Insurance Age – Intelligence for the insurance broker community
Hiscox has revealed 4.5% growth in written premiums to £504.2m for the first nine months of 2024 as it topped over half a million customers. By Emmanuel Kenning. Open GI expands panel with Commercial Express property owners. Managing general agent Commercial Express has joined Open GI’s commercial panel, the software specialists have confirmed.
Changes to Insurance Age
Changes are coming For over 30 years, Insurance Age (IA) has been the main source of intelligence for UK broking professionals. To maintain our award-winning intelligence, we’re adapting our content to meet the changing demands of the market and its practitioners. From November 9, 2021, we will be introducing new features and deep-dive content that will provide readers with even more vital ...
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.
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 …
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 ...
Insurance Age - Insurance Age
Insurance Age is the magazine of the general insurance broking community with a strong regional focus. It has an online circulation of over 25,000 for the daily news alerts and 13,000 subscribers access the monthly edition across print and digital web and app based formats. Insurance Age delivers in-depth news analysis and features, interviews ...
Insurance Age Market Access
For more than 40 years, Insurance Age has been the information source of choice for senior executives, providing in-depth coverage and analysis across every aspect of the UK insurance broking profession.. Combining news, highlights and insights from our comprehensive programme of events, awards, research and thought leadership activity, Market Access is a dynamic and evolving resource focusing ...
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.
Home insurance prices rise a record 36% in a year
Dec 12, 2023 · The average quoted home insurance price increased by 36.1% in a year to October, the highest annual rise on record, according to the latest Consumer Intelligence Home Insurance Price Index. This beat the previous all-time high annual increase of …
Car insurance premiums surge 58% in a year - Insurance Age
Jan 16, 2024 · According to research by WTW and Confused, car insurance premiums have soared to a record high with a 58% rise in 2023. UK motorists now pay on average £995, a £366 increase during the past 12 months. During 2022, comprehensive car insurance premiums increased for motorists by 19%. The Confused Car Insurance Price Index found an average price ...