Financial – Page 4
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News
Motor premiums see largest monthly drop since May 2024
’The market has now seen 10 consecutive months of falling motor insurance premiums,’ says director
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News
Insurance salaries higher than national average – and these are the roles seeing pay increases
However, some workers are unhappy with their salary because it has not risen in line with the cost of living
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News
Aventum-owned MGA launches Lloyd’s-backed D&O and PI facility
Brokers ’have been expressing a desire for us to expand our offering’, says head of D&O
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News
David Howden’s statement as Howden breaks £3bn revenue barrier
’Our 30th year proved to be one to remember,’ says founder and chief executive
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News
Hiscox announces senior hire as it launches new FI offering
’Our comprehensive FI offering distinguishes us as one of the few London market carriers who can offer this breadth of protection,’ says casualty divisional director
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News Analysis
Navigating the rising costs and challenges of pet insurance
‘The lack of standardised pricing’ in the pet insurance market ‘makes it difficult for insurers to forecast claims and for customers to understand costs’, says new trade association founder
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News Analysis
Briefing: What is good – and challenging – across UKGI upon entering 2025?
Although recruitment, refinancing, M&A and compliance will keep UKGI brokers on their toes for 2025, the sector still has an awful lot to be grateful for
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IT Interview
Mike Latham: Verlingue UK targets ‘Better Future’ with three-year strategic plan
The family owned and run broker plans to ‘almost double in size in the UK’ using organic growth, but avoiding external hires where possible, says chief executive
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News
FCA places restrictions on Scottish broker after premium payment concerns
The FCA says it is working with the relevant authorities over the situation
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News
London-based MGA announces £420m capacity deal with QBE
’It’s fantastic to be taking our partnership with QBE past the 25-year mark with this new five-year capacity deal,’ says leader
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News
UK-based tradespeople MGA inks new capacity deal as it looks to ‘scale operations’
’This agreement ensures we can continue to grow while providing the best possible service to tradespeople,’ says chief executive
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News
Reinsurers set to continue delivering profits despite falling premium rates
’Despite the rate reductions, we expect the sector’s premium income to increase in 2025,’ says ratings agency
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News
Specialist MGA expands panel of insurers
’We continue to broaden our insurer panel and deliver outstanding solutions for our brokers,’ says managing director
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News Analysis
Briefing: Major insurer snubbing LSE for Wall Street is setback for UK
However, following recent reforms, could the LSE prove attractive for other private insurers looking to go public?
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IT Interview
Luisa Barile: ManyPets targeting growth in lucrative UK market
’We have a very clear plan on growing the UK and [are] now focusing on capturing that growth,’ says group chief executive
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News
Provider responds after promising customers car insurance refunds ‘in error’
Customers took to social media after being left confused by an email saying that they had been overcharged
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News
Bikmo announces first deal of 2025
’This partnership takes us another step forward in our mission to protect the world’s riders,’ says leader
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News
£3bn insurer deals blow to London stock market as it chooses New York for listing
The firm filed paperwork with the US Securities and Exchange Commission over an initial public offering
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News
2025 reinsurance renewals experienced notable softening – Howden
’Our clients are beginning to see relief from the pricing pressures of the last three years in several segments,’ says chief executive
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News Analysis
Top 50 Brokers: Which brokers were 2024’s high flyers?
After reviewing the top 50 brokers data for 2024, MarshBerry selects its best performers over the last 12 months