Insurer
Protectivity Insurance launches online portal
Sport and leisure specialist says portal gives brokers access to its commercial combined products.
Ageas teams up with CDL on Flood Re solution
Insurer says aim is to extend broker access to the scheme.
Losses bite at Ageas Retail after Kwik Fit closure
Shutting the Kwik Fit Glasgow office cost the business £27.2m.
Broking Break - Your Top Five
Aquisitions, profits, gadgets, people moves and complaints hit the headlines this week and make up the top five most popular stories.
New motor fleet MGA launched
TeleFleet to build offering using telematics data.
Quizzical questions: 18 August 2017
Test your knowledge of the week's news with our topical quiz.
Fiducia opens Birmingham office
The MGA has also launched a marine trades facility for the UK regional marine market.
GWP slips to $2.39bn at QBE Europe in half year results
COR, excluding Ogden effect, worsened to 91.3% .
ASA reveals insurance advertising complaints
Data shows that there have been 366 complaints so far this year but the number of year-on-year complaints is falling.
Confused.com sees profits halve for start of 2017
Admiral’s price comparison website made a pre-tax profit of £4.5m.
InsurTech Futures: Worry+Peace teams up with Flock on drone cover
The partnership follows Flock's recent tie-up with Allianz.
Ombudsman reveals slight fall in PPI cases for start of financial year
However first quarter saw rise in enquiries.
Broking Break: Your Top Five
Ageas UK, Allianz and Towergate hit the headlines this week with stories on profit and loss, concerns from brokers and a sale.
Quizzical questions: 11 August 2017
Test your knowledge of the week's news with our topical quiz.
Ogden pushes ERS to “disappointing” trading loss of £13m
The COR was reported as 107.6% and GWP also fell as CEO says the results were driven by changes outside of the insurer’s control.
Zurich UK posts half year GI loss as Ogden hits
The combined operating ratio (COR) deteriorated to 118.8%.
Charles Taylor buys HNW loss adjusting group Criterion
The deal builds on CTA’s plan to grow its presence in specialist property and casualty loss adjusting markets.
Hoskins upbeat on Hastings results
The CFO hails topline growth and “continued momentum” following the half year figures.
The Blog Spot: Taking the opportunity amid big market deals
Siân Barton believes brokers should not fear the LV/Allianz deal and argues it is a chance to mine fresh opportunities.
Ageas UK sees “modest deterioration” in commercial business
The insurer is looking to grow the account via brokers and develop schemes.
GI profits halve at L&G for start of 2017
Combined operating ratio worsens to 95%.
Profit drops 68% at Ageas UK in H1 2017
Gross written premium fell 10% in the period to €1.07bn.
Brokers concerned about reduced choice following Allianz and LV deal
However, experts also see opportunities rising from the merger.
“Business as usual” for LV and Allianz following deal
No changes for brokers until the £500m deal goes through but bosses believe the “complementary businesses” are strategically matched and LV aims to become personal lines insurer of choice for brokers.