After Levelling Up Secretary Michael Gove said he was “outraged” at the findings of an FCA report into broker remuneration surrounding leaseholders in multi-occupancy buildings, British Insurance Brokers' Association chief executive Steve White and…
Sky UK has launched itself into UK insurance by announcing the creation of Sky Protect, a home insurance product incorporating smart tech.
The Insurance Institute of Northern Ireland held a vote of no confidence against the Chartered Insurance Institute at its Annual General Meeting on Tuesday morning, Insurance Post can reveal.
The Financial Conduct Authority expects brokers of multi-occupancy buildings to “immediately stop paying commissions to third parties where they do not have appropriate justification and evidence for doing so”.
Editor’s View: 2022 was tough for personal lines, but if you are an insurer who had a particularly difficult year, the Prudential Regulatory Authority could soon be knocking on your door.
Jaime Swindle, chief executive of Ardonagh's UK Commercial MGA, catches up with Insurance Post to talk about moving from an insurer-owned company to a broker-owned business, and whether an organisation can be too acquisitive.
Insurance Post understands a substantial number of Lockton’s Global Financial Institutions team have all resigned to join Ardonagh’s Bishopsgate.
Shoib Khan, director of insurance supervision at the Prudential Regulatory Authority, warned that businesses and senior management must be ready to pull the plug on writing new business before things get too messy should market conditions become too…
Analysis: Social Market Foundation research shows insurance is increasingly unaffordable for those on low incomes; news editor Scott McGee examines who is responsible for preventing a “poverty premium” being charged.
Editor’s View: If you want to survive as an insurtech, you need to prove you can survive on your own.
The broker celebrated its fifth birthday in 2022, and has continued on its path to growth through acquisitions.
Research from Go Gompare found that more products are subject to administrative fees across its car insurance policies since the introduction of the Financial Conduct Authority’s General Insurance Pricing Practices regulations last year.
SMEs could face more hardship as the Energy Bill Relief Scheme comes to an end, after the cost of living and energy crises led to over half a million insolvencies in 2022.
According to sources, only around 250 policies have been sold through the Amazon Insurance Store since it was launched back in October.
After a well-documented difficult first three months of the year for Direct Line, financial results for 2022 show just how tough last year was.
Adam Winslow, Aviva GI CEO for UK and Ireland, says diversification helped the firm weather a drop in personal lines motor business, and shares Aviva’s approach to pricing and building out the HNW book.
Aviva Group CEO Amanda Blanc has announced strong results for the UK and Ireland general insurance business, while launching a £300m share buyback scheme, having taken capital return to over £5bn in two years.
Hiscox’s UK and London Markets businesses both dropped gross written premium in real terms but continued profitability, as the insurer announced the launch of an ESG sub-syndicate.