Commissioning editor, Insurance Age
Laurence has been commissioning editor at Insurance Age since May 2019. He has a background in financial and academic publishing, and previously developed content for the Chartered Insurance Institute.
Outside of work, Laurence enjoys making the most of his new home borough Hammersmith. He also likes record collecting, the theatre, and live music.
Insurance Age found that brokers are disappointed by the timing of the 3% rise, as well as anticipating an impact on the bottom line.
Evans quoted the figure in a letter defending the response of insurers to the pandemic.
The Insurtech UK chairman and Wrisk executive chairman said the “mini meteorite” of Covid-19 has put insurtechs at risk of underfunding.
Insurers point the finger at increased claims and unexpected Ogden rate change in a challenging year
The insurtech body has signed an open letter seeking additional support for start-ups from the government, as well as warning insurers against turning away from insurtech partners.
Industry body says the total will dwarf the £148m record reported in 2010.