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Go Compare owner sees profit slip

GoCo Group’s preliminary results suggested operating profit would drop more than 46% amid transformation plan.




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Be Wiser stems losses in 2019 results

Broker posted a loss of £669,000 for 2019 as it projects a return to profitability in 2020 as a result of streamlining and reorganisation.




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Admiral co-founder and CEO to step down

David Stevens will be replaced by Milena Mondini de Focatiis, currently head of UK and European Insurance.




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UK Broker Awards 2020 open for entries

The event, which celebrates the best in UK broking, is now accepting submissions.




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Covid-19: Brokers ban meetings and push remote working

Updated: The largest brokers in the UK revealed measures in place to protect staff and customers from coronavirus.




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LV's underwriting profit falls by 39% in 2019

But CEO Steve Treloar says premiums in the provider's broker business has grown by 24% after Allianz's personal lines business transferred to LV.




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Former Towergate CFO Mark Mugge resurfaces at motor broker

Mugge most recently worked at Ardonagh Group after moving across from Gallagher to Towergate in 2015.




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FCA Schwarzenegger PPI campaign reaches 32m

Watchdog says the two year project led to 6.2m visiting its dedicated PPI website.




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CDL widens self-install telematics product availability

The software house is working with brokers to allow more customers to activate ‘pay how you drive’ insurance amid the Covid-19 lockdown.




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Complete our survey: How has your business been hit by Covid-19?

Survey aims to find out how the industry has changed its working practices, the challenges faced by professionals working remotely and how brokers feel insurers have responded to the pandemic.




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Axa XL searches for new UK CEO as reshuffle sees Paul Greensmith depart

Four senior leaders have left the provider as Axa XL states it is set for global restructure.




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Catlin calls on industry to repair reputation following Covid-19 response

Exclusive: Stephen Catlin slams "unfortunate" lack of sympathy to policyholders in messages from the sector and pushes back at claim that the industry steering group on pandemic response is a PR gimmick.




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Arron Banks and Elizabeth Bilney agree settlement with Electoral Commission

Commission states it accepts the National Crime Agency’s conclusions that it found no evidence that any criminal offences had been committed after it investigated loans totalling £8m provided to the Leave.EU campaign from one of Banks' other companies.




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Blog: Why the government needs to back the insurance industry

Tom Powell shares his idea to help the insurance sector overcome the BI problems




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News analysis: Industry under pressure as backlash over business interruption continues

Legal disputes over coronavirus-related BI claims have put insurers’ responses to the crisis in the spotlight




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LV offers premium refunds of between £20 - £50 to motor customers

The proportional refunds for customers in distress follows Admiral's flat £25 payment but broker customers are not included in the £30m LV has set aside for rebates.




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FCA survey reveals gaps in consumer insurance knowledge and take-up

Regulator publishes findings of its largest research pool with UK consumers.




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Car insurance premiums fall for third quarter in a row

Research reveals prices now lower than a year ago.




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Car premiums dropped in Q1 2018, AA Insurance Index shows

Reduction means insurance costs are now lower than a year ago.




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Home insurance nudges down in first quarter 2018

Average premium for a buildings policy same as beginning of 2011.




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AA reports first rise in car premiums for nearly two years

Figures for Q4 2018 show 2.7% uptick.




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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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Blog: Pandemic - what is covered?

Biba's executive director, Graeme Trudgill, addresses the big question around business interruption and Covid-19.




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ReSolution Underwriting buys Trilogy MGA

MD Chris Blackwell will continue to lead Trilogy as the MGA states it does not expect any changes to the business following the deal.




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Meet the MGA: Bewica

Education, prevention and insurance: Eva Berg-Winters, founder and CEO at Bewica, shares her company’s approach to cyber with Insurance Age




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Covid-19: UK claims will pass £1bn, says Huw Evans

Evans quoted the figure in a letter defending the response of insurers to the pandemic.




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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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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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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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Covéa reveals £22.3m underwriting loss in 2019

Provider also posts increases in GWP and profit after tax as it reports "disappointing" personal motor result impacted by claims inflation and a "lower than anticipated" Ogden rate.




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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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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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Insurance Covid-Cast episode seven: Empathetic, sympathetic and offering strategic guidance – how brokers are managing clients in 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 discuss how brokers maintain their ‘trusted adviser’ status during these difficult time.




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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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Axa XL teams up with Accenture on cyber security services

Provider says partnership will benefit Axa XL brokers and clients.




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Tarian Underwriting unveils cyber platform

Business said the new system will make its specialist cyber cover available to regional brokers.




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Product review: Proper property

Chris Howell, managing director at Seaway Insurance Consultants, reviews U-sure's Residential Property Owners product




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Castel enters construction market with new offering

Sector has recently been troubled by hardening capacity and cover shortages.




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Product review: Management liability made easy

Keeley Theron, commercial manager at SJL Insurance, reviews C-Quence's ML5 Management Liability Insurance product




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Flood forecasting firm Previsico launches nationwide

InsurTech Futures: The firm is looking to partner with commercial and HNW brokers.




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THB agrees Fleet UK partnership with Axa

Axa to underwrite the Fleet UK product from 1 January following Zurich's exit from the scheme.




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Aviva Renewable Energy launches exclusively through UK brokers

Offering is targeting renewable energy companies that operate domestically and abroad.




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Product review: Accessible cyber

Paul Beck, managing director of Direct Insurance Corporate Risks, reviews CPP Secure's Cyber Insurance for SME




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Lorega expands cyber product for homeowners

Product offers 24/7 advice, incident investigation and restoration services in the event of a cyber attack.




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Bewica launches cyber portal for SMEs

New offering is free for Bewica's brokers to use and assesses customers’ susceptibility to the top cyber risks that SMEs face including phishing attacks, password interception and website attacks.




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Keychoice teams up with NIG on commercial vehicle policy

NIG has also added two new products on SSP's commercial e-trading platform.