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.
Insurer says home products can still be bought through the broker channel.
Connected home provider is working with Aviva to create a home proposition for brokers, following the insurer taking majority stake in the InsurTech start-up.
But the provider's UK household segment reports loss after weather impact.
Broker business NIG's GWP was flat, while the number of in-force policies grew.
Citizens Advice calls for dual pricing discussion to “begin from the assumption that pricing differences are unfair” at Parliamentary meeting of regulators and trade bodies.
CEO Andy Watson says motor was the "star of the show" in 2018, comments on Brexit preparations and addresses potential redundancies in Stoke and Port Solent offices.
The provider said the offering has been designed to help brokers compete with direct writers with quote and bind taking less than two minutes.