% as provider says results were impacted by Ogden and restructuring costs.
MPs urge insurance sector to focus on financial inclusion
Insurance Cares: Aon and Aviva push to get social landlords to make use of their tenants contents insurance schemes in order to help vulnerable customers, as MPs outline challenges for the industry.
Go Compare owner sees profit slip
GoCo Group’s preliminary results suggested operating profit would drop more than 46% amid transformation plan.
GRP hub Greens makes first deal of 2020
Broker buys Hastings-based SME and personal lines specialist Manor Insurance Services as it reveals it has more deals in the pipeline.
Sutton Winson snaps up health and protection broker
Broker says acquisition of Flexible Health will allow it to expand its private medical insurance offering to individuals.
ERS says Ogden drove up COR in 2019
Profit and GWP improved at the motor provider.
RSA is "getting its mojo back" says UK boss Scott Egan
Egan points to growth in RSA's regional commercial broker book as UK business moves back into profit.
RSA reports “strong results” after “disappointing” 2018
Performance at group and UK & International level improved and COR was 95.0% as the business noted the impact of discipline and portfolio exits.
Stanhope Cooper owner buys HNW broker
Exclusive: Insurance Tailors, based in Twickenham, has been purchased by the specialist broker’s parent firm for an undisclosed sum.
Allianz UK COR deteriorates to 97.8%
Challenging fourth quarter hits the provider as operating profit falls by 35% but CEO Dye remains upbeat.
FCA removes Triton Insurance Brokers' right to conduct regulated business
Customers told to check the validity of their policy with their insurer.
Bicycle broker Laka to expand its product range
CEO and co-founder, Tobias Taupitz, discusses the start-up's expansion plans, its "coup" to have Amanda Blanc join its board, and why he believes Laka's pooled payment calculation model should be used across the industry.
Home insurance premiums increase
Effect of storms is feeding through into premium costs.
Axa UK reveals revenue growth for 2019
Provider posted rising revenues in both commercial and personal lines.
Watson blames Ageas profit fall on motor book
Ageas UK CEO, Andy Watson, discusses the issues impacting the provider's 2019 results and recent changes in its broker business.
Ageas UK reveals 21% net profit fall
CEO Andy Watson says results were driven by difficulties in the motor market.
Ardonagh signs on to buy Bennetts from Saga
Ardonagh’s Atlanta division has exchanged contracts to purchase the motorcycle specialist broker.
Broker Direct creates outsourcing arm Proficient
Solutions provider said Proficient will target personal lines firms and InsurTechs.
Consolidators behind half of broker deals in 2019
Exclusive: Research from Mazars shows 83% of brokers feel that the current levels of consolidation are sustainable.
In Person: Markel UK’s Neil Galjaard and Nic Brown
Neil Galjaard, divisional managing director, and Nic Brown, sales and marketing director, tell Insurance Age why organisational restructures and sustainable pricing mean they welcome a hardening market.
Applied adds Geo Underwriting to personal lines panel
Geo Underwriting’s FlexiLet home product will be available via Applied TAM and Applied Epic.
Aston Lark buys Isca Barum in first deal of 2020
Smallholding and farm insurance specialist brings £5m of GWP and 20 staff to Aston Lark.
Tony Allen reveals expansion plans for Markerstudy-backed MGA
The former A&A broker boss, who set up Insenture Underwriting last year, discusses his new venture alongside his son Lloyd Allen.