Home insurance
PremFina leaders tackle growth, profitability and regulation changes
As PremFina restructures for “the next stage of the journey”, chief product and revenue officer Laura Sweetman and chief strategy officer Danielle Medhurst share how it will partner with brokers en route to reaching profitability by the end of June next…
Allianz UK boss Holmes sees bright future from broker engagement in hubs and tech
Allianz UK has opened three hubs to work with brokers and will be rolling out technology developments this year into 2026, CEO Colm Holmes told Insurance Age.
Home premium quotes fall 3.9% in Q2
Average quoted prices for home insurance fell by 3.9% in the second quarter, according to the latest Consumer Intelligence Home Insurance Price Index.
Property payouts hit £1.6bn in second quarter
Insurers paid out £1.6bn for property insurance claims during the second quarter of the year, research from the Association of British Insurers has shown.
Ecclesiastical warns of growing subsidence risk
Ecclesiastical Insurance has urged property owners to take precautionary steps as the risk of subsidence and wildfires has increased following an extended dry spell.
Home insurance premiums flat in Q2 – ABI
The average price of combined building and contents home insurance was stable in the second quarter of 2025 at £391, according to the Association of British Insurers.
MGA Arkel secures £120m AmTrust capacity
Specialist managing general agent Arkel has secured an increased limit of £120m gross written premium of A-rated capacity with AmTrust over the next three years for non-standard household insurance.
Experts respond to ‘much ado about nothing’ FCA premium finance review
“After weeks of speculation, the overall feeling is one of ‘much ado about nothing’ – especially if you’re a firm doing the right thing,” said Michael Sicsic, managing partner of Sicsic Advisory, on the Financial Conduct Authority’s premium finance…
No broker commission bans or compulsory 0% APRs on premium finance, says FCA
The Financial Conduct Authority has confirmed it is not going down the route of banning broker commission in premium finance and will not be forcing a 0% annual percentage rate or bringing in a single level market-wide cap.
Fairer Finance calls for government intervention on ‘discriminatory’ insurance pricing models
Fairer Finance has tackled unfair and discriminatory pricing models driving a “poverty premium”, and called for the government and regulators to intervene as it made five recommendations.
Flood Re posts 20% policy growth to new record but profits down
Flood Re has posted a 43% fall in pre-tax profit to £13.5m as rising reinsurance costs more than outweighed lower claims costs in the year ended 31 March 2025.
Insurance revenue at Moneysupermarket slips 2% at half-year
Moneysupermarket’s insurance revenue dropped 2% to £117.7m in the first six-months of 2025 compared to the same period last year.
Premium Credit open for business after Close Brothers broker and personal lines cuts
Premium Credit has confirmed it is “there to support any distribution partners”, following competitor Close Brothers pulling back on personal lines premium finance lending and exiting up to 120 broker relationships.
Close Brothers to cut broker relationships in personal lines pull back
Close Brothers has confirmed it will exit some broker relationships over the next year as it pivots away from personal lines premium finance to focus on commercial business.
Home insurance premiums fall 3.8% in Q2
Home insurance premiums continued to fall in the second quarter of 2025 with the average top five prices down by 3.8%, according to Pearson Ham.
Aviva names Owen Morris UK personal lines CEO as Direct Line deal completes
Owen Morris has been appointed CEO of UK personal lines at Aviva as the Direct Line takeover went through.
CDL grows revenue but profits slip below £10m in 2024
CDL has posted a third consecutive year of falling profits after tax, with the figure standing at £9.36m in 2024.
Policy Expert grows pre-tax profit by more than £25m as motor moves into black for first time
Policy Expert increased its profits before tax to £30.1m in the last financial year, up significantly from £4.9m, as underlying Ebitda more than doubled to £55.3m.
Arkel rolls out landlords product on Acturis
Managing general agent Arkel has added its landlords let property insurance ‘Premier Let’ to Acturis meaning it now has products on every software house.
Atec buys Moorhouse from Lucida
Atec Group, owner of digital niche personal lines broker Ceta and managing general agent Arkel, has added to its stable and moved into the SME market buying Moorhouse from Lucida.
ABI hails ‘welcome relief’ of government’s flood defence spending commitment
The Association of British Insurers has welcomed the government committing to spend £7.9bn on flood defences over the next decade.
Interview: Emma Rawlinson, CEO of Markerstudy Distribution
After four job titles in just 12 months, Markerstudy Distribution CEO Emma Rawlinson tells Insurance Age about what comes next on brands, growth, acquisitions and more for the multi-billion-pound business as the Atlanta integration proceeds at pace.
Markerstudy Distribution eyeing up consumer lending opportunities
Markerstudy Distribution is investigating the possibility of moving into consumer lending, CEO Emma Rawlinson told Insurance Age.
Home insurance pricing falls speed up
Home insurance premiums saw their most substantial monthly decline of the past year in May, falling by 1.9%, according to Pearson Ham.