Financial – Page 13
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NewsAround 15% of SMEs opt to pay for insurance monthly as bill late payment issues continue
Cash flow concerns see SME owners switch method of paying for insurance, says premium finance firm
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NewsSixfold to expand into UK after $15m fundraise
’Expanding our presence in the UK was a no-brainer,’ says chief operating officer
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NewsJaguar Land Rover backs UK police to tackle vehicle theft as it looks to reduce premiums
’This additional investment, coupled with our other ongoing and proactive action, shows our commitment to supporting the authorities,’ says managing director
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IT InterviewAnt Middle: M&A will provide Ageas UK with ‘optionality for the future’
Chief executive eyes new product lines and M&A opportunities as personal lines insurer plots out its next three to five-year strategy
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IT InterviewTom Downey: Pen Underwriting plans to use M&A to build ‘a much more specialist, niche business’
Chief executive strives for MGA to be ‘magic in the middle’ between capacity partners and brokers as it looks to hit £1bn GWP by year-end
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NewsAviva subsidiary to open new vehicle repair centres
’We can continue delivering great outcomes for our customers,’ says managing director
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News AnalysisConsolidation leads to capacity squeeze in HNW market
M&A of high net worth focused businesses has created ‘one of the hardest markets’ for placing these specialist risks, says broker managing director
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NewsHome insurance premiums rise as motor prices dip
A pricing index has revealed the rate of premiums movements across May
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NewsError sees ‘small percentage’ of Admiral customers being overcharged at renewal
’We’re refunding those who have been overcharged and also writing to them to apologise,’ says spokesperson
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NewsDLG-owned motor ownership app shutting down after nine months
’Thanks to everyone for joining us on this journey, but we’re putting the brakes on the Caha app,’ says firm
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News AnalysisBrokers on the up despite challenging market
Insurance DataLab confirms the scores and metrics behind the brokers leading the UKGI market according to its newly launched Broker Performance Report 2024
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NewsRise in pet insurance policies could be causing ‘unnecessary confusion’
’The current volume of options could be causing further confusion for consumers,’ says expert
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NewsSabre Insurance’s outlook ‘remains unchanged’ as it posts Q1 2024 results
’We have delivered high levels of premium growth whilst also increasing prices to cover fully forward-looking claims inflation,’ says chief executive
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NewsAviva’s UKGI business sees personal and commercial lines growth in Q1 2024
’I am pleased to share that our underlying trading momentum has continued, delivering a strong start to the year,’ says chief executive
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IT InterviewWarren Downey: SRG’s new investment represents beginning of ‘chapter two’ for broker’s growth journey
’If you build the right culture and you attract the right people, you get fabulous results – it’s blinking obvious,’ says group chief executive
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NewsMotor market grew GWP by 25% in 2023 – Oxbow Partners
Sector set to be more profitable in the year ahead because it ‘is pricing much more effectively for costs they have to suffer’, says head of market intelligence
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NewsSRG acquired in deal worth more than £1bn
’They are ideal partners who will provide the support and firepower we need as we embark on the next exciting stage of our growth journey,’ says group chief executive
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NewsMore consumers relying on credit to buy cover
’The numbers of people using credit to pay for insurance continues to rise,’ says director
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NewsRSA announces new partnership with MGA
’We have an ambitious customer service agenda and developing and nurturing long standing partnerships will help us achieve our objectives,’ says director
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NewsHigh Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories from this week
