Motor
Granite set to expand product offering
Broker is creating 300 new roles as it targets a GWP of £300m by the end of the year.
AA’s insurance business sees revenue rise
Insurance business shows growth in number of policies in motor and home as broker division adds Aviva to panel.
Profit and turnover up at JCB Insurance Services
Stoke-on-Trent-based broker posts £4.5m turnover for 2018.
The Insurance Age Podcast: 20 September 2019
The Insurance Age team unpick the most recent and most popular stories.
Granite to create 300 new jobs
Liverpool-based Granite, which sits behind Acorn, is set to expand following funding deal with Inflexion Private Equity earlier this year.
Saga considering sale of Bennetts for second time, say reports
Reports suggest Saga is now under pressure from new investor Elliott Advisors.
One Call’s Radford launches motor broker
Home and motor broker, Yoga, has been set up almost two years after Radford and One Call were fined for client money failings.
Saga profits plummet in all operating areas
Underlying profit before tax fell 22.6% in retail broking and 53.3% in underwriting.
YouGov report reveals 73% of policy holders shop around for insurance
Report also found that only 14% of consumers use word of mouth when in the process of switching their insurance.
Hobbs reveals Allianz’s £35m debut at Lloyd’s
Lloyd’s box added 4,000 new customers to the insurer in its first year of trading.
FCA warns of two fraudulent insurance firms using social media
Fast Camel Car Insurance and @carinsurance.lltd are not authorised by the regulator.
Investment firm takes minority stake in Carrot owner
Trak Global Group reveals Three Hills Capital Partners will invest over £40m for a minority stake in the firm.
Quizzical questions: 30 August 2019
Test your knowledge of the week's news with our topical quiz.
Tesla unveils insurance product
The car manufacturer, which first revealed its intention to move into insurance in April, has launched a policy for Tesla owners in California.
ABI figures show 1,300 insurance scams a day detected in 2018
Detected dishonest claims reached a value of £1.2bn during the year.
Honcho launches ‘reverse auction’ app
InsurTech Futures: The car insurance app aims to reduce costs for young drivers.
Over four million drivers stuck in £982m insurance loyalty trap
Research by GoCompare shows 44% of drivers let their car insurance automatically renew, with customers overpaying by £982m a year.
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.
Sure Thing! to be rebranded following sale to Policy Expert
Policy Expert co-founder Adam Powell reveals plans to change the motor broker's business model.
THB pledges support for Fleet UK
The move follows Zurich’s exit from the scheme.
Admiral reveals £33m Ogden hit in H1 2019
Provider posts modest turnover and profit rises.
Aviva pledges no market exits
CEO of general insurance Colm Holmes says life and GI split is going "smoothly" and discusses premium drop in "choppy" personal lines market as MD of intermediaries Phil Bayles pledges that Aviva will not exit any business lines.
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.
Aviva UK GI profits fall in first half of 2019
Provider says results were impacted by bringing the GI business together with UK Digital, as it moves ahead with its cost reduction plan.