Property
Gallagher buys landlord insurance specialist
Gallagher says deal to buy RGA Group will strengthen its specialism in niche property owners insurance.
ABI figures show 1,300 insurance scams a day detected in 2018
Detected dishonest claims reached a value of £1.2bn during the year.
Red Sands scoops up failed insurer Lamp’s home policies
Now4Cover has moved the customers to Gibraltar-based provider Red Sands.
Brokers monitoring capacity shortages after TMKI run-off
Although brokers are not worried by the provider going into run-off, they have concerns over tightening capacity.
GRP’s County Group purchases Eric Rawlins & Company
County's second deal in a month brings its GWP to over £100m.
PIB’s Q Underwriting develops property team
The property team is led by Damian Cannings and has been set up following feedback from brokers.
GRP-owned EPUL reveals unorthodox property risks product
The commercial property MGA said the package of covers includes liabilities involved with irregular construction or unusual occupations.
JLT Specialty launches real estate cyber product
Product will include business interruption and privacy related exposures that have resulted from a cyber attack.
Sector criticised for approach to sharing economy
Report outlines the insurance risks for customers active in hosting AirBnb guests due to gaps in cover.
Using technology to give mid-market clients a corporate insurance experience
Too large to benefit from government initiatives but too small to employ their own risk managers, mid-market businesses can inadvertently find themselves taking on unexpected levels of risk. As these businesses grow and face new and increasingly complex…
Chubb targets media industry
Insurer focuses on middle market and multinational clients.
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.
FCA insurance spend rises to £264,587 for 2018/19
The regulator stuck with Aon as its broker.
Hiscox and Stride team up to launch property owners policy
Stride will distribute the policy to brokers by delegated authority.
Stackhouse Poland buys Property Insurance Initiatives
The business has offices in London and Bordon and it's Stackhouse's fifth deal of 2018.
Ecclesiastical refreshes property investors product
New offering available from 1 January 2019.
Gallagher buys majority stake in Vasek Insurance Services
Deal is the broker's third in 2018 and follows Risk Services and Portmore.
FCA points to “remarkable” insurer failings as it launches “fundamental” market review
Chris Woolard on why the regulator felt it had to act.
Axa enters £30m partnership with Origin UW
Provider to work with the MGA on property, casualty and motor trade products.
Dual reveals product offering protection from fraudulent house sales
Policy covers fraud, forgery or impersonation by a third party purporting to be the seller, buyer or owner of a property.
Gresham launches unoccupied property product
MGA says policy was developed in response to brokers' requirements.
GRP buys U-Sure
Tenth deal this year for consolidator and 34th in total.
The stats: September 2018 - The Acturis Premium Index
The market has turned positive in all but one line, according to the latest set of Acturis stats
Beazley's pre-tax profit falls 64% in H1 2018
Lloyd's insurer hit by reserve strengthening in its property division and lower investment returns.