Pet insurance
Top 75 MGAs: Animal Friends
Animal Friends is a quarter of a century old and one of the UK’s top revenue generating MGAs.
Top 75 MGAs: Many Group
Many Group, now based in the US, UK, and Sweden, have helped half a million pets stay happy and healthy since 2017 earning it a place in the Top 75 MGAs 2023 list.
Top 75 MGAs 2023: Markerstudy
Markerstudy was named one of the country’s two biggest MGAs after achieving revenues of between £80m and £100m for UK-based non-life risks in 2022.
Who’ll buy RSA’s home and pet books if sale is green-lit?
Content Director’s View: With RSA and parent Intact floating the idea of a possible sale of its remaining personal lines business, Jonathan Swift looks at who could be in the market for a new pet and/or household book.
Markerstudy to use tough PL market to fuel further growth
Following its merger with Atlanta Group, Markerstudy Group said the current squeeze of the personal lines market, and the added pressure of more strict regulation, presents an opportunity to grow the business further both organically and through…
Travel insurance predicted to lead growth in personal lines
Data from Smart Money People has revealed that travel insurance is set to grow by 15% over the next year, the highest growth projection of the top ten insurance policies.
#30 Provinzial
Germany-domiciled Provinzial slips from 28th place in last year’s list to 30th in this year’s Insurance Post Top 30 European Insurers 2023 List after reporting 4.6% average premium growth for the year.
RSA CEO reveals plans for commercial lines after DLG deal
As RSA’s £530m purchase of Direct Line’s brokered commercial lines operations made the insurer the third-biggest player in this space, Ken Norgrove, CEO of RSA, revealed his plans to make further in-roads with the market's brokers.
RSA buys DLG’s commercial lines business for £520m
It was announced last night that RSA and Direct Line had struck a deal that both businesses claim will boost their bottom lines.
Specialist Risk Group's latest deal; Animal Friends partners with Costco and Gauntlet joins Brokerbility
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Admiral CEO claims the cycle is turning for motor
Admiral Group CEO Milena Mondini de Focatiis is expecting business to pick up in the latter half of this year after reporting a £298m UK motor business profit in the first half of 2023.
Aviva expands underwriting appetite; Flood Flash with Hiscox; Dual deal
Friday Round-Up: Insurance Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Allianz CEO anticipates 'strong rate' environment for rest of 2023
Colm Holmes, CEO of Allianz Holdings, has warned the insurance giant will need to continue to rate “to cover the impact of inflation” in the latter half of this year.
Pet insurance market grapples with soaring claims and premium pricing challenges
Pet insurers face mounting pressure as claims volumes and payouts hit record highs in 2022. Sara Costantini, regional director of Crif, UK & Ireland, explores how insurers could use enriched third-party data, including micro-level geographical…
Many Pets exits Swedish market as problems pile up
Many Pets’ partnership with Great Lakes SE in Sweden has ended, and as a result, the provider is withdrawing from the Swedish pet insurance market, Insurance Post can reveal.
Navigating the impact of the 'cost-of-living crisis' on pet insurance: insights and strategies
Insurance Post, in collaboration with CRIF, recently organised a roundtable to discuss the influence of the current cost-of-living crisis on pet insurance sales and renewals. Izabela Chmielewska reports.
Pet insurance fraudster collared by the law
A finance officer at a veterinary practice, who made more than £37,000 in fraudulent pet insurance claims by editing invoices obtained from her employer, has been sentenced.
RSA’s personal motor withdrawal was More Than inevitable
Content Director's View: Jonathan Swift reflects on RSA's withdrawal from personal motor and concludes it had been coming for a few years now.
Fluffy CEO reveals plan to stand-out from the pet insurance crowd
Pavel Gertsberg, CEO of Fluffy, has revealed how he intends to make pet insurance pricing more transparent and affordable in a bid to bridge the 40% to 60% protection gap that currently exists in the market.
Unison seeking insurance provider after UIA enters run-off
Trade union group Unison has confirmed the search for a new provider for home, travel and pet insurance for its members is ongoing after UIA Insurance went into solvent run-off last year
Is Munich Re, once the ‘go-to’ for insurtechs, tired of start-ups?
After Many Pets became the latest insurtech to list Munich Re as a former capacity provider this week. Jonathan Swift looks at what has become of the once omnipresent go-to partner for start-ups.
Q&A: Luisa Barile, Many Pets
After the rebrand to Many Pets, from Bought by Many, and the acquisition of Digital Edge, Luisa Barile, chief financial officer at Many Pets, talks to Post about what’s coming for the new fiscal year.
PIB to acquire personal lines broker Jigsaw
PIB has reached an agreement to acquire Jigsaw Insurance Services, subject to regulatory approval.
Interview: Ken Norgrove, RSA
Harry Curtis spoke to Ken Norgrove, RSA UK and international CEO, about life after being acquired by Intact, winning over brokers and the insurer’s technology overhaul.