Articles by Ida Axling
Swinton puts 268 people at risk of redundancy
Broker to close 40 branches in latest restructure.
Steve Lewis confident RSA UK will “bounce back” in 2018
Provider "not concerned" following £116m underwriting loss in 2017.
RSA UK reports falling profits in 2017
Provider posts underwriting loss of £116m as COR deteriorates to 104.3% due to catastrophe losses.
CEO Watson "encouraged" by Ageas UK 2017 results
Insurer urges government not to delay new Ogden legislation as it moves back into profit.
Ageas UK moves back into profit in 2017
COR improves to 103.2% while GWP falls slightly to £1.36bn.
FCA calls for views on how technology can simplify regulation
Watchdog believes accuracy of data submissions could be improved and costs reduced.
Biba reveals extra IPT spending
Trade body confirms extra £700m raised from 2016 IPT rise has boosted flood defences in Calder Valley, Leeds, York and Cumbria.
InsurTech Futures: Zurich unveils InsurTech and innovation brand
The Innovation Foundry to focus on partnerships with InsurTech firms and assessing new ideas faster.
Majority of brokers say GDPR will have negative impact
Research by Ecclesiastical also shows lack of knowledge in the broker sector about the incoming legislation.
Coversure expands into Scotland with new Falkirk office
The branch is owned and run by Graham Lilley and follows openings in Leeds, Crawley and Bingley.
BBC’s terrorism insurance spend nudges up in 2017
The insurance industry has also grown its focus on terrorism insurance products following recent attacks.
Nexus Group buys MGA Apsley Specialty
Nexus says deal expands its directors and officers and financial institutions offering which it wants to grow to £35m of GWP by 2020.
Biba repeats call for separate FSCS levy pot for brokers
The ABI has also responded to the FCA's consultation on the levy, arguing that insurers should not have to pay for "adviser failures".
Former Axa director Matthew Reed launches healthcare MGA
Equipsme to sell SME product through general insurance brokers targeting 30,000 firms in two years.
The Blog Spot: Female insurance bosses wanted
Insurance needs to change its “pale, male and stale” image and allow more women into the boardrooms, writes Ida Axling.
Allianz looks at buying XL Group - report
Insurer wants to grow its US property & casualty business, according to Bloomberg.
Beazley profits dip due to catastrophe claims
Lloyd's provider "more focused on the UK" as it looks to grow its presence in Birmingham.
InsurTech Futures: Start-up Zoe looks to replace brokers with AI
Former Aviva man aims to build an AI driven broker able to give "better advice than the human broker" following £400,000 funding round.
Profile: Julie Page, Aon Risk Solutions' CEO
CEO Julie Page explains how the “strong alignment” between Aon Risk Solutions and Hendersons drove the recent acquisition and why the industry still has to get to grips with equality and diversity
Brokers "resigned" as more SSP problems hit users
SSP customers experience fresh system outages as software house confirms performance issues with its Pure Broking platform.
InsurTech Futures: Homelyfe promises insurance cover in under four minutes
App-based provider launches home and contents product.
Treasury delays IDD transposition into national law
Move follows the European Commission’s proposal to push back the application date to 1 October 2018.
Quizzical questions: 2 February 2018
Test your knowledge of the week's news with our topical quiz.
Gang collared after £95,000 card scam on 1st Central uncovered
Thirteen fraudsters were sentenced for conspiracy after the fraud was found out and reported to IFED.