Financial / Results – Page 23
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News AnalysisBriefing: American dominance of the broker market only set to grow
’In the next five years, there will be more transformative change than there has been in the last 25,’ says chief executive
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NewsBroker Insights to achieve GWP milestone in 2023
“Our clients appreciate our unique dataset and increasingly AI-powered technology,’ says chief executive
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NewsAviva UK GI posts rise in undiscounted COR due to economic headwinds
However, the insurer saw growth in its personal and commercial lines divisions, driving an increase in GWP
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IT InterviewPaul Stacy: Market conditions ‘perfect’ for better application of telematics data
’Without these vital ingredients, usage-based insurance propositions are unlikely to deliver reduced claims frequency and improved underwriting performances,’ says chief executive
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News AnalysisBriefing: Tough times for brokers, but future remains bright
Matt Scott takes a view on the broker market’s prospects following the publication of this year’s Top 50 Brokers report
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News AnalysisUK insurtech sector scoops silver for funding and deal count – Gallagher Re
After a ‘muted’ second quarter, the third quarter has seen a good number of deals and ‘there is no shortage of capital’ says global head of insurtech
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NewsRecent surge in motor premiums making cover unaffordable for UK drivers
’It is concerning that one in four drivers are struggling to afford cover,’ says managing director
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NewsOut now: Top 50 Brokers 2023 digital edition
Which firm has claimed the top spot as the number one broker in the UK general insurance market? Insurance Times and MarshBerry reveal this year’s broker ranking
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NewsBridge sees profits drop despite boosting turnover
The insurance broker has released its results for the year to 31 March 2023
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NewsProperty insurers facing ‘mixed bag’ of news over claims costs
’Insurers need to consider fluctuations in the cost of materials, running plant equipment and labour,’ says head of property
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NewsMotor insurance prices rise at record pace – but is ‘stabilisation’ in sight?
’The upcoming months will reveal whether this trend materialises,’ says director of insurance pricing
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NewsSource partners with Prestige Underwriting as it rolls out first home product
’We look forward to enjoying a long and mutually beneficial relationship,’ says head of broker development
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NewsMore motor and home insurance customers relying on credit to pay for cover
’There has been a sharp rise in the number of people turning to credit,’ says marketing and communications director
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NewsABI issues government plea as motor prices hit new record high in Q3 2023
’The government could help drivers with an immediate reduction in costs,’ says director
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NewsInsly scoops £1.5m in venture debt funding to scale up
’Insly’s readiness for debt financing signifies a major financial milestone,’ says chief executive
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News‘Exceptional’ property market boosts Beazley’s premiums in 2023
’We have taken advantage of the opportunities in the property market this year,’ says chief executive
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NewsDLG more than doubles motor GWP in space of quarter
’We believe we are writing profitably,’ says acting chief executive
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NewsInsurers warned of ‘subdued’ demand for home and motor policies
’It is essential that firms keep a careful eye on balance sheets,’ says UK insurance leader
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NewsInsurance update issued as Luton Airport confirms car park will be demolished after fire
’It is reassuring to note that the vast majority of insurance claims have been settled,’ says operations director
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News AnalysisEarnings from broker schemes rise as hard market cycle persists
Insurance Times picks out the best and worst performing lines from data provided by schemes software provider SchemeServe
