News
Biba welcomes PM’s speech on Brexit
Trade body pleased with strategy articulated by Theresa May and her preferred direction of travel.
Theresa May to seek phased approach to exiting Single Market
PM says negotiations will be for Free Trade Agreement.
Biba calls for cheaper regulation for brokers
Trade body raises concerns about the burden of regulation on smaller brokers in its 2017 manifesto.
Biba launches 2017 manifesto – Enabling the Insurance Market
Trade body covers IPT, Brexit, regulation costs and more in this year’s document.
Bruce Stevenson grows GWP to £29m
Broker says it has a number of "exciting initiatives" underway to maintain growth.
Bought by Many raises £7.5m to grow mobile platform
The broker also signed a long-term insurance agreement with the Munich Re Digital Partners business unit.
FSCS broker levy increases to £13m for 2017/18
Insurers to pay £63m supplementary levy following the failures of Gable and Enterprise.
Martin Rowan joins Legal Protection Group
Rowan will become managing director of the newly formed legal expenses managing general agent.
#Insagepeople: 16 - 22 January 2017
Keep up to date with the latest people moves.
Oil Spill Insurance Broker launches oil leak policy
The product mainly targets HNW individuals who use home oil heating.
Quizzical questions: 13 January 2017
Test your knowledge of the week's news with our topical quiz.
Top 5: Developing risk management services
Thomas Coles of Risk Solved explains why brokers need to look at offering customers a rounded risk management service as the insurance market changes.
Car premiums increase by 14%
Confused.com figures show the increase in the final quarter of 2016 was lower than in the same period in 2015.
CII New Generation Group outlines guidance for dealing with vulnerable customers
CII urges brokers to use the document as a checklist to ensure best practice.
Towergate to close small business unit
176 staff at the Manchester-based office are at risk of redundancy.
Ageas confirms 521 jobs to go at Kwik Fit Insurance
Insurer to close Uddingston site on 31 March.
LV pulls out of broker-distributed home insurance
Decision follows consultation process started last November.
Luker Rowe buys Michael Moore Insurance Brokers
The deal takes Luker Rowe’s GWP up to £16m per year and was for an undisclosed sum.
Lorica reports losses for 2016 at broker and group level
Deficit ticks down for broker and holding company.
Hyperion’s UK retail division posts 5% rise in revenue to £62m
Division also achieves organic growth of 5% in the UK.
Hyperion's revenue increases 45% to £434m in 2016
But the group of Howden, RK Harrison and Dual made a loss of £38m as a result of acquisition costs.
Markerstudy pulls back from MGA capacity arrangements on motor fleet
Insurer says it is looking to expand its own fleet business “substantially”.
Clark Thomson posts £659,000 pre-tax profit
Broker reports Ebitda of £1.05m.
LV Broker develops mid-market product suite
The commercial lines division offering is a risk-management led proposition.