coronavirus
Home insurance premiums drop 8.2% year-on-year
Consumer Intelligence data reveals that a typical buildings and content policy now stands at £138, but premiums are expected to go up due to new pricing rules.
Jensten sees turnover rise as it reveals deal spend for 2021
The business made four acquisitions during the year and also reports a loss of £13.6m.
Review of the year: Ageas' CDO Adam Beckett
The chief distribution officer talks resilience, ESG, dual pricing, and broker innovation throughout 2021.
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.
Broking Success: A helping hand… or eight?
The Insurance Octopus director Helen Bush and Naz Keshavarzi, product and insurer relationship manager, tell Insurance Age all about how they make the business more accessible for the SME market and what the company’s journey has been like so far
Opinion: Remote working – what the FCA expects
PKF Littlejohn’s Richard Willshire explores how Financial Conduct Authority rules could impact on home and hybrid working
Opinion: Covid-19, hybrid working and achieving a positive work/life balance
Mike Edgeley, Clear Group CEO, consider how brokers can find a better work/life balance as we move through the Covid-19 pandemic
Lycetts on track to triple profits in 2021
In an interview with Insurance Age, Lycetts boss Charles Foster speaks about the company’s growth strategy, changes in the agricultural sector, and plans for finding a new CEO.
Video Q&A: Zego B2B commercial director Ines Feracci
In this video Insurance Age content director Jonathan Swift caught up with Zego’s B2B commercial director Inès Feracci to discuss its plans for targeting brokers and fleet.
News Analysis - “Everybody’s service is rubbish” – insurer service uncovered
Edward Murray explores why brokers are being left out in the cold when it comes to insurer service and asks what has driven the collapse in quality
Interview: Adrian Saunders, Ecclesiastical
The commercial director tells Insurance Age about the insurer's developments, its relationship with brokers throughout the pandemic, and its plans for the coming year.
Government extends Production Restart Scheme
The £500m scheme developed to help the film and TV industry get cover following coronavirus was launched in July 2020.
IPT untouched in latest Budget
While the tax cut on flights ahead of COP26 grabbed headlines, brokers breathed a sigh of relief as hated insurance premium tax remained at 12%.
Seventeen Group expects further growth in 2022
CEO Paul Anscombe flags how M&A and organic growth are helping the business expand despite the £670,000 cost of Covid.
Motor premiums continue to fall in Q3
Premiums are the cheapest they have been since mid-2015, but the rate at which prices are falling has slowed in the last three months, according to Confused/Willis Towers Watson.
Seventeen Group blames Covid and M&A costs for profit slip
Despite a sharp drop in pre-tax profit, the broker managed to achieve increased turnover for the year ended 31 December 2020.
Fraudulent claim value goes up but detection rates also increase
ABI data shows the average fraudulent insurance claim has now reached £12,000 as the the body praises the efforts made by insurers’ fraud investigation teams throughout the pandemic.
News analysis: Panic Buying 2: This time it’s petrol…
The news agenda has been dominated by images of snakes of cars leading to petrol stations as the great British public reprises its performance from the first lockdown where we saw loo roll, pasta and other essentials stockpiled. In our analysis Martin…
Tysers launches fresh entertainment schemes
The two products, Tysers Freelancers and Tysers Elite, are designed to better reflect the new live events landscape and provide cover for clients who work in the entertainment industry.
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.
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.
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.
Peril in product governance – who you gonna call?
News analysis: Brokers are under the cosh and many need guidance on how to implement the FCA’s wide-reaching rules on product governance.