COR also improved, while GWP was down on 2019 after a number of products lines were "materially affected" by Covid-19.
Provider to bring new capacity to the London Market at a time of "unprecedented upheaval" in the D&O sector, with the aim to reinvent the way the industry operates.
The provider’s 2020 results showed that, despite a fall in revenue, COR improved as P&C business in the UK reports growth in personal motor and commercial lines.
Motor insurtech Abacai launches with backing from Complete Cover owner Sun Capital and sees Wilson take charge as CEO alongside a leadership team including two executives from CCG.
The regulator highlights that 27.7m UK adults could be categorised as vulnerable as it promises to hold firms to account for failures.
Stuart Kilpatrick, of Burns & Wilcox, a HW Kaufman company, considers how the tough market could evolve in a post-Covid world.
The improved position was down to lower motor claims due to the lockdown as the insurer reports growth in broker deals for household and commercial.
Since the last survey in 2019 4% of workers have witnessed sexual harassment, despite the 2020 lockdown, and just 57% feel concerns are listened to.
Stay up-to-date with the latest personnel change in insurance.
The proposition enables transfer of financial risk and is powered by AI data analysis.
The provider has also joined the panel of the analytics and telematics specialist.
UK CEO Jon Dye discusses the business interruption test case and why communication with brokers is critical, after Allianz revealed its total impact of Covid-19 BI claims in 2020 was £175m, net of reinsurance.
CEO Steve Treloar explains the consultation process is now complete after the provider last year put up to 600 roles from across LV and L&G at risk as part of a restructure.
Provider says total impact of Covid-19 BI claims in 2020 was £175m and details it has to date paid 78% of valid SME claims.
PI and property rates were hit hard following the Grenfell fire horror. Martin Friel investigates the wider insurance implications but is met with deafening silence from providers as brokers sound the alarm.
Tigon focuses on travel and Covid-19 cancellation cover as Rock seeks to diversify.
Louis Tucker takes on the role with immediate effect, moving across from parent company Arch Insurance International.
Regulator says Supreme Court decision gives insurers the clarity they need to conclude their claims processes with most of their BI customers but a few issues still remain as parties make written submissions to the Supreme Court.
The products are designed to protect producers against the risks that can cause films, TV and other forms of programming to be called off or delayed.
Managing director Richard Willis tells Ida Axling about the broker’s acquisition and growth plans and reveals the thinking behind launching a new MGA offering.
Aviva’s Dave Carey discusses pandemic-related challenges for SMEs and what brokers and insurers can do to help.
The “soft target” tax is under threat amid economic uncertainty but the sector is still arguing for a cut or a freeze.
Combined operating ratio for the UK business deteriorated to 97.8%, but GWP was up by 11%.
MGA says cover will be triggered automatically in the event of a new lockdown of any duration, without the need for the broker to request it.