Insurer
Inga Beale to leave Lloyd’s
CEO will depart in 2019 after five years in the role.
Broking break - Your top 5
The five most read stories of the week include news about products, aggregators and Folgate, as well as a blog from Huw Evans and the UK Broker Awards 2018 shortlist.
Insurance Cares: Anyone can be vulnerable
Caroline Wayman, of the Financial Ombudsman Service, explains how anybody can become vulnerable and calls on the market to drive awareness.
Quizzical questions: 29 June 2018
Test your knowledge of the week's news with our topical quiz.
The Blog Spot: Doubling down on dual pricing
The ABI highlighted its work around dual pricing this week. Siân Barton supports the crackdown by Biba and the ABI, particularly how it could help vulnerable customers.
aQmen refreshes faith insurance policy
The PIB-owned underwriter first introduced the cover in 2015 and has added cyber loss recovery plus a number of features to the policy.
Best year for UK motor insurance market since 1994, says EY
Research shows second best underwriting result since records began in 1985.
APC’s Russell hails Folgate’s market return
The insurer is set to write business lines including property, liability, warranty and PI and is targeting £50-60m GWP by January 2019.
Folgate to start writing business again
The Folgate business will be underwritten by its owner APC Underwriting.
ERS offers specialist motor breakdown cover
The product has been designed for people with “non-everyday” vehicles and is only available through brokers.
#Insagepeople: 25 - 29 June 2018
Stay up to date with the latest people moves.
Report suggests Amazon could expand Protect product
However CB Insights said that Amazon acting as more than a distributor in the home market was “unlikely”.
Paragon partners with AIG on exclusive wholesale solicitors PI offering
New arrangement designed for two and three partner solicitor practices in England and Wales.
Former Aspen CEO Stephen Postlewhite joins QBE
He has taken the deputy global chief underwriting officer role at QBE Re and will begin the job in November this year.
InsurTech Futures: LexisNexis rolls out software to tackle ghost broking
Service also aimed at preventing fronting on motor quotes.
Broking Break - Your Top 5
Three stories dominated this week - Allianz's acquisition appetite, MS Amlin's household exit and Grahame Chilton's planned move away from Gallagher.
Quizzical questions: 22 June 2018
Test your knowledge of the week's news with our topical quiz.
Kevin O’Neill to lead Allianz branch in Glasgow
Stephanie Ogden leaving to work in Lloyd’s.
Blog Spot: Will Allianz end up with takeover indigestion?
The Sunday Times led the way this weekend with the news that Allianz is surveying the insurer smorgasbord and keen to fill its plate.
Bank of England has spent over £1.5m on GDPR
Freedom of Information request reveals a budget of nearly £2.5m.
MS Amlin pulls out of UK household
Renewals were offered until 31 May 2018.
Aviva and RSA silent on Allianz buy speculation
Aviva and RSA saying nothing on rumours they are targets for Allianz as analyst says a big UK deal would make sense for the German insurer.
Axa steps in to provide capacity for GRP hub Greens
The move follows Aviva cancelling agency with all GRP brokers.
Aviva or RSA named as Allianz targets – reports
Global Allianz CEO, Oliver Bäte, is keen to make a large UK acquisition according to market rumours.