Opinion

Hastings Profit Drop Highlights Car & Motorbike Insurance Transformation

Disclaimer: Your IE editor was once a happy Hastings customer, with a Triumph motorcycle covered at a fair price, via a call centre chat once a year. That was over a decade ago however, and […]

News

Allianz Looks Back on 2019: GWP Up 9%, LV= Takeover & More

2019 was a historic year for Allianz with the completion of the purchase of the general insurance businesses of LV= and Legal and General. This positions Allianz Holdings as the second largest general insurer in […]

InsureTech

Start-Ups: Luko Raises E20m As It Seeks To Streamline Home Insurance

Luko, the Paris-based home insurance startup, announced today that it has raised a €20 million Series A led by the VC firm Accel, with participation from Founders Fund and Speedinvest. The fresh capital will be […]

Legal

Minster Law Results: Profits Rise 5% as More Admin Becomes Automated

Minster Law has reported a £1.9m profit for 2018 (2017: -£2.6M) on turnover of £35.1m (2017: £36.0m) in its annual report and accounts. CEO Shirley Woolham said the result was a “tremendous achievement in tough […]

Opinion

Opinion: Will GDPR Will Make Life Easier For Insurance Fraudsters?

The latest from the Editor’s keyboard, on the law of unintended consequences after the introduction of GDPR. The recent announcement by the Irish government that a proposed database of insurance claimants is shelved is another […]

News

Insurance Business: Latest Allianz Results & Update on LV= Transfer

The second quarter of 2019 saw the announcement of Allianz’s proposed acquisition of both Legal & General Insurance and the remaining 51% of LV= General Insurance Group. When these transactions complete at the end of […]

News

Abu Dhabi’s Luxinva Buys 30% Stake in D&G Warranty Insurer

The latest news from D&G, one of the big names in domestic appliance repair & servicing plans in the UK market. Domestic & General (“D&G”), the leading appliance care specialist, is pleased to announce that […]

UK Insurance Trends

Motor Insurance Sector Doing OK, Challenges Ahead, Says Ernst & Young

The UK motor insurance market has reported impressive underwriting profits for the second consecutive year, according to EY’s Annual UK Motor Insurance Results. The Net Combined Ratio (NCR) for 2018 was 94.8%, the best result for 33 […]