Axa
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.
People moves: 29 March - 9 April 2021
Stay up-to-date with the latest personnel changes in the world of broking and insurance.
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.
Axa branches to move to mid-market focus
Jon Walker explains how the regional network will develop as some offices are set to become specialist call centres.
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.
Aviva to buy Axa XL's Private Clients business
The deal, which is set to complete later this year, will see the Axa XL Private Clients team move across to Aviva to launch a new Aviva Private Clients proposition.
Axa UK & Ireland P&C COR improves to 96.2%
The provider’s 2020 results showed that, despite a fall in revenue, COR improved as P&C business in the UK reports growth in personal motor and commercial lines.
Simply Business teams up with Equipsme for health plan push
Simply Business has partnered with insurtech MGA Equipsme to allow its customers to directly purchase health insurance plans online for the first time.
Neil Robertson set for Canopius CEO role
Robertson joins from Axa XL as group deputy CEO and will become group CEO after a transition period, taking over from Michael Watson who will continue as chairman.
People Moves: 25 - 29 January 2021
Stay up-to-date with the latest personnel changes in the world of broking and insurance.
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.
CPC replies after Lockton denies fraud allegations
Property investor Aubrey Weis to rely on admissions made by Lockton in its defence documents at trial, after the broker admitted that a certificate of insurance for the 2019/20 policy year had been issued containing an error.
Axa puts blame on Lockton as legal dispute continues
The provider denies claims that it owes £1.68m in damages after property investor Aubrey Weis took it to court in September.
Axa well positioned for post Covid-19 growth claims Buberl as 2023 strategy revealed
The Group CEO confirms to investors a continued focus on healthcare and protection as underwriting discipline is enforced in Axa XL.
Property investor files separate legal proceedings against Axa as Lockton case continues
Aubrey Weis, who has also accused Lockton of fraud in a related court case, claims the provider owes over £1.6m in damages following a property claim.
Lockton denies fraud allegations in ongoing legal dispute
Broker admits former employee forged an email from Axa along with settlement offers for a claim, but claims the business was misled and that these actions did not result in any losses for the customer.
Axa recruits Bank of Scotland MD as Retail CEO
Tara Foley will replace Laurent Matras, who is moving to Axa Asia.
Blog: What do Amanda Blanc's first 100 days at Aviva tell us about its future direction?
One hundred days into her role as group CEO at Aviva, what can we glean from Amanda Blanc's initial actions asks Insurance Age content director Jonathan Swift.
Paul Evans joins Allianz as chairman
The former UK and group CEO for Axa will oversee Allianz Insurance and LV General Insurance.
Axa XL pushes forward with building health monitor
Digital Risk Engineer uses Internet of Things devices to monitor and capture information about buildings.
GRP-owned Cherish launches home policy with access to Flood Re
The product is underwritten by Axa and the wholesale broker says it has removed “non-essential” cover in order to offer a more affordable option.
Lockton accused of forging insurance documents
Property investor Aubrey Weis has alleged that the broker made “false and dishonest representations” regarding settlement of an insurance claim.