Broker
Insurance Covid-Cast episode seven: Empathetic, sympathetic and offering strategic guidance – how brokers are managing clients in lockdown
In the latest episode of Insurance Post and Insurance Age’s new series of video casts brought to you while our journalists are in isolation lockdown we discuss how brokers maintain their ‘trusted adviser’ status during these difficult time.
News analysis: Industry under pressure as backlash over business interruption continues
Legal disputes over coronavirus-related BI claims have put insurers’ responses to the crisis in the spotlight
Blog: Insurance in the lockdown
Manchester Underwriting Management's Richard Webb on how the coronavirus situation could play havoc with the PI market.
Covid-19: Are brokers taking pay cuts to get through the crisis?
After Aon stated that 70% of its staff are expected to take reductions in salary as the business tackles the economic impact of the coronavirus, other UK brokers reveal a mixed approach to the situation.
Covid-19: Broker calls on Chancellor to release Pool Re funds for BI claims
NDML is asking for some of Pool Re’s £6.6bn cash to be used to help businesses in the leisure and hospitality sector which have been hit by coronavirus.
Blog: Why the government needs to back the insurance industry
Tom Powell shares his idea to help the insurance sector overcome the BI problems
Broker featured on FSCS insolvency list
A.J. Cook Insurance Brokers has been declared in default by the scheme.
FCA zones in on client money amid Covid-19
The FCA has asked up to 300 firms to provide financial information on client money, staff furlough, debt and cash.
Arron Banks and Elizabeth Bilney agree settlement with Electoral Commission
Commission states it accepts the National Crime Agency’s conclusions that it found no evidence that any criminal offences had been committed after it investigated loans totalling £8m provided to the Leave.EU campaign from one of Banks' other companies.
Covid-19: Hospitality group forms to fight insurers over BI
The group is being advised by Mishcon de Reya and will look into claims denied by any number of insurers naming Axa, China Taiping, RSA, Touchstone, and Zurich but excluding Hiscox.
Covid-19: SME brokers eligible for government bounce back loans
HM Treasury confirmed to Biba that small and medium-sized brokers are eligible for the scheme.
Covid-19: Hiscox Action Group gets funding for BI litigation
Harbour Litigation Funding will pay Mishcon de Reya to review the claims business owners have against Hiscox.
Covid-19: Should all motor customers get a rebate?
Updated: Major insurers including Axa, Aviva, Ageas, LV and Zurich respond on automatic rebates as motor disrupters say the Admiral £25 move does not go far enough and questions are raised about the gesture.
The working from home diaries: Sharon Beckett
Insurance Age finds out how Be Wiser CEO Sharon Beckett has adapted to changes in working practices amid the Covid-19 outbreak.
Research reveals insurance claims among the most likely to succeed in courts
Law firm warns insurance sector will be under scrutiny as the level of litigation is predicted to rise as a result of Covid-19.
Ecclesiastical launches Covid-19 social media guide
The document has been developed to help brokers navigate platforms such as Twitter and Linked In throughout the outbreak.
UK Broker Awards: Open for entries
Submit your award entry today to be in with a chance of grabbing a trophy.
Insurance Covid-Cast - episode five: Could the FOS be key to help bring clarity and nix growing number of SME BI complaints
In the latest episode of Insurance Post and Insurance Age’s new series of video casts brought to you while our journalists are in isolation lockdown we discuss the ongoing confusion around business interruption cover, and what is needed to bring some…
Covid-19: RSA faces legal action in BI dispute
RSA is latest provider in firing line as nursery sector hits out and, separately, a new action group, Insurance Justice, has been set up to defend BI claims for businesses.
Gary Hoffman resigns from Hastings
Hoffman, currently non-executive chairman, was CEO of the business between 2012 and 2018 and led it through an IPO in 2015.
Covid-19: Litigation against brokers and insurers set to increase amid BI row
The market has been criticised for its response to the coronavirus crisis, particularly with regard to business interruption as providers "look down the barrel' of class action.
La Playa hit by phishing scam
Exclusive:The HNW broker apologised after one of its email accounts was compromised by fraudsters.
The working from home diaries: Norrie Erwin
Insurance Age finds out how Norrie Erwin, managing director at Carrot Insurance, has adapted to changes in working practices amid the Covid-19 outbreak.
Kingsbridge and Fresh-owner Vantage aims for £500m premium
Exclusive: CEO Jacquie Boast has restructured the business with Fresh CEO Mike Wall exiting and 75 staff leaving the business as she seeks to position Vantage for growth.