Profit for the business, formerly known as Eldon, slipped to £5.0m from £6.4m the previous year.
MP, Tony Lloyd, slams Markerstudy over potential loss of 200 jobs and failure to recognise Unite and calls on Co-op to examine "moral compass" amid sale which is yet to complete.
Former owner and CEO, Sir Roger De Haan, is expected to invest up to £100m in the business as he returns to the board as non-executive chairman.
The three potential buyers have an additional four weeks to make a bid for the AA as the motor specialist says discussions are progressing.
The agreement was originally announced in March this year and will see the creation of the world’s largest broker.
MD Julie Gibbons discusses the broker's rebrand, acquisition plans, opening up after lockdown and how the business has ended up with a female majority in management roles.
ACSO's Matthew Maxwell Scott says claims numbers cannot continue to be cited as the reason for increasing car insurance premiums and urges the insurance sector to cooperate to improve the customer claims journey.
Group CEO Paul Moors chats to Insurance Age about the broker’s Watson Laurie deal, future growth plans and cutting ties with Gefion.
Regulator says fraudsters are giving out details of the authorised company as part of their tactics to scam people in the UK.
CFO Mark Mugge says specialist motor broker is gearing up to make acquisitions and predicts the personal lines sector will see rate increases as a result of the pandemic.
In the run up to the 2020 UK Broker Awards Insurance Age is profiling all the shortlisted firms and individuals, with today’s focus being The Young Broker of the Year.
The recent heatwave, followed by storms, has heightened the risk of flash-flooding. Richie Toomey, of Lexis Nexis, explores how brokers can use data to mitigate the impact.
Following Broker Extra in July, Insurance Age caught up with one of the speakers, Aviva chief distribution officer Phil Bayles, to discuss some of the key topics that came out of the event
CEO Penny James comments on the provider's Covid-19 strategy as COR improves but in-force policies reduce.
2020 COR for the first half of the year was 83.0% compared to 92.3% on H1 2019.
Broker reveals it recently undertook a strategic restructure, creating a single insurance division, and completed a deal for broker Robertson-McIsaac.
In the run up to the 2020 UK Broker Awards Insurance Age is profiling all the shortlisted firms and individuals, with today’s focus being The Personal Lines Broker of the Year.
Broker states it has a number of deals in due diligence and expects to add to its portfolio soon.
Ardonagh’s £26m purchase of the motorcycle specialist approved by the FCA, but the ongoing CMA inquiry looking at how the transaction impacts competition in the market continues.
The provider reported a result after tax of £22.8m compared to £45.4m in H1 2019.
UK COR hit 106.3% for the first half of 2020 as GI CEO Colm Holmes points to a strong underlying performance despite the business remaining in cost-cutting mode.
The CEO said that as part of this there may be some market withdrawals and “difficult” decisions as she reaffirms Aviva’s commitment to brokers as UK COR soars amid Covid-19.
However commercial business sees GWP decline in H1 2020 numbers as provider predicts £80m Covid-19 BI hit.
The deal values Hastings at around £1.66bn as the provider also publishes half year results.