Broker
Covid-19: ABI admits few will be covered for BI
The government advised leisure businesses to close voluntarily prompting a public backlash that firms won’t be able to claim for business interruption as it isn’t a closure order.
Stuart Reid returns to the industry as Pikl chairman
Exclusive: The former Bluefin and Gallagher boss says he is taking on a number of new roles, with the rest to be revealed in the near future.
The Blog Spot: Navigating these strange times
We’re already seeing travel cover suspended and confirmation BI isn’t covered for Covid-19. What might this mean for the future of insurance and trust in the sector?
Jelf sues DRP for alleged staff and client poaching
Court documents reveal Jelf believes its losses total over £1.2m.
Pen and Markel agree £25m in equine capacity
Deal is a three-year renewal of an equine partnership that first began in 2017.
Covid-19: Brokers ban meetings and push remote working
Updated: The largest brokers in the UK revealed measures in place to protect staff and customers from coronavirus.
CII president video streams speech as coronavirus restrictions hit
Nick Turner, also a director at NFU Mutual, was stopped from attending the annual CII president's dinner after the provider banned staff from attending events with more than 100 guests.
Four Biba board members step down
Andrew Gibbons, Ashley Rogoff, Tim Ryan and Paul Anscombe have completed their stints on the board, with the trade body set to announce their replacements in the near future.
Travel brokers reveal mixed approach to coronavirus cover
InsureandGo says policies will not cover Covid-19, while Staysure continues to sell travel insurance and travel disruption cover.
Insurance Hound: Most read by brokers in January and February
Which topics have been sparking brokers’ interest?
Pen creates regional role amid broker push
The Gallagher-owned MGA has developed a manager role to focus on the Midlands and North.
Government consults on UK market access for Gibraltar-based firms
The legal framework previously in place needs to be changed due to Brexit, with firms having until 11 May to respond.
Sector escapes IPT rise in ‘coronavirus’ Budget
The decision to keep the unpopular tax at 12% has been welcomed by the insurance market as Chancellor introduces other measures to help Covid-19 hit businesses.
Aon/WTW: Independent broker values set to rise following deal
Deal creates UK broker “unicorns” as Marsh moves to number two on the global broking table.
Analysts say Aon tie-up benefits Willis Towers Watson
However, Mazars' Simon Fitzsimmons flags that the deal, which will see Aon become the largest broker in the world, still needs to be approved by the Competition and Markets Authority.
A-Plan buys Cotters Insurance Brokers
The personal lines specialist has bought the Northampton-based SME commercial expert.
Aon and WTW deal expected to result in savings
Business expects to pay around $1.4bn in integration costs.
PIB makes motor trade move
The organisation has purchased a Top 100 broker to strengthen its motor proposition.
UK Broker Awards 2020 open for entries
The event, which celebrates the best in UK broking, is now accepting submissions.
Axa confirms position on coronavirus business interruption coverage
Updated: The provider won’t cover for Covid-19 unless it is specifically named in the terms as other insurers including RSA, Allianz, NIG and Ageas respond to the crisis.
Aon to merge with Willis Towers Watson to create $80bn company
The $30bn deal will see the combined business operate under the Aon brand led by Aon CEO Greg Case, with the transaction expected to go through in the first half of 2021.
Broking success: Gary Holland and Tom Butler, Schofield Insurance Brokers
Forging forward: Insurance Age meets Leeds-based Schofield Insurance Brokers’ Gary Holland (MD) and Tom Butler (director) who are certain an office move to Kirkstall Forge will help their business to grow further
The Insurance Age Podcast: 6 March 2020
The Insurance Age team discuss the most popular news stories of the week.
FCA aligns focus to prevent sexual harassment in workplace
Regulator also says it wants to make diversity and inclusion the norm as it seeks to embed "purposeful culture" into companies.