Insurer
Former RSA boss Steve Lewis joins Pro Global
Lewis left RSA in February 2019 and joins as CEO of the outsourcing and consulting specialist next month.
The Insurance Age Podcast: 10 January 2020
Laurence Eastham and Siân Barton consider the top stories from the first full week back in the office in 2020, focusing on Gefion and the recent spate of run-off announcements.
Brokers predict more marine exits after Beazley run-off
Marine specialists expect to find replacement cover in the short-term, but predict that more market hardening is on the way.
Blog: What happens next in the PI market?
MUM's Sachin Gupta predicts a rocky road for professional indemnity insurance.
Beazley places UK regional marine book in run-off
Decision could result in a small number of redundancies as the insurer pointed to pressure and low margins in the sector.
BHIB launches new insurance broker
Create Insurance provides cover for freelancers, with GI policies underwritten by Hiscox.
Danish regulator orders Gefion to correct information
Gefion has disagreed with the decision, as the regulator points to issues with one of the provider's reinsurance contracts.
Blog: Is climate change insurable?
Ben Davis of Digital Risks examines how insurers and brokers can survive in the ‘new normal’ of significant and frequent climate-related losses.
People Moves Round-up: 6-10 January
Keep up to date with the latest market moves.
Strategy reform reveals FCA data drive
The watchdog wants to use automation to deepen understanding of markets but has been warned against developing an over-simplified view of the market.
Amanda Blanc’s latest role announced
The former Axa UK boss has joined claims insurtech RightIndem as non-executive chair of the board.
FCA warns insurance managers to tackle misconduct
Not addressing non-financial misconduct may lead managers to fail the SM&CR.
CFC develops excess cyber product
The proposition is aimed at small and medium sized business.
Neon Underwriting placed into run-off
Neon's parent company American Financial Group has decided to exit the Lloyd's market.
Gefion meets €5m liquidity deadline
The Danish provider has complied with the order from a regulator to have liquid assets of at least €5m by the end of 2019, after further investment from shareholders.
Amanda Blanc joins bicycle specialist Laka
Firm is backed by Zurich, where Blanc spent nine months as CEO EMEA.
Axa teams up with Brokerbility for management training
The courses, aimed at broker leaders, cover the type of misconduct exposed by #MeToo revelations.
Optio buys terrorism specialist Newbridge from Castel
Newbridge was founded in 2015 as part of Castel’s MGA formation platform.
Mike Crane becomes L&G GI CEO as Allianz completes LV and L&G deals
Provider says the purchases of LV and L&G's GI businesses will see Allianz become the second largest general insurer in the UK.
Blog: Is insurance picking up the bill for outdated building regulations?
Alison Whittington, head of housing at Zurich, discusses the hazards of modern properties and how insurers are getting involved.
Christmas Q&A with Tim Ryan and David Williams
Tim Ryan, executive chairman at Ryan's, discusses the trends of 2019 and David Williams, MD of underwriting and technical services at Axa, outlines what the industry can expect in 2020.
Christmas Q&A with Michael Lawrence and Simon Mabb
Michael Lawrence, broker distribution and underwriting director at LV, considers the headlines of 2019 and Simon Mabb, group managing director at Romero Insurance Brokers, predicts those of 2020.
Christmas Q&A with Sarah Mallaby and Peter Blanc
Sarah Mallaby, director of broker markets at Allianz, reviews 2019 and Peter Blanc, group CEO at Aston Lark, looks ahead to 2020.
Whistleblowing failures prompt regulatory intervention at Lloyd’s
PRA has laid down new rules after the Society of Lloyd’s disclosed that it had not maintained an anonymous whistleblowing channel for 16 months.