Admiral
The Blog Spot: A question of trust
Personal lines brokers are expected to build trusted relationships at a time when margins, especially in personal lines are squeezed and time is tight. But are these relationships becoming too transactional?
Broking Break: Your top five of the week
A Gumball blog, solvency figures, new software, warnings for brokers and an insurer closing were voted the top five stories by brokers’ clicks over the week.
News analysis: FCA sends warning on renewal rules
The industry reacts after the regulator clamped down on Admiral over renewal wordings
Broking Break - Your Top Five
Queen's Speech, FCA probe on travel insurance for cancer patients, Admiral's renewal handling failures, launch of new MGA incubator and details of new CII qualification make up your top five stories of the week.
FCA orders Admiral to contact customers after renewal handling failures
Insurer agrees with the regulator to contact all affected customers, following change in renewal rules from 1 April.
Admiral cuts van cover from its broker Able
Insurer will stop selling van cover through its broker Able, which is also known as Gladiator, but Admiral says the move will not affect jobs.
Ogden takes 25% off Admiral profit for 2016
Admiral’s UK aggregator site’s profit hits £16.5m but the group’s profit share falls to £284.3m due to Ogden.
#Insagepeople: 23 - 29 January 2017
Keep up to date with the latest people moves.
Admiral and Legal & General join Markerstudy’s pet aggregator panel
Platform offers cover for cats and dogs.
InsurTech Futures: Human rights group attacks Admiral’s Facebook insurance plan
Insurer's app to use social data from young drivers to offer discounted insurance.
Profits soar at Confused
Owner Admiral reports rises in revenue, profit and UK car insurance customers for the first half of 2016.
Flood Re publishes list of insurers
Aviva, Hiscox, Legal & General, LV and More Than among firms which will offer policies backed by the scheme.
Admiral operating profit hits £379m
Profits up and motor COR improves to 81% but Confused.com sees profit fall.
Confused.com H1 profit falls by nearly half to £4.8m
Revenue also falls by 12% to £38.9m at the comparison website for the first six months of 2015.
Admiral cites Google for drop in Confused's profit to £15.8m
Admiral Group has reported that its UK aggregator Confused.com saw a drop in pre-tax profit to £15.8m in 2014 (2013: £21.7m).
Admiral Group's Q3 turnover down 3% to £513m
UK car insurance also fell by 5% to £419m in Q3 as company anticipates more difficulties ahead.
Admiral reports rise in profits
Confused.com sees profits slip as revenue remains stable.
Admiral boss hails "baked potato" year as profits rise
Provider's pre-tax profits up 7% to £370m.
Admiral Group reports £60m decline in UK car insurance turnover
Provider's turnover down as UK vehicle count remains static.
Profits break £10m mark at Confused.com
Admiral, owner of Confused.com, has reported that the price comparison site posted a profit of £10.2m for the first half of 2013, up on the £8.4m recorded for the same period last year.
Admiral CEO reveals UK challenge as revenue drops
Admiral Group CEO Henry Engelhardt has admitted it is "not the right time" to grow its UK market share as the insurer's UK car insurance turnover dropped 9%.
Admiral CEO warns of aggregator slowdown despite Confused profit
Confused.com recorded rising profits for the first time in four years as Admiral group CEO Henry Engelhardt admitted that the rate of aggregator growth was "slowing".
Admiral seeks to build "metaphorical skyscraper" as profits rise
Admiral has delivered a group pre-tax profit of £345m for 2012, up from £299m the year before.
Four insurance companies win places on Sunday Times Top 100 list
Four insurance companies have made it into the 2013 Sunday Times 100 Best Companies List as the 25 Best Big Companies List was also revealed.