Financial – Page 4
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News
Simply Business expands offering for larger firms
’We are delighted to be able to expand our offering of choice,’ says chief commercial officer
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News Analysis
Brokers reveal concerns about capacity for ‘under pressure’ MGAs
One broker highlights fears that MGAs may be looking ’to all sorts of weird and awful sources of capacity’
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News
Hiscox UK posts £630m ICWP for 2023
’The UK broker commercial business continued to enjoy excellent retention, illustrating the underlying quality of the business and loyalty of our customers,’ says group chief executive
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News Analysis
What does the FCA’s actions on Gap mean for the future?
We’ve heard that the unofficial threshold for that payout rate may be set at 30%, with business lines falling under that level likely to draw increased scrutiny from the FCA, says co-founder
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IT Interview
Clarissa Franks: ‘Growth is the mission’ for Lockton UK
The independent broker is focused on strong organic growth and gathering ‘superstar’ talent, says head of UK retail
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News
Lemonade’s UK arm drives European growth
’Our European business made solid strides in 2023,’ says letter
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News
Catch up on insurers’ 2023 full-year financial results
As the financial year comes to a close, Insurance Times rounds up how insurers fared financially in 2023
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News
ABI unveils 10-point action plan to bring down motor premiums
’Some of these actions we can do quickly, others will require time or assistance from the regulator or government,’ says director
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Sponsored Content
Video: CFC cyber boss discusses world’s first Cyber Monitoring Centre (Part 3 of 3)
Sponsored content: For Insurance Times’ latest expert view, acting editor Yiannis Kotoulas sat down with CFC’s head of cyber strategy to talk about the world’s first Cyber Monitoring Centre
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News
Allianz Holdings sees record growth in 2023 despite ‘challenging’ inflationary pressures
’We have more to do, but performing so well in tough conditions demonstrates our resilience and stability,’ says chief executive
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News
Aon’s £10.6bn acquisition of NFP passes key US test
’The transaction is expected to close in mid-2024,’ says broker
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News
Zurich UK reports 9% growth in P&C arm during 2023
The growth came as the insurer continued its focus on broker and customer propositions
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News
Axa reports €19.3bn P&C gross written premium in Europe for 2023
Chief executive explains that ‘the role of the insurer has completely changed’
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Sponsored Content
Video: CFC cyber boss discusses world’s first Cyber Monitoring Centre (Part 2 of 3)
Sponsored content: For Insurance Times’ latest expert view, acting editor Yiannis Kotoulas sat down with CFC’s head of cyber strategy to talk about the world’s first Cyber Monitoring Centre
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News
Concirrus moves into profitability after 204.6% revenue boost
’Having bought out our venture investors in early 2023, financial stability became a priority,’ says chief executive
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News
Q&A: Aviva looking to ‘raise the game’ with its eTrading platform
Kat Halbert, head of digital operations at Aviva, discusses the insurer’s plans for developing its eTrading platform in 2024
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News
Markel Q&A: Why broker relationships are key for construction clients
Martin Parker, Markel UK’s head of construction underwriting, discusses its new construction proposition and challenges within the sector
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News
Surge in insurance costs helps Money Supermarket secure record revenue
’Exceptionally high premium inflation continued, driving high search traffic,’ firm says
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News
Home insurance premiums surge by 32% in Q4 2023
’Home insurance premiums have increased across the country in the past year,’ says director
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News Analysis
Motor insurance pricing cycle ‘close to a point of softening’
Insurance industry experts speak exclusively to Insurance Times about navigating big pressures in the motor market and what can be expected in 2024