Commercial
GRP buys WTW's Northern Ireland business
The portfolio will be integrated into GRP-owned ABL Group, doubling the Belfast-based broker's GWP to £107m.
Firms must respond to FCA pricing reform survey by 9 August
The watchdog, which announced new rules earlier this year, is canvassing brokers about their readiness to implement the remedies.
News analysis: Travel brokers and the challenges of Covid-19
As travel slowly starts to pick up again, Rachel Gordon investigates how specialist travel brokers have coped during the past 16 months of turmoil for this exclusive report.
Beazley report urges insurance industry to drop "one-size-fits-all approach"
The study shows it is time for a service rethink when it comes to the insurance relationship as 44% of respondents do not believe insurers understand their business.
Blog: Take flight with drones
Iprosurv's Rebecca Jones explains why drones can be a key tool in a broker's risk management and claims armoury.
FCA fines totalled £189.8m in 2020/21
The total amount fell by 15% from £224.4m in 2019/20 as the regulator also outlines its response to the pandemic and other actions taken last year in its annual report for 2020/21.
Supreme Court issues BI declarations
The Financial Conduct Authority published the document on its website alongside a table to show relevant declarations by policy type.
Verlingue UK reports growth in 2020 financial results
The broker also revealed a plan to triple its international turnover and to grow its position as a large independent European broker.
FCA Business Plan a "significant change of tone"
Industry experts say firms need to focus on fair value after the regulator reveals plans to be tough and forward-looking.
Brokers commit to flexible working model as Covid restrictions lift
Insurance Age talked to brokers to find out what their plans for returning to the office are and what long term impacts they believe the pandemic will have on working environments.
Broker NDML and night time industry agree £5.2m BI claims settlement with Hiscox
The settlement follows on from the Supreme Court judgment in the FCA's BI test case in January.
Allianz commits to continued broker focus after restructure
Provider says split into distinct personal and commercial businesses will not result in any redundancies.
DCJ Insurance acquires Real Insurance
It is the broker's second deal since it was bought by GRP in 2018.
Aioi Nissay Dowa Europe partners with ibott for shared mobility products
The collaboration is said to focus on insurance solutions for non-owned fleets in areas such as peer-to-peer vehicle sharing, on demand delivery, ridesharing, vehicle leasing, micromobility, and autonomous vehicles.
The Blog Spot: The pay as you go bonanza
Are motor brokers going to listen to their customers?
Allianz reveals restructure
The move sees Steve Treloar become CEO, Allianz Personal and Simon McGinn become CEO, Allianz Commercial, as the provider announces a number of senior exits including Sarah Mallaby, Neil Clutterbuck and Chris Little.
Hedron adds Zurich to panel
The move follows Markel joining the panel of the Global Risk Partners network last month.
FCA data shows Covid BI claims payments now total £875.5m
Updated figures reveal providers have made initial payments for unsettled claims worth £308.9m and final settlements worth £566.6m since the Supreme Court verdict in the FCA test case.
Brokers predict rise in consolidation among niche players
Research from Ecclesiastical reveals the biggest threats specialist brokers are facing as well as why they believe being niche gives them a competitive advantage over other brokers.
European Commission clears Aon/WTW merger
But the deal is still on hold as a November trial looms in the United States and the New Zealand Commerce Commission also raises competition concerns.
Motor premiums drop 8.4% year-on-year
Data from Consumer Intelligence also suggested the FCA dual-pricing regulation would see the industry experience a hard market once more.
Aston Lark buys golf specialist
Linkscover provides insurance to many golf clubs in the UK.
Partners& boss highlights advice-led focus after Kudos buy
CEO Phil Barton reveals how the recent Kudos deal came about and discusses how the purchase of a loss adjuster will enhance the broker's client proposition.
JM Glendinning targets further growth after Bickley buy
Group CEO Nick Houghton discusses how the Bickley deal came about and reveals plans to acquire 10 to 15 more businesses in the next three to five years.