Broker News – Page 127
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AgendaAllianz brings on 167 new broker clients in LV= merger as personal lines completes transition
The insurer announced a slight dip in commercial profitability, but attributed that to the LV= transition and outlined the plan for L&G
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News‘Prolific’ ghost broker sentenced for 18 counts of fraud
A number of policies that had been incepted between January and October of 2016 were found to all be connected
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NewsAston Lark hails revenue progression following merger completion
The group now operates from 25 UK offices, employing over 770 people and places £330m GWP
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NewsBeazley poised for profits bounceback as it focuses on broker relationships
Half-year profits soar by 189% compared to 2018
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NewsSSP signs trio of brokers in Q1
SSP hails “great start to the year” as three new clients come on board with long term contracts
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AgendaThe Big Question: After the fall of LAMP, should brokers face a levy for using unrated insurers?
Following yet another collapse of an unrated insurer in LAMP, as well as the recent struggles of Gefion, we ask if there should be any encouragement to stay away from this type of company?
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AgendaJobs lifeline for Ageas staff as Ardonagh business takes over Stoke office
The Atlanta Group is set to offer roles to the majority of the 220 Ageas staff working in the Stoke-on-Trent office
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IT Interview2019 eTrading Q&A: Transfer of the LV business has been a real success story for Allianz
Insurance Times speaks to Helen Bryant, director of SME & corporate partners at Allianz Insurance on the reaction to the star rating in the Insurance Times 2019 eTrading Survey
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NewsGRP acquisition train rolls on with ‘marquee signing’ for County
GRP-owned broker adds another regional string to its bow, bringing in 27 new staff
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NewsFraud Charter: ‘Help us stamp out bad CMCs’ – FCA’s plea to the industry
Frustrations peaked at the Insurance Times Fraud Charter last month over lack of communication from the Motor Insurers’ Bureau over the Litigants in Person portal, while the FCA updated the room about claims management company regulation
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NewsFraudster trio sentenced for crash scheme on pregnant woman
Two siblings and their friend carried out £18k crash for cash scheme where the victim was a pregnant woman
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NewsAndy Fairchild finds new role after leaving Broker Network
The former Broker Network CEO joins Jensten Group on 8 July
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News'Deliver underwriting profit, or risk the loss of capacity' - GRP Underwriting boss
GRP underwiting CEO Clive Nathan speaks to Insurance Times, identifying which MGAs could struggle in the future
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NewsBroker CEO to sell majority stake in Sunderland FC
Reports suggest Stewart Donald is to sell at least 54% of shares, just over a year after taking over the League One side
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NewsArdonagh closes 24 Swinton offices to cut costs
Swinton now has 20 branches remaining, as Ardonagh looks to reduce costs in the newly acquired business
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Online onlyArdonagh receives boost as investors value business at £1.9bn
David Ross-led business gets welcome valuation as backers increase equity stake
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News1.3 million motor policies cancelled last year, a third of all policies written
LexisNexis releases data, allowing brokers to undertstand why policies are being cancelled
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NewsLV= seeing much more investment in data among brokers
MD of LV= Broker says getting products to market quickly is the key to happy reationships with brokers
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NewsBrokers made to wait as etrading results launch
Insurance Times survey reveals frustrations with waiting times for referrals. Come to stand G34 to pick up a leaflet and receive a glimpse of findings from the Insurance Times Etrading Ratings Report.
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NewsLV= to launch multiple AI fraud initiatives 'by the end of the year'
LV=’s director of fraud says the new platforms will enrich the responsibilities of staff, and even lead to more being brought in
