Insight
FOS insurance backlog stretched to over 9000 cases
Across financial services the ombudsman had nearly 5000 cases open for more than two years.
Occam completes Beech buy
The deal was first revealed in October.
Blog: The opportunity in M&A insurance
There has been no shortage of mergers and acquisitions stories over the past 12 months and not just in the broking sector. Despite all the deal headlines M&A insurance has had little airtime so CFC’s Joe Perrett runs the rule over the opportunities for…
Mark Coffey leaves Atlanta
The director of trading had been with the firm for nearly four years.
FCA warns of Direct Line clone
Regulator flags Direct Line Sustainability to customers.
Markel adds Mark Plews from Hiscox as director of underwriting
He is replacing Simon Fells who is retiring.
Euler Hermes rebrands as Allianz Trade
The provider has been fully part of Allianz Group since 2018.
Opinion: Legal disputes rise as tough times get tougher
Left reeling by pandemics, volatile markets, rising costs and labour shortages, UK businesses are also seeing a spike in legal disputes. ARAG MD, Tony Buss, explains why demand for legal protection is steadily rising with no quick end in sight.
Igo4 creating 100 jobs in Peterborough
Firm targeting 30% new business growth this year with expansion across core markets, mainstream motor and the launch of insurance for electric hybrid vehicles.
Lloyd’s CEO John Neal in hospital after cycling accident
The marketplace’s leader is expected to make a full recovery after sustaining serious injuries.
Tempcover to sell up to Uswitch and Confused owner RVU
The broker completed an MBO at the start of 2018.
In depth: Employment practices liability: getting back to business?
The disruption to working practices following the Covid-19 pandemic has also prompted major upheaval in the employment practices liability (EPL) market. Tim Evershed reports
Regulatory changes set to bite
Former FCA insider, Michael Sicsic, highlights that developments from the watchdog will hit home in 2022.
Zurich drops ‘Z’ logo in wake of Ukraine invasion
The provider has stopped using the logo on its social medial channels.
Blog: The power of TOBAs
Legal expert, Tim Johnson of Browne Jacobson, considers how recent legal rulings highlight the need to ensure Terms of Business Arrangements between parties are always 100% clear.
Ex-Swiftcover founder and Axa boss Steve Hardy to lead Policy Expert
QMetric Group CEO Sanchit Suri has left the business.
Saga reports drop in broking GWP and profit
The group sold Bennetts in August 2020.
Hagerty launches motorsport insurance in the UK
The organisation is working with Gullwing Racing Insurance.
In Depth: Legal expenses cover proves value in volatile times
The turmoil caused by pandemics and politics in the past two years has created an increasingly litigious landscape and served to highlight the value and benefit of legal expenses to businesses, says Tim Evershed
Up to 9000 Ardonagh staff in line for £1,000 bonuses
Employees will get the cash bonuses in April.
CFC revamps tech and media policies
The provider has streamlined the proposition to remove the need for multiple policies.
People Moves: 21 - 25 March 2022
Keep up-to-date with the top personnel stories on Insurance Age.
Income and Ebitda soars in 2021 for Ardonagh’s advisory division and up in retail
Group reveals income of £945.8m and £220.3m of Ebitda.
Lloyd’s posts underwriting and pre-tax profit for 2021
The marketplace swung back to £2.3bn profit after a loss of £900m in 2020.