Insurer
Gable suspends shares
The shares have been suspended and company confirms that CEO William Dewsall’s regulatory guarantee contribution has “significantly reduced”.
Markerstudy buys telematics firm Drivology
Company confirms push for telematics and app based business.
No takeover approach received, says Esure
Fresh speculation was sparked that company had been circled by private equity firms and overseas insurers.
Brokers welcome swell in MGA numbers
Relative ease of setting up MGAs and promoting choice in market cited as reasons for increase
Ecclesiastical unveils new HNW product
Provider aims to grow in the private client sector.
Biba: Business as usual for brokers
Steve White insists it is still “business as usual” as the sector takes stock of Brexit vote but warns regulation is here to stay.
Growth set to continue, says CDL Group MD
Gary Johnson says drop in 2015 profit was due to investment.
Hiscox launches renovation and extension insurance product
The offering can be added to an existing policy while works are taking place.
Insurance saleswoman sentenced for fraud
Former Simplyhealth employee pleads guilty to fraud by abuse of position following £31,500 commission scam.
CDL's post-tax profit down but turnover up in 2015
Software company's operating profit also rose.
Brexit will have no significant impact on business, says Aviva
The insurer insists its capital position is "resilient to market stress".
Market takes stock of Brexit vote
Calm called for as insurers insist it will be "business as usual" and Biba pledges to represent brokers in Brexit negotiations.
Brokerbility’s Mistry “surprised” by Brexit result
Brokerbility chairman appeals for calm and says brokers need to watch how the insurers will react.
Brexit: Losing passporting rights could force insurers to restructure
The loss of these rights could see insurers being forced to restructure and face large operational, regulatory and tax costs as they adapt to such a change.
Melanie Hampton delighted with Brexit result
Leave supporter Melanie Hampton says there is no reason for the strong, stable UK industry to change due to Brexit.
Business as usual, say insurers after Brexit vote
The ABI stresses the importance of "ensuring the UK remains a globally competitive place to do business".
FCA issues statement on financial regulation status after Brexit vote
Regulator monitoring developments and liaising with Bank of England.
Expertise from A-Z: Taking stock of the year so far
Six months into 2016, what have been the highs and lows for the insurance industry – and what does the rest of the year have in store?
HDI opens in Scotland with Glasgow office
Insurer appoints new senior development underwriter in expansion push.
Keep the faith
With ‘utmost good faith’ on the way out, Tony Cornell argues that it could be a case of brokers beware as they have to pay the costs of the Insurance Act
Axa UK's biggest opportunity is in broker business, says Amanda Blanc
UK & Ireland CEO plans to expand SME offering and move more into mid-market business to grow revenues.
Das launches private prosecution against Paul Asplin
Asplin called to criminal court on fraud charges as he denies charge.
Axa targets cost savings of €2.1bn by 2020
Insurer aiming for 3%-5% growth in property and casualty revenues between 2015 and 2020.
Customers losing out
The most recent wave of consolidation could lead to a revamp of commission structures, which won’t be good for brokers or their clients, says Ian Stutz