Financial – Page 28
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News
The Clear Group boosts revenue and ebitda in 2022 after acquisition spree
’2022 marked an exceptional year for the Clear Group,’ says chief executive
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News
Former Hastings chairman leads £2.7m fundraise for Percayso Inform
’We believe that Percayso Inform will play a key role in helping insurance providers of all shapes and sizes,’ says managing director
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News
Beazley boosts H1 2023 GWP following growth in cyber and property
’The excellent conditions in the property market persisted into the second quarter,’ says chief executive
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Webinar
Watch: Insurance Times eTrading webinar now available to watch
The webinar comes following the launch of Insurance Times’ annual eTrading survey
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News
Movo reveals startup brokers ‘booming’ as network surpasses member target
’We’re thrilled to see so many startup brokers flourishing under our model,’ says managing director
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News
Increases in motor insurance premiums outstrip CPI inflation
’Motorists are facing the sharpest acceleration in premium rates,’ says UK head of P&C pricing
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News
Sabre issues statement as MCE Insurance placed into administration
The move will determine whether MCE should continue to trade, be sold or be wound down in an orderly way
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News
Drivers with penalty points at risk of significantly heightened premium costs – Forbes Advisor
’Data shows a drastic increase from just one to three points,’ says expert
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News
Flood Re grows policy numbers and GWP despite profit drop
The mutual reinsurer has also given an update on the uptake of its Build Back Better scheme
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News
RSA expands professional indemnity offering with new product for brokers
Head of professional indemnity says new offering ’will play an important role in helping us meet the diverse needs of our brokers and customers’
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IT Interview
Paul Wingfield Q&A: What the delegated MGA market should move ‘entirely away from’
’We do see an increasing number of carriers agree that this is the way to bring stability to their own participation in the MGA market,’ says managing director
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News
Homeowners warned they might be underinsured if they make this switch
’Underinsurance [is] a key cause of complaints in home insurance,’ says provider of automated property valuations
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News
Biba announces strong 2022 performance after boost in broker business
’We thank our members for their ongoing support,’ association says
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News
More insurance consumers using credit when obtaining cover – Premium Credit
However, ’there is a growing issue that getting credit – and credit cards in particular – is becoming more difficult,’ says strategy, marketing and communications director
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News Analysis
Briefing: Cyber insurance is an opportunity – but industry needs mindset to seize it
Cyber uptake may be low, but is there more to the issue than business apathy to the risks?
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News
Broker partners ‘should start to feel difference’ of new Allianz structure – Hobbs
’It makes it easier for our brokers and partners as we conduct ourselves with them in a more streamlined way,’ says chief distribution officer
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News
Hiscox partners with IS2 to bolster broker schemes
’It is essential that schemes remain flexible, accessible and responsive to rapidly changing market needs and that they run efficiently,’ says head of digital trading
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IT Interview
Neil McCarthy Q&A: ‘Constant recycling of underwriters in company markets creates further instability’
MPR Underwriting managing director provides an overview of factors impacting MGAs today
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News
Revealed: The biggest mistakes MGAs are making with data
Experts at the MGAA conference discuss why data is important in securing capacity