Covid-19
Brokers challenge FCA over proposed fee hike amid Covid-19 pandemic
Insurance Age found that brokers are disappointed by the timing of the 3% rise, as well as anticipating an impact on the bottom line.
The working from home diaries: Peter Davis
Insurance Age finds out how Peter Davis, head of customer & distribution at Zurich UK, has adapted to changes in working practices amid the Covid-19 outbreak.
Covid-19: Disrupters pressurise motor insurers to return premium
On demand insurtechs encourage incumbents to give back premium as it is predicted providers could save £1bn as claims plummet amid lockdown.
FCA to hit brokers with 3% rise in fees
Regulator also wants to increase the authorisation application fee for brokers from £1,500 to £2,500.
The working from home diaries: James Murray
Insurance Age finds out how James Murray, Leeds head of office at Gallagher, has adapted to changes in working practices amid the Covid-19 outbreak.
Partners& shoots into Top 100 with £65m GWP
Phil Barton, alongside Stuart Reid and Chris Jelf, has formed the broker from MRIB and Independents, La Playa, CGI and Versatile, with initial £25m investment from Capital Z.
Covid-19: UK claims will pass £1bn, says Huw Evans
Evans quoted the figure in a letter defending the response of insurers to the pandemic.
Brokers under strain as they support hospitality clients
Covid-19: Brokers battle colossal workloads as they look to help customers change policies and maintain cover.
The working from home diaries: Suzy Middleton
Insurance Age finds out how Suzy Middleton, deputy CEO of SEIB Insurance Brokers, has adapted to changes in working practices amid the Covid-19 outbreak.
Covid-19: Are brokers accessing the government's furlough scheme?
Mixed response as brokers mobilise to support clients through the coronavirus crisis as some are forced to furlough staff.
The Insurance Age Podcast: 3 April 2020
Insurance Age commissioning editor, Laurence Eastham, and news editor, Ida Axling, discuss the top stories of the week.
Covid-19: Niall Barton calls on insurers to support insurtechs
The Insurtech UK chairman and Wrisk executive chairman said the “mini meteorite” of Covid-19 has put insurtechs at risk of underfunding.
Motor premiums rise 2.8% in Q1
Consumer Intelligence warned that telematics restrictions following coronavirus may hit youngest drivers hardest.
The working from home diaries: Simon Mabb
Insurance Age finds out how Simon Mabb, managing director of Romero Insurance, has adapted to changes in working practices amid the Covid-19 outbreak.
Covid-19: Insurtech UK calls on Chancellor for start-up support
The insurtech body has signed an open letter seeking additional support for start-ups from the government, as well as warning insurers against turning away from insurtech partners.
Saga profits drop ahead of expected Covid-19 hit
Broking, underwriting and travel profits all fell, as the group renegotiates its loans to accommodate for lengthy travel suspensions.
The working from home diaries: Peter Robinson
Insurance Age finds out how Peter Robinson, managing director of Prizm Solutions, has adapted to changes in working practices amid the Covid-19 outbreak.
Covid-19: Insurers will need to "carefully consider" BI position, says Oliver Wyman
The management consulting firm warns of a coming trade-off between maintaining the economic integrity of the business and maintaining customer trust, as it outlines how European insurers can manage the impact of coronavirus.
Covid-19: Lloyd’s issues guidance to MGAs
Marketplace has issued detailed guidance on premium non-payment, binding authority contracts, administrative requirements, claims resilience, and audits.
Blog: Pandemic - what is covered?
Biba's executive director, Graeme Trudgill, addresses the big question around business interruption and Covid-19.
Business Secretary states most firms have “not purchased” Covid-19 cover
John Glen said the government is in continual dialogue with insurance sector as he restates companies without the right cover will require support from elsewhere.
The working from home diaries: Paul Anscombe
Insurance Age finds out how Paul Anscombe, CEO of Seventeen Group, has adapted to changes in working practices amid the Covid-19 outbreak.
Covid-19: Brokers demand flexibility from insurers
Industry experts warn providers are not treating customers fairly as brokers call for clarity on unoccupied properties.
Covid-19: Industry "getting hammered" over business interruption, says Biba
Brokers hit back over business interruption following criticism of the entire insurance industry as some call for government assistance in getting the message across.