News
Quizzical questions: 14 June 2019
Test your knowledge of the week's news with our topical quiz.
Momentum Broker Solutions unveils 2018 results
Network saw operating profit rise by 71%.
Elite proposes solvency scheme to avoid liquidation
Gibraltarian insurer warns liquidation would be costly for creditors and could delay claims payments.
Motor market records best year since 1985 ahead of troubled future, says EY
FCA pricing investigation and Civil Liability Act are expected to depress profitability in future years.
IFB launches counter fraud database
Platform goes live with eleven insurers and will hold industry data on suspected fraudsters and professional enablers.
Broker Network owner set to make more deals with fresh funding
Bravo Group to agree loan worth £80m earmarked for acquisitions from major bank, as the business reports growing revenues for 2018.
InsurTech Futures: Insurtech UK and the Department for International Trade join forces
A series of workstreams to promote the UK InsurTech industry have already been revealed.
InsurTech Futures: Insurance heavyweights strengthen backing of InsurTech Inzura
Phil Bunker, Michael Blaney, Julian Edwards, and Paul Cosh helped to raise an additional £1m of investment.
Konsileo parts ways with four brokers
CEO John Warburton says move is not part of a wider restructure, after four out of 18 brokers leave the start-up.
SEP Insurance chooses Applied Systems
The software package will give customers 24/7 access to policies and claims.
Our History website launched by CII
The site will display insurance books and heritage items. Concern was raised about what would happen to the CII’s artefacts when it announced it was moving from Aldermanbury in 2017.
Brokers call on HMRC to reform IPT
Broker boss wants IPT to become VAT as the industry responds to HMRC's consultation into how the IPT operates.
Two TMK executives resign amid fresh sexual harassment claims at Lloyd's
Insurer says a formal and independent investigation is underway, after reports of groping and stalking emerge.
Unrated Gefion reports losses in 2018
Danish provider received cash injection to improve its solvency ratio on 6 May.
Brightside MGA Kitsune on track to achieve £20m - £25m GWP target
MD Trevor Bowers on launching more products, working with brokers and implementing a virtual insurer model.
PIB completes £200m debt refinancing
Exclusive: CFO Ryan Brown says company is set to make more deals in the UK and Europe with fresh backing from a number of lenders.
Aviva job cuts: Mixed response from analysts
Analysts warn Tulloch may take "more radical" action if cost-cutting move fails to work as they respond to 1,800 redundancies plan.
Brokers sceptical of Aviva’s new direction
The insurer is separating its life and general insurance businesses, as well as targeting 1,800 redundancies.
#Insagepeople: 10 - 14 June 2019
Stay up to date with the latest people moves.
"Business as usual" for Allianz, LV and L&G following deals
Allianz UK CEO Jon Dye says there are no redundancy plans following the insurer's purchase of L&G GI, with the process of moving business from L&G into LV expected to take around two years.
FCA warns of clone broker
Wentworth Insurance Brokers has been cloned by fraudsters.
PIB to keep the Cobra brand
PIB CEO Brendan McManus unveils his plans for Cobra, while Cobra boss Steve Burrows discusses the sale process, competition and feedback from network members.
Podcast: The top five stories of the week
The Insurance Age team examine the most read stories for the week commencing 3 June 2019.
Quizzical questions: 7 June 2019
Test your knowledge of the week's news with our topical quiz.