Commercial
Axa XL pushes forward with building health monitor
Digital Risk Engineer uses Internet of Things devices to monitor and capture information about buildings.
Parametric insurtech FloodFlash targets bigger risks with new launch
Insurtech FloodFlash has launched a new iteration of its parametric commercial flood insurance designed to support risks and portfolios where the flood premium is between £20,000 and £1m annually.
Shuker and Howden lift lid on A-Plan deal
The sale of A-Plan to Howden is believed to be valued at up to £700m.
Biba teams up with Flock on drone insurance scheme
Biba says the scheme, which is underwritten by A+ rated capacity, will allow its members to easily access cover for small businesses, global operators and large fleets.
Howden buys A-Plan to create £4bn GWP broker
Carl Shuker will continue to lead the personal lines specialist.
Beazley revises Covid-19 claims estimate up to $340m
This is up from April’s $170m prediction, however, the insurer said it did not expect the outcome of last week’s FCA business interruption judgment to have a material impact.
Brokers believe BI dispute is "far from over" after test case judgment
Experts discuss next steps for brokers, industry reputation and expectations from clients after the High Court delivered an outcome that differed across the policy wordings under scrutiny.
Test case insurers respond to High Court BI judgment
Some providers involved in the business interruption test case are considering an appeal, while others welcome the result.
Biba urges industry to be mindful of its reputation after BI judgment
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.
BI ruling welcome news for policyholders but result differs by wordings
Disease and ‘hybrid’ wording policyholders are particularly well placed to seek compensation after the landmark High Court judgment today in the FCA's BI test case and those with prevention of access wordings may also find they have cover, law firm…
Hiscox expects less than £100m of Covid-19 BI claims after court ruling
The High Court today found in favour of the FCA and policyholders on the majority of the key issues under scrutiny in the business interruption test case.
High Court finds in favour of small businesses and the FCA on majority of issues in BI case
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.
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.
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.
Allianz to close Liphook operation
The insurer is proposing to move its engineering, construction and power teams, based in Liphook, to its Guildford headquarters 17 miles away.
Video: How coronavirus has changed the business landscape
Insurance Age content director, Jonathan Swift, talks to MS Amlin's senior e-trade underwriter,Chris Morgan, about how insurance must adapt to the developing needs of customers as the pandemic acts as a catalyst for change.
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.
Brokers under attack as FCA identifies "risks of harm" in sector
In a Dear CEO letter, Roma Pearson, head of retail GI, calls on brokers to address their strategies and improve their governance and warns the watchdog will take action.
UK Broker Awards: Tune in on Friday
The winners will be revealed from 12.00 on 11 September on the Insurance Age website.
Shareholders approve $30bn Aon/WTW deal
The agreement was originally announced in March this year and will see the creation of the world’s largest broker.
Ecclesiastical launches hub for education brokers
The platform has been designed to help brokers and their clients manage strategic and operational risk as schools re-open amid the Covid-19 pandemic.