News
Aviva promises to 'reinvent' insurance and end dual pricing
Aviva will sell motor and household lines through a platform that will "reinvent" the way insurance is sold and tackle the issue of dual pricing.
Finch Group snaps up Southampton-based broker
Broker Network partner Finch Group has bought Specialist Insurance Agency.
Brightside hiring COO with departure of David Sweeney
Brightside is hiring a chief operating officer now that managing director of insurance David Sweeney has left the Bristol-based broker.
Gallagher opens new Eastern regional office
Gallagher has opened a new office in Ipswich, bringing together teams from its existing branch in the city and the team from its now-closed Feering branch.
Biba renews Lloyd's syndicate as holiday travel scheme provider
Biba has renewed its partnership with the DTW1991 syndicate at Lloyd’s, which will continue to provide its holiday travel scheme for another three years.
Government-funded training scheme set for 2019 launch
Wiser Academy, a training provider started by personal lines broker Be Wiser Insurance, plans to launch a new co-funded training programme for the insurance sector.
Jersey insurer investigated for suspicious accounts
The Jersey Mutual Insurance Society is being investigated after ‘historic accounting activities’ were uncovered.
Home Repair Network gets investment from VC firm
A US-based venture capital firm has invested in Home Repair Network.
Analysis: The Arron Banks show
No stranger to controversy, Arron Banks is back in the news and under the spotlight with allegations and appeals
Government moves a step closer to combustible cladding ban
As regulations for the combustible cladding ban for new and high-rise buildings progress in government, insurers say that they do not go far enough.
This week in Post: Another unrated insurer bites the dust
Hooking the headlines this week, Danish unrated insurer Qudos was placed in liquidation by its owner.
Plant theft claims on the rise as insurer reports 55% increase since 2013
Exclusive: Plant theft claims are to hit an all-time year high in 2018, Allianz has predicted.
Insurers make strides in digitising claims and renewals
Many more insurers are allowing customers to renew policies, make claims notifications and track claims digitally compared to last year, according to research by Altus Consulting.
Lemonade in bid to take on Europe
US-based insurtech Lemonade has revealed plans to enter the European market.
Allianz appoints SME director to replace David Martin
Allianz Insurance has appointed Helen Bryant as its new director of SME & corporate partnerships, to replace Zurich-headed David Martin.
Home insurance prices fall despite claims costs
Home insurance prices are cheaper than they were a year ago despite premiums increasing in recent months, according to analysis by Consumer Intelligence.
Ardonagh slices losses by almost half for first nine months of 2018
The Ardonagh Group cut down on its losses for the first nine months of the year, down to £48.9m compared to £92.7m in 2017.
Motor insurers move to allay no deal Brexit green card fears
Motor insurers are preparing to issue potentially millions more green cards in the case of a no deal Brexit.
Subsidence surge sees claims up 300% in 2018
It has been predicted that 2018 won’t be just a subsidence surge year, but one that will see the greatest upsurge in claims over a two year period.
Stackhouse Poland acquires HNW broker
Stackhouse Poland has acquired Hampshire-based high net worth private client broker, Symmetry Private Insurance.
Broker in liquidation Larksway has FCA authorisation pulled
Broker Larksway, which is currently in liquidation, has had its Financial Conduct Authority authorisation removed after the regulator alleged it failed to comply with a Financial Ombudsman Service ruling.
Revealed: Behind the scenes of troubled insurer Qudos’ collapse
Danish unrated insurer Qudos plunged into liquidation yesterday, amid owner New Nordic’s lawsuit alleging that former owners Echelon “fraudulently reported” vital information prior to the 2017 sale of the insurer.
Unrated Danish insurer Qudos plunges into liquidation
The owners of Danish unrated insurer Qudos have placed the business into liquidation, after it ceased to write new business in October.
Zurich hires MD from Allianz
Zurich appoints Allianz’s SME director, David Martin as the managing director of retail.