News editor, Insurance Age
Hailing from Sweden, Ida worked as a news reporter and sub-editor at a regional newspaper before making the decision to move to England in September 2013.
She undertook a year-long master of arts in international journalism at City University London and joined Insurance Age as a reporter in October 2014.
Ida has won a number of awards for her journalism and in 2018 she was promoted to News Editor.
Biba says the scheme, which is underwritten by A+ rated capacity, will allow its members to easily access cover for small businesses, global operators and large fleets.
Regulator to collect data from any firms setting prices, including brokers, as it calls on the industry to co-operate to tackle the loyalty penalty.
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.
Experts discuss next steps for brokers, industry reputation and expectations from clients after the High Court delivered an outcome that differed across the policy wordings under scrutiny.
Move comes after the court ruled in favour of policyholders in relation to one of QBE’s policy wordings as well as Marsh’s Resilience wording.
Some providers involved in the business interruption test case are considering an appeal, while others welcome the result.
Broker trade body says it hopes the industry can move on following the High Court's decision yesterday and that any appeal will be “sorted out quickly” for the sake of policyholders.
Government body says Ardonagh and Bennetts have five working days to address the CMA’s concerns, after it found that the merged company would face “only little competition” from other much smaller motorcycle insurance specialists.
MD Simon Mabb, along with the Night Time Industries Association, says he is both “pleased and frustrated” at the ruling from the High Court, as he notes Hiscox claims have been deemed legitimate, but the QBE result is “still unclear”.
The High Court today found in favour of the FCA and policyholders on the majority of the key issues under scrutiny in the business interruption test case.
Body urges industry to work on product governance, improving advice processes and establishing an approach to pandemics.
The society looks at the long-term financial and economic impact of the pandemic as it reveals its plans for the next year.
CEO Jacquie Boast says the business uncovered fraudulent behaviour at Fresh, which it bought in 2018, while undertaking its recent change programme and has filed a high court claim for up to £25m.
Business also posts pre-tax loss of £55.5m for the first six months of 2020.
Market reveals a loss of £0.4bn and a worsened COR in its financial results for H1 2020.
Compliance specialists say brokers should make sure their procedures are in line with the expectations of the FCA.