News
Lloyd’s pre-tax profit flat at £2.1bn in 2016
Market’s COR deteriorates to 97.9% as GWP rises.
Lloyd’s announces Brussels Brexit move
The business will open a subsidiary in Belgium which will be its EU base.
CMA renews investigation into aggregators
Further study into four areas follows previous research last year.
Biba teams up with Mactavish on resolution scheme
Trade body says scheme was developed in response to brokers' demands and deals with resolution of large and complex claims.
High Net Worth Society: Meet-up one
The choicest cuts from the first meeting of the exclusive High Net Worth Society
Biba raises unsuitable products concerns ahead of CMA investigation into aggregators
Trade body pleased with further investigation including into “most favoured nation” clauses.
InsurTech Futures: Synechron launches InsureBOT in the UK
Firm says new AI offering will be able to do some of the tasks traditionally performed by brokers.
Alan Boswell adds risk management arm
Broker launches Alan Boswell Risk Management with three new hires.
Legal Protection Group partners with Stride
Stride has chosen Hannover-backed LPG to provide landlord legal expenses and rent protection cover.
AA posts first growth in motor policies since 2008
Results for 2016 show flat revenue and trading Ebitda for insurance services.
FCA finds poor practices and warns on broker fee disclosure
Regulator says research shows some motor brokers and insurers fail to clearly disclose fees and how they were calculated.
Chubb launches online platform for brokers
Proposition available in the UK and Ireland as the insurer expands its digital offering.
Seventeen buys Westscott Insurance Brokers
The Dumfries-based business was bought for an undisclosed sum.
Brokers remain upbeat, says CBI/PwC survey
Business growth is expected to continue but soften in the next quarter, according to an industry poll.
#Insagepeople: 27 March - 02 April 2017
Keep up to date with the latest people moves.
Insurance Age owner sells Insight Group to Infopro Digital
New backers expanding to the UK from France.
Broking Break: Your top five
The jailing of a fraudster led the clicks this week, followed by profits, a buyout, an FCA warning and an apology from the CII.
Quizzical questions: 24 March 2017
Test your knowledge of the week's news with our topical quiz.
FCA warns of fake emails that appear to use its address
Regulator urges recipients to delete emails without opening them.
Has the heyday of schemes passed?
SchemeServe's Ed Halsey explores how the Insurance Act has impacted delegated authority business.
Bexhill launches leasing service
The provider will now offer leasing arrangements to brokers and their clients.
CFC bosses buy the business with new PE backer
Management team strike deal with support of private equity firm Vitruvian Partners.
Top 5: Tips for managing IPT
Tax expert Justine McInnes outlines what brokers can do to keep the changing IPT path as smooth as possible.