The individual stole nearly £18,000 from the CMC and attempted to steal approximately £17,000 more.
Consumer Intelligence CEO Ian Hughes points to opportunities for brokers as the industry deals with the "crack cocaine" of insurance, dual pricing.
Experts say the FCA should also consider value and quality of service, after the regulator hinted at a potential ban on dual pricing in its interim report.
InsurTech Futures: Initial aim is to improve Freedom's services but the firms hope Pukka Tech’s technology will eventually be made available to other brokers and providers.
Reports suggest Saga is now under pressure from new investor Elliott Advisors.
Underlying profit before tax fell 22.6% in retail broking and 53.3% in underwriting.
Sharon Bishop, CEO of the premium finance provider, discusses the organisation's recent broker survey and what respondents had to say about personal lines.
Maltese provider is now working with Sophro MGA and has extended its agreement with First Underwriting.
Provider posts modest turnover and profit rises.
Results for the first half of 2019 show decreased profit and an £8.4m Ogden hit as company reports growing GWP.
InsurTech Futures: Broker launches new contents policy which includes loyalty discounts.
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Now4Cover has moved the customers to Gibraltar-based provider Red Sands.
The provider’s Rainbow suite of products is now available to brokers using the Acturis platform as the insurer commits to the broker channel.
Home insurance provider will soon be targeting brokers too.
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.
HNW specialist says the changes, which aim to reduce time when making a quote, were made in response to broker feedback.
Policy is underwritten by Ageas and has been made available to the broker market.
Consumer organisation asked car and home insurance customers to rate their claims experience, with The AA scoring lowest in the car sector and RSA being rated worst in home.
The regulator’s Business Plan revealed a focus on “fair treatment for existing customers” amid dual pricing investigation and warned orderly transition post-Brexit is an “immediate priority”.
Charity calls for the FCA to identify concrete solutions to the loyalty penalty as part of its insurance market study, after survey reveals home insurers make 100% of their profits from loyal customers.
The provider announced yesterday that it will offer three year fixed price insurance to customers as it seeks to increase loyalty and arrest profit downturn.
Deal is the consolidator's second in 2019.
The provider claimed that SmartQuote uses big data to find home insurance quotes in as little as one question if the broker knows the client.