Insurance Brokers

GRP Results Show Strong Growth, More to Come in 2020

GRP Group continues to expand and had a very busy 2019, with 18 business acquisitions, operating profit up 173%, plus £800m in gross written premiums over the year. “GRP has again enjoyed an excellent year […]

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 […]

Insurance Brokers

Broker News: Brightside Posts Financials, Digital Transformation Well Underway

Brightside Insurance Services Ltd [‘BISL’] EBITDA climbed by over £3.15m to £4.81m (2017: £1.67m), with GWP up to £106m, according to 2018 accounts to be submitted to Companies House. Income (not including IQED) was up […]

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 […]

Legal

Legal Expenses: ARAG Posts Healthy Results, with GWP Up 8.6 Percent

Leading legal expenses insurance and assistance provider ARAG has reported double-digit growth in its before-the-event (BTE) business and a ninth year in profit, despite the challenging market conditions that still exist in the after-the-event (ATE) […]

Insurance & Reinsurance

TT Club Results – Doing a Bit Better Than That Woodford Bloke

TT Club, the leading international transport and logistics insurance provider, today announces its financial results for the year ended 31 December 2018, and A.M. Best affirms its A- (Excellent) rating Highlights: ·         $195.0 million gross earned premiums […]

Conference report

BIBA Hackathon 2019: Grey Team Take the Title This Year

Winners of the BIBA Hackathon this year were the Grey team, who took up the challenge of fine-tuning the data flow between insurer and broker. Now that communication channel should be easy street in theory, […]

Insurance Brokers

Broker Update: Record Revenues for Lycetts, IT Investments & 26 Hires

Lycetts Holdings Ltd has shrugged off subdued economic growth and Brexit uncertainty to post record revenues thanks to “exceptional levels of client service” and a commitment to the “recruitment, training and development of staff”. The […]