Insurance Age – Intelligence for the insurance broker community
FCA bans broker and issues £1.1m fine for misusing insurer funds. Leigh Mackey, formerly sole director of closed broker Inspire Insurance Services, has been banned by the Financial Conduct Authority and fined £1.1m after using insurer funds to support the firm’s operating costs and pay for personal living expenses. By Emmanuel Kenning.
Data and Rankings news and analysis articles - Insurance Age
Mar 7, 2024 · EY: 2022 was worst year on record for UK home insurer profitability. The UK home insurance market faced the worst performing year on record in 2022 with a loss-making net combined ratio of 122%, according to EY’s annual UK …
Top 75 UK Brokers - Insurance Age
Oct 19, 2022 · Top 75 UK Brokers - Insurance Age. The Insurance Age Top 75 is an essential guide to the top brokers in the commercial and personal space and lists organisations in bandings relating to their GWP. It is updated annually and calculated via submissions from participants and features rankings, a directory and analysis from experts.
Top 100 UK Brokers 2023 - Insurance Age
Top 100 UK Brokers 2023: Directory – £7.5m – £10m. Academy Insurance Services – A-One Insurance Group – Bedford Insurance Services Group – Berkeley Insurance Group (Maxted Capital) – CSP – Flint Insurance Group – McGill and Partners – Movo Insurance Brokers – One Broker – Premium Choice – TH March Group – Verex Group ...
Home insurance prices jump 40% in a year - Insurance Age
Mar 6, 2024 · The average quoted price of home insurance increased by 40.6% in the 12 months to January – the highest annual increase since Consumer Intelligence began tracking prices in 2014. The latest Consumer Intelligence Home Insurance Price Index showed the rise in quoted premiums beat the previous record-high increases set in the two previous ...
The Insurance Age Top 100 2021
Nov 11, 2021 · Our Top 100 Independent Brokers Supplement is now available to view online. The annual Insurance Age Top 100 Independent Brokers Supplement, which lists the top commercial brokers in the UK, has been published for 2021.. In addition to our broker rankings, the listing also features an expert analysis of how the market has changed since last year, …
Insurer news and analysis articles - Insurance Age
GI complaints to FOS drop as workload soars in first half of 2024. While the Financial Ombudsman Service’s workload surged upwards by 43% in the first half of the year, the number of general insurance and pure protection complaints fell by 8% compared to the start of 2023, new figures have revealed. 24 Oct 2024.
Broker news and analysis articles - Insurance Age
Konsileo continues to scale as revenue jumps 75% to £7m in 2023. Top 100 insurance broker Konsileo’s parent company has reported a loss of £3.06m (2022: £1.73m loss) for the financial year ending 31 December 2023 on higher turnover of £7.05m (2022: £4.02m). 22 Oct 2024.
United Kingdom (UK) news and analysis articles - Insurance Age
3 days ago · Insight; FCA bans broker and issues £1.1m fine for misusing insurer funds. Leigh Mackey, formerly sole director of closed broker Inspire Insurance Services, has been banned by the Financial Conduct Authority and fined £1.1m after using insurer funds to support the firm’s operating costs and pay for personal living expenses.
Top 75 UK Brokers: Analysis - Insurance Age
Oct 19, 2022 · Zurich UK has reported a 9% rise in property and casualty gross written premiums to £3.72bn for 2023. According to research by WTW and Confused, car insurance premiums have soared to a record high with a 58% rise in 2023. Research by Ecclesiastical has found 90% of heritage clients experienced a crime in the past 12 months with graffiti and ...