Results – Page 40
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AgendaFSCS begins compensating LAMP policyholders
Owner of MGA with affected policyholders said he was pleased with the speed at which customers had been paid
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AgendaBroker wins help Acturis to improved results
It’s annual results revealed a record number of new broker and insurer users
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NewsShamed company director banned from running his business after fraud
The shamed businessman has been declared bankrupt after submitting false insurance claims
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NewsGRP acquisition train rolls on with ‘marquee signing’ for County
GRP-owned broker adds another regional string to its bow, bringing in 27 new staff
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AgendaCompetition watchdog urges brokers and insurers to increase the pace of tackling dual pricing
CMA update on dual pricing recommendations finds businesses have not yet done enough to treat loyal customers fairly
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Online onlyDual pricing-hit Saga reveals early success in three-year fixed product
Saga is getting back on track following a profit warning amid the FCA crackdown on dual pricing
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NewsFraudster trio sentenced for crash scheme on pregnant woman
Two siblings and their friend carried out £18k crash for cash scheme where the victim was a pregnant woman
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NewsRob Terry seeking £14.7m as he looks to sue Watchstone
Terry and Watchstone are already in a High Court battle, but Terry says his former employer “made false representations” over an oral indemnity
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Online onlyUK motor insurance scores best underwriting result for 33 years
UK motor market records best ever underwriting year since 1985, but EY warns of anticipated losses to come in 2019 and 2020
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NewsCCTV exposes jailed fraudster in bus crash scam
The fraudster claimed to be severely injured when a bus hit his car… except he wasn’t in it
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Online onlyGefion falls below solvency requirement in latest regulatory filing
The unrated Danish insurer reported a solvency coverage ratio of just 72% in its Solvency and Financial Condition Report for 2018, forcing the executive management team to take action
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NewsTravel payouts at its highest level since 2010
ABI figures show the average medical claim on travel insurance surpassed £1,300 for the first time ever, yet premiums are down
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AgendaAviva splits up UK and plans 1,800 job cuts by 2022
New Aviva chief executive Maurice Tulloch stamps his mark on the business by breaking up the UK GI and Life businesses and starting on a £300m efficiency drive
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NewsBMS agrees investment with private equity and pension funds
Deal values the London market broker at £500m
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NewsBroker CEO to sell majority stake in Sunderland FC
Reports suggest Stewart Donald is to sell at least 54% of shares, just over a year after taking over the League One side
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AgendaAllianz-bound L&G insurance crashes to big loss amid home woes
Ahead of integration with LV= GI, Steve Treloar revealed how much household premium he expects the combined business to be writing by the year end
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Online onlyArdonagh's true value could exceed £2bn
Despite its high debt levels, the insurance broker is riding high thanks to a major boost in cash and confidence from private equity investors
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Online onlyAllianz in double swoop as it buys L&G home and takes full LV= ownership
Allianz to become second largest UK general insurer with L&G and LV deals
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NewsFSCS pays out £6.9m to Alpha taxi policyholders
Any policyholder unhappy with the refund they receive has been told to contact their broker
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NewsCar theft payouts hit seven-year high as it passes £1.2m per day
ABI figures show quarterly payouts for vehicle thefts at its highest number since 2017
