Personal Lines related articles – Page 184
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Highway interims boosted by strong investment returns
Profits rise 60% despite underwriting loss
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News
Allianz claims switch puts 37 jobs at risk
?Allianz will soon be consolidating its claims divisions in a move that could cut up to 37 jobs.The company is reorgan-ising its claims divisions based on specialisation and will be closing its Leeds and Glasgow offices.Commercial property claims will handled in Birmingham, with motor and personal injury claims looked after ...
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News
RBS to allow brand on aggregator site
At least one of Royal Bank of Scotland’s (RBS) insurance brands is expected to appear on Tesco’s forthcoming aggregator site. The move by RBS to allow an insurance brand to participate in a price comparison site would represent a U-turn by the banking giant, which has taken an anti-aggregator stance. ...
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News
Groupama beats broker bidders to buy Lark Group
Groupama has beaten off broker competitors to buy a majority stake in top 50 broker Lark Group for what is believed to be in the region of £47m.The acquisition, which was predicted by Insurance Times in July, follows the purchase of a 60% stake in Bollington Group. Lark, which is ...
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News
Protectagroup buys Hodge
?Protectagroup has taken a significant step toward its £25m brokerage target by the end of next year with the acquisition of Hodge Insurance Brokers.Hodge has a brokerage of £1.86m and controls £9m in premium, and is the first of three major acquisitions planned by Protectagroup. Protectagroup chief executive, Paul Ragan, ...
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News
Admiral profit soars as premiums grow 10%
Admiral has announced record profit growth over the first six months of this year, fuelled by the success of its non-underwriting businesses, including aggregator Confused.com. Profit before tax rose by 26% year on year to £86.3m, while group turnover grew by 16% from £359.2m to £417.8m. Total premiums grew by ...
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News
Homeserve pulls D&G buy-out
?Homeserve said this week it had pulled out of talks to buy specialist warranty and elect-rical appliance insurer Dom-estic & General Group (D&G). Meanwhile, D&G confirmed that it was in discussions with other potential bidders saying it was “confident that sig-nificant value can be realised for shareholders through a premium ...
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Proctectagroup acquires Hodge Insurance Brokers
General insurance subsidiary of Julian Hodge Bank adds £9m premium
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Online onlyGroupama acquires majority stake in Lark Group
£75m of premium to come under Insurer's control
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Expected motor premium hike to reflect true cost of cover
Low-cost motor rates not sustainable, says Onlyinsurance
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Comments/LettersPiling in to sell it cheap
John Jackson says aggregator sites won’t appeal to discerning insurance buyers
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News Analysis
M&A on the brink
With industry experts predicting that the mergers and acquisitions frenzy is nearing an end, Sarah Kennedy says the remaining independent brokers are being hunted down
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FeaturesThe game of the name
Considerable effort is spent on naming and branding insurance companies, but does it matter? Chris Wheal explains
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C-ZoneDeparting income
Mark Hall says some travel companies will face a bleak future when the FSA starts regulating their insurance sales, but there are options
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News
Equity buys RF Hobson to grow Staffs presence
?Equity Insurance has completed its third acquisition in eight weeks with the purchase of broker RF Hobson.Based in Lichfield, RF?Hobson specialises in commercial lines, part-icularly, fleet, agriculture and professional indemnity. It has a GWP in excess of £2m.The acquisition brings Equity to 80 branches in the UK, and a step ...
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Online onlyFool.co.uk selects comparethemarket for motor insurance
Search engine to provide over 300 quotes for car and van covers
