Latest News – Page 664
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Moneysupermarket chief executive to step down
Peter Plumb will depart on or before company’s AGM
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Blanc: AXA is investing to tackle brokered motor profitability
Chief executive outlines plans to deal with challenging business line
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Direct Line committed to partnerships despite deal losses
Chief executive plays down loss of partnership deals
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Tokio Marine HCC extends multi risk policy for SMEs
Insurer Tokio Marine HCC has extended its professional multi risk policy to include an all-in-one protection product for SMEs. The Office Protect product covers contents, portable equipment, business interruption, equipment breakdown, personal accident and legal expenses. SME businesses can choose the cover and sums they want insured. ...
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Analysis: Licence to stand still - why the FCA is taking so long to approve broking bosses
The regulator is asking more questions of individuals and firms. New appointments kept waiting for months for the green light
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AXA’s Blanc warns of brokered personal lines pressure
AXA UK and Ireland chief executive Amanda Blanc has highlighted brokered personal lines as a pressure point in her company’s first-half results. Blanc said in a statement accompanying the results that although AXA UK and Ireland’s underwriting profitability was improving overall, the company was facing “some ...
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Back Me Up insurance product aims to court millennials
Ageas outlines Back Me Up insurance cover
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AXA UK and Ireland profit rises 8% despite “strong headwinds”
AXA UK and Ireland made an underlying profit of £138m in the first half of 2016, up 8% on the £128m it made in the same period last year. The improvement came despite the company facing what chief executive Amanda Blanc described as “strong headwinds”. General insurance ...
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AIG first-half profit down 59% but second quarter improves
Profit rose to $1.9bn in second quarter
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JLT not worried about Brexit impact
Leave supporter and JLT chief executive Dominic Burke has said he is not worried about Brexit impacting the broker, the Financial Times reported. Burke, who has been one of few financial chief executives to publicly support Brexit, said the broker was well adapt to cope. ...
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Zurich teams up with smart tech company
Zurich hopes the partnership will bring smart tech into British homes
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Industry must ‘look past the hype’ of blockchain
PwC UK insurance leader Jonathan Howe says technology will not be the best solution for all insurance processes
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FCA: PPI complaints deadline should be June 2019
New consultation launched on PPI complaints handling rules
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Direct Line extends RBS home deal but travel faces review
Home deal will now run until October 2020
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ERS focusing on smaller brokers to improve underwriting
Dealing with smaller brokers can help commission and loss ratios, finance chief says
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Surprise Brexit gains help boost ERS first-half profit
Lloyd’s motor insurer reports £7.3m profit
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Analysis: High admin fees, hidden profits, no transparency - why brokers playing the short game won't win
Put your customers’ interests first, not your own, or lose out. This was a core message of the inaugural Insurance Times Insuring SMEs event in mid-June. Marsh UK and Ireland chief executive Mark Weil set the tone for the day. He hit out at broker consolidators ...