News
Mactavish chases “ultimate failure” £30m British Steel claim
Mactavish pursues Zurich, Liberty and other insurers but praises brokers involved in the case as insolvency places providers at risk of damages claim.
Brokers warned over admin fees and commission
DAC Beachcroft said analysis of FCA studies found that firms do not have sufficient focus on customers.
BGL launches new short-term motor insurance brand
It is the first on-demand product from the distributor and offers customers policies for between one hour and 30 days.
Diversity & inclusion success in Insurance to be celebrated at new Age awards
The first Diversity & Inclusion in Insurance Awards to be held in November
UK Broker Awards: Four days left to enter!
Brokers must submit their entries by 24 May to be in with a chance of winning a trophy.
Insurance Cares: SJL Insurance CEO Simon Lancaster recruits mental health nurse for staff
As of June 2019 the nurse will be in the firm’s HQ two days a month to talk to the staff.
Investors value Ardonagh at £1.9bn
Madison Dearborn Partners and HPS Investment Partners have bought more shares in the business.
Gibraltar insurer, Lamp, goes into liquidation amid insolvency
Liquidation application will be looked at in Court on 31 May as insolvent provider says it is still pursuing sale options.
Blanc expects Goldman Sachs to invest in Aston Lark for 'at least five years'
Hastings relationship key to the deal.
Aviva continues to top Brokerbility members survey
Net Promoter Score used for each question to look at customer satisfaction levels.
Aston Lark confirms Goldman Sachs investment deal
Group CEO Peter Blanc says the transaction, which is believed to be worth around £320m, will secure the broker's independence for the foreseeable future.
Three insurance firms on FSCS insolvency list
List includes payment protection specialist British Insurance which was bought by Towergate in 2008, but stopped trading in 2011.
Quizzical questions: 17 May 2019
Test your knowledge of the week's news with our topical quiz.
Home & Legacy refreshes household e-trading platform
HNW specialist says the changes, which aim to reduce time when making a quote, were made in response to broker feedback.
FCA warns of clone MGA
The regulator says fraudsters are using details of authorised companies to scam customers.
Esure hires former Aviva UKGI boss David McMillan as CEO
McMillan joins the provider from QBE and replaces Stuart Vann who left the business in January 2018.
Biba will return to Manchester in 2020
Conference will take place on 13 and 14 May.
Majority of brokers report high stress levels
Panellists urge attendees at the 2019 Biba conference to create an environment where people can talk about mental health, as Premium Credit research shows brokers expect stress levels to grow.
Aston Lark on cusp of £320m Goldman Sachs investment
The long-rumoured deal is believed to be set to conclude in the next few days.
Biba Daily: Day Two – Thursday 16th May
To tie-in with the 2019 British Insurance Brokers’ Association Conference in Manchester Insurance Age and Insurance Post have joined forces to publish a daily newsletter for the event
Aspen Risk Management to be placed in runoff
Aspen has ended its relationship with its UK MGA.
Biba names new chairman
Former Insurance Minister Jonathan Evans to succeed outgoing chair Lord Hunt of Wirral.
Biba CEO Steve White highlights skills and AI as he opens annual conference
The CEO discussed the need to bring fresh talent into the broking industry as he launched the 2019 Manchester conference.
Biba and Pool Re launch guide to terrorism insurance
The organisations have worked with the government to develop the guidance.