Property
ERS gains approval for expansion into new business lines
The provider's Syndicate 1856 is moving into business classes including D&F property, marine and energy liability, political risk, terror and war, cargo and specie and professional lines, following $350m capital injection.
PIB buys Jersey-based CBCJ
Consolidator says the PI specialist broker will be integrated into its Guernsey-based business as it plans to expand across the Channel Islands.
Armco launches Cape Insurance
The consultancy has developed a niche risk and insurance adviser for property investors, developers and the construction sector.
Aviva opens buildings cover for properties affected by cladding to new customers
Move follows large premium increases in the market after the Grenfell fire and the provider urges brokers to sell the product net of commission on a fee basis to keep costs down.
BLM launches cross-industry property damage body to combat claims surge
The industry-wide property damage Task Force is meant to bring insurers, brokers, loss adjusters, legal specialists, and corporates together to identify emerging issues in the property claims sector.
Interview: A niche focus
Insurance Age meets the team at specialist managing general agent Avid Insurance.
Ethos Broking buys London-based Chambers and Newman
Ardonagh-owned Ethos says the deal brings its number of regional hubs up to 13.
In-depth - claims: Trends and changes
Covid-19 has had a significant effect on claims in the commercial insurance space
GrovesJohnWestrup Private Clients launches with digital broker platform
The business is backed by Munich Re and will initially focus on UK property, including main residences, holiday homes, second residences and let properties.
Peach Pi launches product aimed at wellbeing and lifestyle sector on Acturis
The new e-trade offering, sold via brokers, provides cover for freelancers and small businesses in allied health professions such as audiologists, chiropodists and opticians, as well as complementary therapy, beauty and fitness.
Luker Rowe and HIA International join Clear
Clear Group now handles £225m in gross written premium.
Blog: Unoccupied property – flexibility to help recovery and regeneration
Caroline King, of Pen Underwriting, on why providers can no longer be ‘monochrome’ in their approach to commercial premises.
SRG adds MGA CLS Risk Solutions to stable
It is the fourth deal this year for Specialist Risk Group and adds £30m in GWP to the business.
MGA Generation Underwriting signs capacity deal
The deal doubles property capacity for the MGA which is part of broker Willis IRM.
Aston Lark buys Magenta Insurance
The MGA is chartered and based in East Anglia.
Iprism develops unoccupied property product
The MGA said it developed the proposition in anticipation of a spike in empty properties due to post-Covid disruption.
Analysis: Are we moving towards market failure for high-rise buildings?
PI and property rates were hit hard following the Grenfell fire horror. Martin Friel investigates the wider insurance implications but is met with deafening silence from providers as brokers sound the alarm.
Video: Record flood claim settlement underlines value of parametric insurance
Floodflash founder CEO Adam Rimmer talks to Insurance Age content director Jonathan Swift about how it paid a Storm Christoph claim in January within 9 hours and 44 minutes.
Video: New research underlines need for brokers to educate over flood risk
Floodflash founder CEO Adam Rimmer talks to Insurance Age content director Jonathan Swift about a new survey it undertook that found that 48% of businesses worry about flooding as a threat to the UK economy.
Biba zones in on resilience in 2021 manifesto
Manifesto includes a number of commitments from the broker trade body, covering areas including underinsurance as a result of the pandemic, IPT, cyber insurance and signposting to help customers access insurance.
Ceta adds Ergo UK to insurer panel
Business says the move will strengthen its range and depth of cover within landlord insurance.
Q Underwriting launches property and package division
The line is supported by capacity from Ergo UK Specialty which is part of Munich Re.
Claimants reply after Axa puts blame on Lockton in legal row
Property investor Aubrey Weis has disputed claims made by Axa in its defence document.
Axa’s defence in legal spat with property investor “untenable” say claimants
Martin McKeague, representing Aubrey Weis, says allegations made in Axa’s defence documents would have “huge ramifications” on the insurance industry.