Financial – Page 5
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News
DLG-owned Direct Line goes live on Compare the Market
Chief executive says the insurer is ’delivering a key pillar of its corporate strategy’
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News
Broker secures major backing as it joins $2.2bn continuation fund
’We are excited by the incredible prospects for further growth,’ says chief executive
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News Analysis
Opinion: Supercycle has fuelled ‘abusive’ returns for UK brokers – but has it also caused ‘complacency’?
Consultancy chief executive notes strong economic growth over the past 15 years has supported broker valuation boost – but warns that supercycle tide can’t keep brokers afloat forever
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News
Regulator reveals DLG breached rules over insurance add-on
Over 300 customers were affected, says watchdog
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News
Ardonagh now valued at $14bn as it secures major investment
The investor will become a significant shareholder in the broker
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News
Axa UK announces new capacity deal
’This partnership solidifies our commitment to the UK personal lines market,’ says chief executive
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IT Interview
Jason Harris: Connectivity, people and agility are the key pillars for QBE International
’Clearly, my predecessor did a fabulous job and a key goal was to keep the good things from his era. But, when he retired, it was time for a different approach,’ says chief executive
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News Analysis
Why Ageas, Aviva and QBE were named insurers of the year at 2024’s Insurance Times Awards
Market intelligence firm Insurance DataLab explores the financials behind the big insurer winners from this month’s Insurance Times Awards ceremony, hosted by Claudia Winkleman
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News
UK insurance provider secures capacity deal as it hits $1bn GWP
’These are huge milestones for us,’ says chief executive
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News
Axa raises €400m through 2024 employee share scheme
’Shareplan is a powerful lever to strengthen alignment among our teams,’ says group general counsel
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News Analysis
Briefing: ‘Tis the season to be jolly?
Macroeconomic circumstances have buffeted the UK general insurance market in recent years – that trajectory looks set to continue as 2024 comes to a close and pressure points still pinch firms
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News
High Five: Catch up on the biggest stories this week
Insurance Times rounds up the biggest stories from 25 to 29 November 2024
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IT Awards 2024
Insurance Times Awards 2024: FSB stepped up when NABAS stood near collapse
David Perry, chief executive at FSB Insurance, talks about the firm’s entry for the Customer Champion of the Year – Broker award
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IT Awards 2024
Insurance Times Awards 2024: Ascend Brokers’ ‘unwavering commitment to exceptional value’
Matthew Collins, managing director at Ascend Brokers, discusses the firm’s entry for the Customer Champion of the Year –Broker award
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News
Policy Expert targets £500m GWP as capacity deal announced
’We are delighted to agree this multiyear deal,’ says chief executive
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IT Interview
Covéa Insurance does not want to ‘rush and fail’ growth after 2023 job cuts – Georges de Macedo
Despite falling nine places in this year’s Top 50 Insurers report, published by Insurance Times and Insurance DataLab, insurer chief executive believes ‘growth is not difficult’ to achieve
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News
London market has ‘superpower’ to meet client needs as risks grow – Neal
’We have a riskier world with the impact of Covid, war on land and the climate,’ says chief executive
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News
Markel-backed personal guarantee MGA hits 3,000 policyholder milestone
Despite achieving ‘a significant milestone’ in terms of customer count, managing director says firm’s ‘ambitions for growth remain substantial’
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News
Motor insurance costs decline across 2024
However, despite overall price drops, young drivers continue to pay high premiums across the UK
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News
£60m GWP broker secures £8m investment for UK expansion
’This latest investment gives us additional firepower to keep growing our commercial broking organisation,’ says chief executive