Articles by Ida Axling
News analysis: What will the ‘new normal’ look like?
The coronavirus crisis has had a profound effect on the way people work. Insurance Age finds out how brokers think the insurance industry will operate once the lockdown has ended
Aon to repay 20% pay cuts
Broker backtracks after 70% of employees were forced to take reductions in pay due to the coronavirus crisis.
Gefion enters liquidation after it loses insurance license
The troubled Danish provider says it is "disappointed" after Danish regulator refuses three-month extension to its recovery period forcing it into run-off.
GRP moves into health insurance sector with new deal
Towcester-based broker Premier Choice Healthcare becomes consolidator's healthcare hub.
Car premiums fall in Q2 amid Covid-19 lockdown
Consumer Intelligence says average motor premiums fell by 1.4% in the last three months, most likely as a result of fewer people driving during the pandemic.
MGAA names ex-One Commercial boss Mike Keating as new MD
Keating will take over from outgoing MD Peter Staddon in September.
Insurers accused of ‘dragging feet’ as extra FCA BI September trial dates mooted
The eight insurers involved in the case are still on the hunt for their own expert evidence as a second trial in September is looking increasingly likely.
Action Groups get go-ahead to intervene in FCA BI test case
Groups formed against Hiscox and QBE will “closely liaise” with the FCA but are not permitted to increase the scope of the test case.
Marsh reveals sport, entertainment and media industry group
Group launched in response to Covid-19 impact on SEM sector and will be led by Richard Tolley, deputy leader, global sports and events.
Insurers lock horns with FCA in BI test case defences
Brokers brought into fray as providers file a variety of defences including proximate cause and the ‘Sweden defence’ in the landmark case to determine the validity of BI claims arising from the coronavirus pandemic.
Acturis reports revenue rise in 2019
Software house has also seen a dip in operating profit as results reveal it paid £10.8m for Canadian business Zycomp Systems last July.
Lord Hunt takes GRP main board role
Move follows Searchlight's purchase of a majority stake in GRP, which saw a number of management changes.
Beazley launches cancellation cover for virtual events
Provider predicts virtual events will continue after Covid-19 lockdown eases.
Euler Hermes hires new RICC director for UK and Ireland
Andrew Hodson moves across from the Allianz-owned insurer's Paris office.
TL Dallas reveals growth plans
Broker's MD Polly Staveley and commercial MD Tim Mortimer discuss modernising the business, acquiring specialist teams and how the firm has been impacted by the coronavirus.
Ardonagh buys Broker Network-owner Bravo Group
The consolidator announces $500m notes offering and flags £1.6bn equity valuation as it brings the network, along with Ethos Broking and Compass, back into the fold.
NMU unveils new cargo product
Insurer says new offering provides enhanced levels of cover and a simplified claims process for the lower value losses.
Ex RSA Ireland CFO O'Connor fined €70,000 and banned for 8 years
Action follows the provider's failure to maintain sufficient technical reserves between February 2010 and September 2013.
Castle Insurance Services set to make more deals
MD Paul Younger chats about the broker's acquisition strategy and details how the business has been impacted by Covid-19.
Covid-19: PRA warns of potential "significant impact" on insurers from BI dispute
But the regulator also describes the sector as resilient and robust in a letter to general insurance CEOs.
Lloyd's and RSA apologise for slave trade links
Lloyd's pledges support for BAME communities as it condemns "appalling and shameful" part of its history.
GRP to close "a number of deals" within weeks
Group CEO Mike Bruce on the Searchlight deal, expansion plans and how the firm's M&A activity is "gaining momentum".
PIB culls top brands in its commercial specialty businesses
Move sees brokers including Cooke & Mason, DE Ford, Franklands, Lorica, Wilby and Cobra Insurance Brokers unite under the PIB Insurance Brokers brand.
Axa XL boosts UK broker management team
Michael Clarke joins the business from Willis Towers Watson and Robyn Warke moves across from Generali.