News
Allianz UK COR deteriorates to 97.8%
Challenging fourth quarter hits the provider as operating profit falls by 35% but CEO Dye remains upbeat.
Andrew Scott joins Broker Insights as advisor
Scott, who founded Aston Scott Group, has invested in the start-up which was launched by former Aviva broker distribution director Fraser Edmond.
FCA removes Triton Insurance Brokers' right to conduct regulated business
Customers told to check the validity of their policy with their insurer.
People Moves Round-up: 17-21 February
Keep up to date with the latest market moves.
Bicycle broker Laka to expand its product range
CEO and co-founder, Tobias Taupitz, discusses the start-up's expansion plans, its "coup" to have Amanda Blanc join its board, and why he believes Laka's pooled payment calculation model should be used across the industry.
Insurance Age Podcast: 21 February 2020
The Insurance Age team talk about the top stories for the week.
Home insurance premiums increase
Effect of storms is feeding through into premium costs.
Axa XL replaces CEO
Scott Gunter, of Chubb, will take over from Greg Hendrick who is leaving.
Blog: Insurance is a trust game
Oke Eleazu, chief operating officer at Bought By Many, discusses how insurance firms and customers can build trust with one another.
Axa UK reveals revenue growth for 2019
Provider posted rising revenues in both commercial and personal lines.
Acturis expands cyber offering with Qomplx
Qomplx’s WonderCover product offers parametric cyber cover either as a standalone product or as an add-on.
Watson blames Ageas profit fall on motor book
Ageas UK CEO, Andy Watson, discusses the issues impacting the provider's 2019 results and recent changes in its broker business.
Bollington announces third deal this year
Group has added £9m GWP and 19 staff with its purchase of Midlands-based CLA (Risk Solutions).
Blog: The future of telematics
Steve Kerrigan of LexisNexis Risk Solutions outlines how telematics has changed the market and examines where this technology is heading next.
Ageas UK reveals 21% net profit fall
CEO Andy Watson says results were driven by difficulties in the motor market.
Administrator publishes Call Connection update
The business went bust in 2017 and administrators expect just £246,000 to be paid to creditors.
CII’s people lead exits after 18 years
Exclusive: Tali Schlomo left the body at the end of January.
FCA sounds alarm over Brexit, misconduct, and data usage
The regulator examined several areas of potential harm in its annual review of the general insurance sector.
QBE International posts rise in GWP but fall in underwriting result for 2019
The division, which includes its UK business, also saw an improved combined operating ratio of 95.4%.
MGAA’s Staddon announces retirement
Peter Staddon was appointed as the organisation’s first MD in 2013.
PIB buys Croydon-based BK Insurance Brokers
The broker is PIB's 26th deal and operates in the property, corporate, private clients and SME sectors.
Brokerbility has 12 new members in the pipeline
Executive chairman Ashwin Mistry says firm's income and GWP have been impacted by broker members selling up.
Bollington cuts ties with Gefion
Bollington suspends trading with the unrated Danish insurer, which has been providing capacity for its MGA, Anjuna Underwriting, since 2017.
Uinsure expands into non-standard home insurance
The InsurTech firm now provides quotes for categories including holiday homes, non-standard construction, listed buildings and homes subjected to previous subsidence and flooding.