News
Adler Group to buy Corrigans GI business
The deal is set to complete in June and is Adler’s fourth in three years.
Enterprise Ogden claims hit revealed – report
The liquidator’s report has shown that bust Gibraltar insurer Enterprise must pay out £101.4m extra in claims partly due to changes to the Ogden rate.
Brunel Insurance Brokers buys Glentworth
The deal is described as a “merger of equals”.
FCA increases Financial Ombudsman Service compensation limit to £350,000
The change will see the limit go up from £150,000 from 1 April and could keep going up annually.
Broker Summit 2019: Motor insurance "will be blown away" by autonomous vehicles
Digital Partners CEO Andrew Rear tells brokers that the personal lines market will "substantially shrink" in the near future.
Broking success: Mark Barlow, IFM Insurance
Managing director of Sheffield-based IFM Insurance, Mark Barlow, tells Insurance Age why advice is key to keeping clients and reasons to say no to the consolidators
Profit soars at Admiral in 2018
But the provider's UK household segment reports loss after weather impact.
Broker Summit 2019: FCA addresses “hideous” clone brokers
Economist Vicky Pryce also shared some insight around how the economy could perform following Brexit.
InsurTech Futures: Biba signs first InsurTech partnership with Worry+Peace
The British Insurance Brokers’ Association has joined forces with InsurTech Worry+Peace to help brokers bolster their ability to trade digitally.
Aviva reports UK profit rise for 2018
Combined operating ratio remained flat at 93.8%.
Morgan Clark joins Biba
Loss assessor becomes associate member of the broker trade body.
Hiscox and Lloyd's among new Insurtech UK members
The InsurTech body, which launched in November, has added a number of associate members and partners.
Aon pulls out of Willis talks
It was confirmed that the two brokers were in discussions but Aon has now stated it does not intend move forward with a potential deal.
#Insagepeople: 4 - 8 March 2019
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Commercial Express launches broker training hub
The portal is available online and covers a variety of topics in addition to offering CPD points.
Aon confirms deal talks with Willis Towers Watson
The businesses emphasised that the talks were in a preliminary stage.
Aon considers bid for Willis - report
Reports suggest the two brokers have held preliminary talks about a potential deal.
GWP and operating profit fall at Direct Line in 2018
Broker business NIG's GWP was flat, while the number of in-force policies grew.
Industry urged to tackle dual pricing
Citizens Advice calls for dual pricing discussion to “begin from the assumption that pricing differences are unfair” at Parliamentary meeting of regulators and trade bodies.
Acturis launches broker app
The native mobile application is free for Acturis brokers and available on Apple and Android systems.
Coversure partners with Fraser Edmond’s Broker Insights
Ninety-three offices went live on the data platform, designed to increase broker visibility among insurers, last month.
HSB unveils construction products on Acturis
Provider claims first to go live on the Acturis e-trading platform with stand-alone construction products available to brokers.
Market welcomes Tulloch to Aviva CEO role
Brokers say internal hire is positive for Aviva's future and reflects how the insurer views the general insurance sector.
Gallagher buys JLT’s aerospace operations in £190m deal
The global deal affects the UK with 100 London Market employees joining Gallagher.