Insurer
Brokers to benefit from L&G deal, says Allianz's Dye
The UK CEO says brokers will remain Allianz's biggest distribution channel after the deal has been completed, as it also buys the remaining stake of LV with the intention of combining the two entities.
Allianz to buy remaining stake of LVGI for £365m
The insurer will fully own the LVGI business and has spent approximately £1.08bn on it since 2017.
Lloyd's hit with further sexism claims
The market is currently in the process of a cultural overhaul but still finding itself under attack.
Allianz UK buys L&G's GI division for £242m
Provider to combine the business with LV following the completion of the deal.
LexisNexis analysis shows 1.3m motor policies were cancelled in the last year
Company says its data platform can help brokers save money by identifying customers who have a history of cancelling policies.
The Blog Spot: How much does insurance really care?
Siân Barton urges the sector to sign up to the three Insurance Cares pledges to help vulnerable customers with dementia.
FSCS to pay out £6.9m to taxi drivers affected by Alpha collapse
Organisation to refund 9,000 commercial taxi drivers who were insured by Alpha via its broker MGA Capital Underwriting Agency.
Blog: Insurance industry needs to reassess its workplace strategy
Jennifer Townsend of Knight Frank argues that it's time for the insurance industry to put its people first.
Zurich UK names Robert Kuchinski as head of commercial insurance
Kuchinski has worked in insurance for over 30 years.
Insurance Cares: Commit to three pledges to help vulnerable customers
Insurance Age has worked with Insurance United Against Dementia to develop the pledges as the CII launches a dementia friendly guide.
InsurTech Futures: Aviva, Broker Direct and CII join Insurtech UK
The trade body now has 50+ members as it seeks to become a voice for the sector.
Primary Group-owned RCH Group buys MGA incubator and insurer
CEO believes the purchase will offer the independent broker access to a broader variation of products.
Aviva set to reveal UK overhaul - reports
Speculation is mounting that the insurer is set to split its UK life and GI businesses following the appointment of Maurice Tulloch as CEO.
Direct Line founder Peter Wood sets sights on broker Pikl
The on-demand property broker, which focuses on the sharing economy, has raised £2.5m in a funding round led by Peter Wood and Esure.
Hogarth Underwriting enters liquidation amid Gable collapse
According to a final report filed by its administrators, Hogarth will now be subject to a creditors’ voluntary liquidation.
Enter the UK Broker Awards: Deadline today
Have you submitted your application to win a trophy at the UK Broker Awards 2019?
Quizzical questions: 24 May 2019
Test your knowledge of the week's news with our topical quiz.
CFC announces launch of new cyber platform
The insurer has announced that its new cyber insurance platform will launch on 1 June 2019.
Lamp’s proposed liquidation sparks debate on insurer stability and ratings
Members of the legal expenses market believe that brokers should look at more than just a firm’s rating when trying to find insurance, referencing location, stability and capital adequacy ratio.
Mactavish names all British Steel insurers
The insurers on the panel have been revealed as the insolvent business seeks to recoup a £30m rejected claim.
Mactavish chases “ultimate failure” £30m British Steel claim
Mactavish pursues Zurich, Liberty and other insurers but praises brokers involved in the case as insolvency places providers at risk of damages claim.
Brokers warned over admin fees and commission
DAC Beachcroft said analysis of FCA studies found that firms do not have sufficient focus on customers.
BGL launches new short-term motor insurance brand
It is the first on-demand product from the distributor and offers customers policies for between one hour and 30 days.
In Person: Simon Cooter and Carolyn Callan, Covéa
On the 1st May Simon Cooter effectively handed over the commercial and high net worth director baton at Covea to Carolyn Callan and became in his words ‘minister without portfolio’. At last week’s British Insurance Brokers’ Association Conference…