Government says insurers will cover pandemic but ABI insists this changes very little as most do not have this type of cover.
The body is hitting pause on April’s written exams until October but plans to press ahead with its July sittings and multiple choice exams in small groups will continue.
The body paid him £25,000 but the entire industry is now under fire over government decision to not enforce business closures in a move which some claim will affect BI cover.
The government advised leisure businesses to close voluntarily prompting a public backlash that firms won’t be able to claim for business interruption as it isn’t a closure order.
Insurer pledged no business interruption as it plans for employees to stay home on Wednesday 18 March.
We’re already seeing travel cover suspended and confirmation BI isn’t covered for Covid-19. What might this mean for the future of insurance and trust in the sector?
The London Market organisation has published wording to ensure coverage continues beyond a specified renewal date as the coronavirus pandemic continues.
Deal is a three-year renewal of an equine partnership that first began in 2017.
Nick Turner, also a director at NFU Mutual, was stopped from attending the annual CII president's dinner after the provider banned staff from attending events with more than 100 guests.
InsureandGo says policies will not cover Covid-19, while Staysure continues to sell travel insurance and travel disruption cover.
Market to test its readiness by invoking its emergency trading protocol.
The Gallagher-owned MGA has developed a manager role to focus on the Midlands and North.
Provider says existing customers will not be affected by the move.
The legal framework previously in place needs to be changed due to Brexit, with firms having until 11 May to respond.
The decision to keep the unpopular tax at 12% has been welcomed by the insurance market as Chancellor introduces other measures to help Covid-19 hit businesses.
Insurer faces criticism after a paid International Women's Day post by male blogger Father of Daughters.
The event, which celebrates the best in UK broking, is now accepting submissions.
Updated: The provider won’t cover for Covid-19 unless it is specifically named in the terms as other insurers including RSA, Allianz, NIG and Ageas respond to the crisis.
The Insurance Age team discuss the most popular news stories of the week.
Regulator also says it wants to make diversity and inclusion the norm as it seeks to embed "purposeful culture" into companies.
General insurance CEO, Colm Holmes, says provider has exited some "unprofitable relationships" in personal lines, but highlights Aviva will "significantly invest" in the broker channel going forward.
Increase in UK profits of £41m absorbed losses made in international insurance, Admiral Loans, and other business.
Aviva says UK business was impacted by an alignment of the UK digital business with GI, as CEO Maurice Tulloch says provider has made "good progress" on its cost-cutting plan.
David Stevens will be replaced by Milena Mondini de Focatiis, currently head of UK and European Insurance.