CEO Steve Treloar explains the consultation process is now complete after the provider last year put up to 600 roles from across LV and L&G at risk as part of a restructure.
PI and property rates were hit hard following the Grenfell fire horror. Martin Friel investigates the wider insurance implications but is met with deafening silence from providers as brokers sound the alarm.
Tigon focuses on travel and Covid-19 cancellation cover as Rock seeks to diversify.
The takeover, which includes Marsh ProBroker, Bluefin Network and Purple Partnership, will see David Hopwood continue to lead the combined networks business as part of the GRP executive team, as group CEO Mike Bruce promises there will be no redundancies.
The move follows staff at the motor broker being put under consultation last week.
Simply Business has partnered with insurtech MGA Equipsme to allow its customers to directly purchase health insurance plans online for the first time.
All 280 staff are under consultation as the business looks to reorganise following a series of losses and a "tough" pandemic.
Combined operating ratio for the UK business deteriorated to 97.8%, but GWP was up by 11%.
RSA shareholders voted to approve the deal last month.
The dispute centres around accusations of misconduct, data breaches and misuse of the MyLicence platform at Fresh, which was bought by Kingfisher in 2018.
IFED warns of ghost brokers exploiting the pandemic, with fraudsters targeting victims on social media.
Covid-19 has resulted in a rapidly evolving risk landscape for fine art organisations. Beazley's Simon Aitchison argues clients need to work closely with their insurance brokers and insurers to identify these new risks the face, and ensure that they have…
James Hallam’s Colin Watts calls for common sense and explains that, during a long career in insurance, the risk of pandemic has never been proposed as an insurable product.
Exclusive: Mazars' Simon Fitzsimmons discusses why the broking sector is attractive to private equity and international investment and predicts we will see fewer larger deals in 2021.
The proposals include giving Flood Re the ability to offer discounted premiums to households that have fitted flood resilience measures to their property.
The broker's turnover fell but adjusted Ebitda grew in 2019 according to its latest set of financial results, as the business also comments on its sale to Ormiston Holdco in early 2020.
The document has been designed to help brokers comply with regulatory obligations.
CEO David Howden hopes A-Plan will help attract UK brokers who do not want to join the "traditional aggregators" as it explores deals of all sizes.
The Gibraltar-based insurer, also known as Tradewise Insurance Company, which went into run-off last year, cannot meet claims in full.
Insurance Cares: The document has been developed by Fair By Design with input for providers and regulators and has been created to help vulnerable customers.
QIC is also set to participate in the transaction, as Markerstudy says it plans to grow organically and through acquisitions.
The broking group says it has facilities of over £300m to support growth and acquisitions, as it looks to make more deals in the retail space and to grow its MGA arm, Dual.
The investment is set to “accelerate strategic M&A” for the broker as it is also confirmed that former backer, the Carlyle Group, has retained a minority stake in the business.
Brokered and direct customers will be offered access to five counselling sessions if they claim.