Both the Financial Conduct Authority and Financial Ombudsman Service have recently highlighted issues around insurers and managing general agents outsourcing claims to third party administrators. Siân Barton examines whether brokers hold similar concerns – and what trends they are seeing in terms of level of service in the current market. Claims and claims service can … Read more
Former CEO of Esure Peter Graham has been appointed as non-executive chairman (designate) of Markerstudy Insurance Services. Graham, pictured, was project manager at Direct Line from 1993 to 1996, before working at two further venture set up by its founder Peter Wood, namely US joint venture Response Insurance and Esure, where he was CEO from … Read more
A man who sold invalid insurance policies and tried to take out car insurance for himself by covering up his driving offences and using a fake no-claims discount certificate has been sentenced to two years in prison, suspended for two years. Mohamed Choudhary, 33, was sentenced at Inner London Crown Court on 13 September 2024. … Read more
Broker Insights hones in on £6bn – Insurance Age End of drawer navigation content Skip to main content Broker Insights has confirmed that brokers have uploaded £5.5bn of gross written premium to its Vision platform as it tracks towards hitting £6bn by the end of the year. The data and distribution platform, set up six … Read more
Managing general agent Spring Insure has secured A-rated capacity from Bridgehaven Specialty UK to sit alongside its existing backers as it targets expansion. The financial and professional lines MGA is aiming for a 50% uplift in annual premium written across the business in the first year of the relationship. Last year Spring CEO Tristan Sargeaunt … Read more