Home insurance
CMC employee jailed for fraud and abuse of position
The individual stole nearly £18,000 from the CMC and attempted to steal approximately £17,000 more.
"Golden age for brokers" as FCA cracks down on dual pricing
Consumer Intelligence CEO Ian Hughes points to opportunities for brokers as the industry deals with the "crack cocaine" of insurance, dual pricing.
Brokers warn dual pricing debate should not focus solely on price
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.
Freedom partners with ThingCo to launch Pukka Tech
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.
Saga considering sale of Bennetts for second time, say reports
Reports suggest Saga is now under pressure from new investor Elliott Advisors.
Saga profits plummet in all operating areas
Underlying profit before tax fell 22.6% in retail broking and 53.3% in underwriting.
Video: Close Brothers reveals personal lines data
Sharon Bishop, CEO of the premium finance provider, discusses the organisation's recent broker survey and what respondents had to say about personal lines.
Accredited Europe partners with two UK MGAs
Maltese provider is now working with Sophro MGA and has extended its agreement with First Underwriting.
Admiral reveals £33m Ogden hit in H1 2019
Provider posts modest turnover and profit rises.
Hastings profits slip in H1 this year
Results for the first half of 2019 show decreased profit and an £8.4m Ogden hit as company reports growing GWP.
Brolly CEO reveals new product that counters "absurd" dual pricing practices
InsurTech Futures: Broker launches new contents policy which includes loyalty discounts.
Quizzical Questions: 2 August 2019
Test your knowledge of the week's news with our topical quiz.
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.
InsurTech Futures: Aviva-backed Neos sells 75,000 smart cameras
Home insurance provider will soon be targeting brokers too.
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.
Home & Legacy refreshes household e-trading platform
HNW specialist says the changes, which aim to reduce time when making a quote, were made in response to broker feedback.
Cavere Intermediary refreshes home insurance product
Policy is underwritten by Ageas and has been made available to the broker market.
Which? survey reveals worst insurers for handling claims
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.
Brexit and customer fairness dominate FCA 2019/20 plans
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”.
Citizens Advice slams home insurers in dual pricing report
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.
Saga says renewal pricing strategy change “aligned with FCA goal”
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.
Aston Lark buys Highworth Insurance
Deal is the consolidator's second in 2019.
Legal & General unveils tech solution for brokers
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.