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.
The trade body has pledged to support members as the regulator insists all firms must have contingency plans in place to deal with major issues such as Covid-19.
The SME-focused insurtech was launched by former Aviva and Brokerbility expert, Jodi Cartwright, in 2019.
The failed firms are JB Wilcock Insurance, Benson McGarvey Murdoch, Elite Insurance Company, and Quick-Sure Insurance.
Consultancy says the UK insurance sector is on an “unsustainable trajectory” as it warns of a decline in broking and underwriting skills.
COR deteriorated to 92.2% as provider says results were impacted by Ogden and restructuring costs.
Insurance Cares: Aon and Aviva push to get social landlords to make use of their tenants contents insurance schemes in order to help vulnerable customers, as MPs outline challenges for the industry.
Networks or not-works? The UK could take a lead from Australia when it comes to developing networks, writes James Sharp
The ABI and CII are calling for a cut to insurance premium tax, whereas Biba is requesting a freeze.
GoCo Group’s preliminary results suggested operating profit would drop more than 46% amid transformation plan.
The ‘Chartered Insurance Underwriting Agent’ title is available to both individuals and businesses.
Ardonagh's Geo Underwriting has exchanged contracts to buy the trade and assets of the agriculture specialist.
Provider reports growth in GWP, but admits household broker business in the UK has been impacted by “tough pricing action” following an increase in claims.
Profit and GWP improved at the motor provider.
Pool Re to operate as it currently does until 31 March 2021, while a range of options are considered.
The Insurance Age team chat about the most popular news stories of the week.
Jon Hancock's departure from Lloyd's was announced in January.
Egan points to growth in RSA's regional commercial broker book as UK business moves back into profit.
Performance at group and UK & International level improved and COR was 95.0% as the business noted the impact of discipline and portfolio exits.
CFO John Worth said results were driven by elevated claims as the business reports rising GWP in every division except van.
CEO John Neal says the corporation has raised £300m in debt to fund Future at Lloyd's programme as he admits Lloyd’s is “bound to go down some blind alleys” as it seeks to transform.
The provider confirmed that the Manchester office is also set to be down-sized as the insurer seeks to cut around 800 jobs due to digital drive.
Russell White joins from RSA and completes Ageas's broker distribution team restructure following the retirement of Chris Dobson.