Commercial
Covid-19: FCA calls on insurers to pay valid claims quickly
Regulator tells firms who refuse to pay out to explain why and how they believe it represents a fair outcome for customers.
Blog: What next for commercial motor?
Steve Green of Anthony Jones Insurance Brokers considers the future for the sector as the Covid-19 pandemic bites.
Government calls on Amanda Blanc to lead flood inquiry
Blanc will head up a review following the Doncaster 2019 flooding to learn why victims did not have the right cover.
Insurance Covid-Cast - episode two: What are insurtechs doing to rebalance the bad publicity around insurance and Covid-19?
In the second of a new series of video casts brought to you by Insurance Age and Insurance Post while our journalists are in isolation lockdown we discuss how insurtechs are seeking to create positive customer stories to redress the negative media…
Covid-19: Broker M&A numbers predicted to drop
But the consolidators say their models have not changed as a result of the coronavirus.
Ethos Broking buys Compass member
The organisation purchased Hughes & King for an undisclosed sum adding £4m in GWP to its business as it presses on with pipeline amid Covid-19.
Blog: When is a consolidator, not a consolidator? The question Barton, Jelf and Reid’s Partners& hopes to answer
This week saw the launch of new broking business Partners&, bringing together a quintet of players to form a business which is positioning itself as distinctly anti-consolidator. Insurance Age content director Jonathan Swift looks at what this means; and…
Partners& shoots into Top 100 with £65m GWP
Phil Barton, alongside Stuart Reid and Chris Jelf, has formed the broker from MRIB and Independents, La Playa, CGI and Versatile, with initial £25m investment from Capital Z.
Commercial director Euros Jones leaves LV
Move comes after LV completes the transfer of its commercial lines business to Allianz.
Covid-19: UK claims will pass £1bn, says Huw Evans
Evans quoted the figure in a letter defending the response of insurers to the pandemic.
Brokers under strain as they support hospitality clients
Covid-19: Brokers battle colossal workloads as they look to help customers change policies and maintain cover.
Phil Barton and Stuart Reid launch broker
The venture, which is a combination of five existing brokers - MRIB and Independents, La Playa, CGI and Versatile - is led by former Jelf boss Barton, with Chris Jelf as commercial director.
Meet the MGA: Bewica
Education, prevention and insurance: Eva Berg-Winters, founder and CEO at Bewica, shares her company’s approach to cyber with Insurance Age
ReSolution Underwriting buys Trilogy MGA
MD Chris Blackwell will continue to lead Trilogy as the MGA states it does not expect any changes to the business following the deal.
In-depth - liability: Are D&O rates being held captive?
With rates down and claims up, brokers are facing a new reality in the directors & officers market. Martin Friel reports
Blog: Pandemic - what is covered?
Biba's executive director, Graeme Trudgill, addresses the big question around business interruption and Covid-19.
In-depth - liability: The future of construction PI
Are there any solutions to the loss of capacity and increasing premiums in construction PI? Martin Friel investigates
Business Secretary states most firms have “not purchased” Covid-19 cover
John Glen said the government is in continual dialogue with insurance sector as he restates companies without the right cover will require support from elsewhere.
Blog: Open or closed - the branch dilemma facing brokers
As the first working week of self-isolation comes to a close for many, Insurance Age content director Jonathan Swift looks at the stance brokers are taking in terms shutting up shop or keeping their branches open.
Broking success: Richard Hames, M&DH Insurance Services' managing director
Building a broker: M&DH Insurance Services’ managing director Richard Hames tells Insurance Age why the construction and manufacturing specialist is focused on growth and how the broker is overcoming the current challenging market.
Covid-19: Confusion over rent guarantee insurance
Broker refuses to sell rent guarantee cover amid the coronavirus crisis as it forces landlords to evict tenants in order to kick in.
Q&A: Polaris managing director Vivek Banga
Polaris celebrated 25 years last year and also had a MD change with Vivek Banga taking the top spot. Banga catches up with Jonathan Swift about the future of e-trade and the role brokers can play.
Covid-19: ABI clarifies position on business insurance
The insurance industry has faced a customer backlash as most commercial policies do not cover for business interruption caused by pandemic.
Covid-19: Government addresses nation on pandemic BI cover
Government says insurers will cover pandemic but ABI insists this changes very little as most do not have this type of cover.