Broker News – Page 159
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NewsIPT increase bad for consumers, neutral for Hastings, says CFO
Further tax increase would encourage clients to shop around more, says Hoskins
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NewsArgoGlobal launches click and buy portal for drones market
Insure4Drones has been developed with Lloyd’s coverholder JRW Group
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NewsTowergate warns further 'IPT tax hike' could leave SMEs without cover
Kent area director David Armstrong says insurance sector is easy target for the Chancellor
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NewsDecember storms drive down L&G GI profits by 13.6%
The insurer incurred losses of £15m from December storms
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NewsCheltenham 2016: Insurance Times insider's tips for first day
The Horse Whisperer looks ahead to the first day at the Cheltenham Festival
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NewsCar premiums up 13% in year to February – Consumer Intelligence
Insurance Premium Tax rise blamed as over-50s see biggest increase, while telematics keeps lid on younger drivers’ costs
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NewsCII launches new initiative to promote greater diversity
CII chief executive Sian Fisher says there is a disconnect between the risks women face and how products are developed
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NewsAviva eyes bolt-on acquisitions as it delivers £9.7bn surplus
Group boss Mark Wilson attributes 20% increase in operating profits to a better strategic focus
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NewsBrokers welcome Aviva's internal choice for UK GI boss role
Brokers spoken to by Insurance Times said the internal appointment created stability and continuity
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NewsAviva names new UK GI boss to replace Tulloch
Colm Holmes, currently Aviva UK GI’s chief financial officer, will take on the role on 1 June
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NewsBruce and GRP deny Bluefin allegations
Ex-Bluefin chief executive Mike Bruce and GRP have filed court documents responding to Bluefin’s allegations
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NewsRural eyes acquisitions as it targets £100m GWP
The MGA, which is writing close to £42m, is expected to deliver 62% growth in profits this year
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NewsTowergate appoints Accenture to tackle IT 'infrastructure issue'
Under five-year deal Accenture will migrate and run Towergate’s core applications and infrastructure in the public cloud
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NewsBrightside could start looking at acquisitions by year-end
Chief executive Mark Cliff confident that the broking group is back on track
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NewsMGA launches online quote and buy platform in rebrand
ARO says capability will enhance the service that brokers can deliver to their clients and offer them more products
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NewsDeteriorating underwriting performance cuts Esure profit
Esure’s motor profits fell by 78.4% while its combined operating ratio increased by six percentage points to 98.4%
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NewsFierce competition hits Confused.com's profits by 20.9%
Aggregators spent more than ever on advertising and other promotional activities last year to attract customers
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NewsRates increase drives up Admiral UK motor profit by 11%
The UK motor COR improved by two percentage points – largely driven by strong releases from prior year claims reserves
