Insurer
Discount rate review set to begin
Lord Chancellor and Justice Secretary David Gauke will announce the move later today, with a decision on the rate to follow on or before 5 August.
CFC unveils pollution liability product suite
Policies cover risks including environmental and natural resource damage and is available to SMEs and contractors.
#Insagepeople: 18 - 22 March 2019
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Ageas redundancies confirmed
Following a consultation about the closures of Port Solent and Stoke-on-Trent centres Ageas expects 430 redundancies.
Broker distribution could be powerful for us, says Neos’ Matt Poll
Connected home provider is working with Aviva to create a home proposition for brokers, following the insurer taking majority stake in the InsurTech start-up.
Quizzical questions: 15 March 2019
Test your knowledge of the week's news with our topical quiz.
Insurance Hound: Most read by brokers in January and February 2019
Which topics have been sparking brokers’ interest?
SchemeServe develops claims tool
The feature is for delegated authority claims and available to brokers.
InsurTech Futures: Board launches legal kit for start-ups
New UK Insurtech Board aims to help start-ups partner with incumbent insurers and brokers.
Blog: Brokers need to seize the opportunities in cyber
Michael Whitfield from CPP UK discusses why brokers should be moving cyber risk up the agenda for their SME customers.
Government to launch operational review of IPT
Insurance industry welcomes review into fairness and efficiency of IPT, but the ABI pledges to continue its campaign to keep the rate from increasing further.
Sector criticised for approach to sharing economy
Report outlines the insurance risks for customers active in hosting AirBnb guests due to gaps in cover.
Aviva to focus on commercial lines growth
Phil Bayles and Rob Townened discuss the provider's UK results, new CEO Maurice Tulloch, and future plans for brokers.
Axa puts 106 roles at risk
Redundancies likely as the insurer announces it is to open two trading centres in Bolton and Ipswich.
Dual pricing: Working group investigates loyalty penalty
The Competition & Markets Authority has set up a panel to explore how its recommendations are being implemented.
Insurance Cares: Sector commits to second Day of Giving
The Day, designed to raise funds for dementia research raised £70,000 in 2018.
#Insagepeople: 11 - 15 March 2019
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Enterprise Ogden claims hit revealed – report
The liquidator’s report has shown that bust Gibraltar insurer Enterprise must pay out £101.4m extra in claims partly due to changes to the Ogden rate.
Profit soars at Admiral in 2018
But the provider's UK household segment reports loss after weather impact.
Aviva reports UK profit rise for 2018
Combined operating ratio remained flat at 93.8%.
Hiscox and Lloyd's among new Insurtech UK members
The InsurTech body, which launched in November, has added a number of associate members and partners.
#Insagepeople: 4 - 8 March 2019
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GWP and operating profit fall at Direct Line in 2018
Broker business NIG's GWP was flat, while the number of in-force policies grew.
Industry urged to tackle dual pricing
Citizens Advice calls for dual pricing discussion to “begin from the assumption that pricing differences are unfair” at Parliamentary meeting of regulators and trade bodies.