Editor's letter - May 2020

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Battered and bruised: The industry is taking a beating over BI, but how are brokers coping with Covid

Business interruption – it is still the issue dogging the insurance industry as the coronavirus crisis continues.

Since the last edition we have seen even more groups forming to fight insurers over their decisions to decline BI payments. Too many insurers to name in this column but Hiscox is taking the brunt with RSA and QBE also named.

Our news editor explores the issue in more detail in this month’s news analysis but it is clear this problem is only set to escalate and the insurance industry

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Review of the Year 2024: Markerstudy’s Gary Humphreys

Gary Humphreys, group chief underwriting officer at Markerstudy, hails the completion of the Atlanta deal, dreams of having the MGA’s brand adorn the Tottenham Hotspur Stadium and mulls sitting on the sofa and doing Channel 4’s Gogglebox.

Lycetts buys broker Cheviot

Lycetts has strengthened its presence in the North East, purchasing fellow Newcastle-based broker Cheviot Insurance Services.

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