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.
On demand insurtechs encourage incumbents to give back premium as it is predicted providers could save £1bn as claims plummet amid lockdown.
Regulator also wants to increase the authorisation application fee for brokers from £1,500 to £2,500.
Watson will hand over the reins to Ant Middle at the end of June this year.
Jason Harris joins from Axa XL and will succeed Pryce as CEO of QBE International.
Move comes after LV completes the transfer of its commercial lines business to Allianz.
Evans quoted the figure in a letter defending the response of insurers to the pandemic.
Covid-19: Brokers battle colossal workloads as they look to help customers change policies and maintain cover.
Insurance Age commissioning editor, Laurence Eastham, and news editor, Ida Axling, discuss the top stories of the week.
The Insurtech UK chairman and Wrisk executive chairman said the “mini meteorite” of Covid-19 has put insurtechs at risk of underfunding.
Education, prevention and insurance: Eva Berg-Winters, founder and CEO at Bewica, shares her company’s approach to cyber with Insurance Age
Broking, underwriting and travel profits all fell, as the group renegotiates its loans to accommodate for lengthy travel suspensions.
MD Chris Blackwell will continue to lead Trilogy as the MGA states it does not expect any changes to the business following the deal.
With rates down and claims up, brokers are facing a new reality in the directors & officers market. Martin Friel reports
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.
Marketplace has issued detailed guidance on premium non-payment, binding authority contracts, administrative requirements, claims resilience, and audits.
Are there any solutions to the loss of capacity and increasing premiums in construction PI? Martin Friel investigates
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.
Industry experts warn providers are not treating customers fairly as brokers call for clarity on unoccupied properties.
Keep up to date with the latest market moves.
Brokers hit back over business interruption following criticism of the entire insurance industry as some call for government assistance in getting the message across.
Company said the number of policies it manages, as well as income per policy, had risen over 2019.
The coronavirus crisis has forced us all to adapt. Here, for the very first time, we have the digital-only edition of Insurance Age.
Lessons to learn: Even before the current crisis, the industry was in need of a shakeup, says Bruce Hepburn