Insurer
Richard Rogers, Lloyd's building architect, passes away
Lord Rogers designed the Lloyd's building on Lime Street in London.
Review of the year: Ageas' CDO Adam Beckett
The chief distribution officer talks resilience, ESG, dual pricing, and broker innovation throughout 2021.
Brokers hit out at "antiquated" attitude to cover for sex industry clients
Analysis: Insurance specialists say a change of mindset is needed as brokers struggle to find cover for legitimate businesses in the sex industry as a result of prudish insurers viewing them as a 'moral hazard'.
News analysis: Regulation and Gibraltar - is it The Rock of vanities?
David Worsfold investigates how insurer regulation in Gibraltar has changed following ten years of insurer failures.
FOS plans to increase levy by £10m
The regulatory body will ask firms for £106m as it flags increase in motor and pet insurance complaints but PPI comes to a close.
Covid BI claims payments reach £1.2bn
FCA data reveals providers have now made initial payments worth £308.4m and final settlements of £916.7m.
Biba unveils 2022 conference theme
The event is set to take place at the Manchester Central Convention Complex on 11-12 May 2022.
Specialist Risk Group launches MGA
MX combines the four MGAs owned by SRG and will operate in the UK and the EU.
Allianz adds to D&O product offering
The insurer announced that its Complete Directors & Officers product would now give clients access to free legal services.
The stats: December 2021 – The Acturis Premium Index
The third quarter of the year saw rising premiums in almost all of the product lines featured in the Acturis Commercial Broking Index – the only exception being a minor dip in fleet.
Allianz names risk director for personal lines
José Morago, former group risk director at Aviva, will join the insurer following a series of management changes.
Insurtech GoShorty launches short-term motor cover
The provider says the product is available via brokers and provides short-term cover for full licence holders as well as provisional ones.
What insurance support do smaller brokers need?
Four takeaways from a roundtable discussion at Broker Expo 2021.
In Depth: Making ESG meaningful
Nadia Bagijn, of Travelers, explores how the insurance industry can help financial institutions lead the way
News analysis: How climate change impacts risk development
Brokers tell Insurance Age about the way the risk landscape has morphed as a result of climate change and what advice they should be sharing with clients.
Allianz pledges £100,000 to help brokers reduce emissions
The Net Zero Accelerator has been designed to help brokers measure their carbon footprint.
Environmental, social and corporate governance and the risks for institutions
In Depth: Rachel Gordon questions if ESG is all about the optics or are there some real risks to address?
How can brokers help financial institutions protect against insolvency and regulatory failures?
In depth: Rachel Gordon explores how specialist cover can protect financial institutions as the risks are exacerbated by the pandemic.
UK & International boss Scott Egan exits RSA
He will be succeeded by Ken Norgrove, who most recently worked as CEO of RSA Scandinavia.
FCA to introduce consumer duty to drive “fundamental shift” in industry mindset
The regulator has launched a consultation on the duty, which was first flagged in May this year, as it seeks to increase consumer protection and tackle harm.
People Moves: 6-10 December 2021
Keep up to the date with the latest industry moves.
Kroll reverses “reckless” MCE MTA decision
The administrator will now allow the provider to process mid-term adjustments.
News analysis: Calculating broker PI
Brokers are counting the cost of their own professional indemnity protection. Sam Barrett investigates.
FCA launches AR consultation to “address harm”
Regulator warns that there are “real risks of consumers being misled and mis-sold with little scope for recourse” as it proposes changes to the current model.