Personal
Quizzical questions: 05 January 2018
Test your knowledge of the week's news with our topical quiz.
Ten launches personal lines department
Network hires Carl Jones as head of personal lines.
Broking Break: Your Top 5
A frantic start to the year on the news front saw acquisitions, a familiar theme from 2017, continue to dominate. Miles Smith, Markerstudy and Endsleigh being sold to A-Plan dominated the list but there was still room for SSP’s outage costs to make an…
Arc Legal launches household cyber cover product
The personal support policy can be provided via brokers as part of a home insurance policy or as part of legal expenses cover.
Shuker hails Endsleigh deal as return to independence
The A-Plan CEO said the brokers complement each other and once the deal goes through A-Plan will have over £500m in GWP.
Tempcover targeting growth in “perfect storm” of increasing demand
Broker to spend on advertising, staff, IT and potentially acquisitions after private equity-backed MBO deal.
Allianz and LV deal approved
Announcement made on 29 December 2017.
A-Plan buys Endsleigh
The deal was for an undisclosed sum and Endsleigh will continue to operate as a separate entity.
Tempcover completes £13.3m MBO
Deal backed by private equity firm Connection Capital.
Profits down one third at UK General for 2016/17
Results show net written premiums ticking up by 3.6%.
Losses narrow to £3.48m at Sure Thing! in 2017
Gross written premium and policy numbers stable at the broker.
Review of the year: October 2017
Reaction to the government’s Ogden rate proposals, a broker start-up, Martin Oliver’s departure, ongoing consolidation and Aon buying Henderson topped the charts in October.
Profits up again at A-Plan
Broker reveals 12% rise in turnover for 2016/17.
Hughes aims to grow personal lines with 20 hires
The recruitment drive follows a management restructure earlier this year.
Review of the year: April 2017
As we swung into Spring Swinton, FCA probes and warnings, and Towergate were all most read in the month of April.
Das teams up with VM Insurance on recreational vehicle product
The bespoke product for campervans and motorhomes will be available to the broker market.
Biba sends warning on Ogden rate decision delays
The warning comes after the Justice Committee said more evidence was needed before the government can make a decision on how the rate should be set.
Coversure reveals 7.9% rise in turnover for year to March 2017
Group CEO Bob Darling pleased with results as profits and GWP also increase.
Open GI ties up with Brightside on commercial lines
Technology company also reveals new deals with Fresh and Right Choice.
FCA spent £1.4m on Financial Lives report
The regulator paid other firms £647,651 in 2016/17 to conduct the survey.
Broking Break: Your Top 5
Ardonagh’s results have once more piqued the interest of brokers as did a court case, an investment in an aggregator, underinsurance and motor profitability.
BGL rules out IPO following £675m investment
Current owner BHL will retain the majority shareholding of the group which includes Compare the Market.
InsurTech Futures: Broker Inlet launches with sharing economy focus
The CEO of the Norwich-based business is former head of pricing at Arthur J Gallagher Louise Birritteri.
Adjusted Ebitda hits £79.1m for Ardonagh Group
CEO David Ross says results for the Towergate-owner were strong with positive income and Ebitda growth in the nine months to 30 September 2017.