Travel insurance premiums are down despite claims costs rising to £400m in 2018, according to research by the Association of British Insurers.
Brightside managing general agent Kitsune Associates passed 10,000 policies sold last month and is on-track to meet its first year gross written premium target, according to managing director Trevor Bowers.
Exclusive: Motor insurance policyholders could see their premiums increase as a result of a six year landmark case against Motor Insurers’ Bureau.
Bought By Many has appointed Charlotte Halkett as its first chief commercial officer.
Following two consecutive years of poor underwriting results in the UK, RSA has taken decisive action to restructure its business and shrink premiums
County Group has acquired Shropshire broker Meadons, a deal that will see the GRP North West hub push closer to the £100m premium mark.
Exclusive: The complexity of repairing semi-autonomous vehicles has seen claims inflation rise significantly in the past year, insurers have warned.
The Financial Services Compensation Scheme will protect customers of Lamp Insurance following the unrated insurer’s demise.
Exclusive: Ageas has closed its app-based millennial insurtech Back Me Up to new business.
This week Aviva has been tipped to unveil a new structure which will again see its UK general insurance and life/pensions businesses split. Jonathan Swift reflects on why this should not come as a surprise as history dictates the insurer has never been…
Creditors of CBL Corporation, the parent company of CBL Insurance, are expected to be owed in excess of £90m.
Ahead of the Association of Insurance and Risk Managers conference, Jonathan Swift caught up with Fujitsu chief technology officer Manan Sagar to talk about the future of risk management and the role of technology in that evolution.
Allianz will transfer Legal & General’s general insurance business to LV once it completes its takeover at the end of the year.
It might be the name, but this week I’ve spotted some similarities between Gibraltarian unrated insurer-facing-liquidation Lamp Insurance and an angler fish, sparking some strange and slippery debate in the office.
Allianz has agreed to buy Legal & General’s general insurance business for a base price of £242m plus potential further payments over three years.
Allianz has bought the remaining 30.1% stake in LV General Insurance for £365m.
Exclusive: Now 4 Cover is looking to relocate policies of 13,500 of its customers, following Lamp’s descent into insolvency.
Teachers are safer drivers than sales people; Edinburgh residents are better drivers than those from Glasgow; and Toyota owners score better than those that own BMWs. These are among the insights gleamed by Matt Munro, Igo4 chief executive, from the…
Average home insurance premiums have dropped 1.2% in the past year to £134, despite a rise in subsidence claims, according to the latest report.
The number of motor claims has risen by 10,000, which lawyers say is a sign there has been little impact from whiplash reforms.
The number of motor theft claims paid out by insurers in Q1 of this year was the highest since 2012, leading insurers to call for action from motor manufacturers.
Swinton closed 24 of its high street branches in the first quarter of the year, bringing the total number of branch cuts over the past year to 58.
BGL Group has launched a new short-term car insurance brand that will allow customers to insure their vehicles for as little as one hour.
Aviva has revealed that four out of five customers choose to manage their repair claims themselves.