News
Newman happy with momentum at Carole Nash
CEO silent on market rumours that the broker could be up for sale by auction.
GI profits halve at L&G for start of 2017
Combined operating ratio worsens to 95%.
Hastings shows growth in first half of 2017
The firm posted GWP growth of 28% and noted that the Ogden rate change had generated more activity for the business on aggregators.
Profit drops 68% at Ageas UK in H1 2017
Gross written premium fell 10% in the period to €1.07bn.
Slight profit fall for Carole Nash in 2016
Turnover was up to £27.5m for the full year from £26.4m in 2015.
InsurTech Futures: App designed to notify brokers of motor accidents
The designers say the app has been developed to improve information gathering after an accident and speed up any subsequent claim.
Video: A broking minute with Duncan Sutcliffe
The director of Sutcliffe & Co takes on our broking minute challenge.
Towergate chief Ross hints at Ardonagh Group IPO - report
David Ross looks at growth options for the group.
Alps unveils motorcycle personal accident product
Two types of cover with separate limits of indemnity are available to policyholders.
#Insagepeople: 7 - 13 August 2017
Keep up to date with all the latest people moves.
Seventeen Group's pre-tax profit falls 30% for 2016
Turnover increased by 24% from £10.1m to £12.6m.
NMU launches computer cyber insurance for SMEs
The new policy replaces NMUs existing computer offering.
Brokers concerned about reduced choice following Allianz and LV deal
However, experts also see opportunities rising from the merger.
Lark 2016 results show growth
Turnover and Ebitda both grew for the Lark Group holding company as it posts last set of results prior to Aston Scott deal.
“Business as usual” for LV and Allianz following deal
No changes for brokers until the £500m deal goes through but bosses believe the “complementary businesses” are strategically matched and LV aims to become personal lines insurer of choice for brokers.
Quizzical questions: 04 August 2017
Test your knowledge of the week's news with our topical quiz.
Profit down but COR improves for Allianz UK
Insurer admits there is “some way to go to fill the financial hole” left by the Ogden rate change.
Allianz and LV announce deal to create £1.7bn personal lines insurer
Allianz is set to pay LV £500m for a 49% stake in the business as a first step but will move to own 69.9% long term paying £713m in total.
Holmes praises Aviva’s UK GI organic growth
The UK GI chief says brokers were key to achieving growth in first half of 2017 along with investment into digital.
Blanc hails "strong performance" at Axa UK
Group CEO reports growth in commercial lines and healthcare, while personal lines remains "more difficult".
InsurTech Futures: iGO4 partners with CDL to launch lifestyle portfolio
The proposition will be brought to market later this year.
Axa UK posts 5% revenue growth
COR improves to 97.7%.
LV in talks with Allianz on GI stake sale
Provider confirms advanced talks with Allianz on "significant minority stake" in the business.
GWP grows to £393.3m at Esure
Profit before tax also increases 44.6% for the first half of 2017.