Financial / Results – Page 50
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NewsManifesto 2022: Biba demands fairer compensation levy for GI brokers following member 'uproar'
Although Biba’s members are happy to contribute to a compensation scheme, the current arrangement feels ’more like bailing out rather than chipping in’, says trade body chief executive
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AnalysisAviva to accelerate regional broker investment and underwriting footprint expansion
The insurer tells Insurance Times its plans for mid-market broker investment and how it is tackling underinsurance
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NewsLaka raises $12m to build e-mobility insurtech in Europe
The insurtech plans to expand its product offering and double its remote-first workforce
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NewsInsurtech startup raises £3m to scale insurance fraud platform
The business will also be investing in its people, with plans to double the size of its engineering team
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NewsManifesto 2022: Biba urges UK government to slash IPT to 10% in next Budget
The trade body further believes that IPT relief should be offered for cladding-linked property insurance, telematics-based motor policies and cyber cover
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NewsUK anti-fraud minister resigns over government’s ‘woeful’ handling of Covid business loan fraud
More than 1,000 companies received bounce back loans despite the fact that they ’were not even trading when Covid struck’, according to the minister
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NewsPen Underwriting inks multiyear capacity deal extensions with QBE
The businesses have worked together for the past 20 years
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NewsInsurers must prepare to pay interim material costs for cashflow concerned builders
Insurers ‘can expect a much wider range of project costs than normal’, predicts senior surveyor
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IT InterviewSimon Taylor: The independent broker ‘not interested in M&A’
Reich Insurance Group exceeded its five-year GWP target ahead of schedule – its chief executive tells Insurance Times the secret to running a successful broking business
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IT InterviewHowden Group aims to be new insurance industry ‘challenger’
The broking group plans to develop a ’lead position’ across continental Europe after now cementing its status as ’the new powerhouse in the UK market’, says chief executive
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NewsHowden Group boosts revenue by 48% in 2021 thanks to organic growth uptick
The broker attributed its 2021 revenue uptick to organic growth fuelled by talent in the business
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NewsPrivate equity company finalises Direct Commercial Group investment
DCG’s founder and chief executive will remain the majority shareholder
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AnalysisBriefing: Can Aviva’s share price really hit 800p?
Aviva’s activist shareholder wants an 800p share price. Is this realistic?
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AnalysisGibraltar on the rise as underwriting performance improves on the Rock
Insurance DataLab unveils which lines of business are proving most profitable for Gibraltar-based insurers using its unique underwriting rating methodology
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NewsCar insurance costs increase for first time since autumn 2020
Pricing trend data could help insurers navigate the motor market post-FCA pricing reform, said price comparison site chief executive
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NewsXS Direct no longer accepting new business
Ceasing renewals business will follow on 1 March 2022
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NewsFCA pricing rules cause wind of change for car insurance premiums – Consumer Intelligence
Different pricing strategies at play will bode for an ‘interesting few months’ for the UK motor insurance market, says pricing expert
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NewsMGA First Underwriting secures £1bn five-year capacity deal
The deal will fuel the MGA’s next phase of growth while providing capacity for new products
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NewsJoe Henderson’s broker eyes £50m premium growth breakthrough in 2022
The firm is battling to ‘create the best brokerage’ with the help of industry veteran backing, says Attis director
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NewsBroker Insights going ‘mainstream’ amid fresh funding
The hike in finance aims to boost the insurtech’s geographical footprint and platform development
