Insurer
ReSolution Underwriting buys Trilogy MGA
MD Chris Blackwell will continue to lead Trilogy as the MGA states it does not expect any changes to the business following the deal.
In-depth - liability: Are D&O rates being held captive?
With rates down and claims up, brokers are facing a new reality in the directors & officers market. Martin Friel reports
Covid-19: Insurers will need to "carefully consider" BI position, says Oliver Wyman
The management consulting firm warns of a coming trade-off between maintaining the economic integrity of the business and maintaining customer trust, as it outlines how European insurers can manage the impact of coronavirus.
Covid-19: Lloyd’s issues guidance to MGAs
Marketplace has issued detailed guidance on premium non-payment, binding authority contracts, administrative requirements, claims resilience, and audits.
In-depth - liability: The future of construction PI
Are there any solutions to the loss of capacity and increasing premiums in construction PI? Martin Friel investigates
Business Secretary states most firms have “not purchased” Covid-19 cover
John Glen said the government is in continual dialogue with insurance sector as he restates companies without the right cover will require support from elsewhere.
Covid-19: Brokers demand flexibility from insurers
Industry experts warn providers are not treating customers fairly as brokers call for clarity on unoccupied properties.
People Moves Round-up: 30 March - 3 April 2020
Keep up to date with the latest market moves.
Covid-19: Industry "getting hammered" over business interruption, says Biba
Brokers hit back over business interruption following criticism of the entire insurance industry as some call for government assistance in getting the message across.
AA posts insurance growth in trading update
Company said the number of policies it manages, as well as income per policy, had risen over 2019.
Insurance Age Digital Issue: April - Insurance and Covid-19
The coronavirus crisis has forced us all to adapt. Here, for the very first time, we have the digital-only edition of Insurance Age.
Opinion: Mactavish's Bruce Hepburn on restoring trust and reforming the industry
Lessons to learn: Even before the current crisis, the industry was in need of a shakeup, says Bruce Hepburn
Covid-19: ABI pledges to address questions raised by Treasury Select Committee
Last week, the Committee wrote to ABI director general Huw Evans requesting insurer data in relation to the coronavirus crisis.
Sir Peter Wood steps down from Esure
Wood founded the business in 1999 and sold a majority stake to Bain Capital in 2018.
Covid-19: Insurance firms come bottom of the list for contacting customers
Research reveals fast food companies and gyms are communicating more with clients about the coronavirus pandemic than insurance providers.
Chubb investigating possible data breach
Provider confirmed a “computer security incident” but suggested its network was untouched.
The Insurance Age Podcast: 27 March 2020
Insurance Age editor, Sian Barton, and content director, Jonathan Swift, discuss the top stories this week and talk about their own experience of the coronavirus lockdown.
Covid-19: Lloyd's outlines coronavirus impact and response
CEO John Neal urges the industry to "put a lot more effort" into explaining products to clients.
Lloyd's returns to profit in 2019
Market says it is in a "strong position" to respond to the impacts of the coronavirus.
Danish regulator orders Gefion to stop writing business
The unrated Danish motor provider says it "strongly disagrees" with the order and adds it has continued its capital raising efforts as it seeks to comply with its solvency capital requirement.
Covid-19: Expect £275m in travel payouts, says ABI
Industry body says the total will dwarf the £148m record reported in 2010.
Blog: How tech kept the world ticking over
Qlaims Insurance's Mike Keating on how technology will help brokers, insurers and customers stay connected during the coronavirus outbreak.
Covid-19: IUAD launches emergency appeal
Insurance Cares: Group said social isolation is an “enormous threat” to the 700,000 people over 70 living with dementia.
Covid-19: Biba cancels 2020 conference
The event, which was scheduled to take place in Manchester in May, will no longer go ahead.