Motor
Brokers call on Ageas to keep up service level following office closures
The provider is set to shut Port Solent and Stoke-on-Trent operations.
Allianz head of commercial motor Jon Dye leaves for QBE
He replaces Roger Ball and takes responsibility for QBE’s motor trade and motor fleet business.
Court case highlights abuse of on-demand motor apps
Broker Cuvva says it's working with the police after uninsured driver tries to buy insurance through the Cuvva app after being pulled over.
Cost of motor cover falls says ABI
Association’s Premium Tracker says that actual cost of cover dropped despite an average rise in premium paid in Q4 last year compared to Q3.
Ageas and Vauxhall partnership deal ends
Agreement to provide motor insurance products to Vauxhall's UK customers has been in place since 2011.
Biba renews GAP scheme with Jackson Lee Underwriting
Partnership extended for a further three years.
Markerstudy to use Co-op’s brand after deal
Business takes on £70m of Co-op’s debt in first buy since being bought by Qatar Re.
AA reports first rise in car premiums for nearly two years
Figures for Q4 2018 show 2.7% uptick.
Markerstudy buys Co-op underwriting in £185m deal
Businesses also sign 13 year agreement for motor and home insurance distribution.
Accident Exchange rebrands as AX
The move includes subsidiaries DCML, In-Car Cleverness and APU.
Shuker and Barton reveal details of deal
Shuker’s A-Plan has taken on the personal lines business for Jelf and Barton explains that moving the business to call-centre focused broker would have been a “retrograde step”.
Be Wiser slams unrated insurers as it posts loss for 2018
Boss Mark Bower-Dyke says results were impacted by poor market conditions and unrated insurers charging low prices.
Brightside MGA Kitsune launches
The broker originally planned to go live with the MGA, which is targeting £20 - £25m GWP in the first year, in September 2017 but it was delayed due to changes to the Ogden rate.
Jelf transfers personal lines business to A-Plan
Business from 26 Jelf branches has been moved to A-Plan with 59 Jelf staff redeployed to other roles within the Marsh-owned broker and 19 people joining A-Plan.
Granite to remain focused on organic growth
The business is not looking to buy following investment from Inflexion.
Home & Legacy adds motor to e-trading platform
HNW specialist says refreshed product will deliver quotes to brokers faster.
Inflexion takes minority stake in Granite Underwriting
Granite, which sits behind Acorn Insurance, specialises in niche motor cover.
Broker Direct expands product set
New EDI offerings for car, commercial vehicle and home.
UK insurance industry paid out £55bn in 2017
Sector also made a contribution to the UK economy worth £29.5bn and paid close to £12bn in taxes, according to the ABI.
InsurTech Futures: Brolly unveils new feature to streamline insurance products
According to the company British consumers spend on average £180 per month on insurance.
Gibraltar-based Horizon Insurance declared in default by FSCS
Company closed to new business at the end of 2016 but 1,700 UK customers may still be affected.
ABI responds to CMA’s pricing investigation
Competition watchdog criticised the sector and called for pricing intervention options.
Insurance in the firing line as CMA calls for pricing intervention to be on the agenda
Competition watchdog responds to Citizens Advice super-complaint.
FCA insurance spend rises to £264,587 for 2018/19
The regulator stuck with Aon as its broker.