Financial
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NewsHigh Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories from this week (30 October – 4 October 2024)
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NewsInsurance sector in ‘buoyant mood’ as expectations of growth improve – Lloyds Bank
’Headwinds do remain in the market and insurers on both sides will need to remain vigilant as the year progresses,’ says managing director
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NewsZego exits B2B market and makes further staff cuts
’With these changes, we are confident in our positioning to drive sustainable growth in 2024 and beyond,’ the insurtech said
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NewsMGA secures capacity deal with recently rebranded insurance firm
’It supports our growth ambitions over the next five years,’ says managing director
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Sponsored ContentIs the tide turning on UK home insurance pricing? – Pearson Ham
Sponsored content: Stephen Kennedy, director of insurance pricing at Pearson Ham Group, discusses whether home insurance premiums are turning a corner
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NewsInsurtech IPOs ‘slowing down’ after investment downturn
’Potential insurtech investors are getting more nervous and risk averse and the path towards an IPO becomes a lot harder and longer to navigate,’ says chief operating officer
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News AnalysisSolvency ratios on the rise as UKGI market continues to face unprecedented pressures
Insurance DataLab co-founder Matt Scott dives into the the market’s latest SFCRs to draw out a number of trends
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NewsEcclesiastical posts underwriting profit of £20.4m for H1 2024
Ecclesiastical put the improved profitability of its underwriting partially down to a ’more stable claims environment’
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News AnalysisLatest broker schemes data hints at ‘slightly improved’ trading period
’While premiums have seen increases across the board, commissions have increased at multiples of this,’ explains chief executive
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NewsFootball club partner launches insurance broker
’The launch has enabled us to bring more services to our customers,’ says managing director
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NewsAviva announces new capacity deal with Howden
’This agreement demonstrates our commitment to growing our MGA, DUA and schemes portfolio,’ says chief distribution officer
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News AnalysisBriefing: The MGA market is navigating a perfect storm on its growth journey
The MGA market is not just here to stay, but will continue to grow and thrive
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Sponsored ContentNavigating a tight budget – Arag
Andy Talbot, director of marketing for ATE and broker, discusses how firms can work around the outcomes of the upcoming Autumn Budget
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NewsAdmiral makes employee share revelation as it celebrates 20 years on LSE
’Our continued growth would not have been possible without our colleagues’ hard work and dedication,’ says chief executive
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News AnalysisBroker networks ramp up distribution focus
’The ability to gain distribution benefits is a major driver for brokers joining networks,’ says director of policy and public affairs
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NewsWhat will the Autumn Budget hold for the insurance industry?
Measures announced by Chancellor Rachel Reeves at the end of October will undoubtedly impact on the insurance sector in a number of ways – but what are the biggest things to watch out for?
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NewsMike Patston: Touchstone investing in technology to enhance broker experiences
Mike Patston, deputy managing director at Touchstone Underwriting, outlines how the MGA is looking to deliver for its broker partners
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NewsDAS reports 8% GWP growth following Arag acquisition
’These results show why Arag was keen to acquire Das,’ says chief executive
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NewsMGA launches new property arm and announces senior hire
’This expansion allows us to offer a more comprehensive and innovative product range,’ says appointee
