Acturis
CGI leader Andy Jones on transforming the market and the data standards vision
Creating a data standard is “the real utopia vision”, Andy Jones, director for consulting services in insurance at CGI in the UK, told Insurance Age.
The stats: Fleet racing ahead at record rate
The latest statistics from Acturis have shown the fleet market bucking the trend on premium increases. Whereas almost all other lines have seen hardening falling away, fleet has surged on, up by 7.9% – the highest quarterly rise on record.
Industry pays tribute to former colleague Geoff Kitchen, who died on Singapore Airlines flight
Theo Duchen and Lloyd Hanks have expressed their sympathies for Geoff Kitchen and his family after he died on the Singapore Airlines flight hit by turbulence yesterday.
MGA ARMD on track to hit 12,000 policy target after broker-only pivot
ARMD is on track to hit its target of 12,000 products sold this year with plans to launch on Acturis in July, according to co-founder Alan Hickman.
The stats: Hard market remains - but for how much longer?
Property and fleet rates remain stubbornly high as shown by the latest Q4 figures from the Acturis Commercial Lines Index, Rachel Gordon reports.
Acturis seals personal lines win with First2Protect
Acturis has partnered with home, landlord and tenant insurance broker First2Protect after a competitive tender process.
Zurich SME head Edwards: Speed and service key to maintaining double-digit growth
Zurich is seeking to improve its referral process and continue to invest in underwriters as part of its drive for double-digit new business growth across the SME space.
Brown & Brown rolls out on Acturis
Brown & Brown is moving its retail platform to Acturis, Insurance Age can reveal.
Acturis launches AI Predict
Acturis has launched AI Predict to bring the power of artificial intelligence and machine learning into its software-as-a-service platform.
Video Q&A: FullCircl CEO and co-founder Andrew Yates
Following its partnership with Acturis to integrate its SmartBroker solution, FullCircl CEO and co-founder Andrew Yates explains the benefits for brokers and future plans for the business.
The stats: Q3 hit by rocketing property owners and fleet rates
The latest figures from Acturis show that commercial insurance premiums continue to rise, resulting in an increasingly challenging environment for brokers and their clients, reports Rachel Gordon.
Allianz fleet head: hard market not going away soon
Property owners’ cover is the largest mover in this quarter’s Acturis Commercial Broking Index, which shows rates are up by 11.3% over the previous 2022 quarter.
Commercial combined rate rises slow down in Q3, according to Acturis
After almost two complete years where each quarter saw a positive movement of at least 5.0%, growth in average commercial combined premiums dropped to 4.0% in the third quarter of 2023, according to the latest Acturis Commercial Lines Index.
Acturis unveils API integration with insurtech
Acturis has partnered with insurtech FullCircl to integrate its SmartBroker solution into the platform.
Theo Duchen, Lea Cheesbrough, Partners& and Marsh win big at UK Broker Awards 2023
Hailed as “a true technology entrepreneur”, Theo Duchen, co-founder of Acturis, pictured, won the Achievement Awards at the 2023 UK Broker Awards last night at the VOX, NEC, Birmingham.
MCE had £5.2m loss before collapse and HMRC now one of biggest creditors
Broker MCE was carrying a £5.2m Ebitda loss before its collapse, leaving HM Revenue & Customs with an estimated £828,844 claim, according to the administrator’s report.
The stats: Q2 2023 sees fleet rates begin upward climb
The latest Acturis stats reveal that the previously stagnant fleet sector has turned a corner as insurers hike premiums to cope with claims inflation, reports Rachel Gordon.
Acturis: Fleet rates see biggest hike in three years
Premiums for fleet motor jumped 4.1% in Q2 2023, according to the Acturis Commercial Lines Index, after a three year period where the sector was largely static or experienced falling rates.
Brokers offered special deal for access to an insurtech under Biba scheme
Brokers can get access to a technology that helps them understand companies better thanks to a a new British Insurance Brokers’ Association scheme.
Acturis snaps up Broker Buddha to enter US market
Acturis has entered the US market with the acquisition of digital engagement plaform Broker Buddha.
Broking Success: Targeting the 100-year milestone
WH&R McCartney is believed to be the oldest independent broker in Scotland. With only a handful of years left to go until its centenary, directors Graeme Robb and Alan Kirkwood are confident of further growth and success for the Motherwell-based firm.
Acturis grows revenue and R&D spend in 2022
Acturis has reported an 8.4% rise in revenue for 2022 to £121.33m as it continued to gain market share, adding new brokers and insurers.
The stats: Q1 2023: Onwards and upwards – commercial rates continue to rise
Insurance rates increased year-on-year by 4.5% in the first quarter of 2023 with property being the key driver according to research from Acturis. Rachel Gordon digs into the data.
Soaring property owners’ premiums hit record high
Property owners’ premiums rose by 9.3%, according to recent figures for the first quarter of 2023 from Acturis, which will be published by Insurance Age on Monday 12 June.