News
Tempcover to offer short term home cover
The scheme is the latest in a raft of changes to hit the home insurance market as providers clamour to respond to changing customer needs.
Biba repeats call for separate FSCS levy pot for brokers
The ABI has also responded to the FCA's consultation on the levy, arguing that insurers should not have to pay for "adviser failures".
Podcast: The top 5 stories of the week
Emmanuel Kenning and Siân Barton discuss the key points from the week's news.
Former Axa director Matthew Reed launches healthcare MGA
Equipsme to sell SME product through general insurance brokers targeting 30,000 firms in two years.
AIG posts $6.7bn loss for final quarter of 2017
COR for the full year comes in at 117.3%.
Quizzical questions: 9 February 2018
Test your knowledge of the week's news with our topical quiz.
Ogden drives Zurich to UK general insurance loss in 2017
COR soars to 110.9%.
Nicky Morgan calls for Brexit position paper for financial services
She argued that the sector is in a “chronic state of uncertainty” and criticised the “inaction” of the government for failing to provide answers.
Allianz looks at buying XL Group - report
Insurer wants to grow its US property & casualty business, according to Bloomberg.
Beazley profits dip due to catastrophe claims
Lloyd's provider "more focused on the UK" as it looks to grow its presence in Birmingham.
ABI develops non-EU insurer trade framework
The framework is for future trade agreements with non-EU countries and puts insurance “at the forefront of helping secure Britain’s prosperity after Brexit”.
InsurTech Futures: Start-up Zoe looks to replace brokers with AI
Former Aviva man aims to build an AI driven broker able to give "better advice than the human broker" following £400,000 funding round.
Lloyds Bank announces insurance division redundancies
The bank is cutting 930 jobs across the business in a move that will impact 24 insurance staff.
Markel reports falling profit and rising revenue for 2017
Provider’s COR worsens to 105%.
Brokers "resigned" as more SSP problems hit users
SSP customers experience fresh system outages as software house confirms performance issues with its Pure Broking platform.
FCA sets out plans on IDD delay
Regulator follows up on Treasury announcement.
InsurTech Futures: Homelyfe promises insurance cover in under four minutes
App-based provider launches home and contents product.
Aon’s Julie Page becomes Biba deputy chair
Tim Ryan to remain on the board after a three year stint in the role.
Jackson Lee claims a market first for its hybrid and electric vehicle GAP cover
MGA highlights battery cover in new offering.
One Call reveals a new brand
The announcement comes just weeks after the business and CEO received huge FCA fines for mishandling client money.
Ghost broking costs revealed in new police campaign
Over 850 reports of ghost broking made to Action Fraud in the last three years.
Biba sets a first by letting unregulated broker join
Trade body made the move in order to learn how it can help start-ups.
#Insagepeople: 5 - 11 February 2018
Keep up to date with all the latest people moves.
Insurance Cares: Citizens Advice slams dual pricing
The charity said that a CMA investigation should take place to prevent loyal vulnerable customers being charged more.