Articles by Sian Barton
Germany extends passporting rights for UK insurers
The country has adopted some special provisions in case of a no deal Brexit.
Stable year for Open GI
Ebitda grows to £28.7m from £27.2m as software house notes that there was some disruption in 2018 as it sought to make operational improvements.
“Surprise” at FCA clean bill of health for “unbalanced” wholesale market
The regulator said there was room for improvement and did not take action but expert suggests brokers expected the watchdog to intervene in what is seen as an “unbalanced market”.
NIG develops Brexit stock cover extension
It has been added to a number of lines following reports about companies increasing the level of stock-piling to prepare for the UK leaving the EU.
Azur launches emerging wealth home product
The provider said the offering has been designed to help brokers compete with direct writers with quote and bind taking less than two minutes.
FCA outlines “room for improvement” in £60bn wholesale market
However, the study into it did not identify “significant areas of harm” as Biba welcomes the final report.
FCA sounds latest clone broker alarm
A warning has been published by the regulator about a clone of Protect Your Bubble, which provides gadget and jewellery insurance.
Litigation funding and ATE product launched
The proposition is available to brokers via Sybaris Legal & IP and backed by insurer Acasta Europe.
PIB Group expands into Ireland
The business now has an Irish base following the acquisition of Optis Insurance as PIB prepares for Brexit.
Staysure reveals plan to recruit 200
The over-50s travel specialist has opened new offices in Northampton as it looks to grow its workforce.
AI anti-fraud measures receive Government backing
The Government has earmarked £13m to develop professional services in the UK as it looks to tackle £3bn cost of insurance fraud.
Legal Protection Group confirms loss of Inter Hannover capacity
The legal expenses provider, which is linked to Eldon Insurance's Arron Banks, stated that new capacity would come on board “shortly”.
Towergate’s Andy Parkin resurfaces at Gauntlet
The former director for the northern region has taken up the role of sales director after a year out of insurance following becoming “disillusioned”.
Market welcomes Pool Re non-damage BI extension
The Counter Terrorism and Border Security Bill, which outlines how Pool Re can operate, received Royal Assent yesterday (13 February).
Zurich UK returns to profit for 2018
COR also improved to 94.9% on a like for like basis from 102.3% as CEO Tulsi Naidu says there is room for more improvement.
Editor's letter: February 2019
Does a flurry of activity signal a shift in the consumer insurance sector?
Greenwood Moreland buys Campbell Smith
The deal takes Greenwood Moreland to £10m of GWP annually.
FCA takes regulatory control in event of no deal Brexit
The watchdog has been granted temporary transitional power to delay changes made under the EU Withdrawal Act.
Renovation launches product for unoccupied properties
The MGA, launched last year by former Sterling head Nicholas Cooper, has designed the cover for larger residential and commercial properties.
Lisa Powis-backed broker tech platform launches
Broker Commercial & General has signed up to Iotatech’s pay-per-use platform.
Brokers call on Ageas to keep up service level following office closures
The provider is set to shut Port Solent and Stoke-on-Trent operations.
Cyber experts dispute Mactavish report
Market “utterly perplexed” by report which accused some brokers of “scaremongering” to sell products and suggested some cover did not match the needs of companies.
Allianz head of commercial motor Jon Dye leaves for QBE
He replaces Roger Ball and takes responsibility for QBE’s motor trade and motor fleet business.
Instant Underwriting launches liability scheme
The cover is available wholesale to brokers through a portal developed by SchemeServe.