Motor
Pikl reveals £100m GWP ambition
CEO Louise Birritteri told Insurance Age that the company was also preparing to expand into the shared mobility space this summer.
Axa UK & Ireland P&C revenue rises as COR improves in 2021
The provider’s revenue in the region increased overall in the past 12 months as commercial grew but personal lines shrank.
Ageas investing in digital to win with brokers, says Middle
The provider has teamed up with EIS, Amazon Web Services and Willis Towers Watson on a range of initiatives.
MGA evolution can support broker independence, says Pro Global’s Danny Maleary
MGA leader assesses opportunities for brokers, changes in capital providers backing risks, market consolidation and the sector’s expansion.
Profits up at Ageas UK but income and COR slip in 2021
Insurer saw growth in home business but motor gross written premium fell to £676.5m.
Jackson Lee highlights EV as "growing opportunity" for brokers with new launch
Jackson Lee Underwriting has launched electric vehicle early termination cover for companies participating in salary sacrifice schemes, as part of a wider push into the EV space in 2022.
Allianz focused on growth in 2022, says Holmes
Insurer posted a 9.4% rise in operating profit to £318m for 2021 but recorded a 3.2% fall in gross written premium to £3.8bn.
Axa launches EV fleet product
The insurer cited an increase in electric vehicle sales and the ability to offer a greener fleet option to businesses among the reasons for the move.
Allianz posts improved operating profit for 2021 but GWP slips
The provider reported a 3.2% decrease in GWP to £3.8bn.
High Court rules against Marshmallow on Toba breaches and confidential information misuse in Mulsanne case
The judge has not ruled on compensation with this case focused solely on liability.
ThingCo expands into Northern Ireland with broker deal
The telematics provider has sealed a deal with independent broker association Provincewide.
Opinion: LV's Mike Crane considers the future for personal lines
LV Broker’s Mike Crane reflects on the impact of consolidation, pricing practices, trust and asks if brokers are well placed to take advantage of the developments
Devitt deal adds fresh specialism to Gallagher portfolio
Retail CEO, Michael Rea tells Insurance Age that its buy of the motor specialist has been in the offing since last summer as he targets further deals.
Gallagher buys Devitt
MD William Hughes and finance director Tony Chapman will remain with the motorcycle specialist following completion.
Freeway announces £250m deal with Sabre
The deal will stretch over five years and will see Sabre become an exclusive underwriting partner for Freeway’s MGA portfolio.
In Person: Emma Rawlinson, Atlanta CEO
Rawlinson tells Insurance Age about taking over the reins from Ian Donaldson and discusses the broker's acquisition plans and the "volatile" personal lines market.
Complete Cover Group confirms potential job losses
Motor broker says it is reviewing its approach "in line with wider market changes".
Pen extends links with QBE for £300m capacity deal
The long term agreement is for three years and covers a range of sectors.
First Underwriting eyes £130m GWP
The MGA is also looking to expand into fresh product lines following its £1bn capacity deal with Accredited.
UK car insurance premiums rose 5% in Q4 2021
Despite car insurance dropping by 6% in 2021, the final quarter of the year saw the first increases in premium since 2020.
H&H Insurance buys Tynedale broker
Tynedale Insurance Services was founded in 2015 and is based in Hexham.
XS Direct goes into run-off in Ireland
The broker confirmed that, as a result, staff at its Dublin headquarters had been informed that they would be made redundant.
Experts warn of reinsurance market crunch
Smaller players without scale may struggle with reinsurance costs going forward as issue is highlighted by the collapse of motor trade specialist Tradewise.
Motor premium drop starts to stabilise
For the first time in over a year, the cost of car insurance has increased in some UK regions while the average premium has now reached £782, Consumer Intelligence reported.