Insurer
Brokers predict tough challenge for Zurich's incoming UK CEO
Experts argue that Tim Bailey, who will take over when Tulsi Naidu moves to Zurich's Asia Pacific business, must prioritise getting to know the broker sector.
CII to sub-let office in Walkie Talkie
The body made the controversial move to Lombard Street from its historic Aldermanbury home in 2018.
Lockton accused of forging insurance documents
Property investor Aubrey Weis has alleged that the broker made “false and dishonest representations” regarding settlement of an insurance claim.
Insurance Industry Steps Up for Dementia
This autumn, the insurance industry is coming together again to help fight dementia with the ‘Step Up for Dementia’ Challenge. Insurance United Against Dementia (IUAD) has launched the fundraising initiative to unite the industry in the build up to this…
Home insurance premiums fall after Covid-19 lockdown
Figures from Consumer Intelligence shows average buildings and contents policies fell by 0.3% in the last three months.
Blog: Short-term Lets: Profit or Problems?
Tokio Marine HCC’s Marc Brewer gives brokers an overview of the specialist rental sector.
UK Broker Awards: Tune in on Friday
The winners will be revealed from 12.00 on 11 September on the Insurance Age website.
Treasury launches latest five year review into Pool Re
Pool Re is forming an advisory group consisting of insurance CEOs and other stakeholders to advise it throughout the review, which will determine its strategic direction for the next five years.
Zurich names new UK CEO
Tim Bailey will take over on 1 January as current CEO Tulsi Naidu moves to become CEO Asia Pacific at the provider.
Tulsi Naidu exits as Zurich UK CEO
She leaves to head up the insurer's Asia Pacific region as provider reshuffles its executive team and makes swathe of leadership appointments.
Parliamentary call for Co-op to review Markerstudy deal
MP, Tony Lloyd, slams Markerstudy over potential loss of 200 jobs and failure to recognise Unite and calls on Co-op to examine "moral compass" amid sale which is yet to complete.
Saga announces £150m equity capital raise
Former owner and CEO, Sir Roger De Haan, is expected to invest up to £100m in the business as he returns to the board as non-executive chairman.
Deadline extended for AA takeover talks
The three potential buyers have an additional four weeks to make a bid for the AA as the motor specialist says discussions are progressing.
QBE group CEO exits after conduct investigation
Departure follows the outcome of an external investigation into “workplace communications” after a female employee reportedly complained to the QBE board.
Gallagher cans Capsicum Re brand
The reinsurance business will be renamed Gallagher Re from 1 October.
Trade-offs are needed to create pandemic policy, says Liiba
CEO Christopher Croft argues that governments and private insurers need to collaborate on solution capable to respond to future pandemics in order to keep costs down for taxpayers.
Complete Cover and Mulsanne parent posts £41.7m loss
The business was sold to Sun Capital last year. Since then it has secured a £1m development loan from Close Brothers and its investors has pumped £7m into Mulsanne to help with solvency.
People Moves: 24 - 28th August 2020
Keep up to date with the latest job changes.
Blog: Helping clients prepare for a post-pandemic future
Craig Thornton, insurance lead at Lloyds Banking Group considers the role of the sector during the pandemic.
MS Amlin restructures underwriting team
Andrew Carrier has been appointed CUO as co-CUO management structure is dissolved with specialty and reinsurer leads to exit.
Profit shoots up for ERS
Half year results highlight how motor provider has been affected by coronavirus as profit increases and COR improves.
Das UK posts profit rise for 2019
The legal expenses provider's COR worsened to 99.2% over the year while GWP fell slightly.
Former Brightside boss Mark Cliff takes NED role at MGA
Cliff has been appointed chairman of the firm which specialises in the social housing sector, travel and associated insurance and property insurance.
Ecclesiastical reports £59.7m loss after Covid-19 hit
GWP was up by 9% in the first half of 2020, while the provider's COR worsened to 101.1%.