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Diversity & inclusion success in Insurance to be celebrated at new Age awards

diversity crowd

The first Diversity & Inclusion in Insurance Awards to be held in November

It is a mantra that is being repeated more and more: That as a business you are only as good as the people you employ. And that you can best manage and fulfil your customer needs by recruiting a workforce that is as diverse and representative of the population you serve.

Insurance has for a long time being characterised a ‘pale, male and stale’, but times they-are-a-changing.  With insurers, brokers and all parts of the insurance supply chain making strides to consign this stereotype to history

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Q&A: Pen’s Nick Wright

Nick Wright, chief business development officer at Pen Underwriting, tackles its recent M&A quietness, capacity in the market and the benefits to brokers from niche products. He updates on the goal of hitting £1.75bn GWP by 2030, streamlining its agency base and shares why he thinks the Gallagher-owned MGA will “go from strength to strength”.

Aviva responds to Direct Line’s £10.6m fine

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PRA fines Direct Line underwriter £10.6m

The Prudential Regulation Authority has fined UK Insurance Limited, a subsidiary and principal underwriter of Direct Line Group and now part of Aviva, £10.625m for a miscalculation of its Solvency II balance sheet during 2023 and 2024.

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