News
Blog: Customer vulnerability and coronavirus
Insurance Cares: The present pandemic has underlined the importance of a robust vulnerability strategy. RWA's Kirk Ford outlines how insurance brokers might prepare for an increase in incidences of vulnerability - or an exacerbation of existing cases.
Mishcon advances on Hiscox and QBE in Covid-19 BI rows
The legal firm is pursuing a £52m claim against Hiscox and planning its own test cases and representing dentists in dispute with QBE.
Government backs trade credit insurance with £10bn guarantee
The guarantees will support supply chains and help businesses during the coronavirus pandemic.
Redundancies for Markerstudy after pay cut row
The provider has blamed the impact of Covid-19 for the job cuts which follow reports of staff being forced to take pay cuts.
Insurance Covid-Cast: Insurtech 100 special – 'AI/Data Analytics' with Concirrus’ Andrew Yeoman and Cytora’s Richard Hartley
In the 21st episode of Post and Insurance Age’s video series we gathered together a duo of start-ups featured in the Insurtech 100, both of whom are focused on using AI/data to make insurance companies more efficient.
Blog: Succession planning amid the coronavirus crisis
Aston Lark's Peter Blanc, shares his thoughts on adapting the business and why M&A can continue to thrive post Covid-19.
PIB Group take reinsurance step with German broker buy
The business has purchased Marx Re-Insurance Brokers which is based in Munich.
FCA confirms coronavirus product value guidance
The regulator expects all insurers and brokers to have taken necessary action by 3 December this year.
Ex-Markerstudy/Brightside boss Bence among senior hires at Complete Cover
Personal lines broking group Complete Cover has bolstered its management team with a quartet new hires including former Markerstudy and Brightside boss Russell Bence.
Castle Insurance Services buys EW Knapton
The Durham based broker has added two branches and taken its GWP to £7m.
Insurance Covid-Cast: Insurtech 100 special – 'Wheels Focus' with By Miles, Cuvva, Inshur and Laka
In the 20th episode of Post and Insurance Age’s video series we gathered together a group of start-ups featured in the Insurtech 100 all of whom are focused on insuring ‘wheels’ in the broadest sense.
Are you ready for Broker Extra?
A curated virtual event features top speakers, live webinars and a chance to network with state-of-the-art match-making technology.
Brokers welcome momentum for FCA BI test case
Pressure groups take different paths over whether to suspend their own legal proceedings while regulator's case goes forward as it is revealed three broker wordings from Pound Gates, Marsh and Gallagher will be assessed.
Staveley Head-linked Policyplan goes into run-off
One Sure which, bought the rights to the Staveley Head brand in April, has agreed to manage the Policyplan run-off.
Insurance Age Digital Edition: June - A balancing act
The June issue of Insurance Age is available via digital platforms only due to Covid-19.
Insurance Covid-Cast: Insurtech 100 special - Lemonade CEO Daniel Scheiber talks AI, European expansion and IPOs
The CEO and co-founder of Lemonade has declared younger IPOs better for the long term viability of new technology businesses because it prevents them getting stuck in a state of ‘protracted adolescence,’ comforted by the ‘cocoon’ of private equity.
Blog: The MGA opportunity
Janthana Kaenprakhamroy, of MGA Tapoly, addresses how managing general agents might be able to help brokers solve some of the key problems the market faces in the wake of coronavirus.
Hiscox has highest number of policies highlighted by FCA test case
Seventeen wordings will be assessed as part of the test and the FCA list shows 34 Hiscox policies affected so far, as regulator says list is a "representative sample" which is "not comprehensive".
FCA names 16 insurers affected by BI legal test case
The watchdog expects the test case, to determine the validity of business interruption coronavirus claims, to be heard in the second half of July.
Former MP Amber Rudd joins ‘Pan Re’ committee alongside series of industry big hitters
Aon’s Julie Page and Marsh’s Chris Lay are to lead the distribution working group as Jon Dye also joins the Stephen Catlin-led organisation.
By Miles teams up with Broker Network
The pay-by-mile brand is now working with the network to offer its product to a wider audience and members will gain access to the products over the next few weeks.
Insurance Covid-Cast episode 18: Brit head of innovation James Birch on digital Lloyd's start-up Ki's plan to be a top 10 syndicate by 2025
Ki, the new standalone algorithmically-driven digital Lloyd’s syndicate launched by Brit Insurance in collaboration with technology giant Google, aims to be a top ten player in terms of capacity by 2025.
Blog: What is the client view of broker commission?
IdRisk's Stephen Mooney responds to Mactavish's report on broker remuneration.
Suspected ‘ghost broker’ under arrest
Police arrested a man yesterday (27 May) for selling fraudulent car cover and offering it to NHS workers at a discount.