Aggregators
Insurance Insight weekly update live
Insurance Insight’s weekly update is live with an article on how European insurers will be affected by US Asbestos, Pollution and Health Liabilities when Solvency II is implemented; and a guest blog on brokers putting business out to auction.
BGL gears up European expansion plans
Compare The Market owner BGL has turned down acquisition opportunities in Europe, but continues to look to grow its presence on the Continent, with discussions in Italy and Spain ongoing.
News analysis: Quota calls for female board membership met with sharp scepticism
Stronger female representation on company boards is one of the recommendations laid down by the Association of British Insurers last week, in its first report on board effectiveness
Expert analysis - aggregators: Mixing things up
Softening motor rates, more movement between best-price brands and augmented ancillary income emerge as aggregator themes
Top 100 UK insurers supplement: A man for all seasons
As CEO of Ageas UK for the last decade, radical changes in distribution, more intelligent use of capital and the financial turmoil are just a few of the changes Barry Smith has witnessed.
Online consumers opt for brand recognition over price
Price comparison site customers are more likely to buy from recognised and trusted insurance brands, than from those simply offering the lowest quote, according to a Gravytrain survey.
Compare The Market appoints director of finance
Compare The Market has announced the appointment of Graham Charlton as its new director for finance.
Towergate wins Confused contract
Towergate Insurance will become the sole provider of business insurance for price comparison site Confused.
Aviva u-turns on single brand policy with QMH
Aviva’s UK retail director Steve Treloar has vowed to expand new car insurance brand Quote Me Happy into the household market.
Takaful insurance: A future full of potential
Despite the failure of the first domestic Shariah compliant insurer, the Takaful market is predicted to have a great future. Sam Barrett looks at its potential for growth.
Broking - travel: Tailored travel
Brokers are struggling to keep pace in the travel insurance market, as aggregators take an ever-increasing share of the sector. Callum Brodie investigates the future of intermediaries in this highly competitive arena.
Essex broker rebuffed by Qmetric over Primo name - Insurance News Now
Post senior reporter Amy Ellis outlines this week's major general insurance stories which include an Essex based insurance broker lodging a formal complaint against Qmetric for using the Primo trading title which it claims was its brand name first.
View from the top: A multi-channel world
Many brokers will have read the recent update around Zurich’s personal lines strategy, following the announcement that we’re re-entering the direct channel later this year via an outsourced arrangement with Endsleigh, where the majority of new business…
Ex-Swiftcover CEO Blowers back with new online start-up
Online insurance broker Qmetric has been granted full Financial Services Authority approval and is said to be a “few weeks” away from adding three major insurers to the panel of its specialist consumer brand Policy Expert.
Aviva launches new online brand Quote Me Happy
Aviva today introduced a brand for internet shoppers who prefer to shop on price comparison sites and manage their insurance online.
Simply Business gives Moneysupermarket SME cover
Commercial insurance broker Simply Business is launching small business insurance on comparison site Moneysupermarket providing the cover under a white label deal embedded in the site.
A&A seeks CEO before Euro push
Non-standard motor broking specialist A&A Group has outlined ambitious plans to expand its European footprint, ahead of a potential cash injection.
OFT clears Google of monopoly rule breaches
One of the UK’s largest aggregators has welcomed the Office of Fair Trading’s decision to clear Google of any monopoly rule breaches following its acquisition of Beat That Quote. Compare The Market said the merger creates “healthy competition”.
Travelers motor exit prompts market withdrawal speculation
Travelers’ decision to pull the plug on its private motor business in Ireland could signal the company’s complete withdrawal from Ireland, according to local players.
Interview - A&A Group: A constantly evolving company
Starting as a two-man operation in a house in Twickenham, A&A Group has grown exponentially since its humble beginnings. Jonathan Swift talks to Tony Allen and Steve McPherson about keeping pace with changes in the market.
Travelers motor exit prompts market withdrawal speculation – Insurance News Now
Post reporter Callum Brodie outlines this week's major general insurance stories including Travelers’ decision to pull the plug on its private motor business in Ireland, leading to speculation that the insurer is planning to withdraw from the country…
Biba supports crackdown on aggregators
The British Insurance Brokers’ Association has submitted its formal response to the Financial Services Authority proposed guidance on the selling of general insurance policies through price comparison websites.
Moneysupermarket reports 25% jump in insurance revenue
Moneysupermarket has reported its revenues in the insurance arm increased by 24% from £40.6m to £50.3m in the first half of 2011 comapred to 2010. Click based revenue increased by 24% from £37.5m to £46.4m.
Rias launches on Go Compare
Over 50s insurance provider Rias has launched its motor insurance product on Go Compare – the first time the specialist provider has offered insurance to consumers via an aggregator website.