Insurer
Power hour: Motoring along
With falling motor premiums, the EU Gender Directive and telematics, personal lines brokers are facing some big changes, but there are opportunities as well. Andrew Pearce reports
ABI’s flood solution gets the nod
Government strikes provisional deal over Flood Re
Aviva to close 13 regional branches
Insurer offers additional onsite underwriters to brokers in affected areas
A great idea is no longer enough
Converting schemes concepts into real-world commercial prospects takes time and dedication, says Tony Bloomer
Polaris pulls the plug on iParc
Plans for a real-time personal lines rating hub dropped after talks break down
Market moves: Busy as a B
Overall this month it was really all about the Bs with Brit and Bluefin dominating the column inches. There has been a range of metaphors to describe the Market moves developments in the insurance industry over the years. Two prominent ones have been a…
No rest for the wicked
August is usually when we reach the peak of the silly season (if you take a positive view of it – many would term it the trough).
Allianz UK CEO "content" to see broker motor book shrink
Jon Dye, CEO of Allianz UK, has stated that the company is in “very good shape”.
Ageas UK CEO Watson commits to motor schemes market
Ageas UK CEO Andy Watson has admitted that the insurer is watching motor "very closely" as prices and profitability continue to fall.
NIG owner’s commercial COR drops to 105.3%
Direct Line Group, owner of NIG and Direct Line for Business, has reported a combined operating ratio of 105.3% for the first half of 2013, an improvement on the 112.7% in the same period last year.
Allianz delivers profit and revenue growth
Allianz Insurance has unveiled an increase in GWP to £996.3m (H1 2012: £965.1m) and an increase in profits to £86m (H1 2012: £75.3m) for the first six months of 2013.
Ageas UK enjoys 17.3% net profit rise
Ageas UK reported a net profit increase of 17.3% to £49.1m for the first half of 2013, up on the £41.9m posted for the same period of 2012.
Axa UK & Ireland reports improved half-year P&C COR
Axa UK & Ireland has delivered an improved combined operating ratio of 98.7% in property and casualty business for the first six months of 2013.
Roundtable (part 3): Can you be professional without charging a fee?
In the third of our roundtable debates on professionalism, our experts discuss fees, transparency and how to attract young talent to the broking profession
Lark completes first "significant acquisition" since Groupama MBO
Lark Group has completed its first "significant acquisition" since its management buyout (MBO) from Groupama with the capture of Surrey-based HMT Insurance Brokers.
Towergate founder Proverbs joins 1 Answer Brokerdrive board
Tony Proverbs has been appointed as non-executive director at 1 Answer Brokerdrive.
RSA's UK arm swings back into underwriting profit
RSA's UK operations swung back to making a £73m underwriting profit for the first half of 2013, reversing a £10m loss posted for the same period last year.
Insurance companies implicated in use of rogue private investigators
Ten insurance companies have been implicated in the use of the “rogue element of the private investigation industry”, according to a report from the Serious Organised Crime Agency (Soca).
Bluefin Insurance goes to Jelf for new Bristol recruit
Bluefin Insurance has appointed Andy Purnell as a client services director in its Bristol office.
Axa makes double appointment for Reading branch
Axa Commercial Lines and Personal Intermediary has made a double appointment for its Reading branch.
Broker Network & Countrywide adds Pitt to top team
Broker Network & Countrywide has appointed Richard Pitt as sales and marketing director.
LV names former Co-op chief Neave as non-exec director
LV has appointed David Neave as a non-executive director.
AmTrust strikes £56m deal for Sagicor
AmTrust Financial Services is to buy Sagicor Europe (SEL) and Sagicor at Lloyd's for £56m.
LV boss blames investment return and motor for profit drop
LV general insurance managing director John O'Roarke blamed falling investment returns and plummeting car insurance rates after the provider's operating profit dropped by a third.