News
Ageas to make 77 roles redundant
A formal 30-day consultation period begins today and the final decision will be announced by the middle of April, Ageas' boss said.
Video: Succession planning (4) – the range of funding options
The different sources of funding for MBOs or selling up and leaving the business come under the microscope.
UK Broker Summit 2017: Economist advises brokers to prepare
Lena Komileva says uncertain times are ahead but warns changing economic and political climate makes predictions difficult.
Operating profit down 5.2% down at Gocompare for 2016
The comparision site saw revenue up by 20% to £142.1m (2015: £119m).
Higos buys Courtenay Insurance Services
Deal is broker's first purchase in Cornwall.
Profits and GWP up at Hastings in 2016
Company allows £20m impact of discount rate change.
FCA: PPI deadline set for August 2019
Watchdog to launch a two-year campaign to encourage customers to decide if they should act about PPI before the deadline.
Pukka targets £500m GWP
The MGA is set to move into the Australian market and is seeking further growth in courier.
Open GI offers fraud check for brokers
The software house has teamed up with Verisk Insurance Solutions on a vehicle fraud check system.
The Chartered Body Alliance launches
The CII teams up with other professional bodies to promote professionalism in financial services.
Video: Succession planning (3) – criteria for success
Aviva’s Phil Bayles on being about clear about the goals when undertaking succession planning.
Clear buys MPW Insurance Brokers
Biggest ever deal for Clear will see MPW’s staff and management stay with the firm.
Markel extends charity and community group cover
The product now includes organisations with incomes of up to £1m.
Video: A broking minute with Ashley Peters
The managing director of Staveley Head takes on our broking minute challenge.
Autonet expands into Manchester with new office
Broker recruits 80 people from Towergate’s former SBU unit.
Principal buys motorcycle book from Rampdale
Deal adds nearly 7,000 bikes to Principal’s portfolio.
Chancellor and ABI chief issue joint statement on discount rate
ABI and fifteen insurance bosses involved in discussions in Downing Street.
JLT's speciality business sees UK revenue up 5% in 2016
CEO explains that the disposal of Thistle was due to it no longer fitting the broker's strategy.
Insurers descend on Chancellor to fight discount rate cut
The market has warned that the “crazy” change could see some motor premiums rise by £1,000.
Revenue up 11% in Moneysupermarket's insurance business for 2016
The aggregator posted £73.5m in profit after tax in 2016, an increase of 16%.
Video: Succession planning (2) – people
Having taken an overview of the market Aviva’s Phil Bayles looks in detail at how to prepare succession plans that meet the needs of staff and customers.
Allianz refreshes D&O cover
Updated policies include kidnap and ransom cover and data protection officers.
Biba calls for IPT freeze
Broker body says increasing IPT plus the impact of the discount rate change will drive up costs and cause people to reduce insurance protection.
Profits down at JLT in 2016
Group revenue grows by 9% to £1.26bn.