Insurer
Covid BI claims payments surpass £1bn
The latest set of figures from the FCA show providers have made initial payments worth £328.9m for unsettled claims and final settlements of £696.2m.
Mulsanne v Marshmallow trial to begin on 15 November
The insurer has accused Marshmallow of misusing confidential information and stealing trade secrets. Marshmallow has denied the claims.
Brokers win big at the British Insurance Awards
Aston Lark, All Clear, Howden, Plan Group, Staysure, and Tysers all took home trophies on the night.
Zurich agrees £700m capacity deal with A-Plan's KGM
The deal means that Zurich will provide solus capacity to KGM for the next five years.
Group launched to help neurodivergent insurance workers
The group says that, despite great progress in the promotion and recruitment of a diverse workforce, where strides have been made to recognise equality, gender and disability; neurodiversity is often overlooked.
Axa UK snaps up Mallaby
She joins as distribution and trading director for commercial and has been brought in to enhance broker relationships after exiting Allianz amid a restructure this summer.
Home insurance premiums fall 6.4% off their June 2020 peak
Covid pushes home premiums down according to analysis from Consumer Intelligence.
Usage-based motor insurer, Adiona, launches
Penny Searles, of Wunelli and Smartdriverclub, is on the advisory board of the Gibraltar-regulated entity which has said it will work with UK brokers.
Research reveals cybersecurity skill gap in insurance
New research from European provider of cloud infrastructure and cloud services, Ionos Cloud, has found that 38% of insurance IT decision makers (IT DMs) admit to their business having a cyber security skills gap, with a third saying this is putting their…
People Moves: 13-17 September 2021
Keep up to date with the latest people moves.
Purbeck launches fresh PGI cover
According to the MGA, the policy was designed as a response to insurers’ requirements of personal guarantees for run off claims.
Brokers urged to take action after FCA calls for clarity on remuneration
Experts say brokers need to review their business models after the regulator slams the industry for "weakness" over product governance rules and highlights its focus on fair value.
MGA Nivante aims to bring greater choice to care sector
Co-founders Jade Knight and Melissa Kalsi tell Insurance Age about the demands care providers are facing and how the MGA can support brokers.
Lloyd's returns to profit in first half of 2021
Market reveals a profit of £1.4bn as well as an improved COR of 92.2% as gross written premiums also increase.
NPA Insurance names Brendan McCafferty as non-executive director
The former Brightside CEO is also going to join the company’s niche insurance brand, Peach Pi.
Peril in product governance – who you gonna call?
News analysis: Brokers are under the cosh and many need guidance on how to implement the FCA’s wide-reaching rules on product governance.
People Moves: 6-10 September 2021
Keep up tp date with the latest people moves.
Opinion: Can trust ever be re-won?
The confusion over business interruption during the pandemic has damaged the insurance industry. Branko Bjelobaba wonders if it can be undone
Video: Das UK takes on the Ride Across Britain challenge
Insurance Cares: Follow along as the team of ten insurance professionals tackle the 980 miles from Land’s End to John O’Groats to raise money for Insurance United Against Dementia.
MGA with focus on UK care sector launches
Nivante trades exclusively through brokers and provides specialist combined insurance products for the UK care sector, including liability, property damage, and medical malpractice.
Beazley launches cyber policy for luxury yachts
According to the provider, the cover is designed to protect against physical damage, loss of access, threat and ransom of the vessel and offers a 24-hour claims hotline for its policy holders.
Market moves - September 2021
The latest recruitment news from around the industry
Zurich UK appoints CUO
Caroline Dunn joins the insurer from Lloyd’s where she was responsible for distribution and broker and syndicate relationships.
Das UK team hikes up fundraising target ahead of Ride Across Britain
Insurance Cares: The team of ten insurance professionals is taking on the 980 miles from Land's End to John O'Groats to raise money for Insurance United Against Dementia and the Alzheimer’s Society.