News
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.
Aviva set to reveal UK overhaul - reports
Speculation is mounting that the insurer is set to split its UK life and GI businesses following the appointment of Maurice Tulloch as CEO.
Hogarth Underwriting enters liquidation amid Gable collapse
According to a final report filed by its administrators, Hogarth will now be subject to a creditors’ voluntary liquidation.
Brexit: FCA confirms extension of the Temporary Permissions Regime deadline
The deadline has been revised after originally being set for 28 March 2019.
Lockton announces key hires in Birmingham and Manchester
Lockton’s Birmingham team has hired Jane Baron as head of office as Richard Barraclough, formerly of Gallagher, joins as head of corporate in Manchester.
Enter the UK Broker Awards: Deadline today
Have you submitted your application to win a trophy at the UK Broker Awards 2019?
Quizzical questions: 24 May 2019
Test your knowledge of the week's news with our topical quiz.
CFC announces launch of new cyber platform
The insurer has announced that its new cyber insurance platform will launch on 1 June 2019.
Lamp’s proposed liquidation sparks debate on insurer stability and ratings
Members of the legal expenses market believe that brokers should look at more than just a firm’s rating when trying to find insurance, referencing location, stability and capital adequacy ratio.
Ardonagh losses decrease for Q1
Income goes up for the quarter as Swinton is credited with assisting growth despite branch closures.
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Ardonagh closes 24 Swinton branches
The company's Q1 results revealed that £6m had been spent by Ardonagh on the closures.
Mactavish names all British Steel insurers
The insurers on the panel have been revealed as the insolvent business seeks to recoup a £30m rejected claim.