Peach PI will rebrand as Peach at the UK Broker Expo, Insurance Age can reveal, with new messaging and a company logo to reflect its modern appetite. from Insurer - insuranceage.co.uk https://ift.tt/pDwmtfx
Motor insurance premiums for Scottish and Northern Irish drivers have been tipped to decrease by an average of £60 (10%) in Scotland and £90 (15%) in Northern Ireland following a Government review. from Insurer - insuranceage.co.uk https://ift.tt/gDEcdJA
Aviva believes there is “more to go at” with brokers and is weighing up options having opened in Chelmsford and Southampton along with expanding in Glasgow this year, UK and Ireland general insurance CEO Jason Storah told Insurance Age. from Insurer - insuranceage.co.uk https://ift.tt/Faeyzkc
Aviva has agreed to a deal with Howden to provide capacity for the broker’s Bespoke Farm and Estate Scheme, Insurance Age can reveal. from Insurer - insuranceage.co.uk https://ift.tt/ZE32ROe
Insurers detected £1.1bn worth of fraudulent claims last year, up 4% on 2022, according to the latest cross-industry figures. from Insurer - insuranceage.co.uk https://ift.tt/GsCQFN6
Ecclesiastical Insurance achieved £18m of underwriting profit on UK and Ireland business in the first half of 2024 as its combined operating ratio improved substantially to 84.2% from 106.6% in the same period of 2023. from Insurer - insuranceage.co.uk https://ift.tt/kfeR6Vl
With Munich Re (GrovesJohnWestrup) and Allianz (Home & Legacy) putting mid- and high-net-worth MGAs into run-off in the last 18 months, is this distribution model failing to connect with these customers? Ed Murray explores these developments and others in the upmarket personal property sector. from Insurer - insuranceage.co.uk https://ift.tt/R10dtyW
London and regional markets focused managing general agent Kayzen Specialty has launched an add-on for directors’ and officers’ insurance claiming it will provide broader cover protecting individual executives from gaps. from Insurer - insuranceage.co.uk https://ift.tt/epTRYmA
Beat Capital Partners is launching proRISE Insurance Services targeting management and professional liability insurance for SMEs with its products distributed through wholesale brokers. from Insurer - insuranceage.co.uk https://ift.tt/6aASbN3
Julian Tomlinson, chairman of Alps, argues some insurance add-ons are more vital for policyholders today than they’ve ever been. from Insurer - insuranceage.co.uk https://ift.tt/4QHIzs8
Lloyd’s has named Sir Charles Roxburgh as its next chair to take up the role on 1 May 2025, succeeding Bruce Carnegie-Brown. from Insurer - insuranceage.co.uk https://ift.tt/X0QKAy3
QBE has opened a new office in Leeds making a £3.6m investment in the city for its second largest European site. from Insurer - insuranceage.co.uk https://ift.tt/gXGB3J5
Both the Financial Conduct Authority and Financial Ombudsman Service have recently highlighted issues around insurers and managing general agents outsourcing claims to third party administrators. Siân Barton examines whether brokers hold similar concerns – and what trends they are seeing in terms of level of service in the current market. from Insurer - insuranceage.co.uk https://ift.tt/91sjKaH
Former CEO of Esure Peter Graham has been appointed as non-executive chairman (designate) of Markerstudy Insurance Services. from Insurer - insuranceage.co.uk https://ift.tt/OWqvUsI
A man who sold invalid insurance policies and tried to take out car insurance for himself by covering up his driving offences and using a fake no-claims discount certificate has been sentenced to two years in prison, suspended for two years. from Insurer - insuranceage.co.uk https://ift.tt/QUhLlHp
Broker Insights has confirmed that brokers have uploaded £5.5bn of gross written premium to its Vision platform as it tracks towards hitting £6bn by the end of the year. from Insurer - insuranceage.co.uk https://ift.tt/OqvAQPJ
Managing general agent Spring Insure has secured A-rated capacity from Bridgehaven Specialty UK to sit alongside its existing backers as it targets expansion. from Insurer - insuranceage.co.uk https://ift.tt/kyJNU0M
Aviva’s strategic accounts director Michelle Taylor has been handed a wider broker-facing remit within the insurer, Insurance Age can reveal. from Insurer - insuranceage.co.uk https://ift.tt/RpAmgu2
IS2 has launched an API enabled hosted pricing solution, staking a claim for a commercial lines schemes first. from Insurer - insuranceage.co.uk https://ift.tt/F60w8Uc
Esure is possibly up for sale, as private equity firm Bain Capital has lined up advisors, according to Reuters. from Insurer - insuranceage.co.uk https://ift.tt/efCnxlK
Moody’s has changed its outlook for UK property and casualty insurers to stable from negative noting prices for personal lines cover, such as motor insurance, have risen sufficiently to absorb claims inflation. from Insurer - insuranceage.co.uk https://ift.tt/YMInfOc
Lloyd’s has begun a consultation as it looks to modernise and streamline its approach to dealing with poor conduct and behaviours in the market including both financial and non-financial misconduct. from Insurer - insuranceage.co.uk https://ift.tt/UvSre9A
Research by Which? has revealed the average annual percentage rate for motor insurance on monthly premium finance at 22% and 20% for home policies. from Insurer - insuranceage.co.uk https://ift.tt/IiNKhAE
Starpeak, the specialist digital distributor of insurance to niche online markets, has partnered with commercial insurer Peach Pi to co-create products designed specifically for the micro and SME market. from Insurer - insuranceage.co.uk https://ift.tt/lRG9LhQ
Markel has appointed Charlotte Harrison to the role of head of UK regional broker development. from Insurer - insuranceage.co.uk https://ift.tt/PKtDvXV
As we count down to Insurance Age’s Broker Week, we asked our Broker Expo speakers to share some insights into the event, market issues and who are the most heavy metal people in insurance. Today, we focus on Neil Peters, VP, national director, branch network at Arch Insurance. from Insurer - insuranceage.co.uk https://ift.tt/Rj6eXCs
A year on from the NIG acquisition being announced, Laura Fox, distribution development manager at RSA spoke to Insurance Age content director Jonathan Swift about the integration process. from Insurer - insuranceage.co.uk https://ift.tt/USs8GkF
Specialist ancillary insurance providers Addept Insurance Services and All Broker Services have teamed up in a product distribution partnership. from Insurer - insuranceage.co.uk https://ift.tt/MXl6mFx
Markel has added legal expenses cover as standard to its professional indemnity combined product in a move it stated was in response to broker feedback. from Insurer - insuranceage.co.uk https://ift.tt/wfOT3Vy
Looking to challenge the status quo when it comes to insuring waste and recycling businesses, underwriting director Stuart Kinsella explains why having no referral parameters and deep expertise in the sector means Criterion is well positioned to make its mark - and expand into other markets. from Insurer - insuranceage.co.uk https://ift.tt/tdaQurx
Axa UK & Ireland has appointed Rahul Gumber as chief risk officer, subject to regulatory approval. from Insurer - insuranceage.co.uk https://ift.tt/H5vqsCi
Allianz UK has reported a “marked increase” in fake or cloned businesses claims coming through in the first half of the year as it also highlighted strong collaboration with brokers has further heightened fraud awareness and detection. from Insurer - insuranceage.co.uk https://ift.tt/Z5SyTo0
Commercial Express has launched a tattoo and body piercing product, giving brokers access to a customisable package product. from Insurer - insuranceage.co.uk https://ift.tt/goELeUT
A year ago, RSA reached an agreement with Direct Line Group to acquire its brokered commercial lines operations, including NIG and FarmWeb. David Enoch, distribution and proposition director at the insurer, gives an update on the progress since then. from Insurer - insuranceage.co.uk https://ift.tt/h8LxRUf
Tokio Marine HCC has launched a malicious cyber event extension to its cancellation product available through its Lloyd’s syndicate and HCC International Insurance. from Insurer - insuranceage.co.uk https://ift.tt/BFOKGTm
The Clear Group has made its fourth managing general agent acquisition, snapping up Accelerate Underwriting. from Insurer - insuranceage.co.uk https://ift.tt/AprSBI7
Aviva has put brokers on alert to get involved in The Aviva Broker Community Fund Awards when applications open next week. from Insurer - insuranceage.co.uk https://ift.tt/BsWab9l
The smallest index movement since Q2 2021 suggests the commercial lines market is starting to become more competitive again, as Ida Axling reports. from Insurer - insuranceage.co.uk https://ift.tt/CrwiZsW
Fortegra Europe Insurance has partnered with Alps for the distribution of Guaranteed Asset Protection insurance. from Insurer - insuranceage.co.uk https://ift.tt/E2LNJtl
Arkel has secured an additional £25m delegated authority binder with Axis for landlords’ let property. from Insurer - insuranceage.co.uk https://ift.tt/2LCFVhf
Rising Edge has signed an agreement to acquire AMANIKI GmbH enabling the MGA to launch a suite of transactional liability insurance products. from Insurer - insuranceage.co.uk https://ift.tt/Za48HMA