Insurer
Broker Week: Getting on with it
As part of Applied Broker Week, Biba's Graeme Trudgill stands up for the brokers who have worked through the Covid-19 crisis with aplomb and insight.
Markel International ditches lines to focus on entertainment
The specialist insurer will no longer write personal accident or contingency insurance, partly due to the impact of Covid-19, with redundancies expected.
Covid-19: PRA warns of potential "significant impact" on insurers from BI dispute
But the regulator also describes the sector as resilient and robust in a letter to general insurance CEOs.
Lloyd's and RSA apologise for slave trade links
Lloyd's pledges support for BAME communities as it condemns "appalling and shameful" part of its history.
Axa XL boosts UK broker management team
Michael Clarke joins the business from Willis Towers Watson and Robyn Warke moves across from Generali.
CII reports income rise for 2019
Organisation has also seen an increase in membership volumes.
RSA's single commercial vehicle exit sparks mixed reactions
RSA criticised for "abandoning the broker sector" after provider says single vehicle business is "no longer broker territory" as brokers refuse to give up on the space.
Insurers and FCA butt heads on pandemic spread analysis in BI case
Insurers’ counsel have decried the Financial Conduct Authority’s intention to use the “controversial” Cambridge analysis of Covid-19 spread in its business interruption test case, as representatives warned another trial might be needed to iron out…
BI Test Case: Hiscox argues business hardship likely even without lockdown
Hiscox aims to compare Covid-19 economic hit to Sweden and ‘draconian’ UK in Financial Conduct Authority BI test case.
Open GI teams up with Plum Underwriting on home product
The software house says the partnership provides brokers with access to the latest home products from Plum.
Pen partners with the police on cyber certification scheme for SMEs
The Gallagher-owned MGA says SMEs who achieve the certification and then buy cyber insurance from Pen through their broker will receive a premium discount.
Covid - 19: Action group hits Hiscox with £40m arbitration claim
Hiscox Action Group wants a former Court of appeal Judge to act as sole arbitrator as Covid-19 business interruption dispute continues.
Ageas hunts new distribution chief as Middle makes first moves as CEO
Ageas’ new UK CEO Ant Middle, pictured, is reintroducing a group wide distribution director as part of his first major moves since succeeding Andy Watson in April.
Blog: Reimagining the future
Coronavirus, the business interruption insurance row and black lives matter protests all present challenges for the insurance sector. The Chartered Insurance Institute's CEO Sian Fisher explores what the way forward as part of the Applied Broker Week.
British dentists questions wordings included in BI test case
The British Dental Association has written to the Financial Conduct Authority to highlight “questionable” wordings not included in the coronavirus BI test case.
FCA expands number of wordings under scope of BI test case
The regulator's updated preliminary list shows that the scope of the legal proceedings has been extended to cover a total of 91 policy types.
The Blog Spot: What are you doing to support Black Lives Matter?
The insurance sector is working to improve diversity but how is it changing beyond having conversations?
FCA turns focus to policy intention in Covid-19 BI battle
The regulator's particulars of claim for the test case stated that the defendants’ reasons for wordings are not relevant or admissible.
RSA exits single commercial vehicle market
Exclusive: Provider says single vehicle business is "no longer core broker territory".
TotusRe seeks proactive reinsurance solution for catastrophic risks
Founders James York and Liz Foster say collective is "complementary" to Pandemic Re with membership spanning global and regional brokers.
People Moves Round-up: 8 - 12 June 2020
Keep up to date with the latest people moves.
Momentum: AR model thriving during Covid-19 pandemic
Brokers are increasingly looking at striking out on their own despite the coronavirus outbreak.
Blog: PI under pressure
The evolving PI landscape presents significant challenges not just for insureds, but their brokers and insurers as well, says Danny French of Aqueous Underwriting.
Mishcon advances on Hiscox and QBE in Covid-19 BI rows
The legal firm is pursuing a £52m claim against Hiscox and planning its own test cases and representing dentists in dispute with QBE.