Insight
Blog: Time to check watch valuations
Tim Belson, of Prestige Valuations, says the skyrocketing value of some luxury watches can cause a problem for insurance brokers but solutions are at hand to keep cover at the right amount.
Final FCA monthly Covid BI claims update puts payout at £1.35bn
Insurers have made £1.05bn in final payments and £303.1m in interim payments.
Biba develops flood product for SMEs
The body has worked with Mi Commercial Risks to extend its flood scheme.
HCF targeting doubling in five years
The broker has two more deals in the pipeline for this year.
GAIN Q&A with Johnny Timpson
The committee and team member of the Group for Autism, Insurance, Investment and Neurodiversity tackles why GAIN was set up, why addressing neurodiversity should matter to brokers and whether insurance is behind other sectors.
Atrium expresses deep regret over misconduct after Lloyd’s issues £1.05m fine
Discrimination, bullying and harassment failures led to the Lloyd’s managing agent’s record-breaking fine.
Peter Gregory leaves SSP
The director of broking had been with the technology provider for more than 20 years.
Atrium fined over £1m by Lloyd’s for discrimination, bullying and harassment failings
The fine is the largest ever handed down by the Lloyd’s Enforcement Board as it listed charges including an annual “Boys Night Out” that featured initiation games, heavy drinking and making inappropriate and sexualised comments about female colleagues.
Zurich UK names Keppel as chief sustainability officer with Fernqvist becoming COO
The new roles will come into effect on 1 July subject to regulatory approval.
RSA Insurance unveils trans-inclusive policy for UK employees
The insurer has developed instructions to help employees who are transitioning and give colleagues the tools to help them be supportive.
Ex-Fresh CEO Mike Wall joins Markerstudy
Wall is recruiting a team of 12 to develop the business’ non-standard home and motor offerings.
Interview: Paul Havenhand – CEO Kingsbridge Group
Havenhand replaced James Twining as CEO earlier this year. He talks growth and shares the unexpected challenges of looking after a Ukraine-based developer team.
People Moves: 14 - 18 March 2022
Keep up to date with the latest industry moves.
JMG Group buys Northampton broker to continue expansion
It is JMG Group’s sixth deal in 12 months and creates an East Midlands hub for the Yorkshire-based business.
Pro Global adds Aurora to MGA platform
Insurtech Aurora targets SME business directly and through brokers.
RSA reveals 2021 losses from continuing operations
The insurer’s figures were hit by reserving changes and acquisition costs due to the mid-year takeover as net written premiums grew.
WTW follows Aon and Marsh McLennan and withdraws from Russia
Ownership of Russian businesses will be transferred to local management as broker expresses dismay at the conflict.
HCF buys two brokers
The MVP-backed broker has made five purchases in a just over a year.
Blog: Reducing the personal guarantee risk of solicitors’ PI
Todd Davison, managing director of Purbeck Personal Guarantee Insurance, assesses a particular challenge facing brokers and the solution available as the solicitors professional indemnity insurance renewal season fast approaches.
Aviva partners with Broker Network after a decade apart
The provider also works with Bravo Networks' other proposition, Compass.
Aon suspends Russian operations
Staff in Russia have been put on paid leave by the broker as the attack on Ukraine escalates.
Marsh McLennan to exit Russia
Businesses to be transferred to local management who will operate independently.
A-Plan delivers rising turnover and profit after Howden takeover
The high street specialist has grown its commercial centres to 40.
Arc Legal Group launched
The organisation merges AmTrust underwriting and Legal Insurance Management with Arc Legal Assistance.