Insurer
People Moves: 10 - 14 May 2021
There was still time for some recruitment news in the week the Biba conference took place.
Acturis adds CFC to panel with cyber product launch
CFC's Cyber Now product has been made available to brokers on the Acturis platform.
Biba 2021: Attracting talent key to a diverse workforce
Panelists point to encouraging progress for diversity and inclusion in insurance.
Biba plans return to Manchester in 2022
Next year’s conference is set to take place at Manchester Central, restrictions permitting.
Biba 2021: Call for 'unified action' on PI problems
As the cost of PI soars, and insurers exit the market, Biba panellists call for brokers and insurers to collaborate to ensure customers get value.
Millennials failing to buy contents cover
The generational divide is a key finding of a survey which insurtech Getsafe conducted among 2,069 British citizens.
Specialist Risk Group buys Irish MGA, Blackrock Insurance Solutions
Specialist Risk Group (SRG), has announced the acquisition of specialist Irish liability and property MGA, Blackrock Insurance Solutions.
Biba 2021: MP John Glen’s keynote speech
The economic secretary to the Treasury tackled insurance premium tax, broker Financial Services Compensation Scheme levies, cladding, Brexit and more in his keynote address to the British Insurance Brokers’ Association’s 2021 conference yesterday.
Covid BI claims payments hit £701m
FCA figures show interim payments of £268.2m and final settlements of £433.1m since the Supreme Court verdict, with the number of policyholders waiting to hear whether their claim is valid going down to 9,912.
Renovation Underwriting hires James Guthrie to lead on broker distribution
Guthrie most recently worked as head of HNW distribution at Covéa.
Biba to open conference for extra day
The move follows difficulties accessing the virtual conference platform yesterday.
Biba 2021: Unintended consequences from silent cyber 'knee jerk' reaction
The clampdown on silent cyber exposure has had unintended consequences for customers with some alterations too “broad brush”, according to Axa UK managing director, underwriting and technical services David Williams.
Biba 2021: The Future of Broking
Phil Barton attacks scale-led consolidation and warns broking is “in a dangerous place” as an expert panel including Aon’s Julie Page, A-Plan’s Carl Shuker and Atlanta’s Ian Donaldson consider the future in a session chaired by Brokerbility’s, Ashwin…
Biba conference site crashes
Delegates are unable to log in to the platform as the trade body blames wider server issues and apologises for the problems.
Interview: Allianz's Simon McGinn on challenges and opportunities in a hard market
McGinn discusses exiting certain trades amid a hard market, changing broker wordings after the Supreme Court judgment in the FCA test case and what is next for Allianz in the UK.
Aviva confirms potential redundancies amid IT overhaul
Up to 115 staff across a number of sites will be affected as the insurer looks to automate and outsource.
Axa Commercial launches Broker Learning Zone
The initiative has been developed to drive professional development for UK brokers and sits alongside the newly-developed Axa XL Broker Academy.
Blog: In search of the digital X-Factor
Dave Ovenden, of Willis Towers Watson, considers how the industry can ensure commercial cover isn't left behind amid the tech revolution.
Zurich’s UK underwriting officer exits for global role
Hayley Robinson will be heading off to Switzerland to start as group chief underwriting officer in June.
RSA takeover to be completed in May
The provider has also released its Q1 results, revealing a combined operating ratio of 86%.
FCA spent almost £7m on BI court case
The regulator brought the case to provide clarity for policyholders on payment of business interruption claims arising from the pandemic and subsequent lockdown.
SchemeServe creates scheme sharing facility with capacity from seven providers
The facility, which was developed in response to changes in insurer appetite due to the pandemic, will connect brokers and MGAs looking for capacity for new or existing schemes to a panel of providers including Axa, Ecclesiastical, Hiscox, Arag, and Pen…
Interview: Jaime Swindle - Bravo Networks
Managing director Jaime Swindle talks to Insurance Age about the network's newly created brand, details its new proposition, and explains why networks are an upward trend.
Market moves - May 2021
The latest recruitment news from around the industry