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Aggregators eating into SME business – GlobalData

Research shows brokers are adapting to digital changes.




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Insurance complaints to Financial Ombudsman hold steady in 2017/18

But organisation warns over loyalty and telematics complaints.




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Car premiums continue to drop in Q3 2018 according to AA

Customers benefiting from 10% yearly fall.




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Home insurance premiums continue to creep up in Q4 2018

Analysis by The AA reveals quarterly and yearly increases.




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Cost of motor insurance falls again

Survey by ABI reveals average motor insurance premiums dropped for the fourth quarter in a row.




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Rise in motor insurance prices last quarter

Data gathered by the ABI finds repair costs climb to £1.2bn in Q1 2019, the highest since the ABI started the survey.




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Top 100 Independent Brokers: Do you qualify?

Contact Insurance Age to check whether your firm is eligible and be part of the wide-ranging market analysis.




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The 2019 Top 50 Personal Lines Brokers is now available

Insurance Age has published the results of its annual study into the top 50 brokers in the personal lines market.




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Quizzical questions: 11 October 2019

Test your knowledge of the week's news with our topical quiz.




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Motor premiums may ‘reach the highest on record’

Willis Towers Watson and Confused warn of future increases as they publish data for Q4 2019.




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Motor premiums rise 2.8% in Q1

Consumer Intelligence warned that telematics restrictions following coronavirus may hit youngest drivers hardest.




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Broking success: Richard Hames, M&DH Insurance Services' managing director

Building a broker: M&DH Insurance Services’ managing director Richard Hames tells Insurance Age why the construction and manufacturing specialist is focused on growth and how the broker is overcoming the current challenging market.




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Phil Barton and Stuart Reid launch broker

The venture, which is a combination of five existing brokers - MRIB and Independents, La Playa, CGI and Versatile - is led by former Jelf boss Barton, with Chris Jelf as commercial director.




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Commercial director Euros Jones leaves LV

Move comes after LV completes the transfer of its commercial lines business to Allianz.




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Partners& shoots into Top 100 with £65m GWP

Phil Barton, alongside Stuart Reid and Chris Jelf, has formed the broker from MRIB and Independents, La Playa, CGI and Versatile, with initial £25m investment from Capital Z.




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Blog: When is a consolidator, not a consolidator? The question Barton, Jelf and Reid’s Partners& hopes to answer

This week saw the launch of new broking business Partners&, bringing together a quintet of players to form a business which is positioning itself as distinctly anti-consolidator. Insurance Age content director Jonathan Swift looks at what this means; and the challenges it faces to maintain its self-proclaimed USPs as it grows.




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Covid-19: Broker M&A numbers predicted to drop

But the consolidators say their models have not changed as a result of the coronavirus.




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Insurance Covid-Cast - episode two: What are insurtechs doing to rebalance the bad publicity around insurance and Covid-19?

In the second of a new series of video casts brought to you by Insurance Age and Insurance Post while our journalists are in isolation lockdown we discuss how insurtechs are seeking to create positive customer stories to redress the negative media coverage.




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Government calls on Amanda Blanc to lead flood inquiry

Blanc will head up a review following the Doncaster 2019 flooding to learn why victims did not have the right cover.




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Blog: What next for commercial motor?

Steve Green of Anthony Jones Insurance Brokers considers the future for the sector as the Covid-19 pandemic bites.




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Covid-19: FCA calls on insurers to pay valid claims quickly

Regulator tells firms who refuse to pay out to explain why and how they believe it represents a fair outcome for customers.




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Lloyd’s pulls together BI data for PRA – reports

The marketplace has been asked to collate insurer BI cover information for the regulator.




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Covid-19: MP calls for insurers to make full pay outs due to pandemic

Jonathan Edwards has signed an early day motion calling on the government to instruct all insurers to use dividends to pay Covid-19 claims.




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Insurance Covid-Cast - episode four: How insurance companies are rising up to help communities and keep society open during the Coronavirus crisis

In the latest episode of Insurance Post and Insurance Age’s new series of video casts brought to you while our journalists are in isolation lockdown we discuss how insurance companies are seeking to make a difference within local communities during lockdown.




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Covid-19: Litigation against brokers and insurers set to increase amid BI row

The market has been criticised for its response to the coronavirus crisis, particularly with regard to business interruption as providers "look down the barrel' of class action.




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Hiscox Action Group appoints big-hitting legal firm to represent members in BI row

The group of companies criticising Hiscox for refusing to pay out BI claims as a result of the coronavirus says it is also in "advanced talks" with a litigation funder to underwrite its entire legal costs as dispute hots up.




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Insurance Covid-Cast - episode five: Could the FOS be key to help bring clarity and nix growing number of SME BI complaints

In the latest episode of Insurance Post and Insurance Age’s new series of video casts brought to you while our journalists are in isolation lockdown we discuss the ongoing confusion around business interruption cover, and what is needed to bring some clarity to the situation




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Covid-19: Treasury Committee tells insurers to be clear and fair

Mel Stride MP states firms are continuously facing difficulties in making successful coronavirus-related claims as the ABI says insurers are expected to pay out a total of £1.2bn.




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Insurance Covid-Cast - episode six: From panic to practicalities, what will BI insurance look like when the Covid-19 recriminations settle down

In the latest episode of Insurance Post and Insurance Age’s new series of video casts brought to you while our journalists are in isolation lockdown we discuss how the insurance industry let the narrative over business interruption become national headlines for the wrong reasons.




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Covid-19: Broker calls on Chancellor to release Pool Re funds for BI claims

NDML is asking for some of Pool Re’s £6.6bn cash to be used to help businesses in the leisure and hospitality sector which have been hit by coronavirus.




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Insurance Covid-Cast episode eight: What is the insurance supply chain doing to keep the sector moving during the Covid-19 lockdown?

In the latest episode of Insurance Post and Insurance Age’s new series of video casts brought to you while our journalists are in isolation lockdown we brought together a diverse group of businesses to discuss how the supply chain has forged deeper strategic – and personal - relationships with partners over the last six weeks.




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Customer loyalty programme launches for brokers

Proposition from Stubben Edge will enable brokers to offer customers loyalty rewards and has partners including Halfords and Vision Express.




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Experts urge pet providers to turn to social media

A GlobalData report suggested that engaging with pet influencers on Instagram and Facebook could benefit insurers and brokers.




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Cuvva's pay-monthly product aims to cut out brokers and aggregators

InsurTech Futures: Start-up has also raised £15m, with Lloyd's of London chairman Bruce Carnegie-Brown and JLT CEO Dominic Burke among the backers.




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Uinsure adds UK General to panel

The provider also works with LV, Axa, Ageas and RSA.




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Hiscox adds extensions to technology cover

Provider now covers intellectual property infringement and pre-claims assistance, as well as unlimited business interruption for firms up to £2m.




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Applied adds Geo Underwriting to personal lines panel

Geo Underwriting’s FlexiLet home product will be available via Applied TAM and Applied Epic.




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Uinsure expands into non-standard home insurance

The InsurTech firm now provides quotes for categories including holiday homes, non-standard construction, listed buildings and homes subjected to previous subsidence and flooding.




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Bicycle broker Laka to expand its product range

CEO and co-founder, Tobias Taupitz, discusses the start-up's expansion plans, its "coup" to have Amanda Blanc join its board, and why he believes Laka's pooled payment calculation model should be used across the industry.




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Gallagher to offer CPP’s SME cyber cover

Product will be sold exclusively through Acturis, following CPP’s launch on the platform in October 2019.




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Acturis adds Ageas home product to platform

Personal lines product, House Guard, is now available to users of the software house.




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Insurance Covid-Cast - episode three: Is motor insurance at a tipping point in light of the coronavirus lockdown

In the third of a new series of video casts brought to you by Insurance Post and Insurance Age while our journalists are in isolation lockdown we discuss whether UK motor insurers are being unfair in not rebating premium or offering more flexible options for policyholders when they are not driving as much during the Covid-19 outbreak.




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Insurance Age Digital Edition: May - Adapting to change

The May issue of Insurance Age is available via digital platforms only due to Covid-19.




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Uinsure adds Zurich to its panel of insurers

The provider also works with Axa, Ageas, LV Broker, RSA and UK General.




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Newsline Special: Procurement Policy Note Supplier relief due to COVID19

Cabinet Office have issued a Procurement Policy Note today 23 March setting out information and guidance for public bodies on payment of their suppliers to ensure service continuity during and after the current coronavirus, COVID19, outbreak. It states that contracting authorities must act now to ensure suppliers at risk are in a position to resume normal contract delivery once the outbreak is over.




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An update from CPT Chief Executive, Graham Vidler: Covid19: Financial support for local bus operators

Dear member,nbsp;Please find belownbsp;a letter sent to me last night by Secretary of State for Transport, Grant Shapps.




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Home to school transport payments: Update from DfT

Dear member, Please find below a letter sent to me last night 25 March by Secretary of State for Transport, Grant Shapps.




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CPT News Release: CPT Cymru calls for further funding to deliver emergency bus network

CPT Cymru, the bus industry representative body in Wales, has highlighted that further funding will be required or bus operators will be unable to deliver an emergency bus network across Wales during the Covid19 outbreak.




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CPT News Release: Almost 400million to keep Englands buses running

Englandrsquo;s buses will continue to serve those who rely on them thanks to a funding boost totalling pound;397m for vital bus operators, Transport Secretary Grant Shapps has announced today 3 April.nbsp;




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CPT News Release: We need you to back Britains coaches says CPT

The Confederation of Passenger Transport CPT is today launching lsquo;Back Britainrsquo;s Coachesrsquo;, a major initiative calling on the Government to provide support for the coach industry during the Covid19 outbreak. nbsp;