Articles by Laurence Eastham
Premium finance not affected by FCA relief measures, says Biba
Trade body said it lobbied the regulator to exclude premium finance arrangements as payment deferrals would have left many brokers at greater risk.
Covid-19: Carrot announces customer support measures
Telematics broker said the new measures were designed to assist key workers.
Brokers challenge FCA over proposed fee hike amid Covid-19 pandemic
Insurance Age found that brokers are disappointed by the timing of the 3% rise, as well as anticipating an impact on the bottom line.
Gallagher names broking and placement MD
Simon Collings takes over the role from Mark Armitage, who retired at the end of March.
FCA to hit brokers with 3% rise in fees
Regulator also wants to increase the authorisation application fee for brokers from £1,500 to £2,500.
GRP hub Greens announces two deals
Green Insurance Group has bought Brighton-based RT Williams Insurance Brokers and its appointed representative NIB Insurance Brokers.
QBE's Pryce to retire at end of 2020
Jason Harris joins from Axa XL and will succeed Pryce as CEO of QBE International.
Covid-19: UK claims will pass £1bn, says Huw Evans
Evans quoted the figure in a letter defending the response of insurers to the pandemic.
Covid-19: Niall Barton calls on insurers to support insurtechs
The Insurtech UK chairman and Wrisk executive chairman said the “mini meteorite” of Covid-19 has put insurtechs at risk of underfunding.
Meet the MGA: Bewica
Education, prevention and insurance: Eva Berg-Winters, founder and CEO at Bewica, shares her company’s approach to cyber with Insurance Age
Motor premiums rise 2.8% in Q1
Consumer Intelligence warned that telematics restrictions following coronavirus may hit youngest drivers hardest.
Analysis: Results season reveals mixed picture for insurers
Insurers point the finger at increased claims and unexpected Ogden rate change in a challenging year
Covid-19: Insurtech UK calls on Chancellor for start-up support
The insurtech body has signed an open letter seeking additional support for start-ups from the government, as well as warning insurers against turning away from insurtech partners.
Saga profits drop ahead of expected Covid-19 hit
Broking, underwriting and travel profits all fell, as the group renegotiates its loans to accommodate for lengthy travel suspensions.
Covid-19: Lloyd’s issues guidance to MGAs
Marketplace has issued detailed guidance on premium non-payment, binding authority contracts, administrative requirements, claims resilience, and audits.
AA posts insurance growth in trading update
Company said the number of policies it manages, as well as income per policy, had risen over 2019.
Covid-19: CII launches financial support guide
Guide aims to help CII members access support schemes offered by the government.
Sir Peter Wood steps down from Esure
Wood founded the business in 1999 and sold a majority stake to Bain Capital in 2018.
Chubb investigating possible data breach
Provider confirmed a “computer security incident” but suggested its network was untouched.
Covid-19: Ardonagh publishes continuity update
More than 70% of staff now work from home, and headcount is “typically less than 5%” at offices.
Ardonagh posts 2019 results
Losses for the group shrank as operating profit grew to £3.4m as broker reports 3.3% organic growth.
Covid-19: Six month MOT exemption announced
The AA said it had raised MOT concerns with transport ministers last week.
Covid-19: Expect £275m in travel payouts, says ABI
Industry body says the total will dwarf the £148m record reported in 2010.
Biba confirms 2021 conference dates
Announcement follows cancellation of the 2020 conference earlier this week.