Experts say the FCA should also consider value and quality of service, after the regulator hinted at a potential ban on dual pricing in its interim report.
Keep track of the past week’s market moves.
Insurance Age has published the results of its annual study into the top 50 brokers in the personal lines market.
InsurTech Futures: The car insurance app aims to reduce costs for young drivers.
Insurers have revealed the impact from the change in the discount rate to -0.25%.
With ghost broking back in the news, commissioning editor Laurence Eastham asks a panel of five experts what the industry can do to tackle the problem.
The provider now works with LV, Axa, Ageas and RSA.
The CEO blamed Ogden for the increase as he pledged commitment to UK brokers and discussed the impact of the L&G deal following LV interim results.
The Allianz CEO points to 3.7% underlying business growth as he discusses the provider's half-year results and weighs in on the amended discount rate.
Purchasing the remaining stake in LV has impacted the provider’s half-year numbers.
We talk with David Black, MD financial services at Google UK, about how the tech giant sees insurance evolving, disruption, and the place for brokers in a tech-led world.
The Lord Chancellor and Justice Secretary, David Gauke, eventually settled on a minus 0.25% Ogden rate.
Government has changed the rate from -0.75% to -0.25%, which is a smaller rise than what was generally expected.
Is the raft of recent redundancies at providers a coincidence or part of a larger trend in the industry?
Test your knowledge of the week's news with our topical quiz.
Phil Bunker, Michael Blaney, Julian Edwards, and Paul Cosh helped to raise an additional £1m of investment.
Allianz UK CEO Jon Dye says there are no redundancy plans following the insurer's purchase of L&G GI, with the process of moving business from L&G into LV expected to take around two years.
The UK CEO says brokers will remain Allianz's biggest distribution channel after the deal has been completed, as it also buys the remaining stake of LV with the intention of combining the two entities.
The insurer will fully own the LVGI business and has spent approximately £1.08bn on it since 2017.
Provider to combine the business with LV following the completion of the deal.
Commercial lines GWP increased, while the provider's COR improved to 94.8% in the first quarter of the year.
LV Broker's Michael Lawrence unveils some of the insurer's plans for the Biba conference in Manchester.
The business has proposed to close two branches and make 97 people redundant.
Consumer organisation asked car and home insurance customers to rate their claims experience, with The AA scoring lowest in the car sector and RSA being rated worst in home.