News/Personal
FCA defends Consumer Duty to House of Lords Committee
The Consumer Duty has “teeth” and is delivering better outcomes, David Geale, executive director of consumers, payments and competition at the Financial Conduct Authority, has told a House of Lords Committee.
Pen builds out in thatch with £50m Hadron deal
Pen Underwriting has teamed up with Hadron UK Insurance for the first time in a capacity deal for the thatched and personal leisure property risks market, Insurance Age can reveal.
TH March ties the knot with ShieldMy expanding into wedding insurance
Top 100 UK broker TH March has launched wedding insurance in partnership with ShieldMy Insurance Services.
ALA expands range with pothole insurance
Yorkshire-based GAP insurance provider ALA Insurance has expanded its product offering with the launch of a specialist pothole insurance policy, in a move it claimed targets one of the “more persistent and costly problems facing UK motorists”.
Aviva boosts UK operating profit and trims COR in H1
Aviva has posted a more than 40% increase in UK operating profit for the first half of 2026, coming in at £603m, pointing to “maintaining disciplined trading” across its portfolio “despite areas of market softening”.
Allianz joins Sky Protect home insurance panel ‘completing an expert line-up’
Allianz UK has joined the panel for broker Sky Protect’s home insurance offering, sitting alongside Axa and Ageas.
Ripe reveals deal costs and 21% turnover growth
Digital managing general agent Ripe Thinking spent £22.8m on a pair of deals last year as turnover and operating profits rose.
Admiral profits back 18% as CEO describes market as “more challenging”
The UK’s largest personal lines insurer Admiral has reported an 18% decline in group profit before tax to £429.2m (H1 25: £521m) in its half year results today.
Sabre hungry for ‘as much growth as we can lay our hands on’ but only at ‘right margin’, says CEO
Sabre grew by more than expected in the first half of the year, adding new broker agencies every week, CEO Geoff Carter has confirmed.
IFED warns of identity data theft risk in crash for cash escalation
The Insurance Fraud Enforcement Department has warned scammers are using ever more aggressive tactics in crash for cash fraud, with a growing threat of identity theft.
Sabre grows GWP, holds COR and profits steady at half-year
Motor insurer Sabre grew premiums by 15.7% in the first half of 2026, as profits and the combined operating ratio remained consistent.
Top 100 broker Premium Choice returned to growth in 2025
Motor specialist Premium Choice grew turnover and profit in 2025, returning to growth after slipping back the year before.
ABI data reveals average subsidence claim hits record £20,000
New figures from the Association of British Insurers’ latest Property Insurance Tracker show home insurers paid out £72m for domestic subsidence claims during the second quarter of 2026, with the average subsidence claim reaching a record £20,000.
UK and Ireland remains Axa’s softest commercial market in Europe
Axa has reported that the UK and Ireland is its softest market across Europe for commercial insurance and third for personal lines.
Motor insurance payouts hit record £3.2bn in Q2
Insurers paid out a record £3.2bn to support motor insurance customers in Q2 2026, according to the latest data from the Association of British Insurers.
Chinese car brands now account for 1.2% of UK PL motor policies
Only one in five consumers [21%] shopping for motor insurance switched provider in Q4 2025 – the lowest level recorded since Q1 2023, according to new research.
Top 100 Broker hails ‘significant moment’ as it partners with major bank
Top 100 broker Uinsure has struck a deal with NatWest to launch a new home insurance proposition.
MGAA appoints compliance and regulatory partner
The Managing General Agents’ Association has appointed Padda Consulting as its new UK compliance and regulatory partner commencing 1 September 2026.
FCA highlights Bluefin fine as it warns on vertical business model transparency
The Financial Conduct Authority has published advice on how general insurance firms should manage potential conflicts of interest coming from vertically integrated business models.
Flood Re took on over 81,000 new households in 2025/6
Flood Re supported an estimated 353,000 households through its scheme for the year ended 31 March 2026.
Allianz CEO Holmes: Brokers key to improving insurance customer trust above ‘average’
Allianz UK has launched Trust Issues, designed to track how UK consumers and SMEs experience trust in insurance.