Financial / Results – Page 14
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NewsSabre posts COR of 83.6% for H1 2024
’We are in a strong position at the halfway point of the year, having written good levels of premium at our target margins across all product line,’ says chief executive
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NewsOndo reports revenue increase and continued UK growth
’Our focus in [financial year 2025] remains top line growth, driving towards cash flow break even by the end of the financial year,’ says chief executive
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NewsZurich invests millions in cyber insurance provider
’We will accelerate our efforts to deliver advanced and efficient cyber insurance solutions,’ says chief executive
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NewsInsurance premiums drop for young drivers
’Whilst there’s no guarantee that these premiums are going to continue to fall, it’s certainly a step in the right direction,’ says chief executive
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NewsAllianz launches new motor proposition for personal lines market
’We’ve developed this with our customers in mind,’ says managing director
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NewsSignificant losses estimated after mass IT outage
’This scale of loss could make the event the largest single insured loss event in the history of the affirmative cyber insurance industry over the past 20 years,’ says firm
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NewsFamily run broker secures increased investment
The broker is aiming to achieve the £25m GWP mark by 2028 following the deal
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NewsVan insurance premium rises starting to slow
Q2 2024 saw the lowest increase across the last five quarters
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NewsSpecialist MGA secures new capacity deal
Underwriting director hopes the deal will help address the ’demand and complexity of waste and recycling service providers’
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NewsPPL improves service during half-year renewals
’We can now turn our attention, as we had hoped to do all along, to building out a wider ecosystem of trading tools,’’ says chief operating officer
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NewsQBE raises the curtain on new cyber product
Group chief executive says ‘strategic investments’ in cyber has ‘strengthened’ the firm’s ability to ‘shield’ its clients
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NewsKwik Fit to offer motor insurance through its website
’We have worked to make the process of getting a quote and confirming cover via our website as simple as possible,’ says marketing director
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NewsMotor insurers record major losses in 2023 – but profitability expected to return
’High inflation and rising costs have resulted in an extremely difficult couple of years for the UK motor insurance sector,’ says UK insurance partner
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NewsPlea issued to brokers as underinsurance becomes ‘increasing problem’
In the HNW sector, more clients reduced their insurance cover during the past year, figures show
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NewsNew broker launches in UK
It aims to serve the local business community and clients across the UK
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NewsThe top MGA in UKGI revealed
’The average rating continues to improve, which is testament to a commitment to efficiency and continued investment in technology,’ says co-founder
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News AnalysisMGA market continues to grow – but which are the best performing firms?
Insurance DataLab reveals which UK-based MGAs are ‘setting themselves up for a bright future’ with robust financial results
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NewsDLG to exit or stop investing in range of personal lines sectors
’The strategy and targets set out today signal our ambition and intention to grow our business and deliver strong returns,’ says chief executive
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NewsDLG to launch signature brand on price comparison websites
Chief executive hopes the move will ’shake up the motor insurance market’
