Articles by Ida Axling
FCA orders insurers to pay claims swiftly following Supreme Court ruling
In a letter to insurers, FCA executive director Sheldon Mills, urges firms to reassess and settle valid BI claims.
Aviva’s Patrick Tiernan moves to Lloyd’s
Tiernan will take up the newly created role of chief of markets.
Aviva confirms office closures amid restructure
The provider says it will retain presence in all cities and towns where it currently has offices and notes the move will not result in any redundancies.
Biba reveals measures to help brokers in light of Supreme Court judgment
Trade body to issue package of guidance and host a webinar to help members "manage some difficult conversations" after brokers are inundated with calls from clients hoping to claim.
BI test case: Brokers buried under avalanche as clients clamour to claim
Brokers say national press coverage has led to confusion and a massive increase in client calls as they await communication from insurers on how to proceed.
RSA shareholders say yes to £7.2bn takeover
Canadian provider Intact and Danish insurer Tryg made a cash offer for RSA in November 2020.
US giant, AssuredPartners, plans to double UK turnover as it hits M&A trail
David Heathfield, CEO of the US-based broker’s UK arm, discusses its recent deal to buy Borland Insurance and reveals ambitious UK growth plans.
Analysis: Gaps in the market
Where does Gallagher’s buy of Bollington Wilson leave the independent broker space?
Test case insurers promise action after Supreme Court defeat
Providers pledge to review claims and contact customers after the Supreme Court sided with the FCA and policyholders in the final verdict over payment of BI claims arising from Covid-19.
Supreme Court rejects insurers' appeals in BI test case judgment
The court also concluded that the Orient Express case, which insurers relied on during the hearing, was wrongly decided and should be overruled.
US-firm AssuredPartners buys Borland Insurance as it grows UK footprint
Borland is headquartered in Scotland and the deal follows AssuredPartners' purchase of Birmingham-based Hettle Andrews & Associates in 2019.
Inflexion plans to build another "powerhouse" UK broker after Bollington sale
Partner Carl Wormald tells Insurance Age he is keen to build up another UK regional broker following the private equity provider's sale of Bollington Wilson to Gallagher.
Bollington deal to “supercharge” Gallagher’s presence in the North West
UK Retail boss Michael Rea discusses the thinking behind Gallagher’s deal to buy Bollington and confirms it is looking to make further acquisitions.
Finch buys Compass member Headley Group
Headley brings over £13m in GWP to the Ethos-owned broker.
Hardening market behind New Dawn Risk's UK move
CEO Max Carter and head of UK Broking Tom Malcolm discuss the Lloyd's broker's new venture and why they hope to partner with regional brokers.
BLW takes director from Gallagher as it expands into Scotland
Sandy Brownlee joins the wholesale broker to maintain and develop relationships with Scottish brokers and direct customers.
New Dawn Risk targets regional brokers
The Lloyd's broker has set up a UK division in order to partner with regional providers and offer direct products.
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.
Seventeen Group reports rising turnover and Ebitda
Group CEO Paul Anscombe says the business is set to make acquisitions in the first half of the year, after pausing its deal-making plans in 2020 due to the pandemic.
Seventeen Group creates Germany-based broker in response to Brexit
Lloyd's broker London Re, headquartered in Düsseldorf, has been launched in collaboration with German broker MRH Trowe.
Beckett exits Be Wiser CEO role after one year
Former Endsleigh boss Jeff Brinley takes over after joining the motor specialist as CFO in November last year.
Markerstudy posts loss for "consolidation year" 2019
MGA confirms it is in discussions with Qatar Re after missing the deadline to pay back its near £200m loan, as it seeks fresh third party investment.
Ataraxia targets ten more deals in 2021
MD Adam Boakes discusses its most recent investment, working with Peter Cullum-backed Minority Venture Partners and how the pandemic has affected the business.
Compass London Markets teams up with Bishopsgate Insurance Brokers
Parent company Ardonagh says move will give UK brokers access to the Lloyd's market and follows its deal to buy Compass owner Bravo Group in August 2020.