Insurer
Aviva to cut personal lines products down to 40 from 400
GI CEO Colm Holmes says the provider is targeting growth in growth in SME and corporate and specialty and insists new strategy will not lead to more redundancies.
Ecclesiastical names former Zurich broker boss as insurance MD
John Blundell, who is retiring, will hand over the reins to Richard Coleman in 2020.
Ardonagh takes broker director from Aviva
Graeme MacMillan will join the business in a newly-created role in 2020.
Applied Systems and Zurich announce motor partnership
Zurich will maintain control of pricing while Applied Systems will support connectivity, quoting and data exchange between Zurich, brokers and policyholders.
Direct Line Group results outline £50m cost-cutting drive
Restructures costing the business £60m will also take place over the next two years.
NIG undergoes management reshuffle
Responsibility for e-trade will be handled in the regions after Swindle exit as further managers leave the provider.
Insurers commit to help women’s financial futures
Insurers have promised to provide flexible working for staff and pledged to be inclusive about customers' financial lives.
Insuring Women’s Futures manifesto launched by CII
Former Lloyd's CEO, Inga Beale, called on brokers to examine policy wordings for gender bias.
FCA issues fresh warning on broker remuneration
Regulator issued new guidance on how brokers and providers can best serve customers.
Aviva targets 20% premium growth in GI business
Provider reveals new organisational structure with five operating divisions.
Ex-Swinton boss Gilles Normand joins Saga amid insurance business restructure
Former Legal & General GI boss, Cheryl Agius, is set to take on CEO of insurance role as Saga reveals plans to bring together its insurance broking, underwriting and claims management businesses.
Lloyd’s launches Speak Up campaign to address culture problems
Campaign directly follows results of an independent survey on the market’s culture.
FSCS urges Alpha latent defect customers to submit claims
Scheme has in total paid out £31m in premium refund compensation to 229,000 Alpha policyholders following the collapse of the unrated Danish insurer in May 2018.
Jaime Swindle exits NIG for Bravo Group
The former director of broker e-trade has joined the parent company of Broker Network, Compass and Ethos Broking.
THB agrees Fleet UK partnership with Axa
Axa to underwrite the Fleet UK product from 1 January following Zurich's exit from the scheme.
FCA and PRA seek to ban and fine former insurance CEO
A joint investigation by the regulators found that between February 2010 and July 2016 Stuart Malcolm Forsyth transferred excessive amounts of his own salary to his wife, and as a result paid £18,000 less in income tax than he should have done.
Insurance Day of Giving raises £90,000
Insurance Cares: Money goes towards the Alzheimer’s Society and the UK Dementia Research Institute.
Pioneer confirms Lloyd’s syndicate run-off
Syndicate 1980 already had its 2020 business plan approved by Lloyd’s as Pioneer says it is in talks about fresh investment in its underwriting operation.
Diversity and Inclusion in Insurance – winners revealed
Inaugural awards event was held on 14 November by Insurance Age and Insurance Post.
People Moves Round-up: 11 – 15 November 2019
Keep track of the most recent market moves.
Una Conference 2019: Insurance sector ripe for Uber-level disruption, warns Tim Ryan
The executive chairman of the Una Alliance told conference attendees that they need to ensure they understand changing buying decisions and new types of consumer.
Tokio Marine Kiln appoints new chief underwriting officer
Move forms part of a wider management reshuffle at the firm.
Allianz launches mid-market cyber offering
Cyber Select offers breach prevention and management to businesses with turnover up to £350m.
Brit unveils e-trading cyber portal
The insurer said that the platform, targeted at SMEs, should enable brokers to quickly quote and bind, entirely online, with a maximum of four question responses.