Articles by Insurance Age staff
BGL Group confirms redundancy consultation
It is believed 134 jobs are at risk at its Peterborough headquarters with a further 116 under consultation at other locations.
UK Broker Awards – Entries now open
Celebrate your success and submit an entry for the Insurance Age UK Broker Awards.
People Moves: 8 - 12 March 2021
Stay informed of all the personnel changes across brokers and insurers.
Insurance Hound: Most read by brokers in February 2021
Which topics have been sparking brokers’ interest?
MGA Arkel adds its Adapt product to SSP
The household insurance proposition will be available on the software house’s broker platforms.
Aviva risk report highlights broker role
Insurance Age takes a first look at the Aviva Risk Insights Report which considers Covid-19, Brexit, cyber, climate change and the part of brokers.
Market moves - March 2021
The latest recruitment news from around the industry
Third deal in a week for Aston Lark
Bristol-based broker Venture Insurance has joined the Peter Blanc-led business.
Profit and turnover up for Admiral Group
Profit before tax was driven by strong reserve releases and lower claims frequency.
MGA Generation Underwriting signs capacity deal
The deal doubles property capacity for the MGA which is part of broker Willis IRM.
JM Glendinning buys Staffordshire broker
JM Glendinning has acquired specialist insurance services firm Nowell & Richards for an undisclosed sum.
Aston Lark buys Magenta Insurance
The MGA is chartered and based in East Anglia.
People Moves: 1 - 5 March 2021
Stay up-to-date with the latest personnel changes in insurance.
Insurance Age Digital Edition: March: Technology at hand
The latest issue of Insurance Age is digital only due to the most recent lockdown.
Iprism develops unoccupied property product
The MGA said it developed the proposition in anticipation of a spike in empty properties due to post-Covid disruption.
RSA UK COR deteriorates to 101.8%
The insurer said the UK figures were “heavily impacted” by Covid-19 and, excluding the pandemic the UK COR was 95.8%, as CEO Hester reflects on group performance since 2014 and flags exit.
Axa UK & Ireland P&C COR improves to 96.2%
The provider’s 2020 results showed that, despite a fall in revenue, COR improved as P&C business in the UK reports growth in personal motor and commercial lines.
Iotatech launches policy admin platform for brokers
The proposition is also appropriate for MGAs and insurers and offers multi-line policy administration.
Ageas reports 95.2% COR
The improved position was down to lower motor claims due to the lockdown as the insurer reports growth in broker deals for household and commercial.
Some progress but still problems as Lloyd’s publishes culture survey
Since the last survey in 2019 4% of workers have witnessed sexual harassment, despite the 2020 lockdown, and just 57% feel concerns are listened to.
People Moves: 22 - 26 February 2021
Stay up-to-date with the latest personnel change in insurance.
WTW and Liberty Specialty Markets launch reputational crisis product
The proposition enables transfer of financial risk and is powered by AI data analysis.
Zurich takes stake in MyPolicy
The provider has also joined the panel of the analytics and telematics specialist.
Eldon/Leave EU ICO fine appeals dismissed
The broker, now known as Somerset Bridge, still faces a fine of £60,000 and the Leave organisation, which campaigned for Brexit, faces a £45,000 fine.