The new rules that affect travel insurance providers come into force on Monday, 26 April.
As demand for flexible on-demand insurance products is accelerated by Covid-19, Insurance Age investigates what the challenges and opportunities are for brokers.
The pandemic along with pricing action needed to meet the FCA's crackdown on dual pricing is expected to cause continued uncertainty in the motor market, according to Confused/Willis Towers Watson.
The sale includes Fresh-brands Autosaint, Ladybird and First Van.
Kingfisher (formerly Vantage) bought Fresh in 2018. The sale follows Kingfisher taking the Fresh-sellers to court alleging it had been “induced to enter into the purchase by fraudulent misrepresentations made by and/or on behalf of the warrantors”.
Move follows redundancies and a number of management exits at Be Wiser and will see the personal lines broker operate alongside Swinton, Autonet, Carole Nash and Marmalade.
Aston Lark Ireland CEO Robert Kennedy says further acquisition announcements are "imminent" as broker makes its second Irish deal of the year.
Following on from GRP's surprise purchase of Marsh Networks, Martin Friel investigates how consolidation is changing the networks landscape.
Mulsanne says it has suffered loss and damage of at least £39m, as judge orders Marshmallow to disclose information relating to the case.
The CEO tells Insurance Age about his plans in the telematics and pay-as-you-go insurance areas, as he reveals Atlanta has another five or six deals in the pipeline.
One year after launching its first product in the UK, Getsafe CEO Christian Wiens tells Insurance Age about the insurtech's expansion plans.
Move follows hot on the heels of its purchase of the corporate retail book of business from AFL Insurance Brokers.
The company has chosen to team up with Wakam, deeming it “a more flexible European capacity provider.”
Marmalade was set up 15 years ago and specialises in drivers under 34.
The new offering is designed to protect policyholders and insurers or MGAs when a broker ceases trading.
The insurance startup company, which is known for its gadget insurance, is now offering its customers home insurance as well.
The figure includes its buy of Bravo Group, which owns Broker Network and Ethos, and its Arachas acquisition.
Following consultation the regulator has given firms fresh deadlines to implement rules relating to the loyalty penalty.
Private equity is driving an M&A boom in UK broking but often we don't know who is behind it. Insurance Age gets to know the key figures.
The business is backed by Munich Re and will initially focus on UK property, including main residences, holiday homes, second residences and let properties.
It is believed 134 jobs are at risk at its Peterborough headquarters with a further 116 under consultation at other locations.
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Gary Humphreys says the provider is actively looking to buy more businesses as he flags further consolidation in the personal lines space.
The motor insurance specialist, which is Abacai's first acquisition since it launched last month, will remain a standalone business run by its current management team.