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Quizzical questions: 04 January 2019
Test your knowledge of the week's news with our topical quiz.
Insurance Rage: Ian Hughes on getting the industry off dual pricing "crack cocaine"
Should this be the insurance industry's New Year's resolution?
FCA fines down to £60.5m in 2018
Regulator’s annual total falls from £229.5m in 2017.
Profits and turnover slip at Abbey in 2018
Final set of accounts before takeover by private equity.
Broker Direct expands product set
New EDI offerings for car, commercial vehicle and home.
Ardonagh’s Swinton takeover goes through
Deal for £165m was agreed in September.
Gibraltar-based Horizon Insurance declared in default by FSCS
Company closed to new business at the end of 2016 but 1,700 UK customers may still be affected.
Boyd buys Edinburgh-based Glenavon Insurance
Second purchase for Boyd since it was bought by Broker Network in May 2017.
ABI responds to CMA’s pricing investigation
Competition watchdog criticised the sector and called for pricing intervention options.
Abbey owners Prestige buy Autoline
Two major players in the Northern Ireland market come together.
Insurance in the firing line as CMA calls for pricing intervention to be on the agenda
Competition watchdog responds to Citizens Advice super-complaint.
L&G Insurance appoints Ali Crossley as managing director, partnerships
She joins from Junction to replace Mark Holweger.
A Plan delivers further profit and turnover growth in 2018
CEO planning steady expansion of branch network in 2019.
Mixed feelings from brokers on Aviva's subscription product
Experts worry it could lead to “surge pricing” but see positives too including transparency and flexibility.
Subsidence to schemes – the industry issues brokers clicked on in October and November
The market has also been keen to learn more, via sister site Insurance Hound, about business interruption, Brexit and construction plant theft.
Brightside targeting £250m GWP within five years
Broker looking to digital for organic growth but is also ready to buy.
The Blog Spot: Solving dual pricing with three figures
In an excellent piece in The Times last month was a reference to a suggestion – that renewal invitations should in fact have three prices on them.
Wiser Academy launches heavily subsidised training programme for brokers
New Kick-Start offering comes with 90% government funding.
New whitepaper advises on how to future proof your scheme business
Insurance Age and Axa release the third in a series of whitepapers to help brokers and MGAs launch and manage schemes and delegated authorities.
SEIB buys Greenwood Moreland Insurance Brokers' equine book
Book was sold to build on existing foundations and to deliver a higher level of expertise.
Sweeney leaves Brightside
Broker looking to replace the MD with a chief operating officer after restructure.
Video: Scheme Smart - How To Future-Proof Your Scheme
The third episode of Insurance Age’s documentary series with Axa, Scheme Smart, focuses on what steps can be taken to future-proof schemes and delegated authorities and what sectors brokers can look to for future growth.
Biba renews holiday travel scheme with Syndicate DTW1991
Trade body extends relationship for a further three years.
Ceta targeting up to 500 brokers with new online non-standard property service
“Game changing” offering set to go live in mid-January.