News
A-Plan buys Oliver & Sanders
Broker keeping both offices in Andover and Frome.
#Insagepeople: 26 - 29 March 2018
Keep up to date with all the latest people moves.
Software house Genasys targets brokers as it opens UK office
South African firm aims to "shake up" the market for UK software houses.
FSCS paid claims of £16.5m to former Gable policyholders in 2017
The bankrupt insurer had 60,000 UK policyholders and was working with 12 brokers in UK.
Podcast: The top five stories of the week
Ida Axling and Emmanuel Kenning review the best read stories of the week.
Quizzical questions: 23 March 2018
Test your knowledge of the week's news with our topical quiz.
CII confirms move to 21 Lombard Street
Body to move from the Aldermanbury building in June.
Aviva backtracks on preference share cancellation plans
U-turn follows criticism from investors and enquiries from the FCA.
Meet the techies: Stephen Marshall
Insure Apps managing director Stephen Marshall urges brokers to be innovative and embrace InsurTech.
ICO boosts data protection staff ahead of GDPR
FOI reveals 20% increase in numbers after ICO described being unprepared as its “largest single risk”.
Covéa Insurance launches Excel Business Combined
Move comes after pilot project with brokers.
Sabre posts rising GWP and underwriting profit for 2017
First results since motor insurer began trading on the London Stock Exchange on 11 December 2017.
FCA publishes Supervision and Enforcement documents
Regulator aims to provide transparency on its thought process and decision-making.
Applied highlights new Epic features
The product has seen SMS texting and renewal management capability added to the platform.
Lloyd’s slumps to £2bn loss for 2017
COR deteriorates markedly to 114% in first loss for six years.
Biba strikes Brexit deal with Worldwide Broker Network
The new agreement, designed to help UK brokers with EU clients, will see Biba members introduced to Worldwide Broker Network members in EU states.
#Insagepeople: 19 - 25 March 2018
Keep up to date with all the latest people moves.
Claimant lawyers hit out at government’s discount rate reform
Lawyers say the legislation will “severely impact the seriously injured” after Civil Liability Bill is introduced in the House of Lords.
Insurance industry welcomes Ogden rate reform
Industry players expect new Civil Liability Bill to lead to a positive discount rate with some predicting a rate of between 0-1%.
Lorega adds to SME cyber product range
The products now include an expert telephone helpline to assist businesses following a data breach or cyber-attack.
Pen Underwriting makes 11 redundant at Chelmsford office
The redundancies are from the schemes side of the business.
Discount rate reform unveiled by the government
Justice Secretary David Gauke to introduce the Civil Liability Bill, which includes changes to how the Ogden rate is set.
Warning: Insurance Age will be hacked
But don’t worry, it is a simulation to highlight the complexities around cyber security and explain what brokers can do to assist their clients. Join us on 26 April for the full story.
Meet the techies: Tobias Taupitz
Tobias Taupitz, CEO and co-founder of start-up bike insurer Laka, tells us how brokers can benefit from InsurTech.