Arag has posted a 14.7% rise in turnover to £14.1m for the year to 31 December 2019.
Janet Connor will be stepping down as managing director of insurance at the AA this summer with former RSA UK personal lines MD David Coughlan taking up the role, Post can reveal.
The Competition and Markets Authority has today launched an investigation into whether Ardonagh buying Bennetts Motorcycling Services will lead to “substantial lessening of competition”.
Despite increased sentiment and some rallies in markets, Lionel Pernias, head of buy and maintain at Axa Investment Managers believes that there are still plenty of challenges ahead for insurers' investments, particularly in their credit portfolios.
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We’ve set out more detail on our proposed court action on business interruption insurance.— Financial Conduct Authority (@TheFCA) June 1, 2020
This includes identifying the representative sample of policy wordings & those insurers we've invited, & have agreed, to participate.https://t.co/f53WiCjhMV #coronavirusuk #FCAupdate pic.twitter.com/QS2xkVPp5V
- Spotlight: Lloyd's and the London market: Covid-19 – jump-starting a tech revolution in the London market
- Brokers call for 'low-level' compulsory cover as e-scooter trials begin
- David Coughlan to replace Janet Connor as AA’s insurance MD
- Insurance Covid-Cast: Insurtech 100 special – Tencent We Sure CEO Alan Lau
- CMA opens investigation into Ardonagh buying Bennetts
- Turnover up but profits slip at Arag
- Online delegated authority capacity marketplace aims to slash transaction times
Post, in association with Sønr, indexes the businesses driving the innovation across the market, some offering solutions to accelerate corporate activity, others paving their own futures.
A series of video casts brought to you by Insurance Age and Insurance Post while our journalists are in isolation lockdown looking at the major topics of the day
What makes the best insurance employer? Post invited insurance employees, through emails, social media and via the brand’s print and online channels, to nominate and rate their employers on a variety of aspects including their management, diversity, work/life balance and whether they would recommend the employer to a friend. 1258 responses were received and more than 100 firms were nominated.
The top 100 UK insurers have been on top of their game this year. Find out who ranks highest in the Top 100 UK insurers in Post’s 2019 countdown, produced in association with AM Best.