Commercial
PIB Group take reinsurance step with German broker buy
The business has purchased Marx Re-Insurance Brokers which is based in Munich.
Castle Insurance Services buys EW Knapton
The Durham based broker has added two branches and taken its GWP to £7m.
Insurance Covid-Cast: Insurtech 100 special – 'Wheels Focus' with By Miles, Cuvva, Inshur and Laka
In the 20th episode of Post and Insurance Age’s video series we gathered together a group of start-ups featured in the Insurtech 100 all of whom are focused on insuring ‘wheels’ in the broadest sense.
Brokers welcome momentum for FCA BI test case
Pressure groups take different paths over whether to suspend their own legal proceedings while regulator's case goes forward as it is revealed three broker wordings from Pound Gates, Marsh and Gallagher will be assessed.
Staveley Head-linked Policyplan goes into run-off
One Sure which, bought the rights to the Staveley Head brand in April, has agreed to manage the Policyplan run-off.
Insurance Age Digital Edition: June - A balancing act
The June issue of Insurance Age is available via digital platforms only due to Covid-19.
Blog: The MGA opportunity
Janthana Kaenprakhamroy, of MGA Tapoly, addresses how managing general agents might be able to help brokers solve some of the key problems the market faces in the wake of coronavirus.
Hiscox has highest number of policies highlighted by FCA test case
Seventeen wordings will be assessed as part of the test and the FCA list shows 34 Hiscox policies affected so far, as regulator says list is a "representative sample" which is "not comprehensive".
FCA names 16 insurers affected by BI legal test case
The watchdog expects the test case, to determine the validity of business interruption coronavirus claims, to be heard in the second half of July.
Blog: What is the client view of broker commission?
IdRisk's Stephen Mooney responds to Mactavish's report on broker remuneration.
Ageas partners with Victor in £60m capacity deal
Agreement sees the insurer provide capacity for Victor's products across agriculture and the third sector over the next five years.
Deal opportunities grow for Towergate as brokers seek to sell amid pandemic
Towergate’s Joe Thelwell discusses the broker’s Q1 2020 deals and reveals he is receiving calls from brokers wishing to sell as coronavirus exacerbates the hardening market.
Insurance Covid-Cast episode 16: “From feast to famine in ten days” – How the travel insurance sector is dealing with the Coronavirus with no sales
In the latest episode of Post and Insurance Age’s video series we gathered together a group of travel insurance experts to discuss how the travel insurance sector is coping with a “tsunami of claims” and whether it will bounce back post-pandemic.
Axa to pay French Covid-19 BI claims after court ruling – reports
Updated: The insurer will pay out to restaurants following a court decision that it must pay one owner two months worth of coronavirus-related cover.
Market hardening fast-tracked by Covid-19 crisis
Experts say the insurance sector has been “traumatised” by the prospect of unintended coverage for business interruption related to coronavirus.
UK Broker Awards 2020: Final days to enter
The event, which celebrates the best in UK broking, is accepting submissions until 26 May.
Insurance Covid-Cast episode 15: Has there been a rise in cyber threats and scams during Coronavirus lockdown?
In the latest episode of Post and Insurance Age’s video series we gathered together a group of cyber experts to discuss how hackers and scammers are using Covid-19 to prey on people’s thirst for knowledge and information at this time.
Biba brands Mactavish claims "opportunistic" and "wholeheartedly disputes" them
Trade body says brokers are acting in their customers' best interests and are following FCA rules on remuneration.
Ardonagh reports Q1 results
The business highlighted Ebitda and acquisitions as it points to “limited” Covid-19 impact.
Q&A: Open GI group CEO Simon Badley
Almost a year into the role as group CEO of Open GI, Simon Badley sat down with Insurance Age content director Jonathan Swift to talk about how he plans to build on existing foundations to make the software house the technology 'partner of choice' for…
Covid-19: ABI hits back following open letter from pub industry
The sector has united to highlight its disappointment in the insurance industry following the coronavirus pandemic and lockdown.
Brokers warned to keep eye on Brexit as transition looms
There is no provision for equivalence in the IDD and this means brokers with EU clients need to set up EU entities to trade in the bloc.
Aviva joins string of insurers under attack in Covid-19 BI dispute
Law firm Mishcon de Reya names Aviva and QBE and is in discussions with third party funders to fund the litigation on behalf of hospitality sector which it expects to move forward by 10 June.
UK Broker Awards: Complete your submission today
The deadline of Friday is fast approaching, so, if you have started an entry don’t forget to finish it this week!