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Opinion: Nick Garner on unrated insurers and customer choice in motor

Nick Garner

Drive Further’s Nick Garner writes in defence of unrated insurers and argues that they add choice for consumers in the motor maket

Insurance journalists have had a busy year keeping abreast of developments in the offshore insurance sector.

In recent weeks, Markerstudy has injected fresh capital onto its balance sheet to meet Solvency II requirements. Insurance Age reported in July that the Financial Services Compensation Scheme (FSCS) had handed back some £8.3m to policyholders of Gable Insurance, which collapsed into administration in 2016. In July, Gibraltar-based insurer Elite announced that it was closing to new

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ManyPets confirms social media clone

Pet insurance managing general agent ManyPets has confirmed a customer was contacted by an X account impersonating its brand and has issued a warning on how increasingly convincing scammers can appear.

Q&A: Pen’s Nick Wright

Nick Wright, chief business development officer at Pen Underwriting, tackles its recent M&A quietness, capacity in the market and the benefits to brokers from niche products. He updates on the goal of hitting £1.75bn GWP by 2030, streamlining its agency base and shares why he thinks the Gallagher-owned MGA will “go from strength to strength”.

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