Esure
Esure reports strong growth despite drop in home policies
Esure has seen a 25.4% increase in gross written premiums over the past year, rising to £625.8m from £499m in Q3 2016.
Editor's comment: Fashion is fickle
Fidget spinners, dabbing and the bottle flip are just three of the crazes that my son brought home from school during the last academic year. Luckily for me, unlike Pokémon - which has been in our house for three full years now - these were short-lived…
This Month in Post: AIG's UK CEO, BIA photos, terror car hire and tower fire
A look at this week's insurance news and this month's Post issue.
Ogden change sees Esure's reinsurance costs rise by a third
The change to the Ogden discount rate added a third to the cost of Esure’s reinsurance, company results have revealed.
Esure's profit leaps 44.6% in H1
Esure saw its profit before tax from continuing operations rise 44.6% in H1 2017, to £45.1m from 31.2m for the same period last year.
This Week in Post: Outdated and out of there
I was recently lamenting shortage of space in my toy-cluttered flat and a (childless) colleague mentioned the baby cages Victorian households used to hang out of their windows. “There were mercifully few deaths,” he joked, as I gazed at an online image…
Interview: Matthew Crummack, Go Compare
When Matthew Crummack took the driving seat at Go Compare a year ago this month, the business was in the midst of a demerger from parent Esure. The CEO of the price comparison site sat down with Ryan Hewlett to discuss his first year in the job, taking…
CGI recruits former LV digital head Paul Wishman as global insurance VP
Former LV e-commerce director Paul Wishman has been appointed vice-president of global insurance at CGI.
Insurance industry heavyweights make it on 2017 rich list
Admiral founder and CEO Henry Engelhardt, BGL founder Douw Steyn, and Saga Group’s Sir Roger and Peter De Haan, are among industry figures in the latest Sunday Times Rich List.
This month in Post: Awards, acquisitions and a new Act
It's been a challenging month here in Taunton. A new bridge has gone up on the main road, amid the gazes of many excited onlookers, and - equally exciting - a new fence is being erected on one side of my garden.
Esure scales back home insurance growth due to 'challenging conditions'
Esure has decreased its home book by 4.5% as a result of "challenging" market conditions.
In Depth: Ogden outrage – dismantling the discount rate
The decision to cut the Ogden discount rate for the first time in 16 years sent shock waves through the industry that will be felt for months and years to come.
Competition watchdog updates investigation into price comparison sites
The competition watchdog will look into whether price comparison sites could be more transparent.
This week in Post: highs, lows and running with the wolves
It has been a week of highs and lows in our household. My son went on his first Cub sleepover and earned the honour of becoming a Sixer. I, meanwhile, returned to the X-ray machine.
Esure CEO to get £1.47m share package by 2020
Esure CEO Stuart Vann will gain options over company shares worth £1.47m as part of an executive incentive deal.
Esure unveils plan to ride out reinsurance rate rises
CEO also says business will 'shrink' home portfolio
Esure profits up 18% despite taking a battering in home market
Esure has seen profits rise by 18% despite losses in its home segment from weather claims.
After Brolly v Travelers, here are six more insurance brand and marketing spats that made the headlines
The news last month that insurance giant Travelers had objected to insurtech startup Brolly using an umbrella as its logo got me thinking.
Go Compare demerger resulted in £8.1m hit to profit
The demerger of Go Compare from parent company Esure cost the business £8.1m, causing a drop in profit of 5.2%.
Insurers' share prices tumble as profits hit by discount rate changes
More insurers have posted swingeing losses as a result of the discount rate cut.
Peter Graham departs as Barbon chair to focus on new ventures
Former Esure CEO Peter Graham has stepped down from his role as chairman of Barbon Insurance Group
FCA: Consumers overpaying £108m a year in ‘poor value’ add-ons
The Financial Conduct Authority said customers may be overpaying £108m every year in insurance add-ons, with sometimes less than 10% of retail premiums for add-ons paid out in claims.
Go Compare success owing to opera singing advert, CEO says
The success of Go Compare's opera singing advert, Gio Compario, and low operating costs were factors behind the price comparison site's success, says Matthew Crummack, Go Compare CEO.
Go Compare sees 2016 revenue climb 19%
Price comparison website Go Compare has reported a 19% rise in full-year revenue to £142m.