Articles by Ida Axling
Simply Business reveals losses for 2017
Online broker says loss due to costs from Travelers takeover.
Aviva denies being on “big crusade on broker commissions”
Aviva MD of UK intermediaries, Phil Bayles, says distribution costs need to improve in the sector but denies there is a commission problem following dispute with GRP.
Quizzical questions: 17 August 2018
Test your knowledge of the week's news with our topical quiz.
Brokers have "heads in the sand" around succession, says Aviva's Bayles
Research from Aviva shows 9% of brokers are expected to leave the industry in the next year but only 13% of brokers have planned for their retirement.
Amazon ponders UK aggregator site - reports
Claims that the tech giant is in talks with UK insurers about the possible launch of a price comparison site hit the headlines.
GRP-owned Abbey Bond Lovis makes NI buy
Deal is GRP's third in the last month.
ERS returns to profit in H1 2018
Insurer reveals an improved COR at 96.6%, but a fall in GWP.
Turnover and profit rise at Admiral in H1 2018
UK aggregator Confused also reports growth.
Turnover up at Alan Boswell
Norfolk-based broker also reports small dip in operating profit for the year ended 31 March 2018.
Bain Capital to buy Esure for £1.2bn
Esure also reported a 12% rise in GWP, but a fall in profit for the first half of 2018.
Direct Line names new NIG MD
She takes over the role from Neil Manser.
Volante unveils second MGA - Gentium Motor
The new MGA focuses on niche motor business, led by managing director Neil Smith.
Podcast: The top five stories of the week
Siân Barton and Ida Axling discuss the most clicked on stories by brokers.
A look at Insurance Hound’s most read by brokers in June and July 2018
Which topics were grabbing attention over the summer?
L&G GI reveals loss in H1 2018 after Beast from the East hit
Insurer reports £6m operating loss and a COR of 107% as GWP rises to £193m.
AIG hires Thomas Lillelund as CEO of its European business
Anthony Baldwin, current European CEO, takes the reins of AIG's new UK entity as the provider prepares for Brexit.
Profits shoot up at Hastings in the first half of 2018
CFO Richard Hoskins says focus is on "disciplined growth" and investing in digital initiatives.
GWP and revenue fall at Ageas UK in H1 2018
Provider also posts profit increase and an improved COR of 99%.
Saffron hit by £2.6m lawsuit - report
Law360 reports that the broker allegedly failed in its duty to explain to a customer that he needed to disclose a court judgment, leading to his claim being declined.
InsurTech Futures: Harry Franks on how the sharing economy is challenging insurance
The start-up broker CEO talks to Insurance Age about technology, disruption and collaboration.
CII begins investigation into Paul Asplin after fraud conviction
The investigation has been launched despite Asplin resigning his membership last month.
Biba teams up with Tokio Marine Kiln on drone scheme
Scheme aimed at companies operating drones for commercial or business purposes.
GRP takes majority stake in Chesterfield-based DCJ
Management team and staff to remain with the broker, which has its sights set on making its own deals.
Majority of insurers silent on Biba's standardised Toba
No provider has yet committed to using it or given a timeframe for any potential implementation.