The insurer said the UK figures were “heavily impacted” by Covid-19 and, excluding the pandemic the UK COR was 95.8%, as CEO Hester reflects on group performance since 2014 and flags exit.
Beazley Digital was developed in response to growing demand for e-traded products from brokers and clients and will be led by COO Ian Fantozzi.
COR also improved, while GWP was down on 2019 after a number of products lines were "materially affected" by Covid-19.
Provider to bring new capacity to the London Market at a time of "unprecedented upheaval" in the D&O sector, with the aim to reinvent the way the industry operates.
The provider’s 2020 results showed that, despite a fall in revenue, COR improved as P&C business in the UK reports growth in personal motor and commercial lines.
It has bought Advance Insurance Agencies to act as a specialist personal lines hub for its franchisees and broking operation.
Five Insurance Brokers specialises in the construction, manufacturing and process, haulage, motor trade and warehousing sectors and will become an appointed representative of GRP.
Stuart Kilpatrick, of Burns & Wilcox, a HW Kaufman company, considers how the tough market could evolve in a post-Covid world.
The improved position was down to lower motor claims due to the lockdown as the insurer reports growth in broker deals for household and commercial.
Deal includes two niche brands - Self-Build Zone and Build-Zone - as well as technical surveying and risk management business Build-Zone Survey Services.
The proposition enables transfer of financial risk and is powered by AI data analysis.
IMAS analysis highlights “sobering conclusions” for buyers as potential targets diminish but broker M&A still reports record year in 2020.
UK CEO Jon Dye discusses the business interruption test case and why communication with brokers is critical, after Allianz revealed its total impact of Covid-19 BI claims in 2020 was £175m, net of reinsurance.
CEO Steve Treloar explains the consultation process is now complete after the provider last year put up to 600 roles from across LV and L&G at risk as part of a restructure.
PI and property rates were hit hard following the Grenfell fire horror. Martin Friel investigates the wider insurance implications but is met with deafening silence from providers as brokers sound the alarm.
Tigon focuses on travel and Covid-19 cancellation cover as Rock seeks to diversify.
The takeover, which includes Marsh ProBroker, Bluefin Network and Purple Partnership, will see David Hopwood continue to lead the combined networks business as part of the GRP executive team, as group CEO Mike Bruce promises there will be no redundancies.
Regulator says Supreme Court decision gives insurers the clarity they need to conclude their claims processes with most of their BI customers but a few issues still remain as parties make written submissions to the Supreme Court.
Resilium, a network with 150 ARs across Australia, has joined the consolidator.
The products are designed to protect producers against the risks that can cause films, TV and other forms of programming to be called off or delayed.
Managing director Richard Willis tells Ida Axling about the broker’s acquisition and growth plans and reveals the thinking behind launching a new MGA offering.
Floodflash founder CEO Adam Rimmer talks to Insurance Age content director Jonathan Swift about how it paid a Storm Christoph claim in January within 9 hours and 44 minutes.
Aviva’s Dave Carey discusses pandemic-related challenges for SMEs and what brokers and insurers can do to help.
Managing General Agents Association CEO Mike Keating talks to Insurance Age content director Jonathan Swift about the hot topics impacting his members and their broker partners.