Insurer
The Insurance Age Podcast: 20 September 2019
The Insurance Age team unpick the most recent and most popular stories.
Markel not going into broking following Caunce O'Hara deal
Divisional MD, Neil Galjaard, says Markel will retain the Caunce O'Hara brand and keep all twelve staff, after buying the broker's contractor and freelancer business.
Quizzical questions: 20 September 2019
Test your knowledge of the week's news with our topical quiz.
Granite to create 300 new jobs
Liverpool-based Granite, which sits behind Acorn, is set to expand following funding deal with Inflexion Private Equity earlier this year.
Saga considering sale of Bennetts for second time, say reports
Reports suggest Saga is now under pressure from new investor Elliott Advisors.
Ecclesiastical's John Blundell to retire in 2020
Blundell, UK general insurance MD, has spent 35 years in the insurance industry and joined Ecclesiastical from Covéa in 2016.
Saga profits plummet in all operating areas
Underlying profit before tax fell 22.6% in retail broking and 53.3% in underwriting.
15,000 insurance workers become Dementia Friends
Insurance Cares: The sector has embraced the Insurance Age/IUAD pledges to help vulnerable customers.
Uber boss joins Inshur following partnership deal
InsurTech Futures: Simon Logan, who has also worked as head of legal at RSA, moves to start-up Inshur following its partnership with Uber.
Lloyd's reveals soaring profit for H1 2019
COR did decline to 98.8% as Lloyd's puts transformation plan in place and vows to tackle sexism at the insurance market.
Azur unveils two new HNW products
Azur Niche is aimed at clients who might be considered higher risk than normal, while Unoccupied covers properties that are for sale, undergoing renovation or not permanently lived in.
YouGov report reveals 73% of policy holders shop around for insurance
Report also found that only 14% of consumers use word of mouth when in the process of switching their insurance.
CII masters degree available remotely
The MSc in Insurance and Sustainable Risk can now be completed from anywhere in the world.
Clive Edwards becomes CEO of Aspen Insurance UK
Provider reshuffles management team as Edwards succeeds Mike Cain.
Tokio Marine Kiln restructures management
Charles Franks steps down as CEO and moves to assume new responsibilities within Tokio Marine Group.
FSCS pays out to Lamp GAP and health customers
Gibraltarian insurer went into liquidation at the end of May.
Hobbs reveals Allianz’s £35m debut at Lloyd’s
Lloyd’s box added 4,000 new customers to the insurer in its first year of trading.
Vibe Syndicate Management closes business units
The Lloyd’s MGA is to cease underwriting new and renewal accident & health and property D&F business amid strategic review as it pledges “orderly transition” for customers and brokers.
UK Broker Awards: Winners revealed
The ceremony on 13 September saw Clear Insurance Management crowned insurance broker of the year.
People Moves Round-up: 6-13 September 2019
Keep track of the past week’s market moves.
Egan reveals thinking behind RSA's commercial merger
CEO says move will create efficiencies and does not deny that it may lead to redundancies but explains the aim is to bring clarity to brokers following feedback that RSA's current structure is hard to deal with.
Quizzical questions: 13 September 2019
Test your knowledge of the week's news with our topical quiz.
Chris Dobson outlines future plans as he exits Ageas
He reflects on 40 years in insurance ahead of his retirement as the insurer considers future of broker distribution director role.
Markel buys books of business from Caunce O’Hara
Deal is subject to regulatory approval and will see Caunce O’Hara staff move over to the insurer.