Editor, Insurance Age
Siân joined Insurance Age in 2014 as commissioning editor and since then has broken a series of exclusives while looking after features and leading on roundtable coverage for the magazine.
In her spare time Camden-dweller Siân enjoys adding to her fledgling vinyl collection, the cinema, running and reading. She also likes to escape the city as often as she can in order to go horse-riding and enjoy the countryside.
The insurer said it was planning to retain at least 700 of the 900 staff moving across with the Co-op’s underwriting business following union complaint.
The CEO said that as part of this there may be some market withdrawals and “difficult” decisions as she reaffirms Aviva’s commitment to brokers as UK COR soars amid Covid-19.
The deal values Hastings at around £1.66bn as the provider also publishes half year results.
Unite said the deal is a “betrayal” of the Co-op philosophy as trade union predicts 200 jobs at risk once deal goes through.
The #justpayit campaign has highlighted that some providers are reducing BI payouts to businesses which have received government support grants.
The backing comes from A-rated capacity and lasts for three years.
Sampo Oyj has approached the business along with Rand Merchant Investment Holdings.
The motor insurer said it had continued focus on a strategy of prioritising underwriting profitability over volume whilst reflecting Covid-19 impacts using a data-driven pricing approach.
LV General Insurance has revealed “worst case scenario” of up to 600 job cuts as it restructures and integrates L&G.
Exclusive: The broker has handed back cash following an internal review and admits some clients were not offered the most competitive terms between 2012 and 2018.
The regulatory body must make a decision on whether to refer the merger for further investigation by 16 September this year.
The regulator has published a consultation paper on amending its rules in the wake of coronavirus.