Esure
Aviva and Allianz rumoured to be weighing up Esure bids
Both Aviva and Allianz are among potential bidders should Esure be put up for sale by its owners Bain Capital, according to a report by Bloomberg.
Esure and PIB investor Bain Capital raises $1.15bn for new insurance M&A arm
Esure and PIB Group investor Bain Capital has announced the final close of its inaugural private equity fund, Bain Capital Insurance Fund, LP at $1.15bn (£890m), above its initial target of $750m.
Esure posts £29.1m loss as tough market conditions bite
Esure chief executive David McMillan explained the swing from a £7.7m post-tax profit in 2021 to a £29.1m loss in 2022 as being caused by significant claims inflation, increased weather-related home claims and a weak pricing environment.
Esure posts loss of £7.1m for 2021
Gross written premium also slipped to £807.6m for the full year 2021.
Pikl teams up with Esure and Sheila's Wheels
The sharing economy start-up has signed a distribution deal with the providers.
People Moves: 26-30 July 2021
Keep up to date with the latest people moves in the insurance sector.
Ghost broker sentenced for selling fraudulent Esure policies
The fraudster had previously pleaded guilty in June this year to fraud by false representation, money laundering, forgery and to the offence of being an unauthorised broker.
People Moves: 18 - 22 January 2021
Stay up-to-date with the latest personnel changes in the world of broking and insurance.
People Moves: 23 - 27 November 2020
Keep up-to-date with the latest market moves.
Sir Peter Wood steps down from Esure
Wood founded the business in 1999 and sold a majority stake to Bain Capital in 2018.
People Moves Round-up: 6-10 January
Keep up to date with the latest market moves.
People Moves Round-up: 25-29 November 2019
Keep up to date with the latest market moves.
Go Compare owner in £120m refinancing
Both the credit facility and four-year term loan included in the refinancing can be extended for an additional year.
Direct Line founder Peter Wood sets sights on broker Pikl
The on-demand property broker, which focuses on the sharing economy, has raised £2.5m in a funding round led by Peter Wood and Esure.
Quizzical questions: 17 May 2019
Test your knowledge of the week's news with our topical quiz.
Esure hires former Aviva UKGI boss David McMillan as CEO
McMillan joins the provider from QBE and replaces Stuart Vann who left the business in January 2018.
Esure reports £15.4m pre-tax loss for "disappointing" 2018
Provider confirms it has not yet found a replacement for former CEO Stuart Vann who left the business in January last year.
Podcast: The top five stories of the week
Siân Barton and Ida Axling chat about the most popular stories to hit the headlines.
Bain Capital to buy Esure for £1.2bn
Esure also reported a 12% rise in GWP, but a fall in profit for the first half of 2018.
Podcast: The top five stories of the week
Siân Barton and Ida Axling discuss the most clicked on stories by brokers.
Esure profits and premium shoot up in 2017
Surge in motor policies at insurer.