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FCA fails to stop clone broker on Facebook
Insurance Age gets page operated by fraudsters removed from the social media site.
Aviva promises brokers better prices as it adds van, home and motor to Fast Trade
Insurer targeting double-digit millions of pounds through platform’s new offering.
Quizzical questions: 29 June 2018
Test your knowledge of the week's news with our topical quiz.
Best year for UK motor insurance market since 1994, says EY
Research shows second best underwriting result since records began in 1985.
Nigel Phillips predicts further growth for CDL after record year
Business investing in chatbots and virtual voice technology for brokers.
Report suggests Amazon could expand Protect product
However CB Insights said that Amazon acting as more than a distributor in the home market was “unlikely”.
Insurance Cares: FCA challenges industry to help vulnerable customers access insurance
Regulator to work with the sector to make it easier for people with pre-existing medical conditions to access specialist travel insurance providers.
InsurTech Futures: LexisNexis rolls out software to tackle ghost broking
Service also aimed at preventing fronting on motor quotes.
CDL turnover breaks through £50m in 2017
Post-tax profit dips as investment continues.
Quizzical questions: 22 June 2018
Test your knowledge of the week's news with our topical quiz.
Blog Spot: Will Allianz end up with takeover indigestion?
The Sunday Times led the way this weekend with the news that Allianz is surveying the insurer smorgasbord and keen to fill its plate.
Lyndon Wood upbeat as Moorhouse returns to growth
MGA changes caused 2017 turnover and profit to shrink.
Insurance Cares: “Revolutionary” HIV travel policy launched
Emerald Life has set up the cover and says it is the first policy that does not require customers to declare HIV as a pre-existing condition.
MS Amlin pulls out of UK household
Renewals were offered until 31 May 2018.
Blog: HNW household rates – a false sense of security?
Derrick Potton, of Hiscox, calls for market wide correction to artificially low high net worth household rates.
Clone broker targets people via Facebook
Clive Jones, general manager at Car Insurance 4 u, says broker has had calls and emails from a number of potential clients who have been approached by the fraudsters.
InsurTech Futures: Zurich working with Apple on new broker app
UK rollout expected before the end of the year.
More deals on the horizon for Stackhouse Poland
Group CEO Tim Johnson “delighted” with Lucas Fettes and double digit organic growth.
Covéa consults on job cuts
Insurer said changes in commercial and HNW would hit a “relatively small” number of people and stated there were no plans to scale back in these markets.
Private equity injects £28m into Right Choice
LDC has taken a minority shareholding in Right Choice and the money will be used to develop the broker’s technology and software platforms.
Podcast: The top five stories of the week
Insurance Age’s editor and reporter get behind the headlines of the most read stories of this week.
Towergate-owner Ardonagh adds £98.3m to coffers
The business has increased its spending pot as market speculation grows around its interest in Swinton.
Home insurance may be Amazon target
Reports suggest that the tech giant has discussed how it could enter into the home insurance market.
Swinton sale: Ardonagh in the mix and Markerstudy interested
Both organisations have previously run the rule over Swinton and could now bid.