Insurer
The working from home diaries: Peter Davis
Insurance Age finds out how Peter Davis, head of customer & distribution at Zurich UK, has adapted to changes in working practices amid the Covid-19 outbreak.
Covid-19: Disrupters pressurise motor insurers to return premium
On demand insurtechs encourage incumbents to give back premium as it is predicted providers could save £1bn as claims plummet amid lockdown.
FCA to hit brokers with 3% rise in fees
Regulator also wants to increase the authorisation application fee for brokers from £1,500 to £2,500.
Andy Watson bows out as Ageas UK CEO
Watson will hand over the reins to Ant Middle at the end of June this year.
QBE's Pryce to retire at end of 2020
Jason Harris joins from Axa XL and will succeed Pryce as CEO of QBE International.
Commercial director Euros Jones leaves LV
Move comes after LV completes the transfer of its commercial lines business to Allianz.
Covid-19: UK claims will pass £1bn, says Huw Evans
Evans quoted the figure in a letter defending the response of insurers to the pandemic.
Brokers under strain as they support hospitality clients
Covid-19: Brokers battle colossal workloads as they look to help customers change policies and maintain cover.
The Insurance Age Podcast: 3 April 2020
Insurance Age commissioning editor, Laurence Eastham, and news editor, Ida Axling, discuss the top stories of the week.
Covid-19: Niall Barton calls on insurers to support insurtechs
The Insurtech UK chairman and Wrisk executive chairman said the “mini meteorite” of Covid-19 has put insurtechs at risk of underfunding.
Meet the MGA: Bewica
Education, prevention and insurance: Eva Berg-Winters, founder and CEO at Bewica, shares her company’s approach to cyber with Insurance Age
Saga profits drop ahead of expected Covid-19 hit
Broking, underwriting and travel profits all fell, as the group renegotiates its loans to accommodate for lengthy travel suspensions.
ReSolution Underwriting buys Trilogy MGA
MD Chris Blackwell will continue to lead Trilogy as the MGA states it does not expect any changes to the business following the deal.
In-depth - liability: Are D&O rates being held captive?
With rates down and claims up, brokers are facing a new reality in the directors & officers market. Martin Friel reports
Covid-19: Insurers will need to "carefully consider" BI position, says Oliver Wyman
The management consulting firm warns of a coming trade-off between maintaining the economic integrity of the business and maintaining customer trust, as it outlines how European insurers can manage the impact of coronavirus.
Covid-19: Lloyd’s issues guidance to MGAs
Marketplace has issued detailed guidance on premium non-payment, binding authority contracts, administrative requirements, claims resilience, and audits.
In-depth - liability: The future of construction PI
Are there any solutions to the loss of capacity and increasing premiums in construction PI? Martin Friel investigates
Business Secretary states most firms have “not purchased” Covid-19 cover
John Glen said the government is in continual dialogue with insurance sector as he restates companies without the right cover will require support from elsewhere.
Covid-19: Brokers demand flexibility from insurers
Industry experts warn providers are not treating customers fairly as brokers call for clarity on unoccupied properties.
People Moves Round-up: 30 March - 3 April 2020
Keep up to date with the latest market moves.
Covid-19: Industry "getting hammered" over business interruption, says Biba
Brokers hit back over business interruption following criticism of the entire insurance industry as some call for government assistance in getting the message across.
AA posts insurance growth in trading update
Company said the number of policies it manages, as well as income per policy, had risen over 2019.
Insurance Age Digital Issue: April - Insurance and Covid-19
The coronavirus crisis has forced us all to adapt. Here, for the very first time, we have the digital-only edition of Insurance Age.
Opinion: Mactavish's Bruce Hepburn on restoring trust and reforming the industry
Lessons to learn: Even before the current crisis, the industry was in need of a shakeup, says Bruce Hepburn