Insurer
CII targeting December 2018 for chartered MGA status
Process involves Privy Council and member approval.
Simply Business reveals losses for 2017
Online broker says loss due to costs from Travelers takeover.
#Insagepeople: 20 - 26 August 2018
Stay up to date with the latest people moves.
Aviva denies being on “big crusade on broker commissions”
Aviva MD of UK intermediaries, Phil Bayles, says distribution costs need to improve in the sector but denies there is a commission problem following dispute with GRP.
Podcast: The top five stories of the week
Siân Barton and Ida Axling chat about the most popular stories to hit the headlines.
CII aiming for “relevant and diverse” Chartered Status
CII’s Steve Jenkins says the professional body is committed to Chartered and wants it to gain momentum as it seeks to add D&I to entry criteria.
Quizzical questions: 17 August 2018
Test your knowledge of the week's news with our topical quiz.
Brokers have "heads in the sand" around succession, says Aviva's Bayles
Research from Aviva shows 9% of brokers are expected to leave the industry in the next year but only 13% of brokers have planned for their retirement.
Amazon ponders UK aggregator site - reports
Claims that the tech giant is in talks with UK insurers about the possible launch of a price comparison site hit the headlines.
Blog: Escape of water – a summer time risk?
Home & Legacy’s Adrian Ewington explains how brokers can protect clients from water claims and reveals claims go up in hot weather.
CII questions future of Chartered proposition
The number of members holding chartered titles slipped in 2017.
ERS returns to profit in H1 2018
Insurer reveals an improved COR at 96.6%, but a fall in GWP.
Turnover and profit rise at Admiral in H1 2018
UK aggregator Confused also reports growth.
Broker Choice Survey: Share your views before it closes
Insurance Age is seeking broker opinion in our re-branded Sentiment Survey, which will help us select the winners of the very first Broker Choice Awards.
#Insagepeople: 13 - 17 August 2018
Stay up to date with the latest people moves.
Bain Capital to buy Esure for £1.2bn
Esure also reported a 12% rise in GWP, but a fall in profit for the first half of 2018.
Insurance membership of CII falls
The body’s annual report showed it had fewer insurance members in 2017 as spending nudges up to push forward transformation plan.
Alpha collapse: FSCS transfers 177,000 GAP policies
The regulator has worked with Premia Solutions to replace GAP policies following Alpha going into liquidation earlier this year.
Direct Line names new NIG MD
She takes over the role from Neil Manser.
Volante unveils second MGA - Gentium Motor
The new MGA focuses on niche motor business, led by managing director Neil Smith.
Insurance Cares: Insurance Day of Giving launched
PIB’s Andy Tedstone has created a charity day to raise awareness of dementia.
Podcast: The top five stories of the week
Siân Barton and Ida Axling discuss the most clicked on stories by brokers.
Quizzical questions: 10 August 2018
Test your knowledge of the week's news with our topical quiz.
L&G GI reveals loss in H1 2018 after Beast from the East hit
Insurer reports £6m operating loss and a COR of 107% as GWP rises to £193m.