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Marmalade unveils pay-as-you-go policy for young drivers
The product, which the broker claims is the first of its kind in the UK, is underwritten by Ageas and uses specialist smartphone telematics technology to record how users drive.
RSA directors urge shareholders to vote in favour of Intact/Tryg takeover
Shareholders are set to vote on the deal, which would see the UK part of the business sold to Canadian provider Intact, in January.
Fresh sellers hit back and deny misleading Kingfisher
The group issued a raft of denials and counter claims following Kingfisher accusations of misconduct, data breaches and misuse of the MyLicence platform.
Alison Meckiffe steps in as Endsleigh CEO
Meckiffe replaced Jeff Brinley who recently joined Be Wiser as chief financial officer.
Zurich and Plum Underwriting agree £150m capacity deal
The five-year personal lines deal sees Zurich replace Lloyd's capacity.
Be Wiser takes Endsleigh CEO
The broker has also changed Peter Hubbard’s role from non-exec chairman to NED to enable him to work more closely with Mark Bower-Dyke on the business’s strategy.
Markerstudy & Co-op confirm completion of £185m deal after two year wait
The transaction, which will boost Markerstudy's GWP by £500m, was first announced in January 2019 and has previously been criticised by Union Unite after it was revealed that it could result in 200 job losses.
Home insurance premiums continue slide as lockdown keeps criminals at bay
Research from Consumer Intelligence shows premium reductions are accelerating as the year draws to a close.
Mint Insurance Brokers joins James Hallam's AR network
Mint is a retail and wholesale broker wit ha team of 18 staff.
Analysis: Is the Intact takeover of RSA UK good or bad news for brokers?
Mark Richardson examines Intact's track record when it comes to integrating acquisitions and its approach to working with brokers.
Aviva grows UKGI commercial lines premium by 10%
Overall premiums remain flat after the provider continues to shrink its personal lines business, as Aviva also revises its expected impact from Covid-19 related claims to around £100m.
Go Compare owner sold for almost £600m
GoCo has been bought four years after its Esure de-merger.
Private equity picks up the AA for £219m
An offer from Towerbrook and Warburg Pincus has been recommended to shareholders.
Blog: Fair pricing and rebuilding trust
Why a robust complaints process from brokers and insurers could help restore trust in the home and motor markets following the dual pricing review.
CMA fines ComparetheMarket £17.9m
The watchdog says the comparison website breached competition law by using clauses prohibiting home insurers to offer lower prices on other aggregator sites, resulting in higher premiums.
Ardonagh reveals 14.4% growth in adjusted Ebitda
The business says it has a "robust forward-looking pipeline" after making five deals in Q3 2020.
Daulby Read reveals deal-making plans
MD Peter Goddard tells Insurance Age about the firm's mission to keep broking "at the heart of the community" and discusses its recent purchase of Townsends Insurance Brokers.
RSA suitors agree cash offer
RSA board says it will recommend the £7.2bn deal to shareholders as Intact and Tryg take next step to buy and split the insurer.
Ageas reports 94.6% COR
The provider said Q3 numbers were “healthy” and reflected lower claims frequency and strong prior year releases.
Intact secures billions in funding as RSA sale talks forge ahead
If a firm offer is made Intact will buy RSA's Canadian and UK & International operations.
Rate hardening expected to speed up insurance sector recovery from pandemic recession
Swiss Re chief economist says the insurance industry is more resilient than expected, while the global economic outlook remains fragile.
Aston Lark buys MS Amlin division
The broker has purchased specialist marine pleasure craft insurance provider, Haven Knox-Johnston, for an undisclosed sum.
Brokers hope "inevitable" RSA sale will inject new life into the "sleeping monolith"
Some brokers expect potential deal to re-energise RSA, while others criticise the provider's "poor performance" and predict an uncertain future for its UK operations.
RSA talks value insurer at £7.2bn
Two potential bidders are circling and proposing to split the provider.