News
Business as usual for Gable, says CEO Dewsall
Dewsall says insurer aims to offer Solvency II compliant lines and A-rated paper by Q3.
Using unrated insurers perilous, say brokers
Market reacts to Gable's declaration that it's pondering a sale.
Towergate holding company posts pre-tax loss of £19.1m
Bondholder report also shows decrease in net cash.
Complaints up at Financial Ombudsman Service for 2015/16
FOS reveals level of complaints upheld in different insurance business lines.
Towergate: 18 month target to solve legacy issues
Towergate management to meet today to discuss relationship with Gable.
Towergate Q1 Ebitda drops nearly 50%
CEO David Ross says broker is “making progress to fix legacy and infrastructure issues".
Gable ponders sale and admits Solvency II compliance "is not possible"
Liechtenstein-based unrated insurer says anticipated losses for 2015 could be up to £14m.
Epsom ghostbroker sentenced for £89,000 fraud
Renan Gomes admitted to setting up over 100 fraudulent car insurance policies.
InsurTech Futures: AIG launches crowdfunding product
Product created for crowdfunding investment industry to protect against fraud.
Aro Underwriting launches on PowerPlace
MGA adds property owners products to the software platform.
Motor insurance premiums rose to £13.9bn in 2015
Industry net combined ratio increased to 102%.
Video: A broking minute with Paul Samways
Paul Samways, managing director of Miles Smith Insurance Solutions, tackles the questions this month.
Allianz launches online marine cargo proposition
Allianz Global Corporate & Specialty also enhances its cargo product.
RSA launches new regions risk management service
New offering targeted at mid-market business.
Cyber attack database needed, says ABI
Director general calls for reporting of cyber attacks to be “mandatory” in order to build up data.
Flood Excess Insurance launched
New AR compiles UK top 20 flood risk postcode districts.
InsurTech Futures: Worry + Peace sets up broker platform
Founder says that he wants the broker to be the “Amazon of insurance”.
Sarah Dalgarno moves across to lead legacy resolution unit at Towergate
Firm starts process of recruiting interim chief risk officer.
#Insagepeople 23 - 29 May 2016
Get your fix of the market movers each week in one place with our new way of bringing you the latest recruitment changes.
Jason Anthony sets up MGA
Former OIM underwriting MD has launched MGAM which is set to focus on SME business and is targeting £20m GWP.
Quizzical questions: 20 May 2016
Test your knowledge of the week’s news with our topical news quiz.
Broking Break: Your top five of the week
This week brokers clicked on the court cases, deals and guides on the Insurance Act.
Applied Systems adds QBE property owners to panel
Move follows launch in March with QBE Tradesman.
Tempcover launches short term motorbike insurance
Broker aiming to boost overall policy count by 10% in a year.