News
Kanye West sues Lloyd’s over cancelled gigs
The rapper is suing a number of Lloyd’s syndicates for $10m.
RSA UK underwriting profit takes Ogden hit
CEO Steve Lewis says results were also impacted by large claims and a claims inflation in household.
The AA sacks executive chairman for “gross misconduct”
The broker stated in a Stock Exchange announcement that Bob Mackenzie had been removed with immediate effect.
Meet the Expo Leeds Panellists: Richard Pitt
The chief network officer at Broker Network shares his thoughts on local insurers ahead of the live debate.
RSA reveals rising profits for H1 2017
COR improved to 93.2% for the six months ended 30 June 2017.
Towergate reveals London specialty unit, Geo Specialty
The first product covers political violence and its development is the first step in building a "strong" London underwriting business.
CII reveals rebrand
The refreshed branding reflects a new strategy.
Direct Line Group posts growing profit
Insurer reveals rising profits and GWP, despite £49m discount rate hit.
Profits up at Go Compare
The aggregator saw adjusted operating profit grow to £17.5m for the six months ended 30 June 2017 following Esure demerger.
#Insagepeople: 31 July - 6 August 2017
Keep up to date with the latest people moves.
Ogden decision to be published on Thursday
The government's response follows the consultation on how the discount rate should be set in the future.
Elite challenged Gibraltar regulator in court
The insurer, which recently stopped writing new business, challenged regulatory interventions by the Gibraltar Financial Services Commission.
Hiscox sees strong growth in the broker channel, says Langan
Hiscox CEO "very pleased" with insurer's financial results for the first half of 2017.
Allianz unveils construction proposition for brokers
A dedicated team of underwriters has been created to assist brokers as part of the enhanced proposition.
Markerstudy launches HNW scheme
New offering to cover prestige motor vehicles including classic cars and motorhomes.
Hiscox posts rising GWP but falling profit for H1 2017
Provider's COR also deteriorated in the first half of the year.
Liberty enters equine and livestock market
The insurer is establishing underwriting teams in London and the cover will include everything from horses to pandas.
Premium Choice teams up with ONE Pro Group on cycle insurance
Broker says partnership aims to redefine insurance for cyclists.
Brokers are not in regular contact with customers
According to a survey from Ecclesiastical brokers have only just started using social media to do business.
Broking break: Your Top Five
Marmalade, the Financial Conduct Authority, Gable and Moneysupermarket.com hit the headlines this week, with new products, regulation updates, return payments and a fine.
InsurTech Futures: Allianz partners with start-up Flock on drone insurance
The first product will be a mobile app for pay-as-you-fly drone insurance.
Quizzical questions: 28 July 2017
Test your knowledge of the week's news with our topical quiz.
Revenues up at Gallagher for H1 2017
Broker's net earnings and adjusted Ebitdac also rose compared to H1 2016.
Brokers still unsure on Flood Re distribution
Biba welcomes the commitment to intermediaries but brokers are unsure how it will work in practice.