News
The Insurance Age Podcast: 9 August 2019
The Insurance Age team unpick the most recent and most popular stories.
Biba and ABI voice Brexit concerns at 10 Downing Street
The organisations were invited to discuss Brexit preparedness with Michael Gove at a meeting which assumed No Deal.
Broker Expo 2019: Q&A with speaker Laka's Laurence Hunter
The tech whizz who is the insurance lead at award-winning start-up InsurTech, Laka, discusses what new technologies brokers need to be aware of ahead of his InsurTech session at this year's Expo on 7 November.
Quizzical Questions: 9 August 2019
Test your knowledge of the week's news with our topical quiz.
Aviva pledges no market exits
CEO of general insurance Colm Holmes says life and GI split is going "smoothly" and discusses premium drop in "choppy" personal lines market as MD of intermediaries Phil Bayles pledges that Aviva will not exit any business lines.
Zurich's UK GI COR improves to 85.6%
The COR improved more than 9% points as UK CEO Tulsi Naidu expects to see growth stabilise going forward from efficiencies rolling through to the results.
Cyber insurance payout rates at 99%, claims ABI
The cyber insurance battlefield is far from clear as the trade body calls on the ICO to make more breach data available publicly.
Hastings profits slip in H1 this year
Results for the first half of 2019 show decreased profit and an £8.4m Ogden hit as company reports growing GWP.
Aviva UK GI profits fall in first half of 2019
Provider says results were impacted by bringing the GI business together with UK Digital, as it moves ahead with its cost reduction plan.
Brolly CEO reveals new product that counters "absurd" dual pricing practices
InsurTech Futures: Broker launches new contents policy which includes loyalty discounts.
Ageas sees H1 2019 profit rise 70% after Ogden boost
UK CEO Andy Watson says insurer is to focus on growth after restructuring and exiting unprofitable schemes, as he discusses why he does not think the government has "covered itself in glory" when setting the new discount rate.
C-Quence launches new directors and officers liability policy
InsurTech Futures: The MGA has also automated management liability policy wordings for some types of firms.
Genasys unveils online broker tool
InsurTech Futures: Software house says product enables brokers to easier embed quote and bind functionality into a third party website.
LV GI's Treloar warns of discount rate-led premium rise
The CEO blamed Ogden for the increase as he pledged commitment to UK brokers and discussed the impact of the L&G deal following LV interim results.
Bennett Christmas actively pursuing acquisitions following Ethos deal
CEO Mark Bennett reveals the broker's acquisition strategy and discusses why the business decided to sell to Ethos.
#Insagepeople: 5 - 9 August 2019
Stay up to date with the latest people moves.
Former AIG claims handler jailed for £390,000 fraud
The convicted admitted to defrauding the company in order to fund his drug habit and has been sentenced to two years in jail.
Open GI reveals B2C platform
The system is aimed at the broker market and has been designed to improve the online experience.
Digital Fineprint to tackle underinsurance in SMEs with new product
InsurTech Futures: Product will alert brokers and insurers to notable business changes that can impact pricing or risk selection.
AmTrust International buys Legal Insurance Management Group
Business will work alongside AmTrust subsidiary Arc Legal.
ERS blames COR deterioration on Ogden
Despite its Ogden woes, the motor insurer was able to post a £3.1m profit for H1 2019.
FCA warns of two Instagram-based brokers
Cheap Insurance Broker and B1 Insurance have been targeting customers in the UK without FCA authorisation.
Bennett Christmas becomes Ethos Broking's ninth regional powerhouse
West Sussex-based firm brings over £17m in GWP to Ethos, which is part of Broker Network owner Bravo Group.
Ghost broker sentenced for 18 counts of fraud
The “prolific” scammer was caught after Hastings identified a number of incepted policies in 2016.