Broker
Lloyd’s finishes cyber threat investigation and starts restoring online systems
Lloyd’s has found “no evidence” its systems were compromised following an investigation into a cyber threat.
Market Moves – October 2022
The latest recruitment news from around the industry.
Products: October 2022
Product launches including cover for electric vehicles, carbon credit insurance, the media and entertainment sector and private clients.
Headline Makers: October 2022
The key stories from the past month all in one place.
Aston Lark reveals growth in final year before sale to Howden
Aston Lark has posted a 72% rise in revenue at group level to £157.6m in 2021 with organic growth in commission and fees coming in at 11%.
Lloyd’s cyber probe ‘advanced’ but online systems remain in shutdown
Lloyd’s external connectivity remains in shutdown as it continues to investigate the cyber threat that emerged last week.
BMS offsets backdated greenhouse gas emissions
BMS Group has moved to offset backdated greenhouse gas emissions arising from energy consumption in its offices, by its employees working from home, and through business travel and hotel stays for the past four years.
Beazley teams up with fintech provider to expand broker schemes
Beazley plans to expand its schemes business with brokers using a fintech platform.
Ecclesiastical survey finds stress is still major issue for brokers
According to Ecclesiastical’s latest Broker Wellbeing Survey, attitudes towards mental health are improving but stress continues to be a major issue for brokers.
Seventeen Group returns to profit in 2021
Seventeen Group has posted a 27.2% increase in turnover for 2021 to £31.2m.
People Moves: 3-7 October 2022
Follow the latest personnel changes in the insurance industry.
Backpage: October 2022
The lighter side of the world of insurance.
UK Broker Awards 2022: Broker of the Year
Almost £100m in gross written premium, a long list of strategic goals achieved, and a deal to propel the business to its next phase of growth are just a few of the reasons Clegg Gifford & Co took home the trophy in possibly our most hotly contended…
News analysis: Post FCA Covid-19 test case how are brokers finding the BI market?
Business interruption was put in the spotlight during Covid-19, as insurers insisted that the pandemic was not covered in policies, Insurance Age looks at how BI has changed since then.
Lloyd’s cuts off online delegated authority platforms amid cyber threat
Lloyd’s took swift action yesterday to safeguard its online security by resetting its systems and switching off all external connectivity after discovering “unusual activity” on its network.
Former vice presidents vow to monitor CII after motion not debated at AGM
A move to bring an independent probe into ongoings at the Chartered Insurance Institute has fallen short at the first hurdle.
Stubben Edge buys finance platform Finpoint
UK-based insurtech Stubben Edge has acquired credit broker Finpoint for an undisclosed sum.
CII elects Swiss Re’s Russell Higginbotham as president
Russell Higginbotham, CEO of Swiss Re Solutions, has been elected president of the Chartered Insurance Institute for 2023 moving up from deputy president and succeeding Peter Blanc.
Verlingue achieves ESG bronze accreditation
Verlingue has gained bronze accreditation for its ESG approach from independent assessor EcoVadis.
FOI reveals FCA insurance investigations running into thousands of days for firms and individuals
The Financial Conduct Authority closed five investigations into firms and individuals in its insurance portfolio in 2021 with each lasting over 1000 days, a Freedom of Information request by Insurance Age has revealed.
Insurance veteran teams up with iRevolution bosses for M&A vehicle
The sales and marketing director at Tradewise Insurance Services, Wayne Bradshaw, has launched a self-named company Wayne Bradshaw Acquisitions.
SJL Insurance Services launches new academy
SJL Insurance Services has ambitions to widen its talent pool with the launch of SJL Academy and has given jobs to 10 people living in or near Worcester.
Commercial Express rolls out PL excess of loss cover
Commercial Express has launched public and product liability excess of loss cover aimed at SMEs with turnover of less than £15m, and separately revealed a new partnership with Brit.
Aviva still has fizz in broker personal lines friendships after Lemonade deal, says Hemming
Aviva is “absolutely open for personal lines business”, according to Gareth Hemming, managing director of UKGI distribution & SME.