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Brokers say incoming Hiscox CEO will need to tackle reputation issues following BI row
Experts note Bronek Masojada, who is stepping down as Hiscox group CEO later this year, has built a business focused on quality, but some want to see a stronger broker focus as they say successor Aki Hussain's challenge will be to "win back the trust" of…
Gauntlet buys Three Sixty in first deal under GRP ownership
Three Sixty is based in Bolton and is a specialist private client broker.
Ceta Insurance adds Topsail to wholesale panel
Topsail offers specialist boat insurance and adds to Ceta’s broker proposition in the space.
Aston Lark reports Ebitda and revenue growth for 2020
The consolidator now places circa £900m in gross written premium and employs over 1,500 people in over 50 offices across the UK and Ireland.
How can the industry solve its talent crisis?
Brokers, insurers and industry experts discuss the main obstacles in attracting young talent and what the industry can do to solve its image problem.
TIF Group confirms travel insurance sales hiatus
MGA says existing customers are unaffected after insurer URV "temporarily paused new sales".
Qlaims targets further growth after expansion into personal lines
Newly appointed CEO, Liz Latter, tells Insurance Age about the company's new personal lines offering and how MGAs and brokers can work together to support customers.
Sabre reports COR of 74.4%
Results for H1 show GWP drop as motor specialist prioritises profitability over volume, joins Saga panel and flags creation of temporary insurance product in H2.
Allianz restructure sparks mixed reactions
Brokers say senior exits at the provider lead to “some concern but also some opportunity” as the insurer is slammed for focusing on larger corporate consolidator relationships in recent months.
Gallagher divestment deal aborted after WTW/Aon merger breaks down
Gallagher had been set to buy £3.6bn of WTW assets including Willis Re as part of Aon/WTW divestment plans ahead of their proposed combination.
Ardonagh creates European unit led by Conor Brennan
The Dublin-headquartered business will operate alongside Ardonagh Global Partners with plans to expand across Europe.
Allianz adds tracker to claims hub
The broker-focused tool maps progress across five areas.
Blog: Why travel insurance is more important than ever
Jackson Lee Underwriting's Dipesh Patel discusses how Covid-19 has highlighted the importance of using a broker and how brokers can help clients as international travel quotations pick up again.
PremFina gears for growth with investment in tens of millions
Investors have given the tech-led premium finance provider a cash injection in a move that sees it set to challenge Close Brothers and Premium Credit for a top three position in the UK.
Travel specialist Staysure moves into pet market
The broker launched Petsure which is designed to provide cover for cats and dogs regardless of pre-existing medical conditions.
Aston Lark Ireland buys specialist motorcycle broker
Deal for Principal Insurance Ireland is the consolidator's fifth in Ireland this year.
Ghost broker sentenced for selling fraudulent Esure policies
The fraudster had previously pleaded guilty in June this year to fraud by false representation, money laundering, forgery and to the offence of being an unauthorised broker.
Firms must respond to FCA pricing reform survey by 9 August
The watchdog, which announced new rules earlier this year, is canvassing brokers about their readiness to implement the remedies.
News analysis: Travel brokers and the challenges of Covid-19
As travel slowly starts to pick up again, Rachel Gordon investigates how specialist travel brokers have coped during the past 16 months of turmoil for this exclusive report.
Qlaims moves into personal lines
The MGA said the claims product could be offered as ancillary cover by personal lines brokers or embedded into a home policy wording.
FCA fines totalled £189.8m in 2020/21
The total amount fell by 15% from £224.4m in 2019/20 as the regulator also outlines its response to the pandemic and other actions taken last year in its annual report for 2020/21.
FCA Business Plan a "significant change of tone"
Industry experts say firms need to focus on fair value after the regulator reveals plans to be tough and forward-looking.
Somerset Bridge Group posts £42.4m loss
The business, which claimed £614,000 furlough cash in 2020, was snapped up by Arch Re earlier this year.
Brokers commit to flexible working model as Covid restrictions lift
Insurance Age talked to brokers to find out what their plans for returning to the office are and what long term impacts they believe the pandemic will have on working environments.