The business is to return £110m to car and van customers as part of Stay At Home Refunds as it becomes first to bow to pressure to give back as policyholders use vehicles less.
Research by Confused.com and Willis Towers Watson reveals dip in motor premiums, following a £47 rise over the last year.
Insurance Covid-Cast - episode three: Is motor insurance at a tipping point in light of the coronavirus lockdown
In the third of a new series of video casts brought to you by Insurance Post and Insurance Age while our journalists are in isolation lockdown we discuss whether UK motor insurers are being unfair in not rebating premium or offering more flexible options…
Provider also posts increases in GWP and profit after tax as it reports "disappointing" personal motor result impacted by claims inflation and a "lower than anticipated" Ogden rate.
Blanc will head up a review following the Doncaster 2019 flooding to learn why victims did not have the right cover.
Insurance Covid-Cast - episode two: What are insurtechs doing to rebalance the bad publicity around insurance and Covid-19?
In the second of a new series of video casts brought to you by Insurance Age and Insurance Post while our journalists are in isolation lockdown we discuss how insurtechs are seeking to create positive customer stories to redress the negative media…
On demand insurtechs encourage incumbents to give back premium as it is predicted providers could save £1bn as claims plummet amid lockdown.
Phil Barton, alongside Stuart Reid and Chris Jelf, has formed the broker from MRIB and Independents, La Playa, CGI and Versatile, with initial £25m investment from Capital Z.
The venture, which is a combination of five existing brokers - MRIB and Independents, La Playa, CGI and Versatile - is led by former Jelf boss Barton, with Chris Jelf as commercial director.
Mugge most recently worked at Ardonagh Group after moving across from Gallagher to Towergate in 2015.
As the first working week of self-isolation comes to a close for many, Insurance Age content director Jonathan Swift looks at the stance brokers are taking in terms shutting up shop or keeping their branches open.
The body outlined the insurer response to Financial Conduct Authority guidelines as providers waive renewals for key workers.
Polaris celebrated 25 years last year and also had a MD change with Vivek Banga taking the top spot. Banga catches up with Jonathan Swift about the future of e-trade and the role brokers can play.
But CEO Steve Treloar says premiums in the provider's broker business has grown by 24% after Allianz's personal lines business transferred to LV.
Updated: The largest brokers in the UK revealed measures in place to protect staff and customers from coronavirus.
InsureandGo says policies will not cover Covid-19, while Staysure continues to sell travel insurance and travel disruption cover.
Provider says existing customers will not be affected by the move.
The decision to keep the unpopular tax at 12% has been welcomed by the insurance market as Chancellor introduces other measures to help Covid-19 hit businesses.
Personal lines product, House Guard, is now available to users of the software house.
The personal lines specialist has bought the Northampton-based SME commercial expert.
The event, which celebrates the best in UK broking, is now accepting submissions.
General insurance CEO, Colm Holmes, says provider has exited some "unprofitable relationships" in personal lines, but highlights Aviva will "significantly invest" in the broker channel going forward.
Aviva says UK business was impacted by an alignment of the UK digital business with GI, as CEO Maurice Tulloch says provider has made "good progress" on its cost-cutting plan.
David Stevens will be replaced by Milena Mondini de Focatiis, currently head of UK and European Insurance.