Motor
Covéa returns to profit in 2021
Covéa Insurance has reported post-tax profit of £7.9m in 2021 reversing the loss of £30.8m the previous year.
Ex-Axa leader David Williams joins Humn
David Williams has joined commercial motor insurtech Humn as a non-executive director.
People Moves: 13 - 17 June 2022
Stay informed on the top personnel changes in the insurance space.
In Depth: Developing the HNW market for electric vehicles
What are the insurance requirements for HNW electric vehicles and how is the industry responding? Sam Barrett investigates.
Abacai motor brand Boom hits the market
Mark Wilson-led Abacai has rolled out motor insurance brand Boom.
Top 5: Most read on Insurance Hound in April and May 2022
Whitepapers from Insurance Post, Ansvar, AX, LexisNexis and SAS were most popular during the period.
One Sure buys Unicom from Tradewise liquidators
One Sure Insurance has bought the motor trade specialist Unicom Insurance brand, customer base and systems with all staff moving across as part of the deal, Insurance Age can reveal.
Blog: Chubb Masterpiece – The class of 1996
As the HNW space undergoes change with Aviva moving further into the market, HNW expert John Sims has reflected on the talented team he worked with at Chubb’s Masterpiece brand through 1996 to 2007 and asked, ‘where are they now?’
Accredited deal sees QIC exit, Policy Expert confirms
Policy Expert’s capacity deal of up to £2bn over six years with Accredited Insurance will replace its existing arrangement with QIC Europe when the current contract expires, the business has confirmed to Insurance Age.
Igo4 highlights benefits of robotic process automation
Igo4 has flagged how the implementation of robotic process automation has helped drive efficiency in the business and freed up staff to work on high value tasks over repetitive, monotonous operations.
Cyber pricing hardens over 30%, says Aon
Market conditions for cyber insurance in the UK remain challenging with prices hardening by over 30% for the first quarter, according to an update by Aon.
Policy Expert signs six-year £2bn capacity deal with R&Q Accredited Europe
Home and motor insurtech Policy Expert has agreed a six-year capacity deal with A- rated R&Q subsidiary Accredited Insurance (Europe).
Aviva grows UK GWP by 4% in Q1
Aviva has posted a 4% rise in UK gross written premiums for the first quarter of 2022 to £1.24bn but a deteriorating combined operating ratio of 99.4%.
Clegg Gifford buys ARs to expand branch network
Markerstudy-bound Lloyd’s broker Clegg Gifford is targeting a branch network of 30 and is buying up its current appointed representatives, Insurance Age can reveal.
Coplus rolls out product development platform
Coplus has targeted brokers as it launched a go-to-market platform claiming it cuts the time needed to develop ancillary products to three months.
Webinar: The transition to electric vehicle insurance
Sign up to watch this webinar which explores what brokers can do to blossom in the ever-evolving EV insurance market.
Think targeting £30m GWP within three years
Think Insurance is currently looking at two more broker buys and has set a target of £30m gross written premium by 2025, commercial director Russell Bence told Insurance Age.
Stroll MD says digital broker could be as large as AbbeyAutoline in five years
Prestige Insurance Holdings has rolled out its new digital broker Stroll Insurance offering motor insurance to customers in Northern Ireland.
Cyber hits top spot for schemes commission earnings
SchemeServe research shows that cyber has outpaced other insurance schemes with an 87% increase in commission earnings over the past six months.
Zurich UK refreshes small fleet cover for electric vehicles
Zurich UK has added new cover and wording to its small fleet policy for firms with between two and 20 vehicles.
Sam White streamlines UK businesses
Pukka and Freedom Brokers have been brought into Action 365 as the business slims structure and adopts CDL and Amazon Web Services.
Car insurance prices up 4% in Q1
A 4% rise in average comprehensive car insurance premiums in the first quarter of the year has pushed the annual rate to a 2% increase, according to research by Confused and WTW.
Financial & Legal expands product range
Managing director, Karen Beales, was brought into the insurer two years ago to develop the products it offers.
Motor insurance premiums levelled off in February
The cost of car insurance has risen by 4.3% since the start of the year, Consumer Intelligence has calculated.