Motor
Interview: Paul Harvey, Adiona
New motor provider Adiona's founder and CEO tells Insurance Age about his plans for the business and why it will be looking to work with brokers in the future.
Saga takes pricing director from WTW
Graham Wright joins from Willis Towers Watson where he is currently a senior director.
Saga reports loss after tax of £3.1m
Interim results for H1 2021 highlight group loss but directors flag “robust” numbers as the business looks to recover from £57.1m loss in the same period last year.
Allianz updates fleet products to include electric vehicles
Provider says cover includes third-party liability during charging, as well as damage cover for cables, connectors and electric wallboxes.
Lucida names broking division CEO
Simon Pearce joins the business which includes Right Choice, Moorhouse Group and Bennetts, as Insiyah Davenport also comes on board as group chief risk officer.
Mulsanne v Marshmallow trial to begin on 15 November
The insurer has accused Marshmallow of misusing confidential information and stealing trade secrets. Marshmallow has denied the claims.
Zurich agrees £700m capacity deal with A-Plan's KGM
The deal means that Zurich will provide solus capacity to KGM for the next five years.
Usage-based motor insurer, Adiona, launches
Penny Searles, of Wunelli and Smartdriverclub, is on the advisory board of the Gibraltar-regulated entity which has said it will work with UK brokers.
Video: Activate Group Q&A: what brokers should be looking for in an accident repair partner
Pete Thompson talks to Insurance Age about why brokers should be considering working with an accident repair business, and his employer Activate Group specifically.
Interview: Cuvva's Andy Tomlinson
Cuvva COO Andy Tomlinson talks about the company's evolution, the rise of on-demand products and the broker's plans for the future.
Lucida on track to make deals following rebrand
In an exclusive interview with Insurance Age, group CEO Mike Joseph discusses the creation of the new broking group and its plans for the future.
Right Choice Holdings rebrands as Lucida
Move creates a new broking group which includes Right Choice Insurance Brokers as well as recently purchased brands such as Bennetts and Moorhouse Group.
PIB buys Simply Insurance Services
The broker said the deal would bulk up its motor offering as it also reveals it is retiring the aQmen, TFP Schemes and Thistle brands which form its Q Underwriting division.
Got You Covered targets further growth in non-standard market
CEO Robert Leigh and commercial director Adrian Barbrooke tell Insurance Age about the company's origins and detail their plans for the future.
FCA updates dual pricing rules
Regulator releases policy statement with updates and clarifications to its GI pricing rules following feedback, but highlights that the changes do not affect its desired outcomes.
Endsleigh confirms redundancy consultation
The broker has opened a 30-day consultation as it prepares to transfer some of its business to owner A-Plan.
Flock reveals expansion plans as it looks to grow in the broker space
Chief revenue officer, Christen Smith, tells Insurance Age about the drone specialist's plans for growing its broker network and launching new products.
Insurance premiums drop 16.9% for young van drivers
But data from Consumer Intelligence also shows that van drivers under 25 pay over 3.5 times more for their insurance compared to other demographics.
Insurance Hound: Most read by brokers in June and July 2021
Which trending topics have caught brokers’ eyes this summer?
Admiral profit soars by 76% in first half of 2021
COR improved to 75.2%, while its lockdown rebate cost the provider £21.1m during the six-month period.
Ageas reports COR of 96%
The insurer also delivered a 30% increased profit after tax for the first half of 2021.
MCE appoints QBE's Paul Ormiston as claims director
The motorbike specialist said the decision to create the new role at board level signals MCE’s ongoing commitment to customer-centric digitisation.
Right Choice buys Moorhouse
The move follows deals to buy Bennetts and the brands Autosaint, Ladybird and First Van.
Allianz Holdings reveals drop in GWP in first half of 2021
Provider points to continued impact from Covid-19 as well as competitive market conditions and the run-off of certain portfolios as it also reports a COR of 91.7%.