Commercial
Lloyd’s sets out climate action roadmap
Lloyd's reveals steps towards achieving net-zero across the industry after having been accused of 'shameless greenwashing' in a recent paint attack.
Tasker to push forward with more deals
CEO Robert Organ highlighted how recent buy, PI specialist Insure Risk, was a good fit for the business and chats through its move to join Jensten.
Former rugby star joins Ardonagh
Rory Best is set to take on a corporate leadership role in the global broking business.
Tasker buys Insure Risk
The move follows Tasker becoming part of the Jensten Group earlier this year.
Extinction Rebellion hits Lloyd’s in paint attack
The activist group said it threw green paint over the Lloyd’s building to highlight “shameless greenwashing”.
Inperio expands terrorism capacity
The MGA says its improved cover will allow the company to support more complex risks.
Qlaims targets further growth after expansion into personal lines
Newly appointed CEO, Liz Latter, tells Insurance Age about the company's new personal lines offering and how MGAs and brokers can work together to support customers.
Sabre reports COR of 74.4%
Results for H1 show GWP drop as motor specialist prioritises profitability over volume, joins Saga panel and flags creation of temporary insurance product in H2.
Allianz restructure sparks mixed reactions
Brokers say senior exits at the provider lead to “some concern but also some opportunity” as the insurer is slammed for focusing on larger corporate consolidator relationships in recent months.
Gallagher divestment deal aborted after WTW/Aon merger breaks down
Gallagher had been set to buy £3.6bn of WTW assets including Willis Re as part of Aon/WTW divestment plans ahead of their proposed combination.
Ardonagh creates European unit led by Conor Brennan
The Dublin-headquartered business will operate alongside Ardonagh Global Partners with plans to expand across Europe.
Beazley returns to profit in H1 2021
Provider reports a COR of 94% as GWP rises by 22%.
ABL boss targets further expansion after WTW buy
CEO Maurice Boyd tells Insurance Age how the recent WTW purchase came about and outlines the GRP-owned firm's future ambitions.
GRP buys WTW's Northern Ireland business
The portfolio will be integrated into GRP-owned ABL Group, doubling the Belfast-based broker's GWP to £107m.
Firms must respond to FCA pricing reform survey by 9 August
The watchdog, which announced new rules earlier this year, is canvassing brokers about their readiness to implement the remedies.
News analysis: Travel brokers and the challenges of Covid-19
As travel slowly starts to pick up again, Rachel Gordon investigates how specialist travel brokers have coped during the past 16 months of turmoil for this exclusive report.
Beazley report urges insurance industry to drop "one-size-fits-all approach"
The study shows it is time for a service rethink when it comes to the insurance relationship as 44% of respondents do not believe insurers understand their business.
Blog: Take flight with drones
Iprosurv's Rebecca Jones explains why drones can be a key tool in a broker's risk management and claims armoury.
FCA fines totalled £189.8m in 2020/21
The total amount fell by 15% from £224.4m in 2019/20 as the regulator also outlines its response to the pandemic and other actions taken last year in its annual report for 2020/21.
Supreme Court issues BI declarations
The Financial Conduct Authority published the document on its website alongside a table to show relevant declarations by policy type.
Verlingue UK reports growth in 2020 financial results
The broker also revealed a plan to triple its international turnover and to grow its position as a large independent European broker.
FCA Business Plan a "significant change of tone"
Industry experts say firms need to focus on fair value after the regulator reveals plans to be tough and forward-looking.
Brokers commit to flexible working model as Covid restrictions lift
Insurance Age talked to brokers to find out what their plans for returning to the office are and what long term impacts they believe the pandemic will have on working environments.
Broker NDML and night time industry agree £5.2m BI claims settlement with Hiscox
The settlement follows on from the Supreme Court judgment in the FCA's BI test case in January.