Insurer
CRL has deadline to replace Alpha policies extended
FSCS says the broker is "making progress" in finding replacement cover after unrated Danish insurer Alpha collapsed last year.
GRP-owned EPUL reveals unorthodox property risks product
The commercial property MGA said the package of covers includes liabilities involved with irregular construction or unusual occupations.
Nexus snaps up Capital Risks MGA
MGA reveals it has also raised £16m to continue to make more acquisitions.
ERS creates claims team for prestige vehicles
Product will provide brokers with access to prestige experts every step of the way.
Beazley adds cyber and management liability products to broker platform
Policies are aimed at UK companies with a turnover of up to £350m.
Nexus buys Credit & Business Finance
The MGA has also created a broking arm, Xenia Broking Group.
#Insagepeople: 1-5 April 2019
Stay up to date with the latest people moves.
Cyber row continues as ABI responds to Mactavish
ABI director general Huw Evans says Mactavish has “fundamentally misinterpreted” how cyber products are provided, after the insurance governance expert called on the industry for a guarantee that eight particular policy flaws won’t be used as reasons for…
Quizzical questions: 29 March 2019
Test your knowledge of the week's news with our topical quiz.
FCA confirms no deal Brexit rules
Rules have been approved by the Treasury and will come into force on exit day if the UK leaves the EU without a deal.
Broking Break - Your Top 5
The Gallagher vs. Ardonagh trial has borne several highly read stories this week with acquisitions and people moves also catching the interest of Insurance Age readers.
Sabre reveals flat set of results for 2018
Post-tax profit drops slightly as GWP remains flat at £210m.
InsurTech Futures: SPB UK acquires Loyal Insurance and Square Pound
The affinity speciality has bought both the firms which include the Insurance2Go and Better Buy Insurance brands.
Trade body for the claimant sector launched
ACSO says it aims to “de-toxify the so-called compensation culture”, with brokers reportedly being invited to join.
Further losses at Lloyd's in 2018
Market reveals a loss of £1.0bn and a COR of 104.5% for 2018 as Neal admits "performance is not of the standard we would expect" .
Blog: Beware of the FOS
Ian Mason, of Gowling WLG, considers the impact of the compensation limit increase to £350,000.
“Meat market” Lloyd’s rushes through plan to combat sexual harassment
The market indicated it would be prepared to ban offenders for life if found guilty of offending following “distressing” report.
Aviva’s ex-CEO Mark Wilson received £1.8m in 2018
Annual report reveals his pay fell compared to 2017 as new CEO Maurice Tulloch saw his income increase by just over £1m.
First Central Insurance & Technology takes CEO from Hastings
Firm denies immediate plans to list as former Hastings MD Michael Lee joins the business.
#Insagepeople: 25 - 29 March 2019
Stay up to date with the latest people moves.
Ecclesiastical adds cyber to its Art and Private Client policy
The insurer has updated the policy to include standard cyber cover and cyber-crime and cyber online liability as additional covers.
Legal & General unveils tech solution for brokers
The provider claimed that SmartQuote uses big data to find home insurance quotes in as little as one question if the broker knows the client.
Zurich temporarily pulls out of direct home
Insurer says home products can still be bought through the broker channel.
Allianz hires Gerry Ross as head of commercial motor
He replaces Jon Dye who left the provider for QBE earlier this year.