News
Voyager launches new expat travel insurance product
Company describes policy as chance for brokers to grab "valuable sales opportunities".
Applied Systems buys Relay Software in Ireland
Firm strikes deal with private equity house.
GRP buys BB Insure
Consolidator swoops for Lincolnshire based firm.
Gauntlet GWP grows to £21.7m
Commission and fee income is also up to £3.1m as broker says growth is down to development of AR network.
Aston Scott teams with Lutine to provide business protection cover
The agreement is effective immediately and will see Lutine's products such as key man and group life being offered to Aston Scott's SME client base.
R&Q increases capacity to £15m
The MGA has announced a three year underwriting capacity agreement which will allow it to write larger line sizes for property owners’ products.
#Insagepeople: 08 - 14 August 2016
Keep abreast of the movers and shakers in the insurance world this week.
Euna readies Manchester office expansion
The firm has also hired a new employee to boost its efforts in property and casualty.
Bristol brokers come to the aid of Allianz staff at risk of redundancy
Allianz UK CEO Jon Dye has said that the business will have completed all staff consultations by early September and remains confident that the final job loss total will fall below the 250 “worst case scenario”.
Allianz CEO Dye hails restructure "opportunities" on back of improved H1 results
The Allianz UK business has recorded an improved profit and combined operating ratio for the first half of 2016, when compared to the same period last year.
Broking break: Your top five of the week
This week's top stories include a Bollington, councils, Aviva's drop in profit and a warning that Enterprise may not be able to pay claims.
Quizzical questions: 05 August 2016
Test your knowledge of the week's news with our topical news quiz.
Voyager launches new online offering for homeowners with unspent convictions
Voyager Insurance Services has launched a facility on its WEBroker online broker platform, giving access to its ‘Fresh Start’ home insurance product to nearly 1,000 brokers.
Gocompare sees 22.3% growth in revenue on back of greater marketing spend
Esure-owned aggregator Gocompare has recorded a 22.3% growth in revenue in the first half of 2016 compared to 2015 at £72.9m(H1 2015: £59.6m).
RSA sees personal lines NWP shrink on back of broker motor withdrawal
Insurer identifies opportunities to rebuild book with Nationwide deal
Applied Systems adds QBE Mini Fleet to panel
Panel already included QBE Tradesman and QBE Property Owners.
Aviva reports fall in UKGI operating profit
Insurer reveals COR deteriorated to 95.9%.
RSA reports rising profits for first half of 2016
COR for the UK business at 94.4%.
Blanc hails “strong result” in “difficult environment”
Axa chief says she is “proud” of the performance and expects to see improvement in “under pressure” personal lines intermediary sector.
InsurTech Futures: Ageas launches ‘Tinder style’ app
The Back Me Up app targets millennials and enables them to insure three items, such as a phone, for £15 per month.
AIG reports large income fall for first half of 2016
But profits for second quarter slightly improved.
Markel International profits triple
The second quarter of 2016 results reflected strong performance from underwriting, investing and Markel Ventures operations.
Novae COR deteriorates to 96.1%
As GWP increases to £513.1m for the first half of 2016.
Tokio Marine HCC adds Office Protect cover
Product is aimed at SMEs.