Articles by Ida Axling
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.
Mulsanne v Marshmallow trial to begin on 15 November
The insurer has accused Marshmallow of misusing confidential information and stealing trade secrets. Marshmallow has denied the claims.
WF Risk Group goes for growth following rebrand
MD Richard Willis discusses the company's name change and what the Belfast-based broker is looking for in future acquisitions.
Brokers urged to take action after FCA calls for clarity on remuneration
Experts say brokers need to review their business models after the regulator slams the industry for "weakness" over product governance rules and highlights its focus on fair value.
PIB buys in Nottingham
JRT Insurance Brokers is PIB's eighth deal this year and will be integrated into its specialty division, PIB Insurance Brokers.
Lloyd's returns to profit in first half of 2021
Market reveals a profit of £1.4bn as well as an improved COR of 92.2% as gross written premiums also increase.
PIB's 2020 deal spend revealed
The consolidator's accounts show it spent a total of £92.8m on deals during the year, as it also reports increases in turnover and Ebitda.
Video: Das UK takes on the Ride Across Britain challenge
Insurance Cares: Follow along as the team of ten insurance professionals tackle the 980 miles from Land’s End to John O’Groats to raise money for Insurance United Against Dementia.
Willis & Company rebrands as WF Risk Group
The Belfast-headquartered business says the move follows recent growth and acquisition activity, including its deals for Kennett Insurance Brokers and Playle Russell, as it reveals it is looking to expand further.
Lucida on track to make deals following rebrand
In an exclusive interview with Insurance Age, group CEO Mike Joseph discusses the creation of the new broking group and its plans for the future.
Right Choice Holdings rebrands as Lucida
Move creates a new broking group which includes Right Choice Insurance Brokers as well as recently purchased brands such as Bennetts and Moorhouse Group.
BLW to focus on broker partnerships following Lloyd's accreditation
CEO Brett Sainty tells Insurance Age about the wholesale broker's growth plans and discusses building long-term relationships with independent regional brokers.
Das UK team hikes up fundraising target ahead of Ride Across Britain
Insurance Cares: The team of ten insurance professionals is taking on the 980 miles from Land's End to John O'Groats to raise money for Insurance United Against Dementia and the Alzheimer’s Society.
Adrian Flux's black box tech criticised by comedian Joe Lycett
Broker says it has a support team in place to "ensure that customers are not adversely affected" by discrepancies in data after it was featured in a segment on Channel 4 consumer affairs show Joe Lycett's Got Your Back.
News analysis: What does the post-pandemic future hold for brokers?
Brokers split over whether they will see a return to growth while grappling with new attitudes to remote working, work-life balance and client confidence in the aftermath of Covid-19
Brokers "cautiously optimistic" about growth as pandemic restrictions lift
But Aviva research shows expectations vary, with 42% of regional brokers predicting a decline in their business.
BLW becomes registered Lloyd's broker
The wholesale broker was bought by S&G Risk Solutions last year.
FCA updates dual pricing rules
Regulator releases policy statement with updates and clarifications to its GI pricing rules following feedback, but highlights that the changes do not affect its desired outcomes.
Endsleigh confirms redundancy consultation
The broker has opened a 30-day consultation as it prepares to transfer some of its business to owner A-Plan.
Ardonagh reveals £900m capital raise
CEO David Ross says increased firepower will fund acquisitions in the UK as well as the consolidator's international expansion.
Ardonagh reports rising income and Ebitda for H1 2021 as losses shrink
Consolidator reports loss for the period of £41.3m, while total income for the group hits £433.2m in the first half of the year.
Flock reveals expansion plans as it looks to grow in the broker space
Chief revenue officer, Christen Smith, tells Insurance Age about the drone specialist's plans for growing its broker network and launching new products.
Ross Dingwall moves to Partners& from Hiscox
Former Hiscox UK broker boss Dingwall joins Partners& as managing partner (Scotland) and will focus on expanding the broker's footprint in the North of England and Scotland.
Aston Lark Ireland buys again
Deal for Dublin-based Brassington Insurance is consolidator's sixth in the Republic of Ireland this year.