News
PIB's £50m spending on brokers in 2018 revealed
Consolidator's losses increased in 2018, but turnover jumped to £106.8m as it is set to continue its buying spree after £200m debt refinancing.
Government revives further regulation of aggregators
The government referenced a 2017 study into digital comparison tools by the CMA.
Insurers could face fines for £4bn dual pricing "rip off"
The government is set to give the Competition & Markets Authority power to bypass the courts and fine firms that exploit loyalty.
InsurTech Futures: Zego to double workforce after raising $42m
Broker says one of the largest funding rounds for a European start-up will see it move into new territories and expand its bases in the UK, Ireland and Spain.
#Insagepeople: 17 - 21 June 2019
Stay up to date with the latest people moves.
Hiscox creates Cyber Exposure Calculator
Online tool can calculate the value of a firm’s data.
Three directors out as Policy Expert buys loss-making Sure Thing!
Adam Powell takes over as CEO as Sure Thing!’s Brendan Devine, Stevie Sutherland and Kevin Kiernan exit the business.
Cyber and HNW: What do brokers need to know?
Sign up to our webinar, which takes place on 18 June, to learn how cyber issues impact on wealthy customers and find out from the experts what brokers need to do to assist their clients.
Zurich-owned N&G launches new small craft product
Policy covers small sailing boats, dinghies, motorboats and speedboats and is available for brokers to sell.
GRP-owned Sagars buys Thomas Cook
Deal is broker's first since it became part of GRP last year.
Markel launches tech sector proposition
Solution is aimed at start-ups, new and established SMEs within the technology, IT and communications and medical technology market.
Quizzical questions: 14 June 2019
Test your knowledge of the week's news with our topical quiz.
Momentum Broker Solutions unveils 2018 results
Network saw operating profit rise by 71%.
Elite proposes solvency scheme to avoid liquidation
Gibraltarian insurer warns liquidation would be costly for creditors and could delay claims payments.
Motor market records best year since 1985 ahead of troubled future, says EY
FCA pricing investigation and Civil Liability Act are expected to depress profitability in future years.
IFB launches counter fraud database
Platform goes live with eleven insurers and will hold industry data on suspected fraudsters and professional enablers.
Broker Network owner set to make more deals with fresh funding
Bravo Group to agree loan worth £80m earmarked for acquisitions from major bank, as the business reports growing revenues for 2018.
InsurTech Futures: Insurtech UK and the Department for International Trade join forces
A series of workstreams to promote the UK InsurTech industry have already been revealed.
InsurTech Futures: Insurance heavyweights strengthen backing of InsurTech Inzura
Phil Bunker, Michael Blaney, Julian Edwards, and Paul Cosh helped to raise an additional £1m of investment.
Konsileo parts ways with four brokers
CEO John Warburton says move is not part of a wider restructure, after four out of 18 brokers leave the start-up.
SEP Insurance chooses Applied Systems
The software package will give customers 24/7 access to policies and claims.
Our History website launched by CII
The site will display insurance books and heritage items. Concern was raised about what would happen to the CII’s artefacts when it announced it was moving from Aldermanbury in 2017.
Brokers call on HMRC to reform IPT
Broker boss wants IPT to become VAT as the industry responds to HMRC's consultation into how the IPT operates.
Two TMK executives resign amid fresh sexual harassment claims at Lloyd's
Insurer says a formal and independent investigation is underway, after reports of groping and stalking emerge.