Articles by Scott McGee
Policy Expert’s profit skyrockets 500%
Policy Expert has today (25 June) released its financial results for the 12 months ending 31 March 2025, reporting an increase in pre-tax profit of more than 500%.
Direct Line leader exodus continues ahead of Aviva deal
Insurance Post can reveal that more members of Direct Line Group's leadership team are set to leave the business ahead of the firm’s move over to Aviva next week.
Big Interview: Michael Lee, First Central
Michael Lee, CEO of First Central sits down with Scott McGee to run through the company’s transformation over the last few years, why he won’t be rushed into growing the home and motor books, and the potential of new investment.
Direct Line’s Winslow and Poole to step down
Adam Winslow and Jane Poole will both step down from their roles once Aviva completes its acquisition of Direct Line Group.
First Central appoints ex-Endsleigh CEO as NED
Former Endsleigh CEO Alison Meckiffe has joined First Central as an independent non-executive director as talks around a flotation pick-up speed.
Can the FCA fix the premium finance problem?
News Editor’s View: As the Financial Conduct Authority prepares to publish the initial findings of the premium finance market review, Scott McGee asks what options does the regulator have to fix the “tax on being poor”?
Allianz cutting 650 UK insurance jobs
Allianz has confirmed plans to cut 650 jobs in its UK insurance business.
Changing nature of cyber threat leads to ‘brittle’ risk landscape
Beazley’s group chief underwriting officer, Paul Bantick, has said the cyber pricing environment is at a “pivotal stage”, describing it as “brittle” due to the changing threat landscape.
LMA chief calls for international collaboration to cover large losses
Sheila Cameron, CEO of the Lloyd’s Market Association, has called for the industry and global government bodies to collaborate more in order to fill the protection gap currently present for large, catastrophic risks.
Insurers exposed for pricing bias over payment preference
Some insurers and brokers on price comparison websites are inflating motor premiums based solely on whether a customer indicates a preference for paying monthly instead of annually, an investigation by Insurance Post has revealed.
FCA and PRA greenlight Aviva’s Direct Line takeover
The Financial Conduct Authority and the Prudential Regulation Authority have both given the go ahead for Aviva’s £3.7bn acquisition of Direct Line Group.
Two thirds of insurers optimistic over UK economy
Two thirds (67%) of insurers are optimistic about the state of the UK economy over the next five years, a survey by Lloyds Bank has revealed.
Matthew Doughty appointed DWF CEO as Knowles retires
Matthew Doughty, CEO of DWF’s Insurance Services division has been appointed CEO-elect by the board of directors.
David Howden awarded CBE in King’s Birthday Honours list
Howden founder and CEO, David Howden, has been honoured in King Charles’ Birthday Honours list.
Court deems credit hire companies liable for costs
In what has been labelled a “landmark victory for insurers,” the Court of Appeal has given definitive guidance that credit hire organisations are responsible for the costs of unsuccessful litigation.
What Applied’s Epic exit means for the market
After Applied Systems announced it was pulling its Epic platform from the UK, what does that mean for the UK broker e-trading market?
Pet premiums dip after months of increases
There was a slight dip in premiums for lifetime pet insurance policies in May this year, according to data from Pearson Ham Group.
Former Lockton CEO Nimmo exits retirement to join SRG
Specialist Risk Group has hired former Lockton CEO Neil Nimmo as CEO for the UK.
ManyPets overhauls product range
ManyPets has unveiled an entirely new range of insurance, which the provider says is its “biggest change to insurance plans since it launched pet insurance in 2017”.
Applied Systems significantly scales back UK operations
Applied Systems has confirmed the move to pull back its UK operations, by removing its Epic product from the market.
Brown & Brown swoops for Risk Strategies parent firm
US-based broking firm Brown & Brown has agreed a deal to acquire Accession Risk Management Group, the parent company of Risk Strategies.
Markerstudy sets up premium finance division
Markerstudy has created a new specialist division, focusing on all premium finance activities across the group.
Sonya Bryson to depart RSA
Sonya Bryson is leaving RSA just 18 months after being appointed MD of the joint commercial lines business.
Cyber events halt 1 in 7 businesses for at least a day
One in seven businesses have lost a day or more to a cyber event in the last 12 months, according to global research for commercial insurer QBE.