Personal
HNW brokers risk relationships turning “transactional” due to workloads
Many high net worth brokers are failing to engage with clients as much as they should because they are over-stretched, lack confidence and time poor, creating relationships that are merely transactional.
Top 100 Broker expands into Republic of Ireland
Staysure has launched into the Republic of Ireland, bringing its portfolio of travel insurance products to the market.
Premium Choice moves from Close Brothers to Premium Credit
Top 100 UK Broker Premium Choice has signed a multi-year deal with Premium Credit moving away from Close Brothers Premium Finance.
Third quarter of motor premium falls – ABI
Average motor insurance premiums fell £13 to £551 in the third quarter, according to the Association of British Insurer’s latest tracker.
Sign up to attend Insurance Age’s High Net Worth Forum now
The only event for high and ultra-high net worth brokers who want to be one step ahead of the game returns next week.
Aviva demands crackdown as ghost broking surges 22%
Aviva has called for tougher enforcement, stronger penalties and better education to crackdown on ghost broking as it detected a 22% surge in cases since 2023.
UK growth accelerates at Hiscox
Hiscox has maintained “positive momentum” in the UK with written premiums up 8% in the first nine months of the year to £543.1m.
Brokers on the ‘frontline’ in tackling insurance fraud
Nearly one in five people (19%) believe it’s justifiable not to disclose the full truth on an insurance application – a figure that rises to 21% among those with motor insurance, research by Ageas UK has revealed.
Home insurance premium falls speed up
Average quoted prices for home insurance fell by 4.8% in the three months to September, according to research by Consumer Intelligence.
Markerstudy adds former Allianz leader Price as director
Markerstudy has added ex-Allianz leader Victoria Price as capacity and partnerships director.
ERS MD eyes international and motor innovation opportunities after Starr buy
While it is business as usual for ERS brokers and clients following the acquisition of parent IQUW by Starr this week, managing director Martin Hall is already spying future opportunities, especially for its motor innovation team.
Allianz announces five-year deal partnership with telematics MGA
Allianz UK has announced a new partnership with Ticker, the specialist motor telematics managing general agent.
Allianz Personal Broker recruits Sainsbury’s Bank insurance head Yuill
Allianz UK has recruited the head of insurance at Sainsbury’s Bank Vicky Yuill as distribution director of Allianz Personal Broker.
Dalby to lead at Howden as Ogley exits
Mike Dalby has been appointed CEO of Howden consumer and local commercial to lead its UK high street business with immediate effect as Kelly Ogley leaves the business.
Geo Underwriting expands marine product access for brokers
Geo Underwriting has made Navigators & General’s boat club product available to all UK brokers who trade with it.
Kelliher reveals profit jump in 2024 as turnover rose
Top 100 UK Broker Kelliher Insurance Group grew turnover by 4.3% last year with post-tax profit surging 49.8%.
FSCS declares Scottish broker in default
The Financial Services Compensation Scheme has declared Scottish broker Arthur Temlett, trading as Abacus Insurance Consultants, as being ‘in default’ in its latest update on the ongoing situation.
Bexhill’s Takhar on record results and the regulatory environment for premium finance
With a book of broker relationships at over 100 and growing Ravi Takhar, CEO of Bexhill UK, explains how the premium finance provider is pushing ahead after its record-breaking results and his hopes for the industry.
Sabre CEO Carter shares frustration at market underpricing
“While it is slightly frustrating that the market has underpriced against on-going claims inflation, we had anticipated this, and it is factored into our business model,” Sabre CEO Geoff Carter stated as the insurer revealed a trading update for the…
FSCS steps in for failed Gibraltar insurer Premier Insurance
The Financial Services Compensation Scheme has stepped in to protect over 16,000 policyholders of failed insurer Premier Insurance Company Limited as it highlighted the identity of the Gibraltar-based motor provider.
Jensten reveals five Coversure buys in roster of 10 deals over the past year
Jensten’s purchase of Martin Insurance Services, as reported by Insurance Age, was the tenth since the last set of announced deals in August 2024, the broker has confirmed.