Insurer
Beazley launches cyber and breach response portal
The portal gives brokers access to a suite of information on cyber risk.
Allianz to sponsor England Rugby
The insurer will partner both the men's and women's teams.
Blog: The post-Covid landscape for broking? It’s too early to tell
Paul Trail, of Close Brothers Premium Finance, consider how the broking landscape might change as we move beyond coronavirus.
Blog: The claims lessons to learn from Covid-19
Neill Johnstone of Lorega assesses the impact of the claims experience during coronavirus and outlines what good looks like.
Opinion: FWD Research's Simon Staplehurst on insurer reputations
Reputations at risk: Figures from FWD Research show that insurers’ reputations are at a low among brokers and customers but also reveal some reasons for optimism, writes Simon Staplehurst
Pressure groups’ fury at Supreme Court BI appeals
Eight parties in the FCA business interruption court case have been allowed to leapfrog appeals to the Supreme Court as QIC Europe is denied right to join the test case and Ecclesiastical withdraws.
Peach PI launches for broker market
The provider is backed by insurer NPA Insurance and offers PI and property cover.
Blog: Cyber insurance is now a necessity for SMEs
NMU’s Matt Drinkwater discusses the increased threat of cyber-crime amid the Covid-19 pandemic.
Manchester Underwriting buys MGA Pinpoint renewal rights
The Pinpoint underwriting team will move across to MUM with immediate effect.
Aviva teams up with Prestige on personal lines home market
The five-year distribution deal builds on an existing relationship where Aviva underwrites motor policies for Prestige.
People Moves Round-up: 28 September - 2 October 2020
Keep up to date with the latest people moves.
FCA prepares appeal after it fails to reach agreement with insurers in BI test case
Regulator says it will continue discussions with insurers and action groups to find a solution for the outstanding issues as soon as possible.
Zego partners with Bravo Group to offer fleet product to networks members
Compass and Broker Network members will now have access to the insurtech’s fleet products.
Paul Evans joins Allianz as chairman
The former UK and group CEO for Axa will oversee Allianz Insurance and LV General Insurance.
FCA and insurers apply to leapfrog appeals to Supreme Court in BI test case
Regulator says discussions between the parties involved in the case continue ahead of the next hearing on 2 October, as the watchdog along with seven insurers file "precautionary" applications to skip Court of Appeal.
Dive-In: Focus on mental health amid Covid-19
Head Lines: Experts warned that the coronavirus pandemic has increased mental health problems for many.
Hiscox urged to start paying BI claims after test case judgment
The night life industry and broker NDML call on the provider to "accept that the time to pay has arrived" in open letter to Hiscox MD.
TowerBrook and Warburg Pincus team up to progress AA takeover talks
Centerbridge and Platinum Equity have pulled out of discussions "by mutual agreement" as AA continues to explore options including an equity raise.
Brokers welcome FCA's crackdown on dual pricing
Experts predict the regulator's proposals to ban dual pricing will have "unintended consequences" and lead to reduced competition for new business, but agree the measures are a positive outcome for consumers.
FCA warns brokers to "pay close attention" after dual pricing ban
Regulator to collect data from any firms setting prices, including brokers, as it calls on the industry to co-operate to tackle the loyalty penalty.
Beazley revises Covid-19 claims estimate up to $340m
This is up from April’s $170m prediction, however, the insurer said it did not expect the outcome of last week’s FCA business interruption judgment to have a material impact.
Tifgroup receives libel settlement and apology from The Times
The travel provider has settled with the national paper over “untrue” allegations it published in November 2018.
FCA signs death warrant for dual pricing
The regulator outlines proposals for a “significant reform” of the motor and home insurance markets and slams "complex and opaque" pricing practices.
Dive-In launches with authenticity and perspective as its themes
The diversity and inclusion festival, which begins today, has done research that found firms should pay closer attention to D&I in times of crisis.