News
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.
Aon posts Q4 loss for 2017
Revenue for the year reaches $10bn.
Treasury delays IDD transposition into national law
Move follows the European Commission’s proposal to push back the application date to 1 October 2018.
Podcast: The top five stories of the week
Ida Axling and Siân Barton discuss the week's top five most read stories.
GRP wants Camberford to buy
GRP’s Stephen Ross said Camberford Law has targets in mind as he also seeks to expand the MGA’s wholesale capabilities.
GRP buys Camberford Law
Insurance Age has learned that the deal sees MD David Ottewill leave the wholesale specialist.
Quizzical questions: 2 February 2018
Test your knowledge of the week's news with our topical quiz.
Tax charge causes profits to tumble at Marsh & McLennan in 2017
Broker posts increase in revenue.
One Call fine “a shot across the bow”
Brokers have reacted to the huge penalty and renewal restriction that the FCA placed on One Call following client money mistakes.
Bailey, Beale and astronaut Hadfield confirmed for Biba 2018
Trade body reveals conference seminars programme.
Gang collared after £95,000 card scam on 1st Central uncovered
Thirteen fraudsters were sentenced for conspiracy after the fraud was found out and reported to IFED.
Thistle launches high risk and construction products
MGA takes on new staff to run the schemes.
FSB affinity scheme moves from Towergate after 20 years
The FSB has teamed up with Markel Holdings to set up its own broker, Ruskin Square, to manage the insurance offering and David Perry is leading the project.