Commercial
Commercial business switch from LV to Allianz begins on Monday
Boss Jon Dye silent on future potential acquisition targets.
Podcast: The top five stories of the week
Emmanuel Kenning and Jonathan Swift share their views on the most clicked on articles by brokers.
Operating profit rises at Allianz as COR improves in first half of 2018
GWP flat as business transfers to LV.
Commercial lines firing for Aviva and broker partners, says Bayles
Insurer’s leaders keen on further schemes growth as they report progress in personal lines.
RSA UK posts £39m underwriting profit
COR also improved to 97.0% despite costs arising from the ‘Beast from the East’ but group results are “below ambitions”.
Axa growth driven by commercial
Interim CEO says positive commercial performance was down to broker channel and reveals incoming CEO Claudio Gienal sees the value of UK broker market.
Axa UK & Ireland revenue grows to £2.5bn
COR improves to 97.2%.
GI operating profits fall at Aviva UK
Insurer’s UK COR for the first six months of 2018 slips to 94.3%.
No consolidation spree for Verlingue after ICB deal
Finch and ICB bosses hail “fabulous” opportunity for like-minded businesses.
ICB Group joins Verlingue
Addition triples Verlingue’s size in UK market.
GRP takes majority stake in Chesterfield-based DCJ
Management team and staff to remain with the broker, which has its sights set on making its own deals.
Hiscox predicting cyber and security policies expansion in 2018
SME remains a growth “engine” for the provider.
Arnott Marine launch wine industry product
The cover includes cargo and stock throughput.
Hiscox posts rising premium and profit for start of 2018
Insurer planning for “muted” growth from brokers.
UK SME not a priority for JLT
CEO Dominic Burke says the business is focused globally as it plans for a no deal Brexit.
Aston Lark posts rising revenue and Ebitda after merger
First set of figures for combined group.
Kingsbridge promotes Thomas Wynne to KCI MD
Firm makes three management appointments.
Hiscox appoints Ben Horton from Zurich as UK CUO
Insurer creates new role after recent management changes.
GRP’s County Group buys Guardian in "first of many" deals
The deal sees County take a major stake in the business and was for an undisclosed sum.
Finch Insurance Brokers returns to profitable growth in 2017
MD Mike Latham still targeting £10m income by 2020.
Broking Break: Your top 5
The most clicked articles by brokers this week included a court case decision, Covéa office closures, two stories about Axa and an opinion piece on MGAs.
Seventeen buys marine specialists Everards
Broker's fourth deal of 2018.
InsurTech Futures: Lloyd’s launches new digital platform
Lloyd’s Bridge to work as online matching service between coverholders and underwriters.
Nexus deal could be “weeks rather than months”
MGA confirmed potential sale process at the start of the year.