Personal
Turnover up but profits slip for Be Wiser
CEO Mark Bower-Dyke said marketing and staffing spend had increased to counteract competition and fewer cars on the roads.
BGL targeting 200 apprentices for new academy
Recruits to range from school leavers to degree holders.
Hastings reveals growth in 2017
Firm posts rising GWP and profits as Toby van der Meer takes over as CEO.
Azur MGA launches HNW car collector product
Collector Car is underwritten by AIG and can also incorporate everyday vehicles.
Admiral reports growth in 2017
However its Confused aggregator sees profits slip following marketing and product development spend.
Profits rise and COR improves at Direct Line in 2017
Policy count and premiums drop at NIG.
Swinton puts 268 people at risk of redundancy
Broker to close 40 branches in latest restructure.
Amanda Blanc “exceptionally pleased” with UK & Ireland performance
The CEO praised the impact of the business' commercial lines division and insisted the "excellent" results had no bearing on McCafferty’s exit.
Steve Lewis confident RSA UK will “bounce back” in 2018
Provider "not concerned" following £116m underwriting loss in 2017.
Moneysupermarket posts 12% insurance revenue rise for 2017
Group revenue, profit and average number of monthly visitors all increase.
CEO Watson "encouraged" by Ageas UK 2017 results
Insurer urges government not to delay new Ogden legislation as it moves back into profit.
Cyber add-on for brokers launched
The product is available from iSmartSupport and brokers can whitelabel the add-on.
Tempcover to offer short term home cover
The scheme is the latest in a raft of changes to hit the home insurance market as providers clamour to respond to changing customer needs.
AIG posts $6.7bn loss for final quarter of 2017
COR for the full year comes in at 117.3%.
Quizzical questions: 9 February 2018
Test your knowledge of the week's news with our topical quiz.
Jackson Lee claims a market first for its hybrid and electric vehicle GAP cover
MGA highlights battery cover in new offering.
Ghost broking costs revealed in new police campaign
Over 850 reports of ghost broking made to Action Fraud in the last three years.
Claims job losses due to fewer cases and digitalisation, says Allianz’s Gibson
Boss says the latest cut is last in claims for the foreseeable future.
“Business as usual” for brokers amid LV and Allianz redundancy risk
400 people could be laid off at both insurers following the “game-changing” transfer of personal lines to LV and commercial lines to Allianz.
Eighty claims people at risk at Allianz
Job losses in addition to 400 potential redundancies caused by Allianz/LV merger.
Up to 400 redundancies from LV/Allianz deal
260 people in the LV commercial broker and claims division are at risk alongside 140 people from Allianz’s UK personal lines business.
Fresh boosts profits in 2017 with tech drive
Business spent £1m on technology to improve performance.
Home insurance premiums rise 5% in 2017
Research by the AA finds yearly increases in buildings, contents and combined policies.
CoverBuilder launches home hosting insurance
New product covers people letting out rooms or properties on any home-sharing platform such as Airbnb.