Insurer
Motor premium drop starts to stabilise
For the first time in over a year, the cost of car insurance has increased in some UK regions while the average premium has now reached £782, Consumer Intelligence reported.
Liberty adds to real estate proposition
The provider is launching a fresh product and has appointed two underwriters to support the initiative.
First Underwriting secures £1bn capacity from Accredited
The five-year deal with Accredited, alongside McGill & Partners, provides capacity for specialty products and will help First to diversify its product lines.
MGA Tradewise goes into administration
The motor MGA stopped writing new and renewal business on 1 January after it was unable to renew its reinsurance protection with Berkshire Hathaway.
People Moves: 10 - 14 January 2022
The latest personnel and management news in the insurance sector.
Ageas moves to Amazon Web Services for Insurer Hosted Pricing
The deal also sees it move to CDL's Proteus system which the provider says gives faster access to competitive rates for brokers.
Aviva and Prestige Underwriting agree fresh panel deal
The fresh motor and van agreement runs until 2026 and sees Prestige re-enter the non-standard motor space.
More deals in pipeline for Markerstudy after £400m BGL Insurance buy
Group underwriting director Gary Humphreys tells Insurance Age about the MGA's biggest deal to date and its plans for the future as he confirms that an IPO "hasn’t been ruled out as possibility".
UK General appoints CUO
David Boulcott joins the firm to replace outgoing David Brown.
People Moves: 4 - 7 January 2022
Keep up to date with the latest personnel changes from the world of insurance.
Fresh founder Lisa Powis awarded BEM in New Years Honours List
In addition, Johnny Timpson, previously the government’s disability access ambassador for the insurance and banking sectors, was made an officer of the Order of the British Empire.
Markerstudy buys BGL Insurance
The transaction is expected to complete during the first half of 2022 and follows hot on the heels of Markerstudy's deal for Lloyd's broker Clegg Gifford.
Review of the year: Covéa's Sue Coffey
Coffey discusses how the industry has risen to the challenge and worked together to navigate a difficult period while preparing for "significant" changes in regulation.
Insurance Age year in review- Steve Molloy
Steve Molly of AX reviews the year so far and tells Insurance Age what 2022 might look like.
Blog: Industry trends to look out for in 2022
Adrian Saunders, commercial director at Ecclesiastical Insurance, shares his predictions for the broker market in 2022.
Year in Review: Seàn Kemple, Close Brothers
Close Brothers MD Seàn Kemple reflects on the challenges brought on by 2021 and discusses the implications of the hard market for the broker space.
Year in Review: Arch's SVP, Mike Bottle
Mike Bottle, SVP, strategy & distribution of Arch Insurance UK regional division, looks back on 2021 and talks about the lessons he learned this year.
Review of the year: RSA's Kevin Demmon
RSA's London Market property director discusses the biggest challenges the insurance market has faced in 2021 and what he has learned from them.
Blog: Five themes that could shape the insurance industry in 2022
Peter Davis, head of customer and distribution at Zurich UK, shares his predictions for the year ahead.
The top five stories of 2021
Insurance Age lists the five news stories that have been most popular this year, including updates on the BI saga, Intact's RSA takeover and David Williams' exit from Axa after 41 years.
Review of the year: Aviva's Gareth Hemming
Aviva's chief distribution officer shares his insight on the challenges of the past 12 months and looks ahead to what 2022 might hold for the sector.
Insurance Age year in review - Andy Bord
Andy Bord of Flood Re reflects on the challenges and opportunities of 2021 and points out what 2022 might hold for the insurance industry.
Blog: Top court cases that shaped the market
James Breese, senior associate at Fenchurch Law, lists the Covid-19 court cases that impacted the insurance industry in 2021 and discusses what lies ahead in 2022.
Review of the year: Axa's Marco Distefano
Axa UK's MD of retail home and motor looks back at 2021.