Articles by Ida Axling
Covid-19: FCA seeks broker feedback ahead of BI court action
Regulator issues call for more information as it puts together its High Court test case with the aim to resolve uncertainty for businesses making claims.
Covid-19: Industry welcomes government-backed trade credit reinsurance scheme
Biba CEO Steve White says trade body worked with the government, the ABI and the Confederation of British Industry to find a solution after brokers in the trade credit sector said they found it “extremely difficult” to place new business.
Interview: One hundred years of independence
Darwin Clayton CEO Simon Henderson tells Insurance Age about the broker's 100 year long history, plans for its wholesale division, coping with Covid-19 and insists that the business is not for sale.
Covid-19: FCA confirms measures to help financially strained insurance customers
Move requires firms to consider payment deferrals, premium reductions and waiving cancellation fees.
Lloyd's expects $4.3bn claims hit from Covid-19
Market predicts the pandemic to be one of its largest pay-outs ever and states the estimated underwriting losses covered by the industry as a result of Covid-19 will be around $107bn in 2020.
Covid-19: Dentists seek legal action in fresh BI dispute
The British Dental Association said its members had been “blindsided" after majority of coronavirus-related BI claims were rejected.
Biba extends travel scheme with AllClear
The solution provides cover for customers who struggle to find travel insurance because of pre-existing medical conditions or age.
Covid-19: Biba backs Pandemic Re solution for future pandemics
Executive director Graeme Trudgill urges sector to look at a long-term solution as he highlights that the industry does not have enough money to cover claims arising from the coronavirus crisis.
Covid-19: Are MGAs outperforming insurers in responding to the crisis?
Brokers say pandemic is an opportunity for MGAs to grow their market share as insurers shy away from writing new business.
RSA hires CUO from Ardonagh
Paul Dilley will replace Adrian Sweeney after a handover period.
François-Xavier Boisseau joins ERS' board
Boisseau, who left his role as CEO of insurance at Ageas UK in late 2018, is also a NED at Ecclesiastical and sits on the board of Argo Managing Agency.
The working from home diaries: Barry O'Neill
Insurance Age finds out how Home & Legacy MD Barry O'Neill has adapted to changes in working practices amid the Covid-19 outbreak.
Alex Alway leaves Bravo Group
The former Jelf boss had been chairman of both Broker Network and Compass since April 2018.
Uinsure adds Zurich to its panel of insurers
The provider also works with Axa, Ageas, LV Broker, RSA and UK General.
Covid-19: FCA bares teeth as BI dispute hots up
Regulator seeks court action to resolve uncertainty on business interruption cover and bring clarity on specific policy clauses.
News analysis: Industry under pressure as backlash over business interruption continues
Legal disputes over coronavirus-related BI claims have put insurers’ responses to the crisis in the spotlight
Covid-19: Are brokers taking pay cuts to get through the crisis?
After Aon stated that 70% of its staff are expected to take reductions in salary as the business tackles the economic impact of the coronavirus, other UK brokers reveal a mixed approach to the situation.
Broker featured on FSCS insolvency list
A.J. Cook Insurance Brokers has been declared in default by the scheme.
Arron Banks and Elizabeth Bilney agree settlement with Electoral Commission
Commission states it accepts the National Crime Agency’s conclusions that it found no evidence that any criminal offences had been committed after it investigated loans totalling £8m provided to the Leave.EU campaign from one of Banks' other companies.
Covid-19: QBE latest provider facing legal action after denying BI claims
Simon Sloane, partner at law firm Fieldfisher, says over 40 policyholders in the dental sector are interested in pursuing action.
C-Quence unveils capacity deal with Zurich
MGA also launches Arag-backed legal expenses cover to its property and casualty product suite.
Covid-19: Hiscox considers equity raise
Provider states it is "evaluating possible sources of capital" to respond to the pandemic.
Research reveals insurance claims among the most likely to succeed in courts
Law firm warns insurance sector will be under scrutiny as the level of litigation is predicted to rise as a result of Covid-19.
Covid-19: Treasury Committee tells insurers to be clear and fair
Mel Stride MP states firms are continuously facing difficulties in making successful coronavirus-related claims as the ABI says insurers are expected to pay out a total of £1.2bn.