Insurer
Aviva to focus on commercial lines growth
Phil Bayles and Rob Townened discuss the provider's UK results, new CEO Maurice Tulloch, and future plans for brokers.
Axa puts 106 roles at risk
Redundancies likely as the insurer announces it is to open two trading centres in Bolton and Ipswich.
Dual pricing: Working group investigates loyalty penalty
The Competition & Markets Authority has set up a panel to explore how its recommendations are being implemented.
Insurance Cares: Sector commits to second Day of Giving
The Day, designed to raise funds for dementia research raised £70,000 in 2018.
#Insagepeople: 11 - 15 March 2019
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Enterprise Ogden claims hit revealed – report
The liquidator’s report has shown that bust Gibraltar insurer Enterprise must pay out £101.4m extra in claims partly due to changes to the Ogden rate.
Profit soars at Admiral in 2018
But the provider's UK household segment reports loss after weather impact.
Aviva reports UK profit rise for 2018
Combined operating ratio remained flat at 93.8%.
Hiscox and Lloyd's among new Insurtech UK members
The InsurTech body, which launched in November, has added a number of associate members and partners.
#Insagepeople: 4 - 8 March 2019
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GWP and operating profit fall at Direct Line in 2018
Broker business NIG's GWP was flat, while the number of in-force policies grew.
Industry urged to tackle dual pricing
Citizens Advice calls for dual pricing discussion to “begin from the assumption that pricing differences are unfair” at Parliamentary meeting of regulators and trade bodies.
Coversure partners with Fraser Edmond’s Broker Insights
Ninety-three offices went live on the data platform, designed to increase broker visibility among insurers, last month.
HSB unveils construction products on Acturis
Provider claims first to go live on the Acturis e-trading platform with stand-alone construction products available to brokers.
Market welcomes Tulloch to Aviva CEO role
Brokers say internal hire is positive for Aviva's future and reflects how the insurer views the general insurance sector.
GRP-owned EPUL adds non-damage BI cover to terrorism product
Move follows Pool Re’s extension of its cover to include non-damage business interruption.
Maurice Tulloch wins race to be Aviva CEO
He replaces Mark Wilson, who went on gardening leave in October last year.
Quizzical questions: 1 March 2018
Test your knowledge of the week's news with our topical quiz.
ERS drives back into full year profit in 2018
COR improved to 96.1%, while GWP fell.
FCA finalises no deal Brexit guidance
Regulator clarifies rules around Gibraltar-based firms.
Egan not happy with RSA UK results and pledges renewed broker focus
New CEO Scott Egan addresses criticism that RSA is tough to trade with and commits to making it easier for regional brokers to work with the insurer as the provider reports an underwriting loss of £106m in 2018.
Arag buys the Das Irish business
The Irish office will be managed by the UK team and the move assists with potential issues arising from Brexit.
FCA publishes Brexit guidance for general insurance firms
The regulator has issued the information for companies to use in the event of hard or soft Brexit and urged brokers to act “without delay”.
RSA reports "disappointing" 2018
The Group lamented "poor results" in its commercial lines division as the company reported further underwriting losses in its UK business.