Broker trade body says it hopes the industry can move on following the High Court's decision yesterday and that any appeal will be “sorted out quickly” for the sake of policyholders.
Government body says Ardonagh and Bennetts have five working days to address the CMA’s concerns, after it found that the merged company would face “only little competition” from other much smaller motorcycle insurance specialists.
MD Simon Mabb, along with the Night Time Industries Association, says he is both “pleased and frustrated” at the ruling from the High Court, as he notes Hiscox claims have been deemed legitimate, but the QBE result is “still unclear”.
The High Court has ruled that the majority of businesses who held business interruption insurance and were forced to close could be entitled to be compensated by the insurers.
Software house says Tasker moved its retail broking business across during the Covid-19 lockdown, with part of its product distribution for the underwriting business set to follow later this year.
Body urges industry to work on product governance, improving advice processes and establishing an approach to pandemics.
The society looks at the long-term financial and economic impact of the pandemic as it reveals its plans for the next year.
Covernet’s Jim Campbell explains what algorithms can do for brokers.
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.
The changes follow redundancies and the consolidation of some centres following the promotion of Jacquie Boast to CEO in early 2020.
Tune in to find out who has taken home the coveted trophies as we unveil the victors.
Peter Blanc says London Market is priority for the broker and reveals MGA/underwriting hopes as the business buys Lloyd’s broker Brunel Professions.
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”.
Keep up to date with the latest people moves.
Business also posts pre-tax loss of £55.5m for the first six months of 2020.
Tune in to Insurance Age at 12.00 on Friday to see who will take home the coveted trophies.
Insurers will find out next week if their denial of coronavirus business interruption claims is legal.
Market reveals a loss of £0.4bn and a worsened COR in its financial results for H1 2020.
Compliance specialists say brokers should make sure their procedures are in line with the expectations of the FCA.
Check out the results of Insurance Age’s annual study into the top 50 brokers and providers in the personal lines market.
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
Trade body says move will enable brokers and their customers to collect Visa, Mastercard and Amex payments through their software houses.
The initiative is trying to raise the sum each year to develop a visitor centre, make a documentary series and develop educational outreach.
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.