Financial / Results – Page 103
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AgendaDAS UK signs deal to cover customers of lettings disruptor
A new automated claims process has been built which will communicate with landlords
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AgendaInvestment house takes minority stake in Carrot owner
Telematics group promises investment in the development of new products and services with funds
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NewsAllianz posts improved fraud savings for H1 2019
Allianz’s fraud manager, James Burge hails a “fantastic result” after bringing the application and claims fraud teams together
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News‘The tide has turned’ on fraudsters as the industry reacts to the latest ABI figures
Industry appears mostly encouraged by latest fraud figures, but still see a long journey ahead, while one questioned the return on investment
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NewsApplication fraud dominates as average tops £12,000 per case
However, one fraud worth £1.2m was detected, and around 1300 fraudulent cases are exposed every day
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NewsClose Brothers signs exclusive contract with Coversure
Close Brothers and Coversure agree long-term contract covering both personal and commercial lines
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AgendaAon MGA pulls out of solicitors PI market
Several Lloyd’s capacity providers previously supporting Aon MGA Maven had withdrawn their capacity as part of the Lloyd’s profitability review
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NewsDavid Ross unveils plans to double the size of Ardonagh ‘in 3 years’
Ross believes that the business can double in size over the next 3-5 years ‘without breaking a sweat’
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NewsAll Swinton retail branches now closed, Ardonagh confirms
Integration of Swinton is said to be nearly complete, with another £11m planned to be invested in the process through the second half of 2019
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NewsBravo Group reveals purchase price of every acquisition in 2018
Broker Network-owner Bravo Group has revealed the price paid for each of its 10 acquisitions last year
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AgendaRevealed: Top 50 brokers cash in on premium finance instalment charges
Brokers in the Top 50 are relying on premium finance instalment fees as a significant contributor to overall income, analysis shows
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Online onlyIn depth: M&A is main driver of change in Top 50 Brokers
IMAS partner James Simpson looks at how takeovers during the past year have pushed big brokers up the rankings
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NewsBrightside appoints new broking director and CFO
Russell Bence has left the Bristol-based broker to pursue other interests
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AgendaFSCS compensates policyholders as Alpha replacement cover deal collapses
After multiple extensions to find replacement cover for customers on 10-year latent defect policies, the FSCS today said policyholders couldn’t wait any longer
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AgendaTop 50 Brokers winners and losers: consolidators make ground while Gallagher falls back
Insurance Times picks out the highlights of the latest Top 50 Brokers
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AgendaBig Ogden hit takes QBE into underwriting loss
QBE had been expecting the Odgen rate would be reset to 0.25%
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NewsAdmiral chief executive looks to benefits in 2020 of ‘cyclical’ UK motor market
Insurer confident of good results next year after early response to claims inflation
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Online onlyAnalysis: Shares fall, claims mount - what’s wrong at Hastings?
Hastings shares fell last week as it announced its H1 financial results
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NewsSteep rise seen in insurance admin fees as FCA clampdown looms
Cancellation and adjustment fees rose well above the rate of inflation, according to aggregator
