Latest News – Page 485
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Online onlyInsurance industry wants cut to IPT in new Chancellor’s first budget
A tax cut would boost insurance uptake and improve road safety, industry says
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Online onlyCall centres closed, disaster planning - Coronavirus warning of huge claims disruption
360Globalnet boss says back up planning and flexible IT is needed
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NewsSam White’s Freedom Services Group buys Homelyfe
The purchase signals White’s move into the home insurance sector
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NewsDirect Line shares buoyed as insurer outperforms expectations
Results fell within or below the guidance range in most areas
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NewsUK’s short-term political risk score improves drastically as a result of December election
Marsh JLT Specialty defines Britain’s short-term political risk score as ‘stable’
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NewsGRP-owned Green Insurance Group makes first acquisition of 2020
The GRP hub continues its successful acquisition trail from last year
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NewsDirect Line reports fall in underwriting profit
A reduction in reserve releases and a challenging first half of the year hits the business
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NewsCII launches new chartered status for MGAs
Manchester Underwriting Management, Geo Underwriting and Xbridge, trading as Simply Business, are the first three MGAs to qualify for chartered status
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Online onlySolvency requirements have reduced insurer failures across Europe
New research from KPMG reveals number and size of insolvencies has fallen since the Solvency I regime was introduced in 2004
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NewsArdonagh Group buys specialist agricultural underwriter
The transaction marks Ardonagh’s second acquisition for 2020 so far
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NewsSutton Winson aims to expand health offering with broker purchase
The broker is planning to grow through organic growth and cross-selling products
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NewsSSP launches data solution to help brokers access trend insights
The company’s distribution director says the data set will ‘provide insights never before possible’
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News AnalysisProposed premium finance commission rules – what does it mean for brokers?
An update to premium finance commission rules means brokers may have to disclose the amount of commission they are charging
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Online onlyAviva takes protective staff action amid Coronavirus concerns
Insurer says it is taking the prudent approach
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NewsKennedys launches tool aimed at allowing insurance clients to self-serve claims
The new platform could save insurers and brokers time and money when getting legal advice as well as recovering written-off costs and helping underwrite future risk
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NewsLexisNexis Risk Solutions launches test phase of new Vehicle Build data set
The product supports underwriting by informing insurers on vehicles’ in-car safety features
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NewsEd Broking appoints London-based divisional directors
The two new starters have a combined 19 years of industry experience
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NewsERS offers safe haven for brokers amid MGA exits
The specialist motor insurer aims to capitalise on market withdrawals by some of its competitors
