News
Covid BI claims payments surpass £1bn
The latest set of figures from the FCA show providers have made initial payments worth £328.9m for unsettled claims and final settlements of £696.2m.
Mulsanne v Marshmallow trial to begin on 15 November
The insurer has accused Marshmallow of misusing confidential information and stealing trade secrets. Marshmallow has denied the claims.
Brokers win big at the British Insurance Awards
Aston Lark, All Clear, Howden, Plan Group, Staysure, and Tysers all took home trophies on the night.
Jensten completes Tasker deal
The move sees Robert Organ take on the MD role for Jensten Retail as the business announces further board changes.
Zurich agrees £700m capacity deal with A-Plan's KGM
The deal means that Zurich will provide solus capacity to KGM for the next five years.
Group launched to help neurodivergent insurance workers
The group says that, despite great progress in the promotion and recruitment of a diverse workforce, where strides have been made to recognise equality, gender and disability; neurodiversity is often overlooked.
Axa UK snaps up Mallaby
She joins as distribution and trading director for commercial and has been brought in to enhance broker relationships after exiting Allianz amid a restructure this summer.
Home insurance premiums fall 6.4% off their June 2020 peak
Covid pushes home premiums down according to analysis from Consumer Intelligence.
Usage-based motor insurer, Adiona, launches
Penny Searles, of Wunelli and Smartdriverclub, is on the advisory board of the Gibraltar-regulated entity which has said it will work with UK brokers.
Research reveals cybersecurity skill gap in insurance
New research from European provider of cloud infrastructure and cloud services, Ionos Cloud, has found that 38% of insurance IT decision makers (IT DMs) admit to their business having a cyber security skills gap, with a third saying this is putting their…
People Moves: 13-17 September 2021
Keep up to date with the latest people moves.
The Insurance Octopus appoints director
Helen Bush will lead the business after being with the company for 11 years.
PIB extends its reach across Ireland
The broker has furthered its expansion across the country by striking a deal with Oliver Murphy Insurance Brokers.
Brokerslink adds claims dispute advisory service to network
The company has partnered with Fenchurch Law to support its global broker network with claims and coverage disputes.
Purbeck launches fresh PGI cover
According to the MGA, the policy was designed as a response to insurers’ requirements of personal guarantees for run off claims.
WF Risk Group goes for growth following rebrand
MD Richard Willis discusses the company's name change and what the Belfast-based broker is looking for in future acquisitions.
Brokers urged to take action after FCA calls for clarity on remuneration
Experts say brokers need to review their business models after the regulator slams the industry for "weakness" over product governance rules and highlights its focus on fair value.
RAW Insurance on track for further expansion
After having opened an office in Kendal last month, co-founders Ryan Roberts and Stephen Ward tell Insurance Age about their plans for the future.
PIB buys in Nottingham
JRT Insurance Brokers is PIB's eighth deal this year and will be integrated into its specialty division, PIB Insurance Brokers.
MGA Nivante aims to bring greater choice to care sector
Co-founders Jade Knight and Melissa Kalsi tell Insurance Age about the demands care providers are facing and how the MGA can support brokers.
Who are the Top 50 brokers in personal lines?
The results of Insurance Age’s annual study into the top 50 brokers and providers in the personal lines market are in.
Lloyd's returns to profit in first half of 2021
Market reveals a profit of £1.4bn as well as an improved COR of 92.2% as gross written premiums also increase.
BGL confirms Fenchurch appointment as it explores insurance unit sale
BGL says it has "a duty to explore" approaches as Sky News reports that the business is considering a potential £700m sale of its insurance arm.
NPA Insurance names Brendan McCafferty as non-executive director
The former Brightside CEO is also going to join the company’s niche insurance brand, Peach Pi.