Sabre senior independent director Andy Pomfret will take over from the insurer’s chairman Patrick Snowball at the beginning of September.
Ardonagh’s decision to roar ahead with the takeover of motorcycle specialist Bennetts less than a fortnight ago raised a few eyebrows, but really it should not have done.
Compare the Market owner BGL Group is aiming to grow its partnership with Lloyds Banking Group to one million policies as the pair signed a five year extension on their exclusive motor and commercial vehicle insurance deal, Post can reveal.
The merger of Northern Ireland brokers Abbey Insurance and Autoline Insurance as Abbey Autoline on 1 September will create a £119m gross written premium growth focused firm that has an eye for striking takeover deals, managing director of the newly…
The Competition and Markets Authority has ordered Ardonagh not to integrate with Bennetts, transfer control or stop competing with it as the consolidator completed the deal to buy the motorcycle specialist.
Ageas UK has reported a post-tax profit of £22.8m for the first half of 2020 reversing a loss of £2.7m in the first quarter.
I-Wonder has partnered with Go Compare for the launch of a Sorn insurance comparison service.
With Team KDA emerging as the winners of the podcast challenge, the apprentices now move onto their next task.
Aviva is targeting this autumn for the next stage of its move onto aggregators after a trial with Confused, Colm Holmes, Aviva CEO of general insurance, told Post.
The takeover offer from Finnish insurer Sampo and South African financial services firm Rand Merchant Investment holdings is a ‘real vote of confidence’ for UK Insurance, Hastings chief financial officer John Worth told Post as Hastings released its…
Finnish insurer Sampo and South African financial services firm Rand Merchant Investment Holdings have agreed a £1.66bn takeover with the directors of Hastings.
Direct Line Group remains open to inorganic growth from acquisitions and partnerships despite the Covid-19 impact, DLG chief financial officer Tim Harris has confirmed.
Motoring group The AA has confirmed holding takeover talks with three private equity parties as it discusses “a wide range of potential refinancing options”.
A year into his role and Michael Lee, CEO of First Central, explains to Jen Frost what he believes are the three elements needed to be successful in motor insurance
Connected claims is the driver to take telematics closer to the mainstream, says Trak Global CEO Corrie
The next generation of telematics will involve low cost hardware coupled with smart phones and be based around the connected claims journey.
Hastings has confirmed it has been approached by Sampo and Rand Merchant Investment Holdings with a potential cash bid for the business.
Briefing: Tesla CEO Musk warns incumbents it is building a 'great, major insurance company'. Should they be worried?
On last week’s Q2 briefing call Tesla CEO Elon Musk told insurers he is coming for their actuaries, to help him start an insurance ‘revolution’. But could his obsession with data and math have blinded him as to where the real battle in motor insurance…
The cost of motor insurance fell to the lowest quarterly level since 2016, according to statistics from the Association of British Insurers.
Voluntary initiatives launched in 2018 to address dual pricing are “having a positive impact”, the Association of British Insurers has claimed amid suggestions that the industry needs to go further and do so quickly.
While average car insurance premiums fell 5% in the second quarter of 2020, deeper analysis reveals more is going on beneath the surface as Willis Towers Watson and Confused warn of future pricing “uncertainty.”
Pukka-owner Freedom Services Group has teamed up with private equity firm Envest and others to launch Stella Insurance, a digital managing general agent providing female-centric motor insurance in Australia.
With analysts cautioning the Covid crunch will begin to bite insurers in the second quarter of 2020, Post investigates what impact the coronavirus pandemic has already had in the first quarter
June 2020 was to be the month insurers got their comeuppance on the saga that is dual pricing, but the Financial Conduct Authority has once again dropped the ball.
With the UK government ready to introduce e-scooters on the roads from this weekend as part of trials, the British Insurance Brokers’ Association has called for the development of a “low-level minimal insurance requirement."