Travel insurance
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.
GS Group set to buy local broker
The business has struck a deal with I & D Insurance Services which is based in Alyth.
Cuvva expands into travel with new app-based product
InsurTech Futures: Broker says the policy was developed following a survey which showed that millennials would be encouraged to buy travel insurance if it was more accessible.
Insurance Cares: FCA consults on travel cover for people with medical issues
Consultation includes proposals to signpost details of travel insurance firms who can cover consumers with more serious conditions.
Insurance Cares: Biba supports FCA’s update on extended travel signposting
Regulator updates guidance in terms of travel insurance for individuals with pre-existing medical conditions.
Insurance Cares: Staysure launches winter sports accessibility guide
The travel broker has developed the guide for people with pre-existing medical conditions.
Staysure reveals plan to recruit 200
The over-50s travel specialist has opened new offices in Northampton as it looks to grow its workforce.
Chubb targets media industry
Insurer focuses on middle market and multinational clients.
Wholesale provider Cavere Intermediary launches
Technology-driven business aims to disrupt the market.
Quizzical Questions: 25 January 2019
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InsurTech Futures: Zurich partners with travel start-up Pluto
Mobile-focused offering targets millennials and provides a quote in around 60 seconds.
Nexus Group buys Hiscox Global Flying
It is the MGA's fourth deal this year.
FCA insurance spend rises to £264,587 for 2018/19
The regulator stuck with Aon as its broker.
Biba renews holiday travel scheme with Syndicate DTW1991
Trade body extends relationship for a further three years.
Schemes and insurers jet in for brokers after Ageas’ partial travel exit
Providers “hungry” for business.
Ageas in partial withdrawal from travel
Insurer to close online broker travel facility but keep schemes.
Insurance Cares: FCA challenges industry to help vulnerable customers access insurance
Regulator to work with the sector to make it easier for people with pre-existing medical conditions to access specialist travel insurance providers.
Insurance Cares: “Revolutionary” HIV travel policy launched
Emerald Life has set up the cover and says it is the first policy that does not require customers to declare HIV as a pre-existing condition.
Insurance complaints to Financial Ombudsman hold steady in 2017/18
But organisation warns over loyalty and telematics complaints.
In Person: AllClear CEO Chris Rolland
The new boss on the travel specialist broker’s private equity backers, buying businesses and plans to double the firm organically
Jackson Lee unveils business travel product
Policy, underwritten by a Lloyd’s syndicate, is available through the MGA's online broker facility.
ABI calls on FCA to use new personal lines principles when supervising firms
Biba encourages brokers to help solve the dual pricing problem.
Biba and ABI team up to tackle dual pricing in personal lines
Trade bodies state that members will give board and senior management level priority to better outcomes for long-standing customers.