Motor
SSP adds Percayso Inform to platform
The software house said it made the move to broaden its data enrichment capabilities.
Admiral reports increased profit and turnover
Profit before tax hit £769m, a 26% uptick on the 2020 result as it flags plan to move into small business insurance.
Amanda Blanc confirms Aviva move to 80 Fenchurch Street
Relocation plans revealed as Aviva reported GWP of £8.8bn for the full year 2021.
FCA dual pricing rules drive biggest monthly premium jump in eight years, says Consumer Intelligence
Average premiums for home insurance rose 9.1% in January while motor was up 4.9%, according to the specialists.
EV charging product launched
Recharge Rescue has developed a product, which can be sold via brokers, to help EV drivers if they run out of power.
Pikl reveals £100m GWP ambition
CEO Louise Birritteri told Insurance Age that the company was also preparing to expand into the shared mobility space this summer.
Axa UK & Ireland P&C revenue rises as COR improves in 2021
The provider’s revenue in the region increased overall in the past 12 months as commercial grew but personal lines shrank.
Ageas investing in digital to win with brokers, says Middle
The provider has teamed up with EIS, Amazon Web Services and Willis Towers Watson on a range of initiatives.
MGA evolution can support broker independence, says Pro Global’s Danny Maleary
MGA leader assesses opportunities for brokers, changes in capital providers backing risks, market consolidation and the sector’s expansion.
Profits up at Ageas UK but income and COR slip in 2021
Insurer saw growth in home business but motor gross written premium fell to £676.5m.
Jackson Lee highlights EV as "growing opportunity" for brokers with new launch
Jackson Lee Underwriting has launched electric vehicle early termination cover for companies participating in salary sacrifice schemes, as part of a wider push into the EV space in 2022.
Allianz focused on growth in 2022, says Holmes
Insurer posted a 9.4% rise in operating profit to £318m for 2021 but recorded a 3.2% fall in gross written premium to £3.8bn.
Axa launches EV fleet product
The insurer cited an increase in electric vehicle sales and the ability to offer a greener fleet option to businesses among the reasons for the move.
Allianz posts improved operating profit for 2021 but GWP slips
The provider reported a 3.2% decrease in GWP to £3.8bn.
High Court rules against Marshmallow on Toba breaches and confidential information misuse in Mulsanne case
The judge has not ruled on compensation with this case focused solely on liability.
ThingCo expands into Northern Ireland with broker deal
The telematics provider has sealed a deal with independent broker association Provincewide.
Opinion: LV's Mike Crane considers the future for personal lines
LV Broker’s Mike Crane reflects on the impact of consolidation, pricing practices, trust and asks if brokers are well placed to take advantage of the developments
Devitt deal adds fresh specialism to Gallagher portfolio
Retail CEO, Michael Rea tells Insurance Age that its buy of the motor specialist has been in the offing since last summer as he targets further deals.
Gallagher buys Devitt
MD William Hughes and finance director Tony Chapman will remain with the motorcycle specialist following completion.
Freeway announces £250m deal with Sabre
The deal will stretch over five years and will see Sabre become an exclusive underwriting partner for Freeway’s MGA portfolio.
In Person: Emma Rawlinson, Atlanta CEO
Rawlinson tells Insurance Age about taking over the reins from Ian Donaldson and discusses the broker's acquisition plans and the "volatile" personal lines market.
Complete Cover Group confirms potential job losses
Motor broker says it is reviewing its approach "in line with wider market changes".
Pen extends links with QBE for £300m capacity deal
The long term agreement is for three years and covers a range of sectors.
First Underwriting eyes £130m GWP
The MGA is also looking to expand into fresh product lines following its £1bn capacity deal with Accredited.