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.
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 ...
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 ...
United Kingdom (UK) news and analysis articles - Insurance Age
5 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 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 ...
News articles on risk management, derivatives and ...
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. 11 Nov 2024.
RBC warns of potential £250m premium finance hit to Close Brothers
Nov 8, 2024 · If a recent court ruling on motor finance litigation is upheld and spreads to premium finance Close Brothers could suffer a £250m hit, equity analysts RBC Capital Markets have warned. The initial estimate of Close Brothers’ potential liability in the event of a “bad outcome,” which the experts acknowledged was the “downside scenario ...
Aviva UK general insurance GWP soars by 18%
2 days ago · Aviva UK has reported an 18% rise in general insurance gross written premiums to £5.7bn over the first nine months of 2024. In its third quarter trading update, Aviva saw 26% growth in personal lines GWP (to £2.71bn) and an 11% increase in commercial lines GWP (to £2.65bn) in the UK compared to the same period in the previous year.
About us - Insurance Age
About Insurance Age The Magazine Insurance Age is the magazine of the broking community with a strong regional focus. With a circulation of over 22,000, approximately 85% of our readers are brokers. Insurance Age delivers in-depth news analysis and features, interviews, round tables, all the product launches and news in the market as well as keeping readers up to date on the management skills ...
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 …