Financial – Page 49
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NewsXS Direct no longer accepting new business
Ceasing renewals business will follow on 1 March 2022
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NewsFCA pricing rules cause wind of change for car insurance premiums – Consumer Intelligence
Different pricing strategies at play will bode for an ‘interesting few months’ for the UK motor insurance market, says pricing expert
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NewsMGA First Underwriting secures £1bn five-year capacity deal
The deal will fuel the MGA’s next phase of growth while providing capacity for new products
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NewsJoe Henderson’s broker eyes £50m premium growth breakthrough in 2022
The firm is battling to ‘create the best brokerage’ with the help of industry veteran backing, says Attis director
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NewsBroker Insights going ‘mainstream’ amid fresh funding
The hike in finance aims to boost the insurtech’s geographical footprint and platform development
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Sponsored ContentThe changing face of regulation and premium finance – Premium Credit
Jon Howells, chief commercial officer of insurance premium finance at Premium Credit, discusses how regulation will impact the implementation of premium finance in the FCA’s fair value focused era
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NewsAviva CEO Blanc ramps up share buyback programme
Aviva chief executive Blanc will update investors again in March next year
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IT InterviewLuisa Barile: Bought By Many set to rival Lemonade as it takes on US market and pet health
The insurtech is now live in 28 states in the US and aims to become a nationwide provider for pet insurance and wellness
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AnalysisBriefing: LV= private equity takeover failed … good, we need mutuals
The UK needs a good mix of mutual organisations to service customers - it cannot always be about the money
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NewsMiddle East oil giant backs Ardonagh in multibillion valuation
Chief executive David Ross says Ardonagh is an ‘international broking powerhouse’
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NewsBought By Many’s GWP doubles to £146m
By increasing its staff headcount and not putting employees on furlough, the business was able to cope with the pandemic pet boom
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NewsInsurers set for ‘bumpy ride’ as GI premiums set to slow in 2022 - EY
Car manufacturers have faced supply chain bottlenecks, which has impacted insurance
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IT InterviewAndrew Johnston: Insurtech sector still on upwards trajectory thanks to incoming capital
But, sector expert has concerns that ‘insurtech’ label could constrict future investment if used too broadly or to encompass widely varied business models
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AnalysisBriefing: Has Solvency II impacted Gibraltar’s attractiveness?
Solvency II has changed Gibraltar. Can it continue to attract insurance firms?
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NewsManchester-based broker exceeds 2022 £100m GWP target already
The broker’s chief executive says the business is in a ’fantastic position’ to grow
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NewsAllianz plans to strengthen ‘leadership position’ in P&C markets over next three years
The insurer is looking to scale and grow between 2022 and 2024
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NewsUK non-life company market set to deteriorate in 2022 – Fitch Ratings
The credit rating agency believes high claims inflation, an uptick in claims frequency and the FCA’s pricing reform will impact insurers’ profitability next year
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AnalysisBriefing: Cracking the difficult US market for insurance
HomeServe shows that the difficult US market can be cracked
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NewsSMEs optimistic over post-Covid recovery – Premium Credit
Around 24% of respondents believe their cash flow might shrink
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NewsInsurer share prices plummet amid Covid resurgence fears
Share prices tumble as Africa and Asia come under the spotlight for Covid - analysts and investors fear lockdowns could cause more claims
