Broking Break: Your Top Five

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Ageas UK, Allianz and Towergate hit the headlines this week with stories on profit and loss, concerns from brokers and a sale.

5. Ogden pushes ERS to “disappointing” trading loss of £13m

ERS has reported a trading loss of £13m for the first six months of 2017, compared to a profit of £7.2m for the same period last year.

The combined ratio was 107.6% and GWP also dropped from £221.2m last year to £212.6m.

Last year for the full year the insurer reported a small profit of £1.7m and a COR of 102.3%.

 

 

 

 

4. Profit drops 68% at Ageas UK in H1 2017

Ageas UK has reported a 68%

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Meet the MGA: Ventis

With a ‘breath of fresh air’ Latin-inspired name, CEO Gareth Roberts, pictured second right, explains why Ventis’ USPs of rapid service and sector expertise are helping it gain traction in the real estate market.

Interview: Henry Topham, Allianz

As Allianz rebrands its digital motor insurance product Flow, Insurance Age caught up with managing director of UK retail Henry Topham to hear about his route into insurance and what benefits brokers get from the provider’s omni-channel approach.

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