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.
The insurer has accused Marshmallow of misusing confidential information and stealing trade secrets. Marshmallow has denied the claims.
Aston Lark, All Clear, Howden, Plan Group, Staysure, and Tysers all took home trophies on the night.
The deal means that Zurich will provide solus capacity to KGM for the next five years.
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.
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.
Covid pushes home premiums down according to analysis from Consumer Intelligence.
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.
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…
Keep up to date with the latest people moves.
According to the MGA, the policy was designed as a response to insurers’ requirements of personal guarantees for run off claims.
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.
Co-founders Jade Knight and Melissa Kalsi tell Insurance Age about the demands care providers are facing and how the MGA can support brokers.
Market reveals a profit of £1.4bn as well as an improved COR of 92.2% as gross written premiums also increase.
The former Brightside CEO is also going to join the company’s niche insurance brand, Peach Pi.
News analysis: Brokers are under the cosh and many need guidance on how to implement the FCA’s wide-reaching rules on product governance.
Keep up tp date with the latest people moves.
The confusion over business interruption during the pandemic has damaged the insurance industry. Branko Bjelobaba wonders if it can be undone
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.
Nivante trades exclusively through brokers and provides specialist combined insurance products for the UK care sector, including liability, property damage, and medical malpractice.
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.
The latest recruitment news from around the industry
Caroline Dunn joins the insurer from Lloyd’s where she was responsible for distribution and broker and syndicate relationships.
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.