Insight
ESG round-up - March 2022
In our quarterly update, Insurance Age examines what the insurance world is doing to support the environmental, social and governance agenda.
Insight: Creating the right pitch will benefit both insurer and broker
Jonathan Forster, of Travelers, outlines the best ways to build a lasting partnership
Zego teams up with Aviva on fleet policies
Usage based and flat rate policies will be available to trades and haulage fleets in the UK containing between five and 500 vehicles via direct sales and brokers.
NIG posts policy count and GWP rise for 2021
Owner DLG reported gross written premiums of £3.17bn with profit after tax of £343.7m.
Ecclesiastical Insurance’s parent rebrands as Benefact Group
Ecclesiastical Insurance and all of the group’s other trading brands including brokers SEIB, Lycetts and Lloyd & White will continue to operate under their own names.
IWD: The view from the top
Key female insurance figures consider how far women have come in the sector on International Women’s Day.
Brown & Brown takeover of GRP will open up shareholder opportunities for staff
New owner says GRP has found its forever home and will back further acquisitions.
US giant Brown & Brown to buy GRP
Consolidator confirms no changes to management team, headcount and brands under new owners, the sixth largest broker in the world.
ERS posts COR of 98%
The insurer noted there was a reduction in demand in motor but growth in commercial.
People moves: 28 February - 4 March 2022
Keep up to date with the latest industry news.
GRP-owned County Group buys PG Insurance
The consolidator ramps up its acquisition plans with fifth deal of the year.
Lloyd’s open for growth but demanding sustainable performance
Market leader stresses remediation is not a ‘once and done’ exercise as focus increases on catastrophe risks.
In Depth: Standing out in the schemes market
Sam Barrett speaks to experts about how to develop successful schemes across a range of niche areas
Opinion: Wellbeing at work
Specialist Risk Group’s Warren Downey considers how leaders need to adapt to ensure happy and healthy teams
Ecclesiastical to expand schemes book with new hire
The Gloucester-based insurer boosted its schemes team with the appointment of Simon McGill.
Industry braces for "very active few weeks" following Axa vs Wolseley BI ruling
Market experts think the Axa and Corbin & King verdict could spark a chain reaction in the insurance industry, leading to a reopening of claims and renegotiated settlements.
SSP adds Percayso Inform to platform
The software house said it made the move to broaden its data enrichment capabilities.
UK brings in sanctions blocking Russian access to aviation insurance
AM Best put ratings of suite of Russian insurers and reinsurers on negative watch at the start of the month.
Admiral reports increased profit and turnover
Profit before tax hit £769m, a 26% uptick on the 2020 result as it flags plan to move into small business insurance.
High commission rates factor in Hiscox UK personal lines pull back
The insurer also ended agencies with brokers and revealed it will be looking to double UK business under incoming leader Jon Dye.
Broking Success: Gearing for growth
Richard Amphlett, Cox Mahon managing director, who is also the High Sheriff of Worcestershire for 2021-2022, spoke to Insurance Age about the company’s history, the challenges surrounding professional indemnity, and his plans to triple the business in…
Pool Re ups retro cover to £2.5bn
The three-year agreement triggers if losses top £400m in a year.
Aviva UKGI reports £318m operating profit
This is up from £182m in 2020 as the business also flags GWP of £4.9bn, up from £4.6bn in the previous year.
Analysis: Spotlight falls on personal lines amid consolidation frenzy
After a record breaking year for deals by value and volume, specialists analyse what is driving the market and where the acquisition rush will go next. Emmanuel Kenning reports.