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Headline makers - April 2021
The hottest stories on www.insuranceage.co.uk, the month in numbers and quotes from the biggest news stories of the month
East West collapse: Administrator report shows £164.7m deficit
The building guarantee specialist insurer was forced into administration in 2020.
FCA targets wrongdoing with whistleblower campaign
The watchdog is encouraging financial services staff to report issues as part of the ‘In confidence, with confidence’ push.
Wrisk, Cover Genius and Iotatech named in Impact 25 report
The report, by Oxbow Partners, highlights the top insurtech providers who could make a difference in the insurance space.
Aston Lark develops portal for renovation insurance
Brokers can use the portal to process adjustments and share documents with clients.
Staveley Head: £9.9m owed to unsecured creditors
The administrator’s report also showed £27.7m in claims since they were appointed.
Allianz adds to broker offering
The insurer wants to help brokers establish a network of Mental Health First Aiders.
Barriers to helping vulnerable customers highlighted
Insurance Care: CII members have revealed some of the difficulties they face when trying to help customers with additional needs.
Scheme developed to help women return to insurance
Nine insurers and brokers have created a cross-sector returners programme to encourage more “career break” women to return to the insurance industry.
BGL Group confirms redundancy consultation
It is believed 134 jobs are at risk at its Peterborough headquarters with a further 116 under consultation at other locations.
UK Broker Awards – Entries now open
Celebrate your success and submit an entry for the Insurance Age UK Broker Awards.
People Moves: 8 - 12 March 2021
Stay informed of all the personnel changes across brokers and insurers.
Insurance Hound: Most read by brokers in February 2021
Which topics have been sparking brokers’ interest?
MGA Arkel adds its Adapt product to SSP
The household insurance proposition will be available on the software house’s broker platforms.
Aviva risk report highlights broker role
Insurance Age takes a first look at the Aviva Risk Insights Report which considers Covid-19, Brexit, cyber, climate change and the part of brokers.
Third deal in a week for Aston Lark
Bristol-based broker Venture Insurance has joined the Peter Blanc-led business.
Profit and turnover up for Admiral Group
Profit before tax was driven by strong reserve releases and lower claims frequency.
MGA Generation Underwriting signs capacity deal
The deal doubles property capacity for the MGA which is part of broker Willis IRM.
JM Glendinning buys Staffordshire broker
JM Glendinning has acquired specialist insurance services firm Nowell & Richards for an undisclosed sum.