Editor's letter - May 2020

punch

Battered and bruised: The industry is taking a beating over BI, but how are brokers coping with Covid

Business interruption – it is still the issue dogging the insurance industry as the coronavirus crisis continues.

Since the last edition we have seen even more groups forming to fight insurers over their decisions to decline BI payments. Too many insurers to name in this column but Hiscox is taking the brunt with RSA and QBE also named.

Our news editor explores the issue in more detail in this month’s news analysis but it is clear this problem is only set to escalate and the insurance industry

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Lycetts buys broker Cheviot

Lycetts has strengthened its presence in the North East, purchasing fellow Newcastle-based broker Cheviot Insurance Services.

SRG buys broker R3

Specialist Risk Group has bought specialist insurance broker, R3, its eleventh acquisition of the year.

Broking Success: Bletchley’s Angela Irvine

Angela Irvine, sales director of Bletchley, outlines how the Birmingham-based broker is looking to build on its solid foundations whilst its independent status is unlikely to change anytime soon.

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