Insurer
In Person: Markel UK’s Neil Galjaard and Nic Brown
Neil Galjaard, divisional managing director, and Nic Brown, sales and marketing director, tell Insurance Age why organisational restructures and sustainable pricing mean they welcome a hardening market.
ABI reiterates call for government to slash IPT
Trade body's data shows motor insurance premiums rose again in the last quarter of 2019 with increases in IPT and changes to the discount rate driving up prices.
FCA warns of temporary permissions deadline as Brexit looms
There will be no change to EEA firms 'passporting' into the UK from tomorrow (31 January), but the temporary permissions regime will be used if the UK and EU fail to sign an agreement by 31 December 2020.
Hiscox commits to regions and moves 300 staff out of London
Insurer is set to open a new branch in an unidentified location, with staff also set to move to existing offices in York and Colchester. It confirmed no broker-facing roles are affected.
Aviva denies privacy failure after mailing error
The insurer contacted thousands of customers mistakenly calling them ‘Michael’ - reports.
Saga looking at performance and cost efficiencies
Provider states 60% of new customers are choosing its three-year fixed price product as it publishes trading update for the last six months.
Gefion's solvency falls again after order from Danish regulator
The unrated provider was told to restate information in its annual report earlier this month.
Gibraltar’s Quick-Sure enters administration
Having stopped writing new business in 2017, the regulator estimates that only 117 claims are left to be settled.
Hiscox adds extensions to technology cover
Provider now covers intellectual property infringement and pre-claims assistance, as well as unlimited business interruption for firms up to £2m.
Lloyd’s appoints whistleblowing champion
Angela Crawford-Ingle has joined the board of the Audit Committee as Bruce Carnegie-Brown says Lloyd’s is committed to encouraging an open culture.
Keychoice teams up with NIG on commercial vehicle policy
NIG has also added two new products on SSP's commercial e-trading platform.
Beazley adds data breach prevention to cyber suite
Provider partnered with HewardMills to develop the offering.
CFC buys InsurTech start-up ThreatInformer
MGA says ThreatInformer's data enrichment technology will help it improve key activities in the underwriting process.
Ecclesiastical launches wellbeing guidance
Head Lines: The provider has produced a series of videos to help brokers manage stress.
Zurich-owned N&G buys marine trade book from NMU
The book of business will be transferred to N&G at renewal and NMU marine trade underwriters will move across as part of the deal.
Tony Allen reveals expansion plans for Markerstudy-backed MGA
The former A&A broker boss, who set up Insenture Underwriting last year, discusses his new venture alongside his son Lloyd Allen.
Bewica launches cyber portal for SMEs
New offering is free for Bewica's brokers to use and assesses customers’ susceptibility to the top cyber risks that SMEs face including phishing attacks, password interception and website attacks.
People Moves Round-up: 20-24 January 2020
Keep up to date with the latest market moves.
Arc Legal extends landlord legal defence cover
Provider said the Homes (Fitness for Human Habitation) Act means landlords now require cover for civil or criminal prosecution.
Sir Adrian Montague to leave Aviva in 2020
The search for a successor is underway.
CMA urges regulators to put "strong remedies" in place to end loyalty penalty
Government body welcomes the FCA's proposition to ban dual pricing as it publishes update a year on from the Citizens Advice super-complaint.
Aon UK appoints chief broking officer
Helene Madell will look after commercial risk solutions, health solutions, and affinity.
Add your voice to the Insurance Age mental health campaign
The Insurance Age Head Lines campaign has been developed to help build a better insurance workplace and encourage the c-suite to talk about their personal experiences.
Ecclesiastical launches broker cyber guidance
Insurer says cyber attacks are increasing in frequency.