Articles by Ida Axling
Acturis reveals profit jump in 2018
Software house set to pursue more deals as document reveals it paid £3.5m for Surrey-based ICE InsureTech in November 2017.
Lloyd's launches product innovation facility with £53m capacity
New initiative to focus on emerging risks, with underwriters from a range of different businesses taking part including Tokio Marine Kiln, Beazley and Hiscox.
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.
Profit margins for UK brokers at highest level in eight years
Figures from Plimsoll Publishing show average profit margins are 5.7% for the current year, after consistently increasing since last year.
InsurTech Futures: Artesian launches risk and compliance hub
Firm says new solution will help brokers better understand risks and spot opportunities.
Seventeen Group buys Graybrook Insurance
Specialist medical malpractice and professional indemnity broker to be integrated with James Hallam, as Seventeen group secures new funding partner.
PIB's £50m spending on brokers in 2018 revealed
Consolidator's losses increased in 2018, but turnover jumped to £106.8m as it is set to continue its buying spree after £200m debt refinancing.
InsurTech Futures: Zego to double workforce after raising $42m
Broker says one of the largest funding rounds for a European start-up will see it move into new territories and expand its bases in the UK, Ireland and Spain.
Three directors out as Policy Expert buys loss-making Sure Thing!
Adam Powell takes over as CEO as Sure Thing!’s Brendan Devine, Stevie Sutherland and Kevin Kiernan exit the business.
GRP-owned Sagars buys Thomas Cook
Deal is broker's first since it became part of GRP last year.
Elite proposes solvency scheme to avoid liquidation
Gibraltarian insurer warns liquidation would be costly for creditors and could delay claims payments.
IFB launches counter fraud database
Platform goes live with eleven insurers and will hold industry data on suspected fraudsters and professional enablers.
Broker Network owner set to make more deals with fresh funding
Bravo Group to agree loan worth £80m earmarked for acquisitions from major bank, as the business reports growing revenues for 2018.
Konsileo parts ways with four brokers
CEO John Warburton says move is not part of a wider restructure, after four out of 18 brokers leave the start-up.
Andy Fairchild joins Jensten Group
Former Broker Network boss takes on retail MD position at the business previously known as Coversure.
Brokers call on HMRC to reform IPT
Broker boss wants IPT to become VAT as the industry responds to HMRC's consultation into how the IPT operates.
Saga group CEO to retire
Provider has started the recruitment process to find a successor, as Lance Batchelor is set to leave the business in January 2020.
Two TMK executives resign amid fresh sexual harassment claims at Lloyd's
Insurer says a formal and independent investigation is underway, after reports of groping and stalking emerge.
Unrated Gefion reports losses in 2018
Danish provider received cash injection to improve its solvency ratio on 6 May.
PIB completes £200m debt refinancing
Exclusive: CFO Ryan Brown says company is set to make more deals in the UK and Europe with fresh backing from a number of lenders.
"Business as usual" for Allianz, LV and L&G following deals
Allianz UK CEO Jon Dye says there are no redundancy plans following the insurer's purchase of L&G GI, with the process of moving business from L&G into LV expected to take around two years.
PIB to keep the Cobra brand
PIB CEO Brendan McManus unveils his plans for Cobra, while Cobra boss Steve Burrows discusses the sale process, competition and feedback from network members.
Boris Johnson’s Biba pay revealed
Tory leadership hopeful was a keynote speaker at the 2019 Biba Conference in May.
Aviva to cut 1,800 jobs over three years
Provider confirms plans to separate its life and general insurance businesses in the UK as part of wider restructure to reduce costs.