Hastings Group
Hastings Group began in Bexhill-on-Sea and targets the home and motor markets. In 2020 it was valued at £1.66bn when it de-listed and was jointly bought by Sampo and Merchant Rand Investment holdings.
Hastings Group features in the Insurance Age Top 50 Insurance Brokers in Personal Lines listing. Find out what other companies made the cut.
Hastings posts GWP of £454.3m for first nine months of 2015
First set of results since London Stock Exchange listing sees revenue increase to £350.2m.
IPO sees rating upgrade for Hastings
Moody’s increases Hastings rating by two notches with a stable outlook.
Hastings prices IPO at 170p per share
Conditional arrangement puts market capitalisation of the broker at £1.2bn.
Hastings CFO says IPO won't affect management focus
Motor book and home insurance will continue to be key according to Richard Hoskins.
Hastings unveils £180m share IPO
Company set to list on stock exchange in October.
Hastings takes HR director from Towergate
Carole Jones joins from the consolidator as group HR director.
Hastings results show profit and customer rises
Half year results show GWP growth of 24% as COR marginally improves to 90%.
Peter Blanc appointed non-exec director at Hastings
Blanc set to become non-executive chairman before the end of 2015.
Hastings reports GWP and Ebitda surge in Q1
Group customer numbers rise 19%.
Hastings exploring IPO options
Chief executive Gary Hoffman says group is in no rush to complete a deal.
Hastings reports rise in profit and GWP
Insurer's group Ebitda rose by 18% in 2014, while COR increased to 89.1% from 88.3%.
Hastings set for £1bn sale, reports
A sale could lead to Goldman Sachs relinquishing its holdings in the provider.
Wood swaps IFED for Hastings Direct
New recruit to lead specialist investigation team at the insurer.
LexisNexis no claims database aiming for 90% market coverage by year end
Technology firm says insurers and brokers loading data daily.
James Fairhurst joins Brightside Group as CIO
Fairhurst previously occupied the same role at Hastings Insurance Services.
Premium Choice appoints Jon Howells as commercial director
Howells brings experience at Hastings and Swinton to the new role.
Hastings brings in Biemer on underwriting
New recruit transfers to company from the US.
Hasting's GWP rises by 20% to £359.8m
Profit before tax also rises by 31% to £51.8m for the first nine months of 2014.
Hastings Direct “winning the battle” claims Hoffman
Broking business posts profit before tax of £18.5m and Ebitda of £19.2m.
Profits leap 90% for Hastings
Gross written premiums increase 24% to £119.8m for the second quarter of 2014.
Hastings Direct launches home insurance policy
Broker has teamed up with Axa, Sterling and Towergate Underwriting to create new product.
Debt costs reduce Hastings’ profit
Business saw rise in GWP, customers and revenue in first quarter of 2014.
Hastings posts reduced profit while GWP and COR improve
Provider saw acquisition costs double in 2013.
Hastings raises £416.5m of debt financing
Hastings Insurance Group has placed £416.5m of senior secured bonds on the Irish Stock Exchange.