Admiral
Admiral calls for fixed IPT levy to level playing field
Admiral has called for a fixed insurance premium tax levy, saying the way the tax is currently collected punishes those who can least afford it.
Higher reserve releases drive 6% increase in Admiral motor profits
Admiral CEO Henry Engelhardt has branded the opening six months of 2015 “a good start to a challenging year” after the insurer delivered a 1% increase in group pre-tax profit to £186.1m (H1 2014: £184.9m).
Insurers sticking by Autoglass in wake of consumer criticism
Insurers that maintain commercial partnerships with Autoglass have vowed to work alongside the embattled windscreen repairer to address criticism of the firm’s service levels following its decision to scrap its branch network.
Ex-Admiral employee guilty of trying to defraud her former company
A former Admiral member of staff has received a suspended custodial sentence for her part in a personal injury scam involving her ex-employer.
Could Google and Admiral's 'marriage of convenience' shake up US insurance?
Earlier this year I wrote a blog about Admiral’s high profile tie up with Google in the US.
Editor's comment: The right way to succeed
There comes a time when every CEO hangs up their hat and goes to spend more time in the garden or with family – but recent market developments have led to much debate over the right way and the wrong way to do this.
Changes at LV and Admiral fail to mask issue of succession planning
Succession planning and the promotion of internal talent remain key issues for the industry to address, according to analysts, who have played down the significance of recent leaderships announcements at Admiral and LV.
Admiral CEO Engelhardt to be replaced by COO
Admiral Group CEO Henry Engelhardt has signalled his intention to step down from his role in twelve months-time.
From Croydon to Berlin: The geography of insurance disruption
There is constant talk of disruption and digital innovation in the personal lines insurance market, but when it comes to concrete facts about where it's coming from, all we have is – often wild - speculation.
BGL founder Steyn ahead of Engelhardt and Wood in rich list
BGL founder Douw Steyn is the richest individual in the world of insurance after accumulating a fortune of £700m, according to the 2015 Sunday Times rich list.
Esure tipped to wrestle market share from rivals once rates rise
Esure can win customers from “less efficient UK motor insurers” once motor pricing picks up, according to a report by Berenberg, which has backed the insurer's long-term prospects.
Blog: What does Google's US insurance move mean for Admiral and UK market
Ever since Beat that Quote was acquired by Google there has been ongoing speculation about what the move would mean for the UK insurance space.
Admiral posts reduced profit for first time since float
Admiral Group posted a profit of £357m for 2014, the first fall in profit since its stock market flotation in 2004.
ABSs highlighted as claims upsurge threat as CMC numbers dwindle
The rapid demise of claims management companies and the subsequent reduction in bodily injury claims is in danger of being offset by the future strategy of insurance companies with alternative business structures, according to market observers.
Smaller motor players facing market exit amid intense competition
Cut-throat competition and meagre rate rises in the motor market could force smaller players to plot an exit, according to industry analysts, as “brinkmanship” continues among certain insurers over potential price increases.
Admiral seeks more than 250 new recruits
Admiral is recruiting for more than 250 jobs across its contact centres, IT department and law firms.
Prudential finance director James joins Admiral board
Admiral has appointed Prudential's finance director Penny James as a non-executive director.
Penny Black: The Ghost of Christmases Past
Lady-about-town Penny Black has been publishing her insurance industry gossip and insider news and views in three centuries - so she's seen a fair few insurance Christmases, some bawdier than others, and all of them fuelled by the finest G&Ts the…
Personal injury claims on the up in motor as hearing loss claims rise too
Analysts predicting full year squeeze on profitability after Q3 results
Admiral Q3 turnover drops despite 10% increase in customer numbers
Admiral has seen group turnover decrease 3% to £513m in spite of a 10% increase in the insurer’s total number of customers, which reached 4.03m in Q3.
Admiral signs data warehouse deal with Teradata to support transformation programme
Insurer Admiral has signed a deal with big data analytics and marketing applications specialist Teradata to support its business transformation programme.
Reserve releases aid insurers in posting first profit since 2006
The UK property and casualty sector is set to post a profit for the first time since 2006, with the average combined operating ratio expected to be around 96.5% for 2013, according to Moody’s.
Telematics M&As tipped to hit peak as Admiral mulls Insure the Box purchase
Rumoured deal follows those involving Wunelli and Ingenie in recent months.
Analysts criticise insurers’ use of reserve releases for distorting H1 results picture
Admiral boss Engelhardt calls focus on reserves in financial reporting ‘bizarre’