News
Inperio upgrades terrorism product with denial of access
MGA criticises Pool Re.
ICO fines broker Our Vault £70,000
Watchdog says broker made over 55,000 nuisance phone calls in 2016.
First Insurance Solutions launches commercial indemnity scheme
The flexible scheme is being wholesaled to limited brokers and will be available to the entire market in the next few weeks.
Ceta investing for growth after MBO
Broker posted double digit increases in turnover and profit in deal year.
Broking break - Your top 5
The five most read stories of the week include news about products, aggregators and Folgate, as well as a blog from Huw Evans and the UK Broker Awards 2018 shortlist.
Quizzical questions: 29 June 2018
Test your knowledge of the week's news with our topical quiz.
UK Broker Awards 2018: Shortlist announced
Which brokers are in the running to take home a trophy at the ceremony on 14 September?
aQmen refreshes faith insurance policy
The PIB-owned underwriter first introduced the cover in 2015 and has added cyber loss recovery plus a number of features to the policy.
Acturis revenue hits £62.2m in 2017
Profit remained stable as expenses increased from £32.4m to £39.1m.
Best year for UK motor insurance market since 1994, says EY
Research shows second best underwriting result since records began in 1985.
APC’s Russell hails Folgate’s market return
The insurer is set to write business lines including property, liability, warranty and PI and is targeting £50-60m GWP by January 2019.
Construction broker calls for aggregator ban
Mark Herbert, MD at Construction Insure, urged housing minister Dominic Raab to stop price comparison sites offering quotes to small businesses in the construction sector.
Folgate to start writing business again
The Folgate business will be underwritten by its owner APC Underwriting.
Arnott Marine launches offshore and subsea product
MGA targets small and medium sized UK brokers.
Nigel Phillips predicts further growth for CDL after record year
Business investing in chatbots and virtual voice technology for brokers.
ERS offers specialist motor breakdown cover
The product has been designed for people with “non-everyday” vehicles and is only available through brokers.
#Insagepeople: 25 - 29 June 2018
Stay up to date with the latest people moves.
Beech launches terrorism product for contract works
New offering can be bought on a maximum limit basis.
Policyfast to focus on innovation following Coversure MBO
Wholesale arm of the broking group is currently in discussions to get products added to software houses.
Report suggests Amazon could expand Protect product
However CB Insights said that Amazon acting as more than a distributor in the home market was “unlikely”.
Markerstudy Retail drops Premium Credit for Close Brothers in five year deal
Close Brothers to provide premium finance services to the broker.
Paragon partners with AIG on exclusive wholesale solicitors PI offering
New arrangement designed for two and three partner solicitor practices in England and Wales.
Insurance Cares: FCA challenges industry to help vulnerable customers access insurance
Regulator to work with the sector to make it easier for people with pre-existing medical conditions to access specialist travel insurance providers.
Ceta posts rising numbers for MBO year
Profit and turnover increase at the broker.