Saga
When should older drivers hang up their keys?
Older drivers are a growing market, whose risk is difficult to assess.
Top 50 UK Brokers Listing 2016 - one to 10
Post details the top 10 firms' headquarters, staff and major acquisitions
Markerstudy meets Gibraltar regulator over Brexit concerns
Markerstudy has met with the Gibraltar Financial Services Commission to discuss the implications of a Brexit.
Admiral boss Engelhardt and ex-Saga De Haan brothers top rich list for insurers
The Sunday Times' Rich List has placed departing Admiral CEO Henry Engelhardt at 164 in its annual rankings, equal to BGL founder Douw Steyn but behind the De Haan brothers, Sir Roger and Peter.
Saga sees improving motor COR and profit growth
The over-50s specialist insurer and service provider Saga has announced an improved combined operating ratio in its motor book of 74.4% (2015: 77.9%) in the year to January 2016.
Saga partners with New Re to 'reduce exposure' underwriting risk
Saga has signed a quota share agreement to cover 75% of the motor policies risks of its in-house underwriter AICL from 1 February.
Advertising costs and competition major deterrents to insurers entering aggregator space
Sky-rocketing advertising costs and an already competitive market have been cited as potential deterrents for any insurers considering entering the aggregator space after an Accenture report estimated 83% of UK firms were contemplating such a move.
Director of Content’s Comment: Is the timing for listing right?
The news that BGL is looking at a prospective initial public offering has raised a number of questions.
Parabis woes highlight importance of finding right ABS partner
The importance of insurers finding the right legal partner to enter into alternative business structure arrangements with has been highlighted by experts, after four such entities recently either changed partners or entered into run-off.
Acromas offloads tax losses to Saga for £7.65m
Over-50s insurer Saga is to acquire tax losses from Acromas SPC Co and Acromas Mid Co - a 31.5% shareholder in Saga, worth £15.3m, according to a Saga trading statement.
Ex-RSA UK CEO McIntyre takes on NED role at Saga
Saga has appointed former RSA UK CEO Bridget McIntyre as an independent non-executive director with effect from 1 January 2016.
CMA private healthcare inquiry expected to rumble on despite positive findings
Health insurers are supporting the latest Competition and Markets Authority provisional findings released following an appeal of its final report into the private healthcare market, despite concerns the inquiry could rumble on for several more years.
Insurance results drives Saga performance
The motor and home insurance businesses at Saga have contributed to a strong groupwide performance in the six-month period ending 31 July 2015.
Hastings IPO tipped to benefit from recent M&A activity
The timing of Hastings Insurance Group’s initial public offering could attract investors with surplus cash following the recent spate of insurance mergers and acquisitions, according to industry analysts.
Saga Services
Rank: 9
Trust In Insurance: Blog: Satisfaction is what you need
The first in a new regular blog series from Post’s Trust In Insurance Taskforce.
Saga completes Bennetts acquisition
Over 50s insurance specialist Saga has completed the acquisition of motorcycle insurer Bennetts for £26.26m in cash.
Saga sees full-year motor COR improve to 77.9%
Saga has reported a 10.5 percentage point improvement in its motor underwriting combined operating ratio to 77.9%, for the year ended 31 January 2015.
Saga seals Biba membership
Saga has signed up to be a member of the British Insurance Brokers' Association.
Bennetts will be run as 'standalone business' says Saga Services CEO
Motorcycle broker Bennetts, which agreed to be acquired by over 50s insurer Saga yesterday (29 January) will be largely run as a standalone business according to Roger Ramsden chief executive of Saga Services.
Saga shares climb 11% on Bennetts announcement
Over-50s specialist Saga has seen its share price surge by more than 10% in a day’s trading following an announcement that it would pay £26.26m to acquire motorbike broker Bennetts.
Saga buys Bennetts in £26.26m cash deal
Saga is to pay £26.26m in cash to BGL Group to buy specialist broker Bennetts, in a deal that will grow the over-50s insurer's existing motorbike customer base more than ten-fold.
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.
Saga launching motor panel to expand customer base
Saga has created a new panel of motor insurers to build out its client base, while also plotting to double takings from its travel business.