Broker
The Society of Insurance Broking pledges to support broker recovery from Covid-19 impact
The society looks at the long-term financial and economic impact of the pandemic as it reveals its plans for the next year.
Blog: Everything you were afraid to ask about algorithms
Covernet’s Jim Campbell explains what algorithms can do for brokers.
Kingfisher issues legal proceedings against Fresh sellers
CEO Jacquie Boast says the business uncovered fraudulent behaviour at Fresh, which it bought in 2018, while undertaking its recent change programme and has filed a high court claim for up to £25m.
Vantage reveals 130 job cuts as it rebrands as Kingfisher following restructure
The changes follow redundancies and the consolidation of some centres following the promotion of Jacquie Boast to CEO in early 2020.
UK Broker Awards: Winners revealed
Tune in to find out who has taken home the coveted trophies as we unveil the victors.
Aston Lark focuses on London Market
Peter Blanc says London Market is priority for the broker and reveals MGA/underwriting hopes as the business buys Lloyd’s broker Brunel Professions.
Legal spat between Jelf and DRP continues
DRP denies client and staff poaching claims and accuses Jelf of unlawfully accessing private conversations, while Jelf replies that DRP's defence contains “much irrelevant and often inaccurate information”.
People Moves Round-up: 7 - 11 September 2020
Keep up to date with the latest people moves.
Saga confirms £150m capital raise and investment from ex CEO Sir Roger De Haan
Business also posts pre-tax loss of £55.5m for the first six months of 2020.
UKBA winners revealed at 12.00 tomorrow
Tune in to Insurance Age at 12.00 on Friday to see who will take home the coveted trophies.
D-Day for industry as FCA reveals date for BI judgment
Insurers will find out next week if their denial of coronavirus business interruption claims is legal.
Lloyd's expects to pay out £5bn in coronavirus claims
Market reveals a loss of £0.4bn and a worsened COR in its financial results for H1 2020.
Brokers urged to take FCA letter on "risks of harm" in sector seriously
Compliance specialists say brokers should make sure their procedures are in line with the expectations of the FCA.
Who are the top 50 personal lines brokers?
Check out the results of Insurance Age’s annual study into the top 50 brokers and providers in the personal lines market.
In-depth - High net worth: Water torture
Escape of water claims can be very expensive, but convincing clients to install leak detection systems could save brokers and customers time, money and a lot of inconvenience. Sam Barrett writes
Biba adds Fidelity Payment as an associate member
Trade body says move will enable brokers and their customers to collect Visa, Mastercard and Amex payments through their software houses.
Insurance Museum looks to raise £3m
The initiative is trying to raise the sum each year to develop a visitor centre, make a documentary series and develop educational outreach.
Carrot calls on government to cut IPT for young drivers using telematics products
Broker says telematics insurance reduces young driver accidents by over 40% and adds that it saves on average £5m each year in lower claims costs.
In-depth - High net worth: Opportunities in a tough market
Rising rates, withdrawing providers and the Covid-19 crisis have hit the high net worth market, but customer service and clever use of technology could help brokers win and retain clients. Sam Barrett reports
CII to sub-let office in Walkie Talkie
The body made the controversial move to Lombard Street from its historic Aldermanbury home in 2018.
Lockton accused of forging insurance documents
Property investor Aubrey Weis has alleged that the broker made “false and dishonest representations” regarding settlement of an insurance claim.
Insurance Industry Steps Up for Dementia
This autumn, the insurance industry is coming together again to help fight dementia with the ‘Step Up for Dementia’ Challenge. Insurance United Against Dementia (IUAD) has launched the fundraising initiative to unite the industry in the build up to this…
Home insurance premiums fall after Covid-19 lockdown
Figures from Consumer Intelligence shows average buildings and contents policies fell by 0.3% in the last three months.
Aon leads coalition on post-coronavirus ‘new normal’ ways of working
The broker will assess how best the city can operate in a post-Covid environment.