Articles by Ida Axling
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.
Kevin Nicol leaves GS Group
He first joined the Scottish broker as MD in January 2018.
PIB buys Cobra
Deal sees premiums placed by PIB grow to £900m as Cobra's Steve Burrows steps down from CEO role but remains with the company as a consultant to "provide continuity".
Government launches IPT review
HMRC calls for evidence from the insurance sector, admitting the current IPT model can lead to “unfair tax outcomes in the insurance industry”.
Allianz unveils risk management website
The offering aims to keep brokers and their clients up-to-date with the changing risk landscape.
Brokers to benefit from L&G deal, says Allianz's Dye
The UK CEO says brokers will remain Allianz's biggest distribution channel after the deal has been completed, as it also buys the remaining stake of LV with the intention of combining the two entities.
Allianz UK buys L&G's GI division for £242m
Provider to combine the business with LV following the completion of the deal.
LexisNexis analysis shows 1.3m motor policies were cancelled in the last year
Company says its data platform can help brokers save money by identifying customers who have a history of cancelling policies.
FSCS to pay out £6.9m to taxi drivers affected by Alpha collapse
Organisation to refund 9,000 commercial taxi drivers who were insured by Alpha via its broker MGA Capital Underwriting Agency.
Aston Lark confirms Goldman Sachs investment deal
Group CEO Peter Blanc says the transaction, which is believed to be worth around £320m, will secure the broker's independence for the foreseeable future.
Three insurance firms on FSCS insolvency list
List includes payment protection specialist British Insurance which was bought by Towergate in 2008, but stopped trading in 2011.
Quizzical questions: 17 May 2019
Test your knowledge of the week's news with our topical quiz.
Home & Legacy refreshes household e-trading platform
HNW specialist says the changes, which aim to reduce time when making a quote, were made in response to broker feedback.
FCA warns of clone MGA
The regulator says fraudsters are using details of authorised companies to scam customers.
Esure hires former Aviva UKGI boss David McMillan as CEO
McMillan joins the provider from QBE and replaces Stuart Vann who left the business in January 2018.
Majority of brokers report high stress levels
Panellists urge attendees at the 2019 Biba conference to create an environment where people can talk about mental health, as Premium Credit research shows brokers expect stress levels to grow.
Aspen Risk Management to be placed in runoff
Aspen has ended its relationship with its UK MGA.
Biba names new chairman
Former Insurance Minister Jonathan Evans to succeed outgoing chair Lord Hunt of Wirral.
Acturis partners with the MGAA
Software house to provide technology solutions to MGAA members.
Insurtech Futures: Biba partners with Insurercore on networking platform for brokers
Trade body says it aims to bridge the gap between the incumbent broker and InsurTech communities.