Financial / Results – Page 48
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AnalysisWhen it comes to financial performance, does bigger really mean better?
Insurance DataLab reveals the preliminary findings of its 2022 Broker Performance Report exclusively in Insurance Times, rating the performance of different sized brokers based on their financial performance
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NewsScottish broker to strike £15m record turnover
The broker is keen to expand by putting talent and ’real honesty’ at the heart of its business
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NewsGRP’s County Group expands Welsh portfolio
County’s chief executive says the firm is looking to expand its market presence in Wales and the Northwest
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NewsInsurtech backer Tech Nation to apply for new funding
The new grant funding competition will open in Summer 2022
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NewsCar insurance insurtech raises £1.8m in seed funding
The investment means that the business is ‘well on the way’ regarding its mission ‘to challenge the status quo’ and ‘turn insurance on its head’, says chief executive
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NewsSpace insurance blasting off
New data shows continued growth and opportunities for the UK’s space insurance sector
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NewsIrish-owned ReSure bought by US-headquartered broker
ReSure’s managing director says it has found a ’likeminded partner with shared values’
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NewsCredit ratings agency retains ‘negative outlook’ on UK’s non-life insurance sector
Factors such as general inflation, increased claims costs and flood risk have contributed to the negative rating
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AnalysisAdmiral’s stock market dip - how serious is it?
The Cardiff-based insurer’s share price plunged by 15% last month as a result of profit concerns
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NewsBroadway Insurance Brokers’ GWP on track after almost doubling assets to nearly £1bn
The broker’s chief executive says that the firm is ’significantly ahead’ of where it expected to be
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AnalysisInsurance sector can no longer turn ‘a blind eye’ to property cover commission impact on leaseholders
Industry experts and campaigners feel the FCA is not doing enough to protect leaseholders from opaque commission practices in property insurance
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NewsJensten Group enacts ‘transformation programme’ in preparation for further growth
By streamlining the organisation, newly acquired businesses can be ’neatly dropped’ into the group, says chief executive
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NewsWoodgate and Clark buys specialist media and entertainment adjuster
All staff will move to Woodgate and Clark but the brand will remain the same following the deal
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NewsKGM Underwriting Services signs acquisition deal with motor MGA
The new partner’s chief executive has known the KGM business and its directors for over 20 years
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AnalysisBriefing: Russia-Ukraine insured losses deemed ‘manageable’ – but how long for?
Investment bank predicts that conflict losses will be ‘manageable’, yet insurer boss believes flexibility will remain central for keeping abreast of unfolding situation
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AnalysisBriefing: Why property insurance commission is so controversial
The storm over property insurance could lead to full-blown commission disclosure debacle
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NewsLloyd’s boss John Neal addresses Atrium scandal
Neal made clear that ‘zero tolerance is the only answer’ for bad behaviour
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NewsLloyd's of London assembles committee to discuss Russia-Ukraine ramifications
Lloyd’s has assembled a gold and silver team to help it deal with the ongoing conflict between Russia and Ukraine
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NewsLloyd’s of London names inflation its ‘second biggest challenge’
Inflation is rising but it will not be a huge problem for insurers if they are proactive says chief financial officer
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NewsLloyd’s of London brands ongoing Russia-Ukraine conflict a ‘major loss’
Lloyd’s boss admits some claims could take years to settle but believes that the marketplace is in a strong position to withstand this
