Hiscox
Insurer payments for settled BI claims top £1bn
Providers have also made £307.9m in initial payments, according to the latest figures from the Financial Conduct Authority which is set to end its data releases next month.
Ex-Allianz boss Jon Dye joins Hiscox as UK CEO
Dye left Allianz last November and will start at Hiscox in September.
McClarrons appoints MD
The broker also welcomed Ardonagh's Philippa Farthing as group finance & operations director and Hiscox's Alastair Morley as head of claims.
CFC Underwriting tops the Insurance Age broker cyber poll
Specialist company CFC Underwriting has won out, with Travelers and NMU also in close contention, as the UK’s leading eight cyber insurers are revealed based on broker opinion
Covid BI claims payments now at £1.3bn
FCA data shows providers have now made initial payments worth £329.4m and final settlements of £967.9m.
Hiscox names new group CFO
Paul Cooper is set to take over the role after Aki Hussain moves to become group CEO.
Covid BI claims payments reach £1.2bn
FCA data reveals providers have now made initial payments worth £308.4m and final settlements of £916.7m.
People Moves: 29 November - 3 December 2021
Keep up to date with the latest industry moves.
Video Q&A: Hiscox's Andrew Cheney on underinsurance in HNW
Andrew Cheney talks to Insurance Age about the dangers of underinsurance in the HNW property arena and what brokers can do to help.
People Moves: 22-26 November 2021
Stay up to date with the latest insurance industry moves.
The exclusive Insurance Age Broker Satisfaction Survey reveals 2021’s top insurers.
The exclusive Insurance Age Broker Satisfaction Survey reveals 2021’s top insurers.
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The agenda for the event, which takes place on 11 November, has been revealed so sign up today and secure your place.
Das UK team raises £45,000 for dementia research
The ten person team of insurance professionals took on the Ride Across Britain challenge earlier this month.
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.
Video: Das UK takes on the Ride Across Britain challenge
Insurance Cares: Follow along as the team of ten insurance professionals tackle the 980 miles from Land’s End to John O’Groats to raise money for Insurance United Against Dementia.
Ross Dingwall moves to Partners& from Hiscox
Former Hiscox UK broker boss Dingwall joins Partners& as managing partner (Scotland) and will focus on expanding the broker's footprint in the North of England and Scotland.
Covid BI claims payments near £1bn
FCA figures show interim payments of £331.2m and final settlements of £636.7m have been made since the Supreme Court verdict, with the number of policyholders waiting to hear whether their claim is valid going down to 6,073.
Private client MGA launched
Hoxton Insurance Services trades exclusively through brokers and is backed by Hiscox.
Hiscox returns to profit in H1 2021
Provider also records rise in GWP and an improved COR of 93.1%.
Brokers say incoming Hiscox CEO will need to tackle reputation issues following BI row
Experts note Bronek Masojada, who is stepping down as Hiscox group CEO later this year, has built a business focused on quality, but some want to see a stronger broker focus as they say successor Aki Hussain's challenge will be to "win back the trust" of…
Hiscox boss Bronek Masojada to retire after 21 years in post
Masojada is set to step down at the end of the year and will be succeeded by group CFO Aki Hussain.
Broker NDML and night time industry agree £5.2m BI claims settlement with Hiscox
The settlement follows on from the Supreme Court judgment in the FCA's BI test case in January.