Commercial
Blog: Why customers are missing out on vital protection
Arc Legal's Tim Mullin discusses why the industry needs to reframe legal expenses insurance and explains what role brokers have to play to help customers.
Flock reveals expansion plans as it looks to grow in the broker space
Chief revenue officer, Christen Smith, tells Insurance Age about the drone specialist's plans for growing its broker network and launching new products.
Insurance premiums drop 16.9% for young van drivers
But data from Consumer Intelligence also shows that van drivers under 25 pay over 3.5 times more for their insurance compared to other demographics.
Talbot Jones buys March Insurance Services
The Gateshead-based broker, specialising in third sector and small business risks, says the acquisition will help the family firm expand its national reach.
Clear reports increased turnover in 2020 results
The broker says the business plans to continue to develop its expertise in areas such as property and construction as well as expanding into new markets.
Aston Lark Ireland buys again
Deal for Dublin-based Brassington Insurance is consolidator's sixth in the Republic of Ireland this year.
Jackson Lee launches business travel scheme
The MGA revealed that the new policy, which includes a Covid-19 cancellation feature, allows brokers to build flexible, customised travel cover for clients.
Covid BI claims payments near £1bn
FCA figures show interim payments of £331.2m and final settlements of £636.7m have been made since the Supreme Court verdict, with the number of policyholders waiting to hear whether their claim is valid going down to 6,073.
Gallagher signs reshaped $3.25bn Willis Re deal
The broker is to buy the WTW treaty reinsurance operations following the collapse of the original deal.
A-Plan sets sights on commercial market
The High Street business, primarily known for personal lines, is targeting to become a top ten commercial broker. Head of the unit, Richard Easterbrook tells Insurance Age about the plans.
Zurich UK reports £265m operating profit
GWP in property & casualty went up to £1.5bn for the first half of 2021.
“Best result in a decade” for Aviva GI
Focus on simplification, digitisation and broker relationships drives growth for the insurer.
Aviva GI delivers COR of 91.6%
The division showed significant improvement in performance compared to the first six months of 2020.
The FCA piles on the pressure
News analysis: As the regulatory watchdog bares its teeth in its new business plan, are brokers ready to come to heel? Rachel Gordon investigates.
Ageas reports COR of 96%
The insurer also delivered a 30% increased profit after tax for the first half of 2021.
Pikl teams up with Esure and Sheila's Wheels
The sharing economy start-up has signed a distribution deal with the providers.
Willis: Predator or Prey?
News analysis: Following the Aon/Willis Towers Watson deal collapse David Worsfold explores if WTW will turn hunter or hunted amid the fallout from the failed $30bn deal.
Right Choice buys Moorhouse
The move follows deals to buy Bennetts and the brands Autosaint, Ladybird and First Van.
Allianz Holdings reveals drop in GWP in first half of 2021
Provider points to continued impact from Covid-19 as well as competitive market conditions and the run-off of certain portfolios as it also reports a COR of 91.7%.
MBO for Blythin & Brown
Shawbrook Bank supported the venture with a commercial loan.
Government finally delivers £750m event insurance scheme
The industry was forced to cancel a raft of events including Glastonbury Festival, Boomtown and Womad after insurers backed away and the government dragged its feet on delivering alternative cover.
NIG grows 16.4% in H1 2021
Direct Line Group reported that its commercial division, including NIG, delivered an increased operating profit of £43.6m.
RSA posts loss for first half of 2021
Following its takeover by Intact, RSA's UK, Ireland, Europe and Middle East operations also reports gross written premiums of £2.3bn.