News
Brokers cautiously optimistic about Allianz's L&G GI buy
Experts say deal is "good fit", despite the possibility of it limiting choice in the market.
PIB buys Cobra
Deal sees premiums placed by PIB grow to £900m as Cobra's Steve Burrows steps down from CEO role but remains with the company as a consultant to "provide continuity".
Government launches IPT review
HMRC calls for evidence from the insurance sector, admitting the current IPT model can lead to “unfair tax outcomes in the insurance industry”.
Allianz unveils risk management website
The offering aims to keep brokers and their clients up-to-date with the changing risk landscape.
Glasgow’s Blackford buys customer book worth £3m from TL Dallas Edinburgh
Broker opens a new office in Fountainbridge, Edinburgh, to accommodate its expansion, led by former Central-man, Tom Aldridge.
Internal audit good practice guide launched for brokers
The Society of Insurance Broking has developed the guide which outlines regulatory rules.
Reid French exits CEO role at Applied Systems
Taylor Rhodes will be the software house’s new chief executive.
Gallagher completes acquisition of JLT’s aerospace operations
Purchase will mean JLT's 250-person global aerospace team will be transferred to Gallagher.
Tasker Insurance to drop Hobbs brand in future
Firm completes acquisition to work on its expertise in specialty markets.
Lamp enters liquidation following Supreme Court decision
The Official Receiver has appointed Grant Thornton's Gibraltar office to manage the liquidation.
Tasker completes second deal of 2019
The business bought Hobbs Broking, a Leicestershire-based firm, specialises in the life sciences and technology sectors.
Quizzical questions: 31 May 2019
Test your knowledge of the week's news with our topical quiz.
Brokers to benefit from L&G deal, says Allianz's Dye
The UK CEO says brokers will remain Allianz's biggest distribution channel after the deal has been completed, as it also buys the remaining stake of LV with the intention of combining the two entities.
Allianz to buy remaining stake of LVGI for £365m
The insurer will fully own the LVGI business and has spent approximately £1.08bn on it since 2017.
Lloyd's hit with further sexism claims
The market is currently in the process of a cultural overhaul but still finding itself under attack.
Allianz UK buys L&G's GI division for £242m
Provider to combine the business with LV following the completion of the deal.
LexisNexis analysis shows 1.3m motor policies were cancelled in the last year
Company says its data platform can help brokers save money by identifying customers who have a history of cancelling policies.
InsurTech Futures: Uber partners with Inshur to offer its drivers insurance
The company will make private hire vehicle insurance available through the Inshur app.
FSCS to pay out £6.9m to taxi drivers affected by Alpha collapse
Organisation to refund 9,000 commercial taxi drivers who were insured by Alpha via its broker MGA Capital Underwriting Agency.
Zurich UK names Robert Kuchinski as head of commercial insurance
Kuchinski has worked in insurance for over 30 years.
Insurance Cares: Commit to three pledges to help vulnerable customers
Insurance Age has worked with Insurance United Against Dementia to develop the pledges as the CII launches a dementia friendly guide.
InsurTech Futures: Aviva, Broker Direct and CII join Insurtech UK
The trade body now has 50+ members as it seeks to become a voice for the sector.
A-Plan confirms south west deals
The personal lines broker bought Westward Counties and Acer and has assimilated their books of business into its own local branches as it eyes pipeline of buys.
Primary Group-owned RCH Group buys MGA incubator and insurer
CEO believes the purchase will offer the independent broker access to a broader variation of products.