Insurer
Barriers to helping vulnerable customers highlighted
Insurance Care: CII members have revealed some of the difficulties they face when trying to help customers with additional needs.
Scheme developed to help women return to insurance
Nine insurers and brokers have created a cross-sector returners programme to encourage more “career break” women to return to the insurance industry.
ERS reveals $350m capital injection to drive expansion plans
Boston-based Abry Partners leads capital raise, with current major shareholder Aquiline also participating, as ERS continues to diversify into (re)insurance commercial lines.
People Moves: 8 - 12 March 2021
Stay informed of all the personnel changes across brokers and insurers.
QBE promotes Cécile Fresneau to run insurance division
Fresneau has been executive director at QBE UK for the past three years.
Insurance Hound: Most read by brokers in February 2021
Which topics have been sparking brokers’ interest?
MGA Arkel adds its Adapt product to SSP
The household insurance proposition will be available on the software house’s broker platforms.
Blog: Unoccupied property – flexibility to help recovery and regeneration
Caroline King, of Pen Underwriting, on why providers can no longer be ‘monochrome’ in their approach to commercial premises.
Markerstudy focuses on further deals after Brightside buy
Gary Humphreys says the provider is actively looking to buy more businesses as he flags further consolidation in the personal lines space.
Mark Wilson's Abacai buys Dayinsure
The motor insurance specialist, which is Abacai's first acquisition since it launched last month, will remain a standalone business run by its current management team.
Aviva risk report highlights broker role
Insurance Age takes a first look at the Aviva Risk Insights Report which considers Covid-19, Brexit, cyber, climate change and the part of brokers.
Intact commits to Scott Egan as RSA CEO
Canadian insurer Intact is set to buy RSA's Canadian and UK & International operations in the second quarter of this year.
Brightside sold to Markerstudy seven years after collapse of initial deal
Markerstudy finally gets its hands on the specialist personal lines broker after being rejected for undervaluing the broker in 2013.
Aviva’s Covid-19 BI claims exposure down to broker wordings
GI CEO Colm Holmes says provider has taken a proactive approach to paying claims as he discusses how Aviva was impacted by the BI test case and comments on its 2020 results.
Profit and turnover up for Admiral Group
Profit before tax was driven by strong reserve releases and lower claims frequency.
Aviva's UK operating profit falls in 2020
CEO Amanda Blanc sees opportunities for "material growth" in the UK market as commercial lines premiums continue to grow.
MGA Generation Underwriting signs capacity deal
The deal doubles property capacity for the MGA which is part of broker Willis IRM.
Hiscox posts £192m loss in 2020
Provider says results were impacted by the pandemic, as COR worsened to 114.5% while GWP remained flat.
IPT remains at 12%
The Budget swerves IPT rise and Entrepreneurs’ Relief escapes for now but Corporation Tax increases to 25%.
Masojada: Hiscox regrets "anguish and uncertainty" caused by Covid-19 BI dispute
CEO discusses the need for the insurer to rebuild its brand and reputation as a result of the BI disagreement as insurer posts £192.4m loss for 2020.
Beazley CEO Andrew Horton moves to QBE
Horton is set to become group CEO of QBE in Australia later this year as Beazley names chief underwriting officer, Adrian Cox, as his successor.
People Moves: 1 - 5 March 2021
Stay up-to-date with the latest personnel changes in insurance.
Insurance Age Digital Edition: March: Technology at hand
The latest issue of Insurance Age is digital only due to the most recent lockdown.