Insurer
FSCS declares CBL Insurance Europe has failed
The Ireland-based insurer was placed in administration in 2018 and was ordered to stop paying claims last December.
Allianz committed to "under-performing" commercial property business
UK CEO Jon Dye comments on the insurer's financial results for 2019 and discusses broker support and acquisitions.
Allianz UK COR deteriorates to 97.8%
Challenging fourth quarter hits the provider as operating profit falls by 35% but CEO Dye remains upbeat.
Andrew Scott joins Broker Insights as advisor
Scott, who founded Aston Scott Group, has invested in the start-up which was launched by former Aviva broker distribution director Fraser Edmond.
Insurance Age Podcast: 21 February 2020
The Insurance Age team talk about the top stories for the week.
Home insurance premiums increase
Effect of storms is feeding through into premium costs.
Axa XL replaces CEO
Scott Gunter, of Chubb, will take over from Greg Hendrick who is leaving.
Blog: Insurance is a trust game
Oke Eleazu, chief operating officer at Bought By Many, discusses how insurance firms and customers can build trust with one another.
Axa UK reveals revenue growth for 2019
Provider posted rising revenues in both commercial and personal lines.
Watson blames Ageas profit fall on motor book
Ageas UK CEO, Andy Watson, discusses the issues impacting the provider's 2019 results and recent changes in its broker business.
Ageas UK reveals 21% net profit fall
CEO Andy Watson says results were driven by difficulties in the motor market.
Administrator publishes Call Connection update
The business went bust in 2017 and administrators expect just £246,000 to be paid to creditors.
QBE International posts rise in GWP but fall in underwriting result for 2019
The division, which includes its UK business, also saw an improved combined operating ratio of 95.4%.
Bollington cuts ties with Gefion
Bollington suspends trading with the unrated Danish insurer, which has been providing capacity for its MGA, Anjuna Underwriting, since 2017.
Uinsure expands into non-standard home insurance
The InsurTech firm now provides quotes for categories including holiday homes, non-standard construction, listed buildings and homes subjected to previous subsidence and flooding.
Bennetts deal to cost Ardonagh £26m
Motorcycle broker will join Autonet, Carole Nash and Swinton as part of Atlanta.
The Insurance Age Podcast – 14 February 2020
News editor Ida Axling and editor Siân Barton look over the top stories for the week.
Zurich UK reveals profit jump for 2019
UK CEO, Tulsi Naidu, says provider has seen growth in its broker business as it reports rise in GWP and an improved COR.
In Person: Amanda Blanc
Blanc chats to Insurance Age about her seven new roles, her thoughts on brokers and why she believes young people should choose a career in insurance
Lloyd’s unveils culture advisory group
The group is chaired by Fiona Luck and includes Salesforce CEO Dame Jayne-Anne Gadhia.
People Moves Round-up: 10-14 February
Keep up to date with the latest market moves.
Pen reveals further management changes
Move follows Gallagher’s UK specialty management reshuffle which also saw Tom Downey take over the Pen CEO role from Jonathan Turner.
Polaris creates new standards for sharing economy products
The technology and standards organisation worked alongside sharing economy provider Pikl.
Gallagher reshuffles UK specialty and Pen Underwriting leadership teams
Jonathan Turner moves from Pen to take on UK specialty CEO post as broker creates new head of business development role taken up by John Thompson.