Personal
Allianz CEO Jon Dye partly credits broker support for the firm’s Q1 results
Commercial lines GWP increased, while the provider's COR improved to 94.8% in the first quarter of the year.
Cavere Intermediary refreshes home insurance product
Policy is underwritten by Ageas and has been made available to the broker market.
Video: What's in store from LV Broker at Biba?
LV Broker's Michael Lawrence unveils some of the insurer's plans for the Biba conference in Manchester.
Biba adds escape of water tech system, Waterlock, to schemes
The technology is available on the escape of water and residential distressed risk schemes.
InsurTech Futures: Azur to use AI to better analyse risk
Provider says new data platform will give underwriters more time to focus on building relationships with brokers.
Erskine Murray buys Houghton Insurance Bureau
Bedfordshire-based broker is the company's third deal in 18 months.
Which? survey reveals worst insurers for handling claims
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.
Tesla's Elon Musk teases car insurance product launch
Car company is reportedly set to unveil a "compelling" insurance policy next month.
Azur adds Arag to HNW household broker product
The Smart Home offering for emerging wealth clients has been designed to help brokers compete with direct writers.
Profits fall at Covéa in 2018
Provider says results were impacted by soft market conditions in personal lines, along with adverse weather, claims inflation and uncertainty around Brexit.
Arch buys Obelisk Underwriting
The business is to become part of the Arch UK Regional Division and follows its deal to buy Axiom Underwriting earlier this month.
Willis Towers Watson/Confused index shows car insurance premiums fall
It is the first slip after two consecutive quarters of rising premium but experts warn that there will be increases again in future.
ERS sale dead as investor decides to stick with the motor insurer
Private equity owner Aquiline has completed a strategic review of the business.
Swinton performing better than expected for Ardonagh
The Ardonagh Group results showed that the personal lines broker contributed £146.3m in pro forma income.
Ceta Insurance buys Love Your Hut
The broker has bought the UK’s largest beach hut insurance provider in its first deal since an MBO at the business.
Insurance Cares: Biba supports FCA’s update on extended travel signposting
Regulator updates guidance in terms of travel insurance for individuals with pre-existing medical conditions.
Saga says renewal pricing strategy change “aligned with FCA goal”
The provider announced yesterday that it will offer three year fixed price insurance to customers as it seeks to increase loyalty and arrest profit downturn.
Saga falls to £134.6m pre-tax loss and pledges to change strategy amid renewal pricing row
Saga reports “disappointing” retail broking results as it claims first with three year fixed pricing for insurance via direct channels, moves away from the focus on price and changes renewal pricing.
First Central Insurance & Technology takes CEO from Hastings
Firm denies immediate plans to list as former Hastings MD Michael Lee joins the business.
Legal & General unveils tech solution for brokers
The provider claimed that SmartQuote uses big data to find home insurance quotes in as little as one question if the broker knows the client.
Zurich temporarily pulls out of direct home
Insurer says home products can still be bought through the broker channel.
Arch Insurance International invests in MGA
Archipelago, a personal lines managing general agent has been set up by former Aon-executives Richard Coleman and Angus Simpson.
Stable performance in “transitional year” for LV
GI CEO Steve Treloar said the business was working with 150 new broker partners and committed to further investment as 2018 results are published.
Insurance Cares: Tool developed for self-assessment
The tool, developed by Altus, enables firms to benchmark the work they are doing for vulnerable customers.