Articles by Ida Axling
Ardonagh Specialty reveals capacity deal with Beazley
Business says cross class follow capacity solution will benefit Price Forbes clients across cargo, specie, terrorism, financial products, healthcare and marine.
Acturis buys Brovada from Willis Towers Watson
Deal is the software house's second in the Canadian market.
SSP confirms job cuts as CEO Stephen Lathrope exits
CTO Kevin Gaut and COO Jim Sadler have also left the software provider, following the recent sale of SSP to Volaris Group.
Xenia buys West Midlands-based trade credit broker
The Nexus-owned business says Credit Insurance Alliance Brokers will be integrated with its Credit Risk Solutions unit.
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.
Partners& buys Nottingham-based broker
Business says deal for IFM Select supports its strategy to build its presence in the Midlands.
Mulsanne accuses Marshmallow of stealing trade secrets in court battle
Mulsanne says it has suffered loss and damage of at least £39m, as judge orders Marshmallow to disclose information relating to the case.
GRP spent £60m on 18 deals in 2020
Consolidator's financial results for the year ended 31 March 2020 show a pre-tax loss of £23.4m, but rising turnover and a 42% boost in operating profit.
Ian Donaldson lifts lid on Atlanta's Marmalade deal
The CEO tells Insurance Age about his plans in the telematics and pay-as-you-go insurance areas, as he reveals Atlanta has another five or six deals in the pipeline.
Keith Richards to exit the CII
CII confirms it will recruit new chief membership officer in due course, as Richards is set to step down at the end of June.
Towergate snaps up Swansea-based broker
Move follows hot on the heels of its purchase of the corporate retail book of business from AFL Insurance Brokers.
Ardonagh creates international unit led by Des O'Connor
Move comes as Ardonagh Global Partners makes its first deal in the United States.
Lloyd's to benefit from hardening rates as it continues to take action on underperforming business
CEO John Neal discusses Covid-19 related claims, the continuation of Lloyd's decile ten strategy and the future of the underwriting room.
Profile: Colm Holmes, Aviva GI CEO
Working together: From accountancy to insurance and from Ireland via Switzerland, the USA and Canada to London, Aviva GI CEO Colm Holmes tells Insurance Age about his global career and how brokers and insurers need to work together to face the changing…
Marsh Commercial and DRP agree settlement in legal dispute
Jelf, now Marsh Commercial, had last year accused DRP and three former Jelf employees of orchestrating a coordinated team move, breaching contracts, soliciting Jelf’s clients and using Jelf’s confidential information.
Pandemic pushes Lloyd's back into full year 2020 loss
Market forecasts customer pay-outs in relation to the Covid-19 will reach £6.2bn on a gross basis.
Call for clarity on final rules amid FCA dual pricing extension
The regulator's plan to ban the loyalty penalty is met with approval from the industry, but some criticise the FCA's approach as firms still do not know what the final rules are.
News analysis: Pandemic boom in cybercrime could spark interest in cyber cover
With the rise in remote working during the Covid crisis – and the increased opportunities for cyber criminals to attack – could brokers see an uptick in interest for cyber insurance from clients?
Aon details plans for its board ahead of AGM
Document outlines two separate scenarios based on whether or not the WTW deal goes through before the meeting in June.
Ex-Towergate and Aviva boss Mark Hodges to join RSA
Hodges will become chair of RSA UK&I once the proposed sale to Intact is completed.
Ardonagh's Ross "incredibly frustrated" with CMA over Bennetts
The CEO describes the experience, which saw the deal divested following CMA interventions, as an "extraordinary waste of money" as Ardonagh publishes 2020 results.
Ardonagh’s Ross “angry for the industry” over "ill-informed" BI backlash
Ross says an industry working group was “on the cusp” of solving the issue around Covid-19 BI claims, when the opportunity was “taken out of our hands” due to the FCA’s test case.
Das UK launches Ride Across Britain challenge to raise money for Alzheimer's Society
Ten riders from across the industry are set to cycle 980 miles from Land’s End to John O’Groats to raise at least £25,000 for the Insurance United Against Dementia campaign.
FCA reveals insurer claims payouts following BI test case verdict
Regulator says providers have paid out £192.1m in interim payments for unsettled claims and £279.8m in final settlements at it reiterates order to pay out quickly.