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LV GI's Treloar warns of discount rate-led premium rise
The CEO blamed Ogden for the increase as he pledged commitment to UK brokers and discussed the impact of the L&G deal following LV interim results.
Ghost broker sentenced for 18 counts of fraud
The “prolific” scammer was caught after Hastings identified a number of incepted policies in 2016.
Dye commits to great broker service following branch closures
The Allianz CEO points to 3.7% underlying business growth as he discusses the provider's half-year results and weighs in on the amended discount rate.
LV deal continues to affect Allianz numbers
Purchasing the remaining stake in LV has impacted the provider’s half-year numbers.
RSA’s Egan issues cautious welcome to H1 results
The CEO for UK & International is awaiting full year numbers ahead of any celebration as UK COR improves to 94%.
Direct Line points to NIG growth in H1 results
In force policies at the broker-focused part of the business grew 2.4% as the group numbers flag a £15.9m Ogden hit.
Rise in motor insurance prices last quarter
Data gathered by the ABI finds repair costs climb to £1.2bn in Q1 2019, the highest since the ABI started the survey.
Red Sands scoops up failed insurer Lamp’s home policies
Now4Cover has moved the customers to Gibraltar-based provider Red Sands.
Legal & General adds Rainbow to Acturis panel
The provider’s Rainbow suite of products is now available to brokers using the Acturis platform as the insurer commits to the broker channel.
Ex-Ardonagh deputy CEO Janice Deakin: "I need a break from big deals"
Former Ardonagh deputy CEO Janice Deakin has stepped back at the consolidator and vowed that she needs a ‘break’ from big deals having worked on the acquisition of Swinton, but added the idea of acting as a non-executive director at another firm…
Hedge fund takes stake in Saga
Elliot has invested in the insurance and travel provider.
Insurers disappointed by the new discount rate
Government has changed the rate from -0.75% to -0.25%, which is a smaller rise than what was generally expected.
Saffron buys Bridge Insurance Services
Deal is the broker's fourth since being bought by Broker Network, now Ethos, in January 2018.
Acturis buys Zycomp Systems in Canada
Move follows the software house's expansion into the German market.
Three directors out as Policy Expert buys loss-making Sure Thing!
Adam Powell takes over as CEO as Sure Thing!’s Brendan Devine, Stevie Sutherland and Kevin Kiernan exit the business.
Saga group CEO to retire
Provider has started the recruitment process to find a successor, as Lance Batchelor is set to leave the business in January 2020.
"Business as usual" for Allianz, LV and L&G following deals
Allianz UK CEO Jon Dye says there are no redundancy plans following the insurer's purchase of L&G GI, with the process of moving business from L&G into LV expected to take around two years.
Open GI to headline Broker Expo 2019
More than 1,000 brokers to attend 7 November event.
Brokers to benefit from L&G deal, says Allianz's Dye
The UK CEO says brokers will remain Allianz's biggest distribution channel after the deal has been completed, as it also buys the remaining stake of LV with the intention of combining the two entities.
Allianz UK buys L&G's GI division for £242m
Provider to combine the business with LV following the completion of the deal.
A-Plan confirms south west deals
The personal lines broker bought Westward Counties and Acer and has assimilated their books of business into its own local branches as it eyes pipeline of buys.
Ardonagh closes 24 Swinton branches
The company's Q1 results revealed that £6m had been spent by Ardonagh on the closures.
BGL launches new short-term motor insurance brand
It is the first on-demand product from the distributor and offers customers policies for between one hour and 30 days.
Diversity & inclusion success in Insurance to be celebrated at new Age awards
The first Diversity & Inclusion in Insurance Awards to be held in November