Insurer
Trade-offs are needed to create pandemic policy, says Liiba
CEO Christopher Croft argues that governments and private insurers need to collaborate on solution capable to respond to future pandemics in order to keep costs down for taxpayers.
Complete Cover and Mulsanne parent posts £41.7m loss
The business was sold to Sun Capital last year. Since then it has secured a £1m development loan from Close Brothers and its investors has pumped £7m into Mulsanne to help with solvency.
People Moves: 24 - 28th August 2020
Keep up to date with the latest job changes.
Blog: Helping clients prepare for a post-pandemic future
Craig Thornton, insurance lead at Lloyds Banking Group considers the role of the sector during the pandemic.
MS Amlin restructures underwriting team
Andrew Carrier has been appointed CUO as co-CUO management structure is dissolved with specialty and reinsurer leads to exit.
Profit shoots up for ERS
Half year results highlight how motor provider has been affected by coronavirus as profit increases and COR improves.
Das UK posts profit rise for 2019
The legal expenses provider's COR worsened to 99.2% over the year while GWP fell slightly.
Former Brightside boss Mark Cliff takes NED role at MGA
Cliff has been appointed chairman of the firm which specialises in the social housing sector, travel and associated insurance and property insurance.
Ecclesiastical reports £59.7m loss after Covid-19 hit
GWP was up by 9% in the first half of 2020, while the provider's COR worsened to 101.1%.
Data reveals dramatic drop in personal injury claims during lockdown
ACSO's Matthew Maxwell Scott says claims numbers cannot continue to be cited as the reason for increasing car insurance premiums and urges the insurance sector to cooperate to improve the customer claims journey.
Francois-Xavier Boisseau succeeds Amanda Blanc as ERS chairman
The former Ageas boss takes over after Blanc's move to become Aviva CEO.
Blog: How to grow a specialist customer base in four simple steps
Delegated authority schemes can help you as a broker take control of the risks they are writing and empower them to make decisions for customers. Ecclesiastical's Will Browne shares some top tips.
Sabre reveals new chairman
Andy Pomfret will succeed Patrick Snowball, who is stepping down on 1 September.
Nexus unites trade credit broking teams under Xenia brand
The business bought trade credit brokers Credit and Business Finance in March 2019 and Credit Risk Solutions in October 2017.
CFC extends life science product suite
Provider says its offering is now available to mid-market companies.
Ardonagh buys Thames Underwriting
The MGA, which specialises in the construction, leisure and commercial sectors, brings £20m of GWP to Ardonagh and will operate within Geo Specialty Group.
Aviva reveals 14% GWP rise across digital platforms during lockdown
The provider also saw a 400% increase in webinar attendance as brokers grappled with challenges arising from the pandemic.
Q&A with Aviva's Phil Bayles
Following Broker Extra in July, Insurance Age caught up with one of the speakers, Aviva chief distribution officer Phil Bayles, to discuss some of the key topics that came out of the event
Zurich UK GI reveals H1 loss after Covid-19 claims hit £140m
CEO Tulsi Naidu points to positive working relationships with brokers throughout a "time of great stress" as she maintains that the provider is "very well positioned" for the future.
Hiscox and HAG agree on arbitration process as legal dispute continues
The action group, which is also a claimant in the FCA BI test case, started legal proceedings against Hiscox earlier this year after the provider rejected coronavirus-related business interruption claims.
QBE makes H1 losses
The Australian insurer pointed to opportunities in the London and UK markets.
FCA extends measures to help insurance customers under Covid-19 financial strain
The temporary rules and guidance will now be in place until 31 October, while the FCA notes it is looking at making aspects of the measures permanent.
NIG sees premium growth in H1 as Direct Line posts profit fall
CEO Penny James comments on the provider's Covid-19 strategy as COR improves but in-force policies reduce.
Admiral lockdown rebate cost £97m
2020 COR for the first half of the year was 83.0% compared to 92.3% on H1 2019.