Motor
Ageas UK moves back into profit in 2017
COR improves to 103.2% while GWP falls slightly to £1.36bn.
AA targeting over two million motor and home policies in five year growth plan
Company predicts drop in Ebitda for 2019 as it commits to £45m investment plan.
Blog: Brokers – get plugged in to electric vehicles
Graeme Hamilton of Jackson Lee Underwriting explores the opportunities for brokers in the electric car and e-bike market.
Gang collared after £95,000 card scam on 1st Central uncovered
Thirteen fraudsters were sentenced for conspiracy after the fraud was found out and reported to IFED.
Volante launches first MGA – Edison Motor
Platform was launched in December 2017.
InsurTech Futures: InsurePal raises £15m ahead of UK motor launch
Start-up uses blockchain technology and aims to offer lower premiums for customers able to gain ‘social proof’ guarantees from friends and family.
Insurance sector "still in the game" to cover driverless cars
But regulation around autonomous vehicles needs to change, says LMA's David Powell.
Markerstudy in takeover discussions with Qatar Re – report
Insurance Insider reveals possible deal for Gibraltar-based insurer.
Tempcover completes £13.3m MBO
Deal backed by private equity firm Connection Capital.
Losses narrow to £3.48m at Sure Thing! in 2017
Gross written premium and policy numbers stable at the broker.
InsurTech Futures: Start-up InsurePal to launch UK motor offering in 2018
Peer-to-peer insurer aims to raise £15m in funding through an Initial Coin Offering.
Das teams up with VM Insurance on recreational vehicle product
The bespoke product for campervans and motorhomes will be available to the broker market.
The stats: December 2017 - The Acturis Premium Index
The third quarter saw notable increases in the Acturis stats, both by size of average premium and the number of lines rising
Covéa refreshes commercial vehicle product
The insurer said the changes were targeted to attract ‘white van man’ and would be offered to an increased number of brokers.
Allianz launches e-trade mini fleet product
Product targets SMEs with fleets of up to 15 vehicles.
EY predicts motor profitability for 2018
Changes to the Ogden rate and whiplash reforms are set to contribute to putting motor insurance back into profit.
Midas takes on Direct Group’s commercial business
Midas, part of Ardonagh Group, will take over Direct’s specialist business as it looks to grow GWP to £100m.
Sabre announces Stock Exchange float
The insurer expects to raise around £213m from the London Stock Exchange float.
Review: Keeping the wheels on the bus
QBE Minibus Insurance
Bollington launches MGA
Anjuna Underwriting to write motor business through Bollington's wholesale network.
Pukka’s Sam White launches Freedom Brokers
The broker will focus on motor and will be based in Cheadle, Manchester.
Quizzical Questions: 13 October 2017
Test your knowledge of the week's news with our topical quiz.
Broking success: Marc Loud, Park Insurance
All the fun of the fair: Park Insurance’s partner Marc Loud explains how his firm, as well as writing more traditional lines, also works with circuses, fairgrounds, theme parks, barbershops and lap dancing bars
Vantage GWP hits £48m following deal
The broker recently bought Maybury James and has its sights on two other niche brokers.