Aggregators
Das warns on LEI drop
Das has warned that the number of policy holders taking out uninsured loss recovery has now hit an estimated 50%, down from over 80% a few years.
Video: What The Papers Say latest edition
In the December edition Ageas' director of communications, Paul Lynes, updates the audience on the insurance industry's negotiations with the government over the ending of the Statement of Principles in June 2013.
Hacking puts technology under spotlight
Brokers upbeat about trading online despite SSP and Google Compare breach
Davey defends SSP service
Jonathan Davey, managing director of Keychoice, has defended SSP as doing "a damned good job" following the interruption to its broker service with aggregators.
Pressure predicted to build for household insurers
Ernst & Young has predicted a 95% combined operating ratio (COR) for household insurance across the industry for 2012 despite the impact of weather and flooding.
SSP insists security issue has been resolved
SSP has insisted that the security vulnerability sustained following an "unauthorised attack" yesterday has been resolved.
SSP suspends service on aggregators
SSP's service on aggregators including Moneysupermarket, Go Compare, Confused.com and Comparethemarket has been suspended.
Profits up at Transactor
Transactor Global Solutions Limited (TGSL) and associated companies has announced a 20% increase in pre-tax profits to £600,000.
In conversation with Zurich: Personal lines broking
Personal lines brokers have endured endless change in insurance distribution and survived – and they continue to do so.
Personal Lines Broking: Challenges on the horizon
After facing multiple threats that promised doom and gloom, personal lines brokers are ready to face down further challenges coming their way
Gocompare delivers £34.7m profit
Gocompare.com has announced a £34.7m pre-tax profit for 2011, a 15% increase on 2010.
MMA scraps aggregator plans
MMA Holdings has confirmed it will not be launching an aggregator platform meaning redundancies are likely.
Oliver to be UK CEO at A&A
Martin Oliver has confirmed to Insurance Age that he will become the new UK chief executive officer at Allen & Allen group once he has completed his notice period at Barbon.
Free to compete
The advent of real-time pricing could free brokers’ hands and create a more level playing field
SSP launches real-time pricing hub
SSP has claimed that it is set to transform the intermediated personal lines market with the launch of a new ‘quote hub’ providing brokers with real-time pricing.
AA latest provider to dive into telematics
The AA has unveiled Drivesave, a telematics product designed to reward safe drivers with lower premiums.
Homer: Biba should represent all forms of intermediation
The British Insurance Brokers’ Association (Biba) should be the trade body for all forms of intermediation and not limit itself to brokers according to its new chairman, Andy Homer.
Profile: Biba does Brussels
Distribution, European influence and a united voice for insurance are just some of the key areas new Biba chairman Andy Homer and CEO Eric Galbraith are focusing on, writes Martin Friel
A year to remember
Tony Cornell looks forward to the year ahead and predicts what 2012 holds in store for brokers
Patrick Smith not involved in Swinton share drama, says internal memo
Covea, the French insurer and ultimate parent of Swinton Group, has moved to distance chairman Patrick Smith from any wrongdoing associated with the sacking of the Swinton board.
‘Strategic’ decision delays aggregator offering
The launch of a new aggregator due to hit the market early in 2012 has been delayed as part of a ‘strategic decision’.
FSA warns aggregators not to breach permissions
The Financial Services Authority (FSA) has expressed concerns that comparison sites are helping to arrange and advise on sales without the correct permissions.
BGL reports 16% growth in profit
BGL Group has reported pre-tax profits of £72m for the year end June 2011, a year-on-year growth of 16%.
Smaller brokers may get locked out of SME sector by aggregators
SME aggregator market dominated by two large players may mean brokers get left behind