Allianz
People Moves: 5 - 9 July 2021
Stay up-to-date with the latest job changes in the world of insurance.
Ex-Allianz employee sentenced for fraud by abuse of position
The fraudster, a broker relationship manager, was sentenced to two years imprisonment suspended for two years and 180 hours of unpaid work after pocketing £106,000 for setting up fake insurance policies and redirecting claims payments.
HRH The Prince of Wales launches insurance task force to fight climate change
The task force, chaired by Lloyd's, is comprised of insurance executives and aims to provide a platform for the sector to collectively advance the world’s progress towards a resilient, net-zero economy.
Euler Hermes names Sarah Murrow as CEO for UK and Ireland
She succeeds Milo Bogaerts, who is moving to become CEO of Euler Hermes Northern Europe Region.
The Blog Spot: Tiernan, Bayles, Holmes … Norwich do we have a problem?
A trio of senior departures at Aviva might have got tongues wagging but, as Jonathan Swift asserts, it might be more of a case of coincidence than carnage.
Colm Holmes "great fit" for Allianz as brokers praise outgoing boss Jon Dye
News of the management shake-up left brokers shocked and surprised, but experts say Holmes will be good for Allianz while they remain confident that Aviva boss Amanda Blanc will keep the ship steady despite recent exits.
Aviva names Adam Winslow as UK & Ireland GI CEO
Winslow replaces Colm Holmes, who is moving across to Allianz to become UK CEO.
Jon Dye to step down as Allianz UK CEO
Dye, who exits in November, is to be succeeded by Aviva's Colm Holmes.
Allianz swaps flagship Manchester office for sustainable building
The new office space will include features such as training zones, collaboration areas, as well as a broker zone for intermediaries to utilise when visiting.
Covid BI claims payments hit £701m
FCA figures show interim payments of £268.2m and final settlements of £433.1m since the Supreme Court verdict, with the number of policyholders waiting to hear whether their claim is valid going down to 9,912.
Biba 2021: Unintended consequences from silent cyber 'knee jerk' reaction
The clampdown on silent cyber exposure has had unintended consequences for customers with some alterations too “broad brush”, according to Axa UK managing director, underwriting and technical services David Williams.
Interview: Allianz's Simon McGinn on challenges and opportunities in a hard market
McGinn discusses exiting certain trades amid a hard market, changing broker wordings after the Supreme Court judgment in the FCA test case and what is next for Allianz in the UK.
People moves: 4 - 7 May 2021
The key job changes in the world of insurance this week.
ABI launches flexible working charter
Signatories, which include Aviva, Ageas, Allianz, Covea, Ecclesiastical, LV, and Zurich, commit to opening up the majority of their roles to flexible working, job sharing and part-time working.
Allianz offers free legal line for commercial customers
The insurer’s 24/7 telephone service can provide guidance on any business-related legal matter, from employment law to debt recovery and property disputes, as well as advice on Covid-19 related legislation.
Analysis: The future of the networks model
Following on from GRP's surprise purchase of Marsh Networks, Martin Friel investigates how consolidation is changing the networks landscape.
FCA data reveals progress as insurers settle Covid-19 BI claims
Updated figures show providers have made interim payments of £247.7m and final settlements of £352.1m since the Supreme Court verdict, but 12,217 policyholders are still waiting to hear whether their policies provide cover or not.
Top rated high net worth providers for 2020-21 revealed
Axa XL takes the crown in a report from Highpoint Consultants which explores the state of the HNW insurance market and how well it serves customers and brokers.
FCA reveals insurer claims payouts following BI test case verdict
Regulator says providers have paid out £192.1m in interim payments for unsettled claims and £279.8m in final settlements at it reiterates order to pay out quickly.
Allianz adds to broker offering
The insurer wants to help brokers establish a network of Mental Health First Aiders.
People Moves: 8 - 12 March 2021
Stay informed of all the personnel changes across brokers and insurers.
News analysis: Are we heading for an underinsurance crisis?
Difficult conversations on horizon for brokers as SMEs seek to cut costs amid economic uncertainty due to business squeeze from Covid, Brexit and harder market
People Moves: 1 - 5 March 2021
Stay up-to-date with the latest personnel changes in insurance.
Broker wordings behind Allianz's Covid-19 BI claims hit
UK CEO Jon Dye discusses the business interruption test case and why communication with brokers is critical, after Allianz revealed its total impact of Covid-19 BI claims in 2020 was £175m, net of reinsurance.