Insurer
Covid-19: Celebrity chef joins firms attacking Hiscox over BI cover
Reports state star chef Raymond Blanc has slammed Hiscox for not paying out after he was forced to close his restaurants and pubs in the wake of the coronavirus outbreak.
Blog: What brokers need to know about product recall exposure for SMEs
CFC's Lucie Dean discusses what brokers can do to help their SME manufacturing clients.
Covid-19: We want to break free…
As lockdown continues PKF Littlejohn’s John Needham, shares information about how insurance businesses are accessing the government’s business relief measures amid the coronavirus pandemic.
The working from home diaries: Nick Hobbs
Insurance Age finds out how Nick Hobbs, director of broker markets at Allianz UK, has adapted to changes in working practices amid the Covid-19 outbreak.
Covid-19: Insurers clarify stance on Coronavirus cover
Updated: A number of providers have introduced exclusions for Covid-19.
Covéa reveals £22.3m underwriting loss in 2019
Provider also posts increases in GWP and profit after tax as it reports "disappointing" personal motor result impacted by claims inflation and a "lower than anticipated" Ogden rate.
Covid-19: Industry welcomes "firm and pragmatic" FCA message on BI claims
Sector responds to the regulator's Dear CEO letter calling on insurers to pay valid claims quickly.
FCA data reveals complaints numbers soared in H2 2019
Regulator reports 75% increase in PPI complaints ahead of 29 August 2019 deadline.
Covid-19: Hiscox hits back amid BI dispute
The insurer is facing a potential class action after declining a series of business interruption payments but says it could pay up to $175m and is “proactively paying claims”.
Covid-19: FCA calls on insurers to pay valid claims quickly
Regulator tells firms who refuse to pay out to explain why and how they believe it represents a fair outcome for customers.
Government calls on Amanda Blanc to lead flood inquiry
Blanc will head up a review following the Doncaster 2019 flooding to learn why victims did not have the right cover.
Outgoing Ageas CEO Andy Watson hailed for his broker focus
Sector also welcomes Ant Middle, who is set to take over the reins in June.
The working from home diaries: Peter Davis
Insurance Age finds out how Peter Davis, head of customer & distribution at Zurich UK, has adapted to changes in working practices amid the Covid-19 outbreak.
Covid-19: Disrupters pressurise motor insurers to return premium
On demand insurtechs encourage incumbents to give back premium as it is predicted providers could save £1bn as claims plummet amid lockdown.
FCA to hit brokers with 3% rise in fees
Regulator also wants to increase the authorisation application fee for brokers from £1,500 to £2,500.
Andy Watson bows out as Ageas UK CEO
Watson will hand over the reins to Ant Middle at the end of June this year.
QBE's Pryce to retire at end of 2020
Jason Harris joins from Axa XL and will succeed Pryce as CEO of QBE International.
Commercial director Euros Jones leaves LV
Move comes after LV completes the transfer of its commercial lines business to Allianz.
Covid-19: UK claims will pass £1bn, says Huw Evans
Evans quoted the figure in a letter defending the response of insurers to the pandemic.
Brokers under strain as they support hospitality clients
Covid-19: Brokers battle colossal workloads as they look to help customers change policies and maintain cover.
The Insurance Age Podcast: 3 April 2020
Insurance Age commissioning editor, Laurence Eastham, and news editor, Ida Axling, discuss the top stories of the week.
Covid-19: Niall Barton calls on insurers to support insurtechs
The Insurtech UK chairman and Wrisk executive chairman said the “mini meteorite” of Covid-19 has put insurtechs at risk of underfunding.
Meet the MGA: Bewica
Education, prevention and insurance: Eva Berg-Winters, founder and CEO at Bewica, shares her company’s approach to cyber with Insurance Age
Saga profits drop ahead of expected Covid-19 hit
Broking, underwriting and travel profits all fell, as the group renegotiates its loans to accommodate for lengthy travel suspensions.