Financial – Page 2
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NewsNew MGA launches with capacity from Axa UK
’Our immediate priority is to establish a strong presence in the UK market,’ says managing director
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NewsPet premiums drop as CMA announces vets market concerns
’The CMA’s announcement alongside the reduction in pet insurance premiums in the same month is significant,’ says director
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NewsNew MGA specialising in transactional risk solutions launches
’We believe that our proven execution capability and entrepreneurial approach will allow us to offer our clients and brokers an exciting and fresh source of solutions,’ says founder
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NewsZurich to evolve propositions to boost growth in 2024
’We are looking to make sure that we continue to grow,’ says chief executive
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NewsArdonagh boosts income and adjusted ebitda during 2023
’These results reflect a very strong year for our group,’ says chief executive
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NewsLloyd’s reports 2023 profit surge and ‘strongest’ COR since 2007
’The results we’re reporting today are our best in recent history,’ says chief executive
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News AnalysisBriefing: Where has all the capacity gone?
The capacity conundrum is causing insurers to exit lines of business – leaving the door wide open for MGAs to get cosy with brokers to better serve end clients
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News AnalysisTechTalk: Impact of simplified R&D scheme for insurtechs and startup brokers is ‘yet to be seen’
Brokers and MGAs investing in software that is new, improving a process or addressing an uncertainty could benefit from R&D tax relief
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NewsPI-driven law firm closures fall to lowest level since 2019
’Law firms will be very glad that PI premiums appear to have begun to soften,’ says partner
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NewsBroker to automate NCD verification process
’We can significantly improve our service and highlight potential discrepancies at an early point in the customer journey,’ says senior trading manager
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NewsEcclesiastical reports 2023 COR rise despite GWP increase
’We move into 2024 with renewed ambition and drive to grow the business,’ says chief executive
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NewsWinslow outlines DLG’s cost cutting plan and addresses questions about jobs
’We are not immune to any of the wider technology and digitisation forces that every industry is needing to address and face into,’ says chief executive
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NewsDLG making significant cost cuts after recording operating loss of nearly £200m
’We need to do more to drive performance,’ says chief executive
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NewsSabre ‘now seeing the benefits’ of making an early call on inflation – Geoff Carter
’One of the key things we do around pricing development is constantly churning the data to get the right price,’ says chief executive
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NewsClear Group improves ebitda by 33.4% in year to October 2023
Group chief executive says the intermediary is ‘well placed for its next phase of growth’
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NewsSabre posts COR of 86.3% for 2023
’The 2023 results demonstrate the strength of Sabre’s model with our disciplined approach,’ says chief executive
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NewsCFC announces entry into carbon insurance market
The insurance provider has entered the market with the launch of a carbon delivery insurance policy
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IT InterviewJason Storah: Brokers are ‘fundamentally important’ to Aviva
Although new UKGI boss didn’t expect to move away from his Canadian business leadership, he swiftly recognised the ‘really big opportunities’ present in the UK market
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NewsDLG bid evidence of ‘a fairly optimistic outlook’ for UK motor
The bids “suggest that someone who knows quite a lot about UK motor thinks it’s an area worth investing in”, says chief executive
