Articles by Emmanuel Kenning
JLT launches “social engineering” fraud policy
Broker said move comes after demand for the cover from businesses.
Profits and policies up at esure in 2016
Combined operating ratio lifts slightly to 98.8%.
Aviva’s UK commercial lines COR hits 112.3% for 2016
Personal lines comes in at 104.6% as both lines impacted by Ogden rate change.
GI profits up at L&G for 2016
Provider posts COR of 89% - identical to 2015.
AIG prepares for Brexit with new Luxembourg insurance company
Insurer will have two European subsidiaries from 2019.
Integro UK bosses John Sutton and Toby Humphreys depart
Divisional chiefs Bob Pybus, Neil Clayton, Jason Collins and David Abraham will report to CEO Bill Goldstein.
Aston Scott buys Bell & Co in Derby
First takeover deal of 2017 for the broker.
MCE’s document reveals £10m dispute with HMRC
Tax issue flagged as being based upon an employee benefit trust.
Editor’s letter - March 2017
“For brokers… conversations with clients, who will see bills rising, are going to get even more complicated”
Video: Succession planning (5) – market dynamics
The opportunities for buyers in the regional market.
Video: Succession planning (4) – the range of funding options
The different sources of funding for MBOs or selling up and leaving the business come under the microscope.
Clear buys MPW Insurance Brokers
Biggest ever deal for Clear will see MPW’s staff and management stay with the firm.
Autonet expands into Manchester with new office
Broker recruits 80 people from Towergate’s former SBU unit.
Principal buys motorcycle book from Rampdale
Deal adds nearly 7,000 bikes to Principal’s portfolio.
Profits down at JLT in 2016
Group revenue grows by 9% to £1.26bn.
PwC warns of motor rate hikes up to £1,000 after discount rate cut
Specialists note that SMEs will also be hit by increased rates.
ABI slams “crazy” decision to cut discount rate to minus 0.75%
Trade body warns that up to 36 million customers could face higher premiums after the decision.
Insurers hit as discount rate cut from 2.5% to minus 0.75%
The new rate will be effective 20 March 2017.
Open GI posts continuing growth for 2016
Profits stable as technology provider ramps up investment.
Broking Break - Your Top Five
What insurer bosses had to say about their firm’s 2016 results, changes in technology and the Ogden rate, and a court case make up the top five.
Government to bring in fixed tariffs for whiplash pay-outs
Claims without medical evidence to be banned.
Anthony Jones Insurance Brokers switches from SSP to Applied
Kent-based broker selects TAMCloud.
Moneysupermarket's Bruce Carnegie-Brown to be next chairman of Lloyd’s
New chairman to take the position in June as John Nelson retires.
Allianz returns to sub 100% COR in 2016
Premium at insurer shrinks as profits rise.