Articles by Siân Barton
Admiral operating profit hits £379m
Profits up and motor COR improves to 81% but Confused.com sees profit fall.
InsurTech Futures: Broker innovation network launched
Worry + Peace Economy aims to take on ten ARs over the next year and announces deal with SSP.
NIG Appoints Neil Manser as MD
He will oversee broker markets and e-trade.
InsurTech Futures: airbnb-style home insurance launched
Belong Safe launches on-demand host insurance for ‘airbnb style’ home sharers.
Swinton insists it is “committed to branches”
Distribution director says branch cuts are down to customer feedback and strategic review.
FCA to issue claims ‘scorecards’
Pilot project will see general insurance firms be compared by regulator across a “small number of products”.
Plum to hit £45m GWP
Synergy acquisition by GRP-owned MGA to increase gross written premiums as Margrett looks to further expansion.
Industry welcomes “regulation heavyweight” to FCA role
Insurers broadly applaud Andrew Bailey’s appointment to the top job at the FCA, but brokers express concern over the regulator’s promotion of an “establishment” figure
Swinton to close 130 branches
Broker announces collective consultation with employees affected.
Malago sets up in South West
Newly-established broker teams up with Momentum to offer local, personal service.
CLS merges with Conveyancing Risk Solutions
Property specialists Conveyancing Liability Solutions (CLS) to merge with CRS.
Plum Underwriting buys Synergy
GRP-owned Plum Underwriting has bought HNW specialist MGA Synergy Insurance Services for an undisclosed sum.
Axa “unique” in its growth
UK CEO Paul Evans points to seven point COR improvement in five years and says he is “annoyed” by others blaming losses on December flooding.
Axa UK COR falls to 97.1%
Results for 2015 in UK and Ireland show GI and healthcare revenues up 7% to £4.1bn.
Google Compare to close down
Aggregator service is in process of winding down and due to shut on 23 March.
Bluefin creates specialty group
Broker creates a new group within specialisms division following structural review as it takes one from Towergate.
Insurer support is vital in the sub-contracting market
Phil Scarrett, sales and marketing director, ECIC examines the issues.
Brit sees profit slump
Profits down and COR rises for insurer as results for 2015 come in.
ERS targets sub-90% COR
CEO Ian Parker says broker-only strategy to remain in place.
ERS COR falls below 100%
Insurer achieves 99.8% COR in 2015 but profits slip to £6m.
Ten Insurance reports income growth
Network says income from commission and fees has increased to £9.5m.
Watson “not concerned” by Ageas results
Profits fall for 2015 but CEO says that COR would have performed 4.2% better were it not for UK December storms and floods.
Profit fall for Ageas
Insurer blames adverse weather for profit decline to £21.4m and COR which deteriorated to 102.0%.
FinTech Futures relaunches
InsurTech Futures is the new name for the campaign which aims to encourage take-up of tech and innovation in broking.