Axa
Dive In kicks off today with a focus on active allyship
The festival runs over three days with mental health, gender equality and racial inclusion highlighted as key issues to be tackled as a priority in the insurance sector.
David Williams to leave Axa UK after 41 years
WTW’s David Ovenden takes up the role of chief underwriting officer for commercial as Williams pursues non-exec career.
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.
Axa UK snaps up Mallaby
She joins as distribution and trading director for commercial and has been brought in to enhance broker relationships after exiting Allianz amid a restructure this summer.
People Moves: 13-17 September 2021
Keep up to date with the latest people moves.
NPA Insurance names Brendan McCafferty as non-executive director
The former Brightside CEO is also going to join the company’s niche insurance brand, Peach Pi.
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.
Covid BI claims payments near £1bn
FCA figures show interim payments of £331.2m and final settlements of £636.7m have been made since the Supreme Court verdict, with the number of policyholders waiting to hear whether their claim is valid going down to 6,073.
How can the industry solve its talent crisis?
Brokers, insurers and industry experts discuss the main obstacles in attracting young talent and what the industry can do to solve its image problem.
Howden pledges to achieve plastic neutrality
The broker announced its commitment to reduce its plastic consumption, and offset the rest, aiming to curb the impact its business has on the environment.
FCA data shows Covid BI claims payments now total £875.5m
Updated figures reveal providers have made initial payments for unsettled claims worth £308.9m and final settlements worth £566.6m since the Supreme Court verdict in the FCA test case.
People Moves: 12-16 July 2021
Stay up-to-date with the latest job changes in the world of insurance.
Global industry leaders set up the Net-Zero Insurance Alliance
According to the Net-Zero Insurance Alliance, insurers and reinsurers will individually set science-based targets every five years and report on their progress annually.
Covid prompts rise in broker demand for digital training
Axa's Ken Wright discusses the challenges brought on by remote working and how brokers can adapt to a digital environment.
In-depth - SMEs: All change for small businesses
With retailers turning from physical shops to online sales and the hospitality sector focusing on deliveries and outdoor dining, Sam Barrett looks at how insurance needs have changed in the pandemic
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.
Covid BI claims payments hit £765.8m
FCA figures show interim payments of £289.5m and final settlements of £467.2m since the Supreme Court verdict, with the number of policyholders waiting to hear whether their claim is valid going down to 9,152.
Dive In calls for active allyship as it confirms dates for 2021 festival
The seventh edition of the global festival for diversity and inclusion will take place on 21-23 September.
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.
Axa Commercial launches Broker Learning Zone
The initiative has been developed to drive professional development for UK brokers and sits alongside the newly-developed Axa XL Broker Academy.
SchemeServe creates scheme sharing facility with capacity from seven providers
The facility, which was developed in response to changes in insurer appetite due to the pandemic, will connect brokers and MGAs looking for capacity for new or existing schemes to a panel of providers including Axa, Ecclesiastical, Hiscox, Arag, and Pen…
People moves: 26 - 30 April 2021
The key job changes in the world of insurance this week.
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.